Bank of England Reviews | Glassdoor

Bank of England Reviews

Updated Jan 9, 2020

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3.5
71%
Recommend to a Friend
82%
Approve of CEO
Bank of England Governor Mark Carney
Mark Carney
86 Ratings
  1. "Good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Economist in London, England

    I worked at Bank of England full-time for more than 3 years

    Pros

    Good work environment, colleagues are nice, allows flexible working.

    Cons

    The pay is low compared to the industry

    Bank of England2020-01-09
  2. "Okay"

    StarStarStarStarStar
    Current Employee - Supervisor 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of England full-time

    Pros

    Interesting job role within the sector

    Cons

    Takes years to progress in the company

    Bank of England2019-12-19
  3. "Good employer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Recommends

    I worked at Bank of England part-time for more than a year

    Pros

    Stable and secure working environment with great people

    Cons

    Can be slow to accept need to change processes

    Bank of England2019-12-16
  4. "PRA Bank of England"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Supervisor in London, England
    No opinion of CEO

    I have been working at Bank of England full-time for more than 5 years

    Pros

    Good work life balance, interesting work and opportunity to engage with senior executives at firms.

    Cons

    Poor compensation, rigid and hierarchical management structure, lack of career progression opportunities.

    Bank of England2019-12-03
  5. "Interesting and challenging work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England full-time for more than 5 years

    Pros

    Structured career paths, very intelligent colleagues, meaningful mission, friendly and tight knit culture, and interesting and challenging work that has a real impact on UK public policy.

    Cons

    Hierarchical and leadership is still very male dominated, though the Bank is taking steps to address this.

    Bank of England2019-12-01
  6. "High impact work but soft culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Analyst in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England full-time for more than 5 years

    Pros

    Work has huge impact on households and businesses around the country

    Cons

    Soft culture that rewards conformers Not a meritocracy

    Bank of England2019-11-30
  7. "Bank of England"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Administrative Assistant 

    I have been working at Bank of England full-time

    Pros

    Flexible working , friendly, supportive

    Cons

    Travel, stress, desk sharing,

    Bank of England2019-11-19
  8. "Great place, great colleagues, abysmal IT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Economist 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Bank of England full-time

    Pros

    Great colleagues, great values, motivated people

    Cons

    IT infrastructure is very, very poor, and no improvements are in sight

    Bank of England2019-11-18
  9. "Great Culture, but very political"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - IT Support Specialist in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bank of England full-time for more than a year

    Pros

    Great culture, people and atmosphere is lovely! Great flexibilty, especially if you have children

    Cons

    Appraisal system is not always fair, as managers have to stand up for you against others you're compared to - so if you have a good, loud manager who loves you, you're good, but other than that, scores are usually inadequate

    Advice to Management

    Appreciate increased workloads, and make sure you communicate all your feedback to staff BEFORE you give them their scores, so that they can improve

    Bank of England2019-11-13
  10. "BoE"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Manager 

    I have been working at Bank of England full-time

    Pros

    Flexible working - Work life Balance

    Cons

    Very bureaucratic and a lot of politics

    Bank of England2019-11-02
Found 180 reviews