Bank of the Philippine Islands - Stable company with good benefits, but lower base salary and slow promotion system | Glassdoor
There are newer employer reviews for Bank of the Philippine Islands
There are newer employer reviews for Bank of the Philippine Islands

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

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  • 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

Other Employee Reviews for Bank of the Philippine Islands

  1. "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)


  2. "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

There are newer employer reviews for Bank of the Philippine Islands
There are newer employer reviews for Bank of the Philippine Islands

See Most Recent

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