Bank of England Reviews

Updated 8 May 2021

To filter reviews, or .
3.9
84%
Recommend to a Friend
87%
Approve of CEO
Bank of England Governor Mark Carney
Mark Carney
126 Ratings
Pros
Cons
More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Helpful (1)

    "Great D&I"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Business Analyst in London, England, England

    I have been working at Bank of England full-time for more than a year

    Pros

    Great culture and really focussed on D&I

    Cons

    As expected very process driven

  2. Helpful (1)

    "Good place to work as a graduate"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in London, England, England

    I have been working at Bank of England full-time for more than 3 years

    Pros

    Good work life balance, funded learning opportunities, good place to learn and move around between different types of jobs

    Cons

    Not the best pay, can be hierarchical


  3. Helpful (1)

    "Excellent work life"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Graduate Technical Analyst in London, England, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Bank of England full-time for less than a year

    Pros

    Very good work life balance - great hours, Great benefits, Probably the one of the most inclusive and supportive work environments around, Lots of opportunities for development year round,

    Cons

    Processes can be very slow

  4. COVID-19

    "Very flexible"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England full-time for more than 3 years

    Pros

    Managed flexible working during the pandemic very well Great efforts in diversity and inclusion

    Cons

    Still lots of the old school values implicit in longer standing employees

  5. "Good, not great"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in London, England, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at Bank of England full-time for more than a year

    Pros

    Work with interesting people and get great insight into policy space in UK financial sector.

    Cons

    Place is a bit of an insider's club and lacks meritocracy or any real dynamism.

    Continue reading
  6. Helpful (1)

    "Amazing perks, important work, wonderful colleagues"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in London, England, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England full-time for more than 8 years

    Pros

    Some of the nicest colleagues you’ll work with. Engaging, impactful work that’s always in the headlines. Amazing benefits package and UK leading pension.

    Cons

    Somewhat hierarchical. Progression isn’t as transparent as could be.

  7. Helpful (1)

    "Great workplace"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Policy Analyst in London, England, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England full-time

    Pros

    You're surrounded by incredibly smart people doing fascinating work. Pay is very good for the public sector, but modest compared to comparable jobs in financial services. Supportive and collegiate culture. It's a secure job for life.

    Cons

    Penny-pinching has led to hot-desking and cheap (but very secure) IT systems so you may spend a lot of time restarting your computer.

  8. Helpful (1)

    "Great work life balance"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Development Engineer In Test (SDET) in London, England, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Bank of England full-time

    Pros

    You have a great work life balance, even when working from home. Even though the bank is "the old lady", it is moving with the times with it's policies and mentality.

    Cons

    Central London is expensive, so making you wage cover the cost of living would be tricky alone.

  9. "Great place to start off career"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Research Assistant in London, England, England

    I have been working at Bank of England full-time for less than a year

    Pros

    -Learning from many other experienced people -Can get involved if you are interested -Supportive and collaborative environment

    Cons

    -Slow-paced sometimes -Can often feel bored in the beginning (partially due to WFH)

  10. Helpful (1)

    "Great to settle in"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Communications in London, England, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England full-time for more than 3 years

    Pros

    Solid institution, good benefits, great location, excellent work-life balance

    Cons

    There are very few career opportunities. Not ideal for ambitious people

Viewing 1 - 10 of 291 Reviews

Popular Careers with Bank of England Job Seekers

Intern
Learn About the Job
JobsSalariesInterviews
Industrial Placement Student
Learn About the Job

Work at Bank of England? Share Your Experiences

Bank of England logo
or