Société Générale Reviews

Updated June 16, 2015
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Société Générale Chairman and CEO Frédéric Oudéa
Frédéric Oudéa
15 Ratings

Pros
  • Good work life balance sometimes (in 75 reviews)

  • friendly and relaxed working environment (in 16 reviews)

Cons
  • French top brass do not believe any NON French people (in 12 reviews)

  • Career advancement for those who don't come from the Grandes Ecoles / Societe Generale Paris office pipeline can be difficult (in 7 reviews)

More Pros and Cons

76 Employee Reviews

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  1. Helpful (1)

    Business Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Chicago, IL
    Current Employee - Business Analyst in Chicago, IL

    I have been working at Société Générale full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Decent work atmosphere, mix of Chicago industry staff and French speaking staff

    Cons

    Company in upheavel. No chance for growth as company will be in state of confusion thru 2016

    Advice to Management

    Continue to educate, communicate to staff changes and current projects and how those effect the individual employee


  2. Helpful (1)

    good benefits but no growth opportunity

    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Société Générale full-time (More than a year)

    Pros

    good benefits & reasonable working hours

    Cons

    low bonus & salary, hard to grow without being able to speak french


  3. Equity trading

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trading in New York, NY
    Current Employee - Trading in New York, NY

    I have been working at Société Générale full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    good reputation on some niche business . easy location. and easy to shine in a non always competitive environment . decent portfolio of clients, which brings business.

    Cons

    high dependence to the paris headquarter, even when they don't understand the us business in France. Lot of politics games in this bank. salaries and bonus are non competitive.

    Advice to Management

    upgrade the salaries, upgrade some teams.


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  5. Helpful (4)

    Be wary of the French.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Front Office Developer in New York, NY
    Current Contractor - Front Office Developer in New York, NY

    I have been working at Société Générale as a contractor (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The firm is very conveniently located to Grand Central for me. A short 2 block walk to the office from the train. Bonus points to the underground connection so I do not have to go outside. Work hours are surprisingly relaxed, vacation time is very french, and benefits are very good.

    Cons

    There is a stigma about french people getting undeserved promotions. There is some truth to that I guess in the middle and back office. In the front office, it's a lot more like a meritocracy largely I think because of the simple fact that there are hard numbers and analytics to measure performance. Some people prefer talking in French. I get that it's a french bank. And languages are not really my specialty. Learning fluent financial french is not something I enjoy, but I'm doing what I can to better fit with the group. Upward movement is a little capped. I don't think there is a non-french head of anything. Outright pay doesn't really compare much with the street. But to be fair, most of the street doesn't give 4-week vacations.


  6. Didn't give me much tasks as an intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Société Générale

    Pros

    - The people working there were obviously smart and knew their stuff. - The hours were good, class market hours from around 7 am to 6 pm.

    Cons

    - I did not get much work as an intern, mostly working on small projects for my supervisor. -My boss most of the time was busy trading rather mentoring me, which is understandable.


  7. Helpful (1)

    Good and nice people but what a mess

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    great benefits, people are really nice and helpful

    Cons

    too hierarchical, the organization of the bank is so messy that it affects the business efficiency


  8. Helpful (2)

    Financial Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Société Générale full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Most Americans are friendly- I've met some nice people

    Cons

    No career development help from HR or managers Horrible systems Disproportionate work distribution within same group (some people do nothing all day, while all the work is dumped on a few select/smarter employees) French vs. American culture Low work morale for Americans

    Advice to Management

    Cut middle management Better work distribution, trim the fat if you have to since this will raise salary/morale of the hard workers


  9. Helpful (2)

    An extremely frustrating place to work at times

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Société Générale full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great vacation policy, solid benefits.

    Cons

    Management is too busy playing politics and blaming others to participate in actual work. Very few employees willing to help others - a culture that comes from the top down. Issues are always someone or some other team's problem.

    Advice to Management

    Fire most of your middle management and hire (or promote) people that have positive attitudes and promote a positive work environment.


  10. Helpful (3)

    learned a bit there, but no advancements.. everyone speaks in french unless they have to ask you something

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Middle Office Analyst in New York, NY
    Current Employee - Middle Office Analyst in New York, NY

    I have been working at Société Générale full-time (More than 3 years)

    Pros

    smaller than US banks so its easier to get to know everyone in the business..

    Cons

    You will not advance unless you are french. 2nd class citizen... I can't even read half of my emails. My boss still continues to write some of his emails in french when he knows I don't understand.

    Advice to Management

    it's divide can't be anymore obvious.. They need to do something about the American/French culture divide


  11. Helpful (4)

    Scarce career opportunities and low compensation

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Société Générale full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good reputation in europe and good products expertise

    Cons

    Scarce career opportunities nationally or internationally Low remuneration and very poor bonuses Poor HR policy Work rarely challenging Little management support



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