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Coventry Building Society

Engaged employer

Once great, now a toxic place to work - CIDO Shared Services Coventry Building Society Employee Review

2.0
23 Jun 2022
Recommend
CEO approval
Business outlook

Pros

Hybrid working/flexibility A few years ago this list would have been long, but right now I can't think of any other pros.

Cons

The organisation has moved to the product model with inadequate preparation, limited expertise and a complete lack of planning. The whole of CIDO is now flailing around with no clear way of getting out of the mess that has been created, while delivery has stalled and the leadership are blithely sending out false positivity and refusing to acknowledge or take responsibility for the huge mistake they have made. The CIDO environment has become utterly toxic and staff are leaving in droves with no sign of this slowing. I honestly thought that I'd remain at the Coventry for a long time; I have no immediate plans to leave but as the pressure mounts and workloads increase for those of us who are left I'm fairly sure that this will change.

Explore other reviews about Coventry Building Society

4.0
18 May 2020
Recommend
CEO approval
Business outlook

Pros

Interesting projects to work on

Cons

Minimal benefits for 401k and insurance

2
2.0
27 May 2026
Recommend
CEO approval
Business outlook

Pros

Good Team and Team manager to support. Good Head Office Facilities. Can be flexible depending on your role…

Cons

Company has completely lost its identity since Co-op Merger. Bringing in Senior Leaders and Directors to support with the merger, who do not share the existing Values of the company is completely shocking. Everything CBS has stood for previously is being washed away for ‘Growth’. Senior Directors telling teams ‘Good is good enough’ and actively planning to make certain processes WORSE to make it easier for the Co-op to catch up to our standards, and this is okay? Soon as the merger is completed from the Directors points of view, they’ll move onto their next project and we will be their picking up the pieces in regards to moulding the company back to what it was prior to the merger. Pay is shocking. Front line teams being expected to pick up more work, in expanding roles with expanding responsibilities for LESS pay? Removing certain Teams Shift allowances; reducing their pay by 10%, then at the same time releasing their new role profiles which state team members must remain flexible to work ‘all group working hours’?? What a fantastic, sneaky way to be able to save money. Really caring. It’s a shame certain Execs got lucrative bonuses for their expanding roles, yet the people that make the business tick get pay taken off them because they have no say.

12
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Coventry Building Society Response
1mo
Thank you for sharing this — and for your 8–10 years with us. It’s good to hear how much you value your team and manager, but it’s clear you’re frustrated and concerned about the direction of the organisation, particularly following the merger. We recognise the strength of feeling in your comments around maintaining our values, changes to ways of working, and the impact on pay and frontline teams. Those points — especially around fairness, workload, and consistency — are important and shouldn’t be overlooked. Your feedback reflects concerns we need to take seriously as we continue through this period of change. Thank you for taking the time to be open about your experience.
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