Bank Leumi le-Israel Reviews | Glassdoor

Bank Leumi le-Israel Reviews

Updated March 19, 2019
42 reviews

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3.2
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Rakefet Russak-Aminoach
17 Ratings

Employee Reviews

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  1. "Great Bank and environment !!"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Learned about different areas. Recognized Bank

    Cons

    The language ... but all the employees help each other

    Advice to Management

    All great!!


  2. "Project Management"

    StarStarStarStarStar
    Current Employee - Junior Project Manager in New York, NY
    Current Employee - Junior Project Manager in New York, NY

    I have been working at Bank Leumi le-Israel full-time (More than a year)

    Pros

    Job Security for those that get good reviews for 4 years.
    Can switch positions inside the bank, for variety

    Cons

    Big corporation, with lower salary

  3. "Credit Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - New York in New York, NY
    Former Employee - New York in New York, NY
    Recommends
    Positive Outlook

    Pros

    A lot of place to grow

    Cons

    A very big organization with a lot of politics


  4. "Lots of changes, although it's a big and stable company, but unstable positions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Banker in Haifa (Israel)
    Current Employee - Business Banker in Haifa (Israel)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Bank Leumi le-Israel full-time (More than 5 years)

    Pros

    If you want to be and remain below average worker, this is the place to work in.

    Cons

    After 4-5 years you get tenure, and the only thing the Bank can't do is to fire you, but in parallel, they can do whatever they want to you, to move you from department to another, from place to another etc.


  5. Helpful (1)

    "You don't matter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Phone Banker in Rishon LeẔiyyon (Israel)
    Former Employee - Phone Banker in Rishon LeẔiyyon (Israel)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Bank Leumi le-Israel (More than 3 years)

    Pros

    Good pay, Multiple promotion options.

    Cons

    Abysmal treatment to employees, Sales-over-service approach and general disregard to both customer and employee needs. Needless bureaucracy at every corner overall and awful stress-inducing work environment.

    Advice to Management

    Learn from your competitors, Instead of stressing out and pushing your employees, listen to what they and the public have to say.


  6. "Equity Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tel Aviv-Yafo (Israel)
    Current Employee - Anonymous Employee in Tel Aviv-Yafo (Israel)
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Bank Leumi le-Israel full-time (More than 8 years)

    Pros

    Ability to move around within the organization, tech oriented, relative stability as a large bank.

    Cons

    Managemen tends to be more goal oriented and less people focused.
    Industry shrinking has taken a toll on promotion within

    Advice to Management

    In depth courses to adapt to changing tech and training for new age jobs within the bank -- innovation, tech etc.


  7. "Good workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank Leumi le-Israel full-time

    Pros

    holidays, flexible working hours, end of year bonus

    Cons

    slow changes, very hard to make an impact

  8. "Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Tel Aviv-Yafo (Israel)
    Former Employee - Analyst in Tel Aviv-Yafo (Israel)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Bank Leumi le-Israel part-time (More than a year)

    Pros

    1.Being on a management floor was very exciting
    2.bank workers have GREAT conditions and benefits

    Cons

    many of the people in the bank are lack of drive and ambition because they cannot be fired. as a young ambitious employee that wasn't very exciting

    Advice to Management

    find your way to motivate people.


  9. Helpful (1)

    "bank leumi is no place for young people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank Leumi le-Israel full-time

    Pros

    comfortable and flexible working hours

    Cons

    low salary, cheap organization, bad attitude towards beginners


  10. Helpful (3)

    "Severe bullying and mismanaged (LONDON OFFICE)."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Deputy Relationship Manager in London, England (UK)
    Current Employee - Deputy Relationship Manager in London, England (UK)
    Doesn't Recommend
    Negative Outlook

    I have been working at Bank Leumi le-Israel full-time

    Pros

    Work life balance is unheard of in the industry. Most people arrive at 9am, leave at 5pm, and take an hour for lunch. Even those who are working longer hours are only coming and going an hour earlier than that. If you are a practicing Jew, you are able to leave at 2pm on Fridays (even the non-practicing Jews seems to leave early - although will usually go shopping instead!). The extra Jewish holidays is also a bonus if the fall on week days. Expect to be promoted into positions of management simply by not "rocking the boat" and amount of time spent there rather than actual ability.

    Cons

    There is an ingrained bullying culture stemming from a number of mid-management positions been given to people who have no people management abilities and have simply risen to the position by default. I have seen a number of people at this Bank who were severely bullied by their direct supervisor and resulted in their the victim's termination of employment when they raised it with HR for something completely different. I'm unsure if Senior Management understand this is occurring, or whether they turn a blind eye. A few young people have had their careers destroyed because of this while their managers with little abilities or work ethic seem to coast along with praises from senior management. There seems to also be favouritism for Jewish or Israeli staff who seem to get preferential treatment. You can see some of these staff literally asleep at their desk (if they're there at all) and yet there are no repercussions. There is also favouritism to staff who look after high profile Israeli customers with obvious influence from the parent company in Israel to turn a blind eye to riskier and less transparent transactions. Progression is also prevented due to this inept mid-management purposely making it difficult for people to reach their full potential, mainly due to fear of their own inadequacies.

    Advice to Management

    Take heed of the knowledge that there is a severe bullying and moral issue with your mid-management. HR are well versed on the number of complaints (whether on or off the record) of certain individuals and cannot continue defending these reoccurring complaints. The old adage goes "where there is smoke, there is fire" should ring true with Bank Leumi (UK) Plc; identify the issues head on a take a ZERO tolerance for bullying instead of sweeping of the rug.