Bank of England Reviews
Updated 30 Jul 2020
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Recommend to a Friend
Approve of CEO
Mark Carney
97 Ratings
Pros
"Work/life balance is taken seriously" (in 63 reviews)
"Good work environment, colleagues are nice, allows flexible working" (in 31 reviews)
Cons
"Very slow career progression when joining through the grad scheme" (in 13 reviews)
"Low pay relative to rest of the City" (in 10 reviews)
"Excellent company"
I worked at Bank of England full-time
Pros
Great benefits and great management
Cons
Nothing great company to work for
"Nice place to work"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookI have been working at Bank of England full-time
Pros
You will get to serve the nation within your passion and limits and strengthen the nation with your mind.
Cons
The salary is not to the date what it should have to be
- Helpful (1)
"Good environment to work"
RecommendsPositive OutlookApproves of CEOI have been working at Bank of England full-time for more than 3 years
Pros
Good pension and good place for a starting job
Cons
Average pay and conservative environment
- Helpful (1)
"Professional style, but conservative. Don't think you can be too innovative."
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsNeutral OutlookApproves of CEOI have been working at Bank of England full-time
Pros
Great analytics and comfortable working environment.
Cons
Don't think that you can raise uncomfortable or difficult issues: this is an organisation which doesn't appreciate internal challenge.
Continue reading "Hierarchical"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
Approves of CEOI worked at Bank of England full-time
Pros
Solid reputation, good place to build research/analytical skills
Cons
Very Hierarchical, hard to progress without a master's
"Financial Market Infrastructure Analyst"
I have been working at Bank of England full-time
Pros
The work-life balance is fantastic
Cons
There is a lack of empowerment to progress at the Bank
"Intelligent people"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Bank of England full-time
Pros
Good discussion, high quality of publication and robust debates on Issues
Cons
Too much layers of governance to follow - may affect efficiency of work
- Helpful (2)
"Don’t work here"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
Doesn't RecommendNegative OutlookI worked at Bank of England full-time for more than 5 years
Pros
Interesting work sometimes, some great people (but they are in a minority)
Cons
Extremely toxic culture; bullying is prevalent; lots of good people have left as there is no meritocracy; pays lip service to diversity but doesn’t really care about nurturing minority staff- except for in a tokenist way. If you want to work here and make a career, expect to brown nose a lot. Disagreement is not tolerated.
Continue reading - Helpful (1)
"Lack of drive and ambition"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
I worked at Bank of England full-time for less than a year
Pros
Great way to make connections in the financial world
Cons
Low progression Lack of work trust No drive
Continue reading "Great colleagues and culture. Few progression opportunites"
- Work/Life Balance★★★★★
- Culture & Values★★★★★
- Career Opportunities★★★★★
- Compensation and Benefits★★★★★
- Senior Management★★★★★
RecommendsPositive OutlookApproves of CEOI have been working at Bank of England full-time for more than 5 years
Pros
Top tier benefits package, flexible working, positively impactful work and friendly colleagues.
Cons
Structure restricts progression and frustration is spreading due to lack of defined career paths or opportunities. Management can be very bias.
Continue reading
Join the Bank of England team
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