Bancolombia Reviews

4.6

93% would recommend to a friend

(270 total reviews)
avatar

Juan Carlos Mora Uribe

99% approve of CEO

86% positive business outlook

Bancolombia has an employee rating of 4.6 out of 5 stars, based on 270 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Bancolombia employee rating is 24% above average for employers within the Finance industry (3.7 stars).

Reviews by job title

270 reviews
2.0
6 Mar 2016

Good if you want a steady job with no growth

Recommend
CEO approval
Business outlook

Pros

Good benefits plan. Nice enviroment. Decent installations if you are in the central headquarters. Looks good on your CV. Decent pay for a first job, working only 2 years top.

Cons

There's no way to grow unless you search for vacancies in other areas that are not related to your work, even then is hard to get one since almost 50 people or more apply for the same job, you don't get promoted on knowledge or experience, the only chance at getting promoted or having a raise in salary is if someone on your area leaves or gets fired and you're lucky and get picked by the boss. The other way to get promoted is if you have contacts in the higher management. There's no room for creative people, they award the ones who don't take any risks. No training, you get stuck learning the old ways of what is done inside the company. Many times the managers get picked by favoritism and not by their knowledge so you get for example and economist in an IT area, and then he's in charge of rating your abilities on IT when he doesn't understand IT himself. People get rejected from areas for not having a postgraduate degree, even if they have many years of experience and knowledge of the business with high results. No salary raise even after many years, you have to change positions to get a rise. Low tolerance to failure, you get "punished" from failing even in the most minimum stuff, again they prefer people who stuck to the old ways and succeed than risk takers who can fail from time to time.

5.0
3 Aug 2016

Senior Analyst

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Amazing culture, collaborative environment, big deals

Cons

Centralized decison making in Medellin

5.0
12 Dec 2015

Great place to work

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great place to work, good benefits programs, great team - work environment. Career opportunities for commercial roles. Excellent platform interns. You got the chance to work with very smart and well educated coworkers which is very rewarding and enriching.

Cons

Slow decisions making processes because of the organizational structure. Regardless the benefits the salaries can be pretty low for entry level and it's hard to get promotions and to get a rise.Career Opportunities are good for low level jobs but no for medium-high level jobs which could be frustrated.

Viewing 1 - 3 of 270 Reviews

Glassdoor has 793 Bancolombia reviews submitted anonymously by Bancolombia employees. Read employee reviews and ratings on Glassdoor to decide if Bancolombia is right for you.