HM Treasury

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HM Treasury Reviews

All Employees Current Employees Only

3.8 15 reviews

100% Approve of the CEO

HM Treasury Chancellor George Osborne

George Osborne

(4 ratings)

86% of employees recommend this company to a friend
3 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Regrettable career move

    Treasury Official (Current Employee) London, England (UK)

    ProsExposure to some very interesting and unique challenges, some very intellectual people, location.

    ConsPoor work life balance for the junior officials who are actually doing the work. Too many managers who don't seem to do anything productive with their time, but happy to take credit for others work. Any sense of teamwork or collaboration is hard to find. Career progression is virtually non existent and remuneration is very poor compared to other departments.
    Learning and development opportunities are a joke.
    Politics!

    Advice to Senior ManagementDespite claiming to listen and act upon staff survey results very little changes. To much talking up positive changes up when the reality is the impact is minimal.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great first job but the financial rewards arent great

    Policy Advisor (Current Employee) London, England (UK)

    ProsHuge responsibility given at a very early stage in your career over nationally important issues. Rotating internally means you get a chance to work on a variety of policy areas and develop different skills. High calibre of staff.

    ConsPay is poor relative to other Departments and it takes longer to get promoted. Longer hours than other Departments. Can be a quite chaotic environment as there isnt a culture of compliance or bureaucracy.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    2 people found this helpful  

    Interesting place to work. Could and should be so much better.

    Policy Advisor (Current Employee) London, England (UK)

    ProsA lot of responsibility early on and this particularly shows when you work with other Government Departments.

    Variety of jobs in many different policy areas.

    Treasury sits at the heart of Government and if you like politics, come Budget time, it can be a very exciting place to be.

    ConsPay. Management have been dancing around this for years but the simple fact is for the level of responsibility we have and the work we do, we are poorly paid. Of course this works in senior management's favour as work at Ranges D and E (just below Senior Civil Service) level is extremely competitive. But this has bred an environment where to prove how good you are, you have to show that someone else is rubbish and there is a great deal of sycophancy or 'game playing.' Normal, you may think but a key criticism of Treasury policy development in many quarters is that few are willing to challenge the orthodoxy - to get ahead you need to nod your head and agree with everything senior management says, even if you know they are wrong. The work we do (tax and spend) is too important to be left to the whims of the uber ambitious few.

    There is a very much a 'Treasury type' and cliquishness in many Groups and teams. Bad luck if you don't fit in.

    Lack of a world view. The demograph Treasury attracts (or chooses to select) means that you will time and time again come across individuals with no 'life experience' beyond a very comfortable upbringing and university. In many areas there is little appreciation for the real world impact of policies or a willingness to even try and understand. External stakeholders and other government departments criticise Treasury's lack of experience and understanding time and time again but there doesn't appear to be a willingness to address this.

    Biannual appraisal process means there is a tendency among management to wait until appraisal time before letting you know that you did something wrong or there was/is a better way of doing it. Continuous feedback is much more useful.

    Level of staff turnover is diabolical.

    Advice to Senior ManagementStop talking in cliches. Yes Treasury is an interesting place to work but that doesn't mean we want to work for free.

    Senior Civil Servants on £100k+ pa stop telling us we're all in this together. We know we're not so please don't insult our intelligence.

    If you truly want staff to have a better work life balance - do something about it i.e. better resource teams. If not, stop encouraging something you know is unattainable in an environment like Treasury.

    Yes, I would recommend this company to a friend

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