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Aberdeen Asset Management
3.2 of 5 15 reviews
www.aberdeen-asset.com Aberdeen, United Kingdom 1000 to 5000 Employees
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Aberdeen Asset Management Reviews

Updated Apr 30, 2013

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3.2 15 reviews

                             

75% Approve of the CEO

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Martin Gilbert

(4 ratings)

55% of employees recommend this company to a friend
15 employee reviews
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  • Culture & Values
         
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Philadelphia, PA

Current Employee – been working at Aberdeen Asset Management full-time for less than a year

Prosfriendly staff, work life balance is very good, learning opportunity good for career in asset management industry. Firm has an emphasize on rotations and secondement--very nice exposure.

Conssalary is a bit lower than average asset management firms. Conservative culture in the London office

Advice to Senior Managementmight be worthwhile to foster a firm-wide corporate culture

Yes, I would recommend this company to a friend

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Philadelphia, PA

Current Employee – been working at Aberdeen Asset Management full-time for less than a year

ProsThe pay is appropriate, the benefits are unbeatable, and the people are great. Given the flat structure, there is access to upper management, which is a component of the company that I feel some of my coworkers do not appreciate.

ConsI don't have any qualms with the company at this time. I stumbled upon this site because my brother wanted me to see a review of his firm. I was surprised to see the other reviews about Aberdeen.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Philadelphia, PA

Former Employee – worked at Aberdeen Asset Management

Prosbenefits: 4 weeks vacation; 401k contributions; immediately vested; profit sharing plan; low cost health care & bonuses are great

Conseverything other than benefits & bonuses

Advice to Senior Managementhire an HR expert in organizational behavior and take their advice on how to improve employee relations.

No, I would not recommend this company to a friend

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London, England (UK)

Current Employee – been working at Aberdeen Asset Management full-time for more than 7 years

ProsGood career progression and generally a good work life balance.

ConsQuite a few individuals should have been let go years ago but are still here, twiddling their thumbs.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Aberdeen Asset Management full-time for more than 7 years

ProsIt has the best culture as compared to large banks that I have worked. POlitics are mild.here.

Consmost people that worked for more than 5 years are pretty comfortable, and I'm afraid the company will regress instead of progress.

Advice to Senior ManagementHire people who could manage people!

Yes, I would recommend this company to a friend

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Current Employee – been working at Aberdeen Asset Management

ProsGood bunch of people to work with

ConsNeeds to be more structured as a company

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London, England (UK)

Former Employee – worked at Aberdeen Asset Management full-time for more than 7 years

ProsGrowing business and recovering from the split caps miselling debacle, some friendly and helpful people in the business. Gradually working to improve systems and controls.

ConsPay not in line with market and bonuses a joke (unless you happen to be Scottish), very political (cloaks and daggers come to mind..) and promotion is not transparent and non-existent. Incredibly old-school Scottish fund manager and not very diverse. If you don't follow the status quo, you are quickly got rid off.

Advice to Senior ManagementRealise the need to have an all inclusive work place and treat employees with respect, where an open dialogue is encouraged. Also, more appreciation of the peoples hard work and saying thank you or well done wouldn't go amiss once in a while.

No, I would not recommend this company to a friend

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Former Employee – worked at Aberdeen Asset Management as an intern for less than a year

Prosgood work life balance
training is good
certain brilliant people work there
good social scene within the company
potential to go abroad

Consnot challenged at all
not ready to fully use the skills you have
too political in certain teams and therefore miss on achieving certain things
inconsistent with hiring policy therefore uncertain of what they want from you

No, I would not recommend this company to a friend

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Former Employee – worked at Aberdeen Asset Management

Prosflat structure of management
work live balance

ConsLow salary compared to peers
slow career progression
lack of racial and cultural diversity

Advice to Senior ManagementLook into recruiting culturally diverse employees. Also to get more clear about career progression and future opportunities for employees.

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City of London, England (UK)

Current Employee – been working at Aberdeen Asset Management full-time for less than a year

ProsChilled, extremely flexible and relexed, friendly colleagues, less hierachy, rotational programme can give you a lot of exposure to different areas, growing business

Consevery grad has to go through some back office positions, less focused, growing too fast to accomodate the challenges from infrastructure, business systems and cultural shocks, pay is not terribly low but still not very good compared to another fund with similar AUM, less salary rise potential

Advice to Senior ManagementThere is no conflict between being prestigious and maintaining the Aberdeen culture.Should start working on upgrading the infrastructure and business systems; invest more on employees

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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