Bank of Hope Employee Reviews | Comparably
Bank of Hope Claimed Company
Headquartered in Los Angeles, Bank of Hope has been providing financial services to the largest Korean American community in the country for 40 years and is today one of the leading Asian American banks in the United States. Bank of Hope serves a multi-ethnic population of customers through 53 full-service branches across nine states and 13 Loan Production Offices adding presence in three additional states. With $20.57 billion in assets, the strength of the Bank lies in our experienced management team, focus on sound risk management and governance practices, and commitment to the communities that we serve. read more
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EMPLOYEE
PARTICIPANTS
184
TOTAL
RATINGS
5333

Bank of Hope Employee Reviews

Out of 935 Bank of Hope employee reviews, 85% were positive. The remaining 15% were constructive reviews with the goal of helping Bank of Hope improve their work culture. The HR team, with 100% positive reviews, reports the best experience at Bank of Hope compared to all other departments at the company. The Customer Support team offered the most constructive feedback, with 31% of that department's reviews constructive in nature.

What do you like best about the leadership team?

Leadership Reviews

Ensuring that the managers of each department take good care of their employees.

Review from Admin Dept

willing to share information from top down

Review from Operations Dept

I appreciate their transparency and candor.

Review from IT Dept

They seem to be always structuring initiatives to expand the business, they approve and support our initiatives to strengthen our IT Infrastructure and security posture and care about providing us employees with great benefits and occasional gifts and some perks that we all appreciate.

Review from IT Dept

Team players. Committed to getting the job done with efficiency and integrity.

Review from Operations Dept

What does the leadership team need to get better at?

Leadership Reviews

open and clear communication, regular town hall meetings which helps me to understand the department goals and what is anticipated in near future.

Review from IT Dept

They especially the leaders at branches need to be educated to hire/retain/promote bilinguals for the growth of the company. It is pathetic to see BM, OM, AO trying to avoid non Korean customers as they are not able to communicate and capable of understanding their needs.

Review from Operations Dept

set a clear direction and need to provide adequate training and system that simple and easy to process and adjust existing employees' payroll that do not meet today's standards

Review from Customer Support Dept

Transform corporate leadership by prioritizing authentic communication, clarifying goals for all and fostering an inclusive culture. Empower employees, shift from a subservient atmosphere and ensure a diverse leadership mix that promotes confidence, connectivity and humility.

Review from Admin Dept

It seems that they are only making demands rather than taking care of their employees. There is also a lack of compensation for employees who do a good job.

Review from Operations Dept

What is the best part about your compensation package?

Compensation Reviews

I like insurance and 401K.

Review from Admin Dept

The pay, benefits, insurance coverage and bonuses.

Review from IT Dept

How it is structured, providing fair wages for the times we are living, giving employees a portion of the bonus at the end of the year (helps a lot), above average medical and insurance coverages packages that would cover us during extreme life events, not raising the cost of benefits to employees

Review from IT Dept

Health benefits here are excellent.

Review from Operations Dept

My share for health care benefits is low.

Review from Finance Dept

Why do you feel undervalued and what would make you feel better about your compensation?

Compensation Reviews

i can make $20/hr flipping a burger at mcdonalds yet i make $17.50 handling millions of dollars in transactions . . .

Review from Operations Dept

I feel that my hourly wage is unfair. The inflation has gone up dramatically but my salary stays the same. The CEO makes so much money annually while everyone else get laid off or doesn't. People who haven't been laid off have to take the workload with no change in pay but more work.Extremely unfair

Review from Customer Support Dept

The percentage of deferred bonus is high and the vesting period for businesses is conservative and, when someone retires, they should not have to forfeit unpaid but earned bonuses.

Review from Business Development Dept

Compensation at the bank is not competitive.

Review from Finance Dept

High compensation or better benefits or perks.

Review from Customer Support Dept

What are some of the best things about your team?

Team Reviews

We have good teamwork and take care of each other.

Review from Admin Dept

the fact that we ARE a team. we look out for each other and make sure we all are uplifted in all things we do

Review from Operations Dept

The cohesiveness of the team is the best attribute.

Review from IT Dept

Everyone is caring and understanding of one another. They are easy to get along with and I feel comfortable sharing my feelings regarding work and personal life. We all take care of each other, and they feel like family.

Review from Customer Support Dept

Wonderful individuals that helped me learn internal processes upon joining and are always willing to help and provide guidance.

Review from IT Dept

What do your coworkers need to improve and how could you work together better?

Team Reviews

Stop complaining and start communicating with managers.

Review from Operations Dept

There is too much to explain in such a short frame.

Review from Operations Dept

trust & understanding each other & go together making up for each other's complements.

Review from Operations Dept

Certain persons could develop better work ethic and learn to control their temper and prevent their mood swings from affecting their attitude and productivity at work.

Review from Customer Support Dept

First, communication and being able to listen/understand others' questions/feedback. Empathy, effor to understand where the other person may be coming from and most importantly being considerate of non-English speaking teammates during important meetings/emails/etc.

Review from Admin Dept

What is most positive about the culture and environment at your company?

Environment Reviews

Working with a spirit of dedication to the company and a spirit of harmony among employees

Review from Admin Dept

the smiles and uplifting attitudes

Review from Operations Dept

The most positive aspect of the company and the work/life balance it provides. The company seems to acknowledge and allow for flexibility as needed.

Review from IT Dept

Occasional touches of appreciation, supportive managers, technology availability, feeling that my employer takes care of its employees.

Review from IT Dept

They are supportive. As I noted, integrity is key.

Review from Operations Dept

What needs to change to make the company culture better?

Environment Reviews

It needed to make the transition from only Korean speaking to bilinguals in branches.

Review from Operations Dept

safe surroundings , improved employee work training, communication , thoughtfulness, understanding

Review from Operations Dept

Nothing needs to change to make the computer culture better.

Review from IT Dept

Need to have more active collaboration between Lending, retail deposits and TMS. One party should never be superior to the others!@

Review from Sales Dept

A greater focus on forward-thinking and process improvements in comparison to the way things are done.

Review from Operations Dept

What did you like most about the interview process?

Interviews Reviews

The whole process was straightforward. I have had interviews that were way too complex.

Review from Admin Dept

What would you improve about your company's interview process?

Interviews Reviews

There aren't any Interviews reviews of Bank of Hope yet.
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What makes you most happy at work?

Outlook Reviews

Working with my team members

Review from Admin Dept

the last few hours before we get to leave

Review from Operations Dept

The different challenges each day brings.

Review from IT Dept

feeling that my co-workers support me and appreciate my contributions to their work/projects.

Review from IT Dept

My work is appreciated. Coworkers within my team are fun to work with.

Review from Operations Dept

What's going wrong and how can it be improved?

Outlook Reviews

Higher pay. Promotions. I feel like I am way underpaid. I do more work than my job description. I picked up more workload from laid off coworkers with no raise. There are rarely any promotions. Fast food workers are getting paid way more than I do as a banker. More work, stress but with low pay!!!!

Review from Customer Support Dept

Nothing special to look forward to. Very standard.

Review from Customer Support Dept

Please educate the leaders at branches that they are responsible for writing their own emails.

Review from Operations Dept

We are short staffed for a year. We still cannot hire anyone. Need coworkers at the branch.

Review from Customer Support Dept

Each department works for their own goal and there is no team work among departments.

Review from Finance Dept

What do you like best about your company?

Outlook Reviews

There aren't any Outlook reviews of Bank of Hope yet.
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What would you most like to see improved at your company?

Outlook Reviews

There aren't any Outlook reviews of Bank of Hope yet.
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