Bank of England Reviews

Updated 30 Jul 2020

To filter reviews, or .
3.5
71%
Recommend to a Friend
87%
Approve of CEO
Bank of England Governor Mark Carney
Mark Carney
97 Ratings
Pros
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)

More Pros and Cons
  1. "Excellent company"

    5.0
    Former Employee - Director in Birmingham, England

    I worked at Bank of England full-time

    Pros

    Great benefits and great management

    Cons

    Nothing great company to work for

  2. "Nice place to work"

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

    I 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


  3. Helpful (1)

    "Good environment to work"

    4.0
    Current Employee - Economist in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I 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

  4. Helpful (1)

    "Professional style, but conservative. Don't think you can be too innovative."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Technical Specialist in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I 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
  5. "Hierarchical"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Economic Analyst 
    Approves of CEO

    I 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

  6. "Financial Market Infrastructure Analyst"

    3.0
    Current Employee - Analyst in London, England

    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

  7. "Intelligent people"

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

    I 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

  8. Helpful (2)

    "Don’t work here"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Supervisor 
    Doesn't Recommend
    Negative Outlook

    I 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
  9. Helpful (1)

    "Lack of drive and ambition"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Data Assistant in London, England

    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
  10. "Great colleagues and culture. Few progression opportunites"

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

    I 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
Found 201 reviews