Bank of England Reviews
Updated 11 Feb 2020
Recommend to a Friend
Approve of CEO
Mark Carney
90 Ratings
Pros
"Work life balance and responsibility" (in 59 reviews)
"Flexible working - Work life Balance" (in 28 reviews)
Cons
"Because it's such a great company to work for, it is very difficult for career progression - nobody wants to leave" (in 13 reviews)
"Low pay relative to rest of the City" (in 10 reviews)
"Interesting and challenging work"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI worked at Bank of England full-time for more than 5 years
Pros
Structured career paths, very intelligent colleagues, meaningful mission, friendly and tight knit culture, and interesting and challenging work that has a real impact on UK public policy.
Cons
Hierarchical and leadership is still very male dominated, though the Bank is taking steps to address this.
Bank of England2019-12-01"Bank of England filler filler"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNegative OutlookApproves of CEOI have been working at Bank of England full-time for more than 8 years
Pros
Pension, holidays, flexibility, training opportunities and job security
Cons
Bureaucracy, Politics, Wage, Performance review process and rigid processes
Bank of England2020-02-04"Good employer"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Approves of CEOI have been working at Bank of England full-time for more than 10 years
Pros
Flexible working; staff networks; good canteen; career development opportunities
Cons
Poor remuneration package; Hierarchical structure
Bank of England2020-02-03"Low Pay and poor progression if not from a high social standing"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Doesn't RecommendNeutral OutlookDisapproves of CEOI have been working at Bank of England full-time for more than 10 years
Pros
Flexible working excellent. Low requirements to join entry level roles.
Cons
Low pay (currently being paid around 50% of market rate), if you are not upper class you will not progress past scale F, additional work pushed on team members with no reward
Continue readingBank of England2020-02-11"Friendly and interesting place to work"
StarStarStarStarStarI worked at Bank of England full-time
Pros
Interesting work with some extremely intelligent colleagues
Cons
Bureaucratic management process, which often stops creativity
Bank of England2020-02-08"Ups and downs"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
Approves of CEOI have been working at Bank of England full-time
Pros
Great benefits Usually a good work life balance Opportunities to move around
Cons
Poor progression flexibility Process driven Some management aren’t appropriate levels
Bank of England2020-01-29"Good place to work"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
I worked at Bank of England full-time for more than 3 years
Pros
Good work environment, colleagues are nice, allows flexible working.
Cons
The pay is low compared to the industry
Bank of England2020-01-09"Great place for flexible working"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
I have been working at Bank of England full-time for more than 3 years
Pros
Great to have a family, understanding managers for flexible working. Good work environment
Cons
Bureaucracy, not easy to progress in career...
Bank of England2020-01-20"Good employer"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Compensation and Benefits
- Senior Management
RecommendsI worked at Bank of England part-time for more than a year
Pros
Stable and secure working environment with great people
Cons
Can be slow to accept need to change processes
Bank of England2019-12-16"Okay"
StarStarStarStarStarDoesn't RecommendNeutral OutlookNo Opinion of CEOI have been working at Bank of England full-time
Pros
Interesting job role within the sector
Cons
Takes years to progress in the company
Bank of England2019-12-19
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Found 186 reviews