Very old fashioned - Anonymous employee FCE Bank Employee Review

Everyone has been in their job 20+ years it seems, and they will probably retire there, so there is no real sense of motivation or desire to change and improve things. New ideas or constructive criticism of old processes is sometimes acknowledged but always ignored by management. Given the fast pace at which the industry is changing, it makes me wonder if the company has what it takes to survive. In addition, because everyone knows one another from working together for such a long time, there is a lot of gossip and animosity, which creates a very unpleasant working environment. The company culture is also very hierarchical, everything revolves around management levels and salary grades, so it's really difficult to get exposure to senior management or make a difference in your role.