Bank of England Culture | Comparably
"The Bank of England has been the UK's central bank for over 300 years with a mission to promote the good of the people of the UK. The Bank has a range of responsibilities and powers. These include setting interest rates to keep prices table read more
EMPLOYEE
PARTICIPANTS
4
TOTAL
RATINGS
79

Bank of England Company Culture

Bank of England Culture

This score is derived from employee ratings & reviews
2.2/5
Bank of England's Overall Culture is rated F

Top Rated Culture Dimensions

Bank of England CEO

Top 10%Top 10% of Similar Size Companies
 Bank of England's CEO
78 /100

Diversity at Bank of England

Women at Bank of England

Bank of England eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Bottom 5%Bottom 5% of Similar Size Companies

Recommend to a Friend?

-100

Bank of England employees are -100% more likely to recommend Bank of England as a great place to work

0%Promoters
0%Passives
100%Detractors

Working at Bank of England

Working at Bank of England is rated below average by 4 employees, across various culture dimensions. Bank of England employees rate CEO Rating highest among all categories, and think that Work Culture and Perks And Benefits have the most room for improvement, putting Bank of England’s culture in the Bottom 5% compared to similar sized companies on Comparably and in the Bottom 5% compared to other companies in London, UK. See below in detail how working at Bank of England was rated by employees.

Overall Company Culture at Bank of England

F

Overall Company Culture at Bank of England is rated F

Last updated months ago

Bottom
5%

Bank of England ranks in the Bottom 5% of other companies on Comparably with 1,001-5,000 Employees for Overall Company Culture Score

Bank of England Employee Reviews

Out of 7 Bank of England employee reviews, 100% were constructive reviews with the goal of helping Bank of England improve their work culture.

0%
100%
Positive Reviews0%
Constructive Feedback100%

Constructive Feedback From Bank of England Employees

  • What's going wrong and how can it be improved?
    The whole HR pay and development system needs to be entirely revamped soon.
  • What's going wrong and how can it be improved?
    An incredibly unfair and inconsistent pay and promotion scheme destroys a huge number of people's morale.
  • What does the leadership team need to get better at?
    Implementing a fair, merit-based promotion and development system.

Bank of England Company Information

Bank of England Company Overview

"The Bank of England has been the UK's central bank for over 300 years with a mission to promote the good of the people of the UK. The Bank has a range of responsibilities and powers. These include setting interest rates to keep prices table

HeadquarterBartholomew Ln
London EC2R 8AH
United Kingdom
Websitewww.bankofengland.co.uk
Tel+44 2034614444
Social Sites

Bank of England Employees

Bank of England has 4675 employees. 4 employees at Bank of England have reviewed Bank of England across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.

Overall, the 4 Bank of England employees give their leadership a grade of F, or Bottom 5% of similar size companies. This includes specific ratings of their executive team, CEO, and manager.

Employees at Bank of England are mostly dissatisfied with their total compensation at Bank of England, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Bank of England are mostly dissatisfied with their team. 4 Participants grade the quality of their coworkers an F. Less than half believe the meetings at Bank of England are effective, and less half look forward to interacting with their coworkers.

The majority of employees at Bank of England believe the environment at Bank of England is negative. Most Participants believe the pace of work at Bank of England is bureaucratic. About 25% of the employees at Bank of England work 8 hours or less.

Overall, the employees at Bank of England are dissatisfied, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Bank of England - Employee Onboarding

The prevailing opinion from Comparably users about their company is that it was very prepared on their first day. Employees concluded that their overall onboarding experience was positive. 73% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Bank of England KPIs and OKRs

At this moment no Bank of England employees have provided insight into whether or not they clearly understand Bank of England's KPIs and OKRs.

AnswerPercent
Yes0%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Bank of England Salaries

How much does Bank of England pay?

How much do people at Bank of England get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Bank of England is $113,444, or $54 per hour, while the estimated median salary is $113,643, or $54 per hour.

At Bank of England, the highest paid job is a Corporate Counsel at $183,685 annually and the lowest is a Receptionist at $47,517 annually. Average Bank of England salaries by department include: Admin at $57,131, Communications at $80,887, Legal at $177,427, and Engineering at $129,296. Half of Bank of England salaries are above $113,643.

4 employees at Bank of England rank their Compensation in the Bottom 5% of similar sized companies (based on 14 ratings) while 4 employees at Bank of England rank their Perks And Benefits in the Bottom 5% of similar sized companies (based on 4 ratings).

Last updated months ago.

1st Percentile
$69k
$69k1st Percentile
17th Percentile
$90k
$90k17th Percentile
33rd Percentile
$113k
$113k33rd Percentile
50th Percentile
$158k
$158k50th Percentile
67th Percentile
$222k
$222k67th Percentile
83rd Percentile
$238k
$238k83rd Percentile
100th Percentile
$280k
$280k100th Percentile
$113,444*
Average Compensation
$113,643*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Bank of England Salaries by Department

Explore Bank of England Salaries

Diversity & Inclusion at Bank of England

The Diversity score provides insights into how diverse employees feel and rate their work experience at Bank of England across various culture dimensions.

Ranked Culture the Highest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Bank of England Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Health Insurance

Bank of England PTO

Bank of England PTO policy is a critical component of the benefits package offered to employees.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Bank of England Careers

Bank of England Jobs

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Frequently Asked Questions regarding Bank of England

What is Bank of England address?

Bank of England location is at Bartholomew Ln

What is Bank of England eNPS?

The eNPS for Bank of England is -100

What is the salary for Senior Developer in Bank of England?

Senior Developer average salary in the US is 140k

What are the salaries in the Engineering in Bank of England?

The average salaries for Engineering in Bank of England is 129k

How many employees work in Bank of England?

Bank of England has 4675 employees

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