Butterfield Bank Reviews | Glassdoor

Butterfield Bank Reviews

Updated February 22, 2017
9 reviews

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3.1
Star Star Star Star Star
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Bradford B. (Brad) Kopp
2 Ratings

Employee Reviews

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  1. "On a downward spiral"

    Star Star Star Star Star
    • 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 Butterfield Bank full-time

    Pros

    good work life balance, completive compensation, benefits and vacation. Jurisdictions, and solid market share and client base.

    Cons

    Butterfield is in a downward spiral and seems to have lost vision and focus of the future. What was once a great growing regional bank has morphed into a company grasping to survive the tail end of the recent financial crisis. Employee moral continues to plummet as they continue to cut costs primarily through lay-offs and forced attrition.

    Advice to Management

    Get a clue!


  2. "Work/Life balance is great...shame the compensation and benefits are so poor."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hamilton (Bermuda)
    Current Employee - Anonymous Employee in Hamilton (Bermuda)
    Doesn't Recommend
    Neutral Outlook

    I have been working at Butterfield Bank full-time

    Pros

    Work/life balance is very good, not one employee works past 6pm with the vast majority leaving at 5pm every single day.

    Cons

    Very poor compensation package, lack of promotional opportunities. Bermudian heavy employer with very little ex-pat employees.

    Advice to Management

    Increase compensation and align benefits with the other employers in Bermuda. No base salary increases in a decade means in real terms employees are -25% cheaper.


  3. "Marketing and Communications Challenge"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Butterfield Bank full-time

    Pros

    Great tight-knit team
    Lot's of open dialog

    Cons

    Difficulty getting buy-in from senior management for campaign ideas


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  5. "Don't make waves at the big bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Support Analyst
    Former Employee - Support Analyst
    Recommends
    No opinion of CEO

    Pros

    Very well respected in the community and good stepping stone. I loved the social and community involvement they offered and it was great networking with people in other departments. I did get a thrill seeing them again and again in the local media and being part of the group.

    Cons

    Some mgt almost seemed threatened if you showed competence or an ability to get things done faster and better. My grievance was with specific people who had authority over me and things had to be their way or the highway. I did get some smug satisfaction seeing them put out a few months later, but I'm too proud to go back for now.

    Advice to Management

    More understanding and openess to Gen Y and reviewing some processes to streamline them instead of holding onto redundant and unnecessary steps.


  6. "Chaotic"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager
    Current Employee - Project Manager

    Pros

    Good money, plenty of smart people

    Cons

    Chaos is pervasive within IT

    Advice to Management

    Let people get on with their jobs


  7. "Progressive and diverse competencies were acquired."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Officer
    Former Employee - IT Officer
    Recommends
    No opinion of CEO

    Pros

    Highly technical environment that presents many opportunities to learn. Can serve as an excellent open university for a recent graduate and provide a solid base.

    Cons

    Rigit and inflexible policies. The organization objectives is always paramount and not enough consideration is given to human resource issues.

    Advice to Management

    People are the greatest resource the Bank can have and if more attention is given to people issues then it will augur well for the Bank


  8. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Manager
    Former Employee - Assistant Manager
    Recommends
    Disapproves of CEO

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

    Pros

    Great opportunities for career progression if you willing to fight for them. Good people at all levels and on the most part a great place to work

    Cons

    Some issues with communcation from senior managment. There seems to be a bit of a disconnect between them and the staff. Also, constant changes of direction make long term planning difficult

    Advice to Management

    Communcate better. Involve staff in the business.


  9. "A great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Butterfield Bank full-time

    Pros

    Executive management that listens and responds. Not always appreciated by all staff, but thoughtful in decision making.

    Cons

    There aren't any cons to list.

    Advice to Management

    Continue to listen to your employees, customers and shareholders. Continue to improve communication, transparency and our ability to remain competitive.


  10. "Student Employment Programme"

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

    Pros

    - Good pay
    - Activities with other interns such as charity work, group business proposal, and fun day
    - Good exposure to the banking industry
    - Only CV needed for application
    - Flexibility in working dates and allowed to take vacation during summer internship

    Cons

    - Level of responsibility given depends on department and line manager
    - Can get placed anywhere within the business
    - No paid sick days

    Advice to Management

    Having an aspect of the application process eg. situational judgement test where you get to know the student, their strengths, and their interests more may enable more suitable placement