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Bank of Ireland
2.9 of 5 17 reviews
www.bankofireland.com Dublin, Ireland 5000+ Employees
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Bank of Ireland Reviews

Updated May 08, 2013

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2.9 17 reviews

                             

57% Approve of the CEO

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

Richie Boucher

(7 ratings)

44% of employees recommend this company to a friend
17 employee reviews
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Former Employee – worked at Bank of Ireland

ProsSatisfactory Benifits and good workforce

ConsToo much politics in the workplace

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Dublin, Dublin (Ireland)

Former Employee – worked at Bank of Ireland full-time for more than 3 years

ProsSome good people, well known brand in Ireland, good size so there's scope to get experience in many areas

ConsBad management, little support of professional development, managers now knowing what they want, how they want to get there, but are sure it's their teams fault.

Advice to Senior Managementtrain and support you staff, pay attention to your own goals, mission statement and values

No, I would not recommend this company to a friend

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Dublin, Dublin (Ireland)

Former Employee – worked at Bank of Ireland full-time for more than 3 years

ProsMotivated workforce, collaborative environment, flat hierarchies

Consslow decision making; high on politics; senior management lacks courage to make decisions, likes to run the shop 'cloak and dagger style'; aged, very complex and risky technology mix

Advice to Senior ManagementSimplify your products, take out complexity, streamline your operation, realise you are a small bank, and root out the arrogance sometimes displayed towards shareholders and customers.

No, I would not recommend this company to a friend

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Current Employee – been working at Bank of Ireland full-time for more than 7 years

ProsThe hours
The people - the team are wonderful

ConsNo career progression. If you are in any way ambitious, this is not the place for you

Yes, I would recommend this company to a friend

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Dublin, Dublin (Ireland)

Current Employee – been working at Bank of Ireland as a contractor for less than a year

ProsGood scope of work.
Better learning environment.

ConsWork culture is very wired.
So many managers with less or no output giving huge overhead.
Many vendors and chaos work environment.
Needs effective leadership.

Advice to Senior ManagementKeep eye on quality output of your employees rather than going through words and statements.
If there is cost overhead then you being leader is responsible rather than your employees since you could not able to identify the gap at right moment as well the right resource and show him/her the right track.

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Dublin, Dublin (Ireland)

Former Employee – worked at Bank of Ireland full-time for more than 3 years

ProsStandard working hours,
Subsidised canteen,
Great co-workers,
The company does care about you,
Excellent money for my department (but we were a special case)

ConsWith such media focus on all banks cost cuts are inevitable. This is the only reason you will run into difficulty with management.
Some managers are promoted based on length of service who clearly shouldn't be in the role. This is by no means always the case. There is some serious talent within the company.
There were very few career growth opportunities. My core reason for leaving.

Advice to Senior ManagementTry to engage in staff more personally for example, wen at team update meetings don't just read an update sheet to me. I can do that. Otherwise i'd consider all my management team highly professional and caring.

Yes, I would recommend this company to a friend

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Stamford, CT (US)

Current Employee – been working at Bank of Ireland

ProsGreat benefits, friendly people - really do try to make sure that you understand what you are doing and help you along the way.

ConsManagement in Ireland not great in communicating the truth to their employees. Mislead in where the company is going and their compensation to their employees.

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Dublin, Dublin (Ireland)

Former Employee – worked at Bank of Ireland

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

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

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Current Employee – been working at Bank of Ireland

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

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

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Current Employee – been working at Bank of Ireland

ProsGood 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).

ConsThe 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 Senior ManagementThink 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).

No, I would not recommend this company to a friend

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