Great if you're ex Aldermore, not so great if you're not - Recensione dipendente - Operations Manager presso Gatehouse Bank

2,0
28 apr 2021
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

If you're starting out a career in banking, its a good place to get your first few years of experience under your belt

Svantaggi

Aldermore/Nepotism: It's well known and a poorly kept secret that more than a few of the positive reviews about the bank on here are written by senior management and the teams that monitor the bank's profile. One particular review defends the bank recruiting from the professional networks of senior staff saying its entirely normal. That's true, it is. But this is a bank that prides itself on being ethical and adhering to responsible banking principles. Whilst it might be normal, it doesn't mean it is right. There is a perception that those employed from Aldermore (the CEO's previous employer) receive more favourable terms of employment and opportunities than those who don't. A good example is the wellbeing mentor programme - this was not communicated as an opportunity to the wider bank population. Needless to say there are 3 ex Aldermore employees out of 5/6 who are wellbeing mentors. The most egregious use of the 'professional network' was the employment of a 'family member' of the CEO. Understandably this did not go down well with staff. Their employment showed either a lack of awareness from the CEO or a staggering amount of arrogance. Wellbeing: This was touted as a key area of focus in 2020 but really was just a case of the bank paying lipservice and much like the CSR structure, a glorified box ticking exercise. As an employer it lags far behind its peers in offering flexible working options to employees. Unlike other banks, Gatehouse has not once specifically sought out the views from employees on the office/WFH split post pandemic. The bank was also, contrary to what is said in townhall calls, very late to introducing home working when the covid pandemic took over in March 2020. Bullying: From experience, complaints of workplace bullying are not taken seriously and are seen more as an inconvenience or an example of you being 'negative' and not 'can do' (one of the bank's values). Diversity: - an all male board and very few women in senior positions - A diversity survey last year highlighted that 30% of employees think racist, sexist or homophobic comments are tolerated in the workplace. It is worrying that the bank has that many employees who believe bigoted comments are accepted. - the recent press coverage of an employment tribunal last year highlighted some very problematic comments made by senior staff (astounding they were willing to make such comments on devices that everyone knows are recorded), especially given Gatehouse is an Islamic bank. Career progression/salaries/benefits: - There is a real disparity between the appetite to provide career progression dependent on which EXCO member your reporting line feeds into. - Salaries below the market average - the bank offers lower salaries willingly with little interest to retain employees - Benefits have been pulled back over the last few years - removal of critical illness over, increase in excess on health insurance

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Risposta di Gatehouse Bank
4y
Dear Operations Manager, Thank you for taking the time to share your feedback. It is a concerning review to read, especially as there are some factual inaccuracies. I wanted to take the opportunity to provide an accurate update on the positive work the bank has completed to enhance practices over the past 12+ months. Internally, we provide a number of platforms for employees to openly raise concerns relating to any area of the bank’s culture, whether via anonymous internal email, town hall meetings, pulse surveys or simply inviting people to ask the executive team any questions they may have. We strive to ensure we are equal and supportive of all whether it be through dignity at work policies, diversity and inclusion initiatives or overall bank procedures. Open discussion is encouraged and welcomed from all. As an organisation, we agree that all employees must be held accountable for their actions and that we must always communicate with accuracy and transparency. We encourage staff via a candidate referral system to put forward professionals from personal networks when we advertise positions within the bank, so that the business and our customers (as a result) will benefit from the skills and experience of others. As a matter of course, this may mean that employee referrals do sometimes come from similar organisations or individual networks which is to be expected. Our hiring practices are fair, transparent and consistent so that only those with the requisite experience, attitudes and commitment to our shared values are hired. The impact of Covid-19 has been felt by everyone and wellbeing support mentors were put in place by the bank to support all of our colleagues through this difficult pandemic. The wellbeing mentors are a mixture of senior leaders and individuals who have personal experience of dealing with similar issues in order to ensure we support colleagues with emotional intelligence applied and professionalism. Given their roles and seniority, they are well placed to escalate situations internally without delay for colleagues meaning decisive, timely action is taken to provide meaningful support. We have also offered employees courses with external providers, enhanced our internal learning library and hosted various initiatives such as a bank wide quiz, truffle making sessions and a bake off challenge to help colleagues manage wellbeing and feelings of isolation. Granted, these will not be appealing to all but the intention was made with clear internal communication as to intent. We have enhanced our employee benefit services to ensure colleagues have the right support to hand, including the removal of critical illness cover to make way for more meaningful, early detection benefits such as enhanced medical screening. We believe our role is to help our colleagues prevent and detect illness early on in order to preserve families and long term health prospects. As a bank, we have an equal balance of male and female colleagues, though it is correct we have less diversity in senior roles than we would like. This is a challenge many firms face and one we are mindful of and working towards addressing, to ensure there is diversity of voice and opinion in senior levels. These initiatives take time to show dividends and our Board is supportive of our efforts to improve inclusivity and diversity at Gatehouse. We have undertaken significant work to evaluate gender pay as well as staff pay more broadly over the last 7 months with the input of senior leaders. Our staff are rewarded in line with market data and calibration occurs to ensure all awards are consistent and in line with equality obligations. We openly share data with our internal diversity and inclusion committee to encourage them to provide honest feedback to us on how we can improve pay and rewards within the bank. The feedback has been utilised and shared with colleagues in recent pay and reward discussions. Lastly, it is very concerning to read the statement that bullying is tolerated. Each colleague at Gatehouse Bank has a responsibility to call out any such behaviours as part of our internal values to ensure we preserve a productive and positive culture. Please be part of the solution by calling out any situations you are aware of via anonymous email or direct conversation to support our values and enhance our culture. Alternatively, please contact hrqueries@gatehousebank.com should you wish to take ownership of your views and engage in transparent, effective conversation.

Esplora altre recensioni su Gatehouse Bank

4,0
4 dic 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good salary and friendly environment

Svantaggi

nothing bad at the moment

2,0
30 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Work from home and benefits

Svantaggi

I agree with the previous comments. Management capability felt inconsistent, with some roles appearing to be filled based on connections to Aldermore rather than relevant experience. This led to a lack of confidence in leadership and decision-making. Advisor feedback, despite coming from those dealing directly with customers, was often dismissed or met with resistance. The “open door” policy did not feel genuine in practice, as concerns were frequently met with pushback rather than action. The feedback response felt like it was turned to make it sound it wasn't the issue. There were also concerns around fairness and accountability, particularly where underperformance among certain staff did not appear to be addressed, potentially due to personal relationships. Overall, it felt like management lacked both the necessary expertise and a clear understanding of the product’s value and importance. While the management team was predominantly non-Muslim, the issue was not background, but rather a perceived lack of appreciation for the product’s purpose. They didn't truly understand the customer base, the faith and values. As a result, it did not feel like a supportive or well-managed environment to work in.

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