Bank of the Philippine Islands Reviews | Glassdoor

Bank of the Philippine Islands Reviews

Updated March 4, 2017
64 reviews

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Full-time Part-time

3.6
Star Star Star Star Star
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Aurelio Montinola III
35 Ratings

64 Employee Reviews

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Pros
  • Very good benefits and great colleagues (in 6 reviews)

  • Benefits, Career Growth, Working Environment (in 3 reviews)

Cons
  • Relatively slow promotion time, because a lot of value is attributed to seniority (in 5 reviews)

  • very low salary and basic benefit package, no HMO (in 4 reviews)

More Pros and Cons

  1. "I want to get out of here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    16th months pay, talented bosses. Job security. So sorry, cannot think of more pros to reach the 20 word minimum.

    Cons

    Key Result Areas, where your performance rating is based, does not accurately measure your performance. Tenure has no value. Prefers millenials. BPI does not appreciate long-tenured employees, after equipping them with skills and knowledge.

    Advice to Management

    Change your rating system. I will look for another employer that can appreciate my skills, skills that you had provided me at much cost.


  2. "Its just the name which is big"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Manila, Manila (Philippines)
    Former Employee - Analyst in Manila, Manila (Philippines)
    Doesn't Recommend
    No opinion of CEO

    Pros

    You will acquire new skills and knowledge. People in the IS Division are mostly fresh graduates. Expect a young crowd. Managers and Supervisors are very approachable and down to earth.

    Cons

    You work on your own. They don't give much attention to new employees. Sources of information are weak. The company is also very conservative. No fashionable clothes or they will send you a memo. Even their computers are 10years old! Except for managers, they have LCD screens.

    Advice to Management

    Invest on updated pcs and machines. Give trainings and recognize those people who work hard and gets the job done (specially with minimal supervision)


  3. "stagnating"

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

    Pros

    stability, 4 bonuses in a year.

    Cons

    BPI doesn't reward loyalty. Previous employees who left BPI to go to another bank are being hired back at a higher position. I find this totally unfair and demoralizing to the troops. Honestly! It makes me feel like I would be better off transferring to another bank.
    Salary is really lower than what the other banks are offering.

    Advice to Management

    Please don't hire back those who turned their backs on you. Promote from the inside.


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  5. Helpful (1)

    "Overall experience was enriching"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Makati, Rizal (Philippines)
    Former Employee - Anonymous Employee in Makati, Rizal (Philippines)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of the Philippine Islands full-time (Less than a year)

    Pros

    - Well established company
    - Good experience especially for fresh graduates
    - Work life balance

    Cons

    - very low salary and basic benefit package, no HMO
    - little career growth especially for staff level


  6. "BPI"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Associate in Makati City (Philippines)
    Former Employee - Customer Service Associate in Makati City (Philippines)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    BPI offers different trainings and seminars to improve on respective fields

    Cons

    Low Salary, No Performance evaluation for Rank and File, Slow Career Growth. Profitability of the company is only enjoyed by Stakeholders.

    Advice to Management

    People is the best resource a company could have.


  7. "No"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    With bonuses and leave credits

    Cons

    HR not approchable and bossy managers

    Advice to Management

    Fix how your communicate with rank so that someday you will be number 1 bank


  8. "Easy to get in, hard to get out."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Ayala (Costa Rica)
    Former Employee - Anonymous Employee in Ayala (Costa Rica)

    Pros

    1. Very nice and decent colleagues
    2. Very nice workplace
    3. Good benefits

    Cons

    1. Low basic salary
    2. Unprofessional personnel in quitclaim division, phone always busy, or ringing only. Don't expect a hassle-free resignation.
    3.

    Advice to Management

    Re-hire new competent personnel who has a Six Sigma training to cut-off back logs and improve customer and resigned personnel experience.


  9. "teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Manila, AR
    Former Employee - Teller in Manila, AR
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    good experience really really ok

    Cons

    low salary not so good really


  10. "Stable company with good benefits, but lower base salary and slow promotion system"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager in Makati, Rizal (Philippines)
    Former Employee - Assistant Manager in Makati, Rizal (Philippines)
    Recommends
    No opinion of CEO

    Pros

    Great benefits, such as unlimited healthcare, car plan, housing plan, steady bonuses, etc.
    Also good location in the center of the Philippines' main financial district
    Good opportunities to experience the full range of banking

    Cons

    Very slow promotion system - takes an average of 3-5 years to be promoted
    Lower base salary compared with the industry
    Not a lot of young people - young people tend to spend 3-5 years then move on

    Advice to Management

    Hire more young people. Make the promotion system faster and provide more benefits that younger employees would appreciate - such as higher base salaries, more opportunity for movement (remove 12 month residency), and remove officership training program bond


  11. "Career management"

    Star Star Star Star Star
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bank of the Philippine Islands full-time (More than 10 years)

    Pros

    Career advancement and safe retirement benefits

    Cons

    Process in the implementation of merit increases because of the bell curve

    Advice to Management

    Suggest different rating for purposes of promoting officers to avoid dissatisfaction and demoralization



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