Bank of England Employee Reviews about "work life balance"

Updated 16 Jan 2021

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Found 79 of over 357 reviews

3.9
85%
Recommend to a Friend
88%
Approve of CEO
Bank of England Governor Mark Carney
Mark Carney
151 Ratings
Pros
  • "Good work life balance for employees(in 76 reviews)

  • "flexible working hours and specific tasks(in 35 reviews)

  • Cons
  • "Slow career progression/strict HR policies(in 15 reviews)

  • "Less well paid than private sector, still slightly hierarchical(in 13 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Reviews about "work life balance"

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    1. 5.0
      Current Employee, more than 3 years

      Great employer

      13 Jan 2021 - Economist in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Intelligent colleagues, good work life balance, excellent development opportunities

      Cons

      Hierarchical structure, slow decision making processes

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    2. 4.0
      Current Employee, more than 1 year

      Great place to start a career

      9 Jan 2021 - Operations Team Member 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      + Good work/life balance + Good pension + Varied range of work

      Cons

      - Lower salaries - Sometimes required to do tasks that don’t fit your role - Slow change process (jumping through hoops)

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    3. 4.0
      Current Employee

      Supervision Analyst

      16 Jan 2021 - Supervision Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Interesting work -Good work-life balance -Nice people

      Cons

      -Peak season is very busy -work could be repetitive

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    4. 4.0
      Former Employee, more than 3 years

      A

      13 Jan 2021 - Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Working to impact the economy of the UK

      Cons

      Not a great work-life balance

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    5. 4.0
      Current Employee, more than 3 years

      Good Balance

      7 Jan 2021 - Senior Policy Analyst in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good work life balance for employees

      Cons

      The pay is not as competitive as private sector

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    6. 4.0
      Current Employee

      National Institution Doing It's All to Move With The Times

      28 Nov 2020 - Project Manager in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work/life balance; culture; ways of working; benefits; workspace.

      Cons

      End User Technology, governance, lack of diversity at the top

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    7. 3.0
      Current Employee, less than 1 year

      Great flexibility and work life balance

      5 Mar 2020 - Project Manager in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great work life balance work 35 hours a week, make your own hours you can do 8-4pm, 9-5pm, 10-6pm etc, great if you have kids! Most of the floor is empty by 5pm. Flexi time, if you work more than 35 hours a week you get time off in leiu 25days annual leave, allowed to take a block of 3 weeks holiday if needed e.g in summer, again great if you have kids Good opportunity to move around in different areas, secondments etc Some areas are very current and interesting e.g. policy Beautiful building like a museum Supportive of training

      Cons

      Pay and bonus isn’t great could be better Pace is slow Can be hard to find motivated people (lots of people want to do minimum work and refuse to work after 5pm) Most people tend to be older in age or with kids (due to flexibility) Massive governance and rules around your own personal investments- need to disclose if you have parents or siblings working in a bank regulated firm, need to get approval from them before getting a mortgage, get approval for buying stocks and shares might not generally be allowed, get approval for moving money around in accounts larger than £85k and they don’t approve of you having a company, or using a company to invest in property etc. Don’t work here if you want to make money with investments. Technology is dated, several systems which should have been scrapped and replaced years ago.

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      4 people found this review helpful
    8. 4.0
      Current Employee

      Great work life balance

      14 Sep 2020 - Actuary in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Really good work life balance with flexitime and working from home being the norm. Good range of work to get involved with and everyone is very friendly and approachable

      Cons

      It can sometimes be hard to feel like you are contributing that much as a junior member given the number of people in the organisation and hierarchical nature of the company. Pay lower than industry

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    9. 4.0
      Former Employee

      Industrial Placement

      18 Nov 2020 - Research Assistant 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great work-life balance and friendly people.

      Cons

      A bit too slow-paced in certain teams.

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    10. 4.0
      Former Employee, more than 1 year

      Good work life balance

      3 Nov 2020 - Supervisor in London, England, England
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good work life balance and supportive learning culture

      Cons

      Low pay, could be better

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