Bank of Singapore Reviews

Updated Jun 27, 2022

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Found 203 of over 482 reviews

2.7
35%
Recommend to a Friend
49%
Approve of CEO
Bank of Singapore CEO Bahren Shaari
Bahren Shaari
76 Ratings
Pros
  • "good pay and overall work-life balance(in 22 reviews)

  • "Medical benefits are good, extended to spouse and children(in 22 reviews)

  • Cons
  • "Work life balance could be improved(in 28 reviews)

  • "Long working hours, alot of politics(in 15 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee, more than 3 years
      Featured Review

      Holistic Development

      May 7, 2022 - Marketing Associate in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Nice colleagues and staff welfare. Plenty of new initiatives.

      Cons

      can prioritize day to day innovation

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    2. 5.0
      Current Employee

      People's bank

      Mar 18, 2022 - Private Banker in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent place to work in Banking

      Cons

      NA NA NA NA NA

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    3. 4.0
      Current Employee, more than 1 year

      Fast paced, exciting workplace with a great team

      Jun 10, 2022 - Executive Director in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Very happy with the team and what we are achieving. Lots of opportunities to make a difference and shine

      Cons

      Inadequate resources; although many change in pipeline, difficult to get stakeholder's buy-in lacking a top-down directive and already too many manual processes

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    4. 3.0
      Former Employee, more than 1 year

      Long hours

      May 19, 2022 - Associate Director in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Free coffee Bonus is not bad Benefits quite competitive

      Cons

      Toxic Culture,long hours, many people work on weekends,no management support,everyone works in silo, systems can be better, high turnover rate

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    5. 1.0
      Current Employee, more than 3 years

      Terrible culture, low pay, high turnover

      Jun 21, 2022 - Senior Associate in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You get free coffee at the pantry.

      Cons

      ZERO to NO Increments. Or increments that barely exceeds the inflation rate. Expect close to zero increments for at least 3 years if you are a fresh graduate joining the bank. Think twice about joining unless you plan to leave within 2 years. Extremely high workload and unreasonable deadlines. Poor work life balance leads to extremely high staff turnover with entire teams leaving the bank. Which leads to more workload for everyone else and more overworked and unhappy people leaving. Upper management only care about profits and not the staff. Similar staff feedback have been given internally and management have done NOTHING to address employee concerns. (Drastically reduced benefits, uncompetitive pay, no increments)

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      3 people found this review helpful
    6. 2.0
      Current Employee, less than 1 year

      Traditional, bureaucratic, old fashion bank.

      May 22, 2022 - Associate in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Flexible lunch hour. New laptop, dual screen. Spacious pantry at level 16.

      Cons

      Alot of politics/gossip mangling/judging. Apart from a poor culture, procedures is rather out dated, print alot of paper even though pdf saved in folder & see-able in system. No E-signing, so everything is very manual. Rigid work process. Forget about flexibility of schedule. Staggered working hours are merely window dressed but not encouraged at department level. Due to the manual process, no work from home at all too. Although staff leave office early, many continue to work frm home. Leading to a culture of hiding OT due to fear of management. Bank provide plenty of external training programs but who has time to attend?? IT is also terrible. Too many separate IT personnel for each system that one gets re-directed many times with no one accountable. Have to keep chasing IT staff to follow up else they will ignore.

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      3 people found this review helpful
    7. 1.0
      Current Employee, more than 5 years

      .

      Jun 13, 2022 - Assistant Relationship Manager Private Banking in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Cant really think of one

      Cons

      Systems are atrocious, processes are bad, but culture is the worst.

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      4 people found this review helpful
    8. 2.0
      Former Employee

      Needs a shack up

      May 23, 2022 - Anonymous Employee in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Brand and geographical position are solid

      Cons

      Silos, retention and support from management remains real headwind

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    9. 1.0
      Current Employee, more than 8 years

      Join only if you like to be in a “90s bank”.

      May 25, 2022 - Front End Associate in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      If you want to use this as stepping stone to somewhere else.

      Cons

      - IT is a mess, their system doesn’t talk to each other. So if your role requires execution, u are trending on a very dangerous line that u might jeopardize your career one day because of their bad system. -You won’t learn anything here, every thing is plug and play from day 1. Even for desk set up and everything! -Long working hours, top down view and obvious politics. Join their senior role better than junior role as you won’t know what is going on, they just throw everything to you and surprises everyday. -High turn over rate, known for hard to survive in this bank.

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      6 people found this review helpful
    10. 2.0
      Current Employee, more than 5 years

      No Comment

      May 1, 2022 - Risk Manager in Singapore
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Company Name is good and a lot of chance to speak.

      Cons

      No salary increase and promotion chance.

      1 person found this review helpful
    Viewing 1 - 10 of 203 Reviews

    Bank of Singapore Reviews FAQs

    Bank of Singapore has an overall rating of 2.7 out of 5, based on over 482 reviews left anonymously by employees. 35% of employees would recommend working at Bank of Singapore to a friend and 34% have a positive outlook for the business. This rating has been stable over the past 12 months.

    According to anonymously submitted Glassdoor reviews, Bank of Singapore employees rate their compensation and benefits as 2.8 out of 5. Find out more about salaries and benefits at Bank of Singapore. This rating has decreased by -4% over the last 12 months.

    35% of Bank of Singapore employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Bank of Singapore 2.4 out of 5 for work life balance, 2.4 for culture and values and 2.6 for career opportunities.

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