Bank of Ireland Reviews | Glassdoor

Bank of Ireland Reviews

Updated August 15, 2017
193 reviews

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3.2
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Bank of Ireland Group Chief Executive and Director; Chief Executive, Retail Financial Services Ireland (RFSI) Richie Boucher
Richie Boucher
105 Ratings

193 Employee Reviews

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Pros
Cons
  • Limited Career Progression in some areas/ roles (in 9 reviews)

  • Sadly, hard work doesn't come into the equation (in 7 reviews)

More Pros and Cons

  1. "A good place to work, but could improve conditions"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Dublin, Co. Dublin (Ireland)
    Current Employee - Manager in Dublin, Co. Dublin (Ireland)
    Approves of CEO

    Pros

    A large company with opportunities to move between divisions

    Cons

    The technology used is very poor & old age practices that can frustrate people.

    Advice to Management

    To be more visible day to day.


  2. "Good place to work, but we can be a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager.
    Current Employee - Manager.
    Recommends
    Approves of CEO

    Pros

    Good culture.Good employers but we can get better

    Cons

    Performance Salary & benefits behind the market in some roles. Incentivise performance

    Advice to Management

    Work on speed of decisions & improve communication

  3. "See the longterm, rather than shortterm"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Dublin, Co. Dublin (Ireland)
    Former Employee - Manager in Dublin, Co. Dublin (Ireland)
    No opinion of CEO

    Pros

    A reasonable employer, with reasonable compensation.

    Cons

    When immediate superior is only interested in their own progress, and has little interest in improving the lot of the people who work for them.

    Advice to Management

    Think of the long term, and not the short term apparent benefits.


  4. Helpful (2)

    "Proceed with caution"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Stamford, CT
    Current Employee - Director in Stamford, CT
    No opinion of CEO

    Pros

    Comprehensive Benefits and less prone to lay-offs; Work life balance respected;

    Cons

    No bonuses awarded, nationalization risk and downward pressure on compensation beyond that seen at competitors;

    Advice to Management

    Communication with employees has been poor.


  5. "Not happy with experience at Bank of Ireland."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager
    Current Employee - Operations Manager
    Doesn't Recommend
    Approves of CEO

    Pros

    Very Casual Environment. Easy to communicate on a personal level with management.

    Cons

    Lack of Strategic vision of management that limits future growth of busines. Due to this lack of vision, I feel that the company long term success has been greatly compromised and therefore the future growth of the employees (raises, training, learning, etc.) has been reduced much lower than it should have been.

    Advice to Management

    Work towards recognizing opportunities and taking calculated risks for greater rewards


  6. Helpful (2)

    "Blech"

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

    Pros

    Good pay, reasonable time off.

    Cons

    Senior management is a joke and unless you are a favorite, you do not get promoted. All hiring is based on who likes who best, not about competencies.

    Advice to Management

    Take a good hard look at HR practices!


  7. "Good, but not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England (UK)
    Current Employee - Associate in London, England (UK)
    Recommends
    Disapproves of CEO

    Pros

    Great, friendly staff who are a pleasure to work with and who appreciate the importance of a good work/life balance

    Cons

    Compensation and benefits are not to the standard that is available elsewhere.

    Advice to Management

    Different sectors of the bank should be treated differently dependent upon performance

  8. "Unless the price is right, look for another bank."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager
    Current Employee - Relationship Manager
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good workers, great team environments, and hungry individuals. Good Benefits and 401k package. A lot of face time with upper management, able to voice opinion (however usually falls through the cracks).

    Cons

    The division I work for used to be very nimble, think on the fly, and have an entrepreneurial mindset. However over the last 2 years the company has literally been on hold with any strategic thinking. This organization may be a positive one in the future when it pulls its head out of the sand, however currently I would not recommend this organization to anyone unless the price was extremely right.

    Advice to Management

    Think proactively not re actively. Think about innovation to stay ahead of the curve rather than following the pack. Global expansion is key to diversification.....BOI does not think this way. Make calculated risks for future rewards (currently extreme minimum risks are taken which equals minimal gains to lower level employees).


  9. "very good"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager
    Current Employee - Manager
    Approves of CEO

    Pros

    at bank of ireland every one works for each other, every one gets on well because we will strive to achieve the same goal

    Cons

    during my first year in the job i had to work very long hours, maybe even 12 hours a day 7 days a week


  10. "ok- not bad - not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    Former Employee - Anonymous Employee in Dublin, Co. Dublin (Ireland)
    No opinion of CEO

    Pros

    I liked the 35 hour work week. Almost no overtime. Good atmosphere. Nice people. It is possible to maintain a work - life balance.

    Cons

    not to challenging. training only for starters nothing after that. salary not great. poor benefits. structure of company not great.


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