Bank of Ireland Reviews | Glassdoor

Bank of Ireland Reviews

Updated November 18, 2017
41 reviews

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Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher
Richie Boucher
21 Ratings

41 Employee Reviews

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Pros
  • Flexible with a work life balance (in 18 reviews)

  • good people, good annual leave, lots of team work (in 12 reviews)

Cons
  • Career progression for highly ambitious employees is slow (in 13 reviews)

  • Sometimes decision making was slow due to internal regulations (which after 2008 is understandable) (in 6 reviews)

More Pros and Cons

  1. "Bank of Ireland Management Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Management Associate in Dublin, Co. Dublin (Ireland)
    Former Employee - Management Associate in Dublin, Co. Dublin (Ireland)

    I worked at Bank of Ireland full-time (More than a year)

    Pros

    Graduate level employment - Straight out of university - experience not required - some overtime - some expenses covered

    Cons

    Poor management structures - poor IT systems - promotion streams overly complicated - middle management very inefficient - generally extremely boring.


  2. Helpful (1)

    "Learn new skills in an environment of constant change and outside regulatory inspection"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Current Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)

    I have been working at Bank of Ireland full-time (More than 10 years)

    Pros

    -You can learn a lot due to the diverse nature of the business and the opportunity to move around internally.
    -In the past have supported learning and development
    -Bank has introduced a Career and Reward Framework(but not fully embedded)

    Cons

    -Pay and other benefit (such as learning and development) are under pressure in order to help reduce cost/income ratios.
    -Due to the environment of constant change and inspection some roles can be very pressurised.
    -Seems to be more opportunities for those coming from outside.
    -Once in, Pay and benefit increases tend be limited, even when moving up grades, so make sure your happy with your starting salary.

    Advice to Management

    Treat long-standing staff with the experience and maturity to help deliver in the current environment.experience better. Including opportunities for career advancement. Live up to the Career and Reward framework, especially when staff are changing roles.

  3. "Bristol Arrears in the red!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager in Bristol, England (UK)
    Current Employee - Operations Manager in Bristol, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of Ireland full-time (Less than a year)

    Pros

    Temple meads location is great and offices are well equipped. Good remuneration and package.

    Cons

    Very weak/poor head of business and management team with genuine lack of basic leadership competence.

    Advice to Management

    leadership by example and requirement to learn about operational management is a must. Lots of mates but few business minds including head of business.


  4. Helpful (1)

    "Tiring and Tedious"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Fraud Analyst in Dublin, Co. Dublin (Ireland)
    Former Contractor - Fraud Analyst in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Bank of Ireland as a contractor (More than a year)

    Pros

    Irregular hours. It was shift work, and one was assigned to a specific shift. However, they were liniment in letting people exchange. Shifts were from 7am-3pm, 3pm-11pm and 11pm to 7am. For anyone who wasn't interested in 9-5, it was good. No traffic, and usually no matter what shift you were on you could attend services and businesses that opened 9-5pm. It was also easy to swap with another individual as opposed to requesting holiday.

    Cons

    Work environment was terrible. Felt as though was in primary school. Management was not friendly to staff. Work was tedious and there was constant pressure to meet unrealistic targets and even when targets were met, management were not always satisfied.

    Advice to Management

    Treat staff like people and not children.


  5. "accountant"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Bank of Ireland full-time

    Pros

    verry little comes to mind

    Cons

    Under the renegotiated package pre 2013 staff get more holidays per annum and more pay than post 2013 staff despite carrying out the same duties.Poor canteen


  6. "No support, Questions discouraged"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Marketing Executive in Dublin, Co. Dublin (Ireland)
    Former Employee - Junior Marketing Executive in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of Ireland (More than a year)

    Pros

    You're allowed to manage your own workload and given a good deal of autonomy.

    Cons

    No support from management and asking questions was discouraged in case it made you look stupid which led to stupid mistakes being made.

    Advice to Management

    Encourage junior staff to ask questions and ask for clarification. Also perhaps review their work sometimes to ensure they're performing correctly.


  7. "Bank of Ireland Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bank of Ireland Finance in Dublin, Co. Dublin (Ireland)
    Former Employee - Bank of Ireland Finance in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Bank of Ireland full-time (More than 5 years)

    Pros

    Good canteen
    Staff FX rates
    Bank pays for QFA's.
    9 to 5 working hours

    Cons

    Managers don't care about employees.
    Some team leads are lazy and look down on staff reporting to them.
    No appreciation at all for the work done.
    No opportunities to progress.

    Advice to Management

    If staff were treated the way they deserve , the employee turnover rate wouldn't be that high.

  8. "Treat staff badly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Retail Branch Associate in Dublin, Co. Dublin (Ireland)
    Former Employee - Retail Branch Associate in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of Ireland full-time (More than a year)

    Pros

    Some of the staff are lovely
    Discounts of FX and better rates on their own products

    Cons

    They don't treat their branch staff well at all
    Management look down at you
    Training is sublime
    Make you do the exams and pay for them yourself if under 2 years at the company
    Not as innovative as marketing would make you believe
    Staff at same levels get paid differing amounts despite doing less work than counterparts

    Advice to Management

    Treat your staff better or watch them walk like I did


  9. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Bank of Ireland full-time (More than 5 years)

    Pros

    9-5 for the most part

    Cons

    No progression, Bad management (try to bully you), no interest in employee needs, no incentive or any type of rewards for employees.
    BOI do not want people who have been with the company a long time, would rather recruit people on huge salaries for less work

    Advice to Management

    Better Recruitment of outside Managers and Review of Manager roles


  10. Helpful (2)

    "Bank Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Carlow (Ireland)
    Former Employee - Anonymous Employee in Carlow (Ireland)
    Doesn't Recommend

    I worked at Bank of Ireland (More than 5 years)

    Pros

    -Pay for Exams for QFA, etc.

    Cons

    - Short staff
    - Limited opportunities to progress
    - Stay away from branch banking
    - No support from top level

    Advice to Management

    Hands tied in branches. Zero support from top for all the short staff and changes. People in Dublin making changes to an environment they've never worked in.
    Great staff in branches but unfortunately are worked to very stressful times due to lack of support and staff. Branch management tied due to top management.


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