Clydesdale Bank Reviews

Updated May 8, 2014
Updated May 8, 2014
7 Reviews

3.3
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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David Thorburn
0 Ratings

Employee Reviews

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  1.  

    Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Partner  in  Glasgow, Scotland (UK)
    Current Employee - Business Partner in Glasgow, Scotland (UK)

    I have been working at Clydesdale Bank full-time for more than 10 years

    Pros

    Consider Clydesdale a good place to work with an excellent team where everyone's views are valued.

    Cons

    Recent restructures have limited career development opportunities

    Advice to ManagementAdvice

    More focus on career planning

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Good Employer, staff matter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Advisor  in  Clydebank, West Dunbartonshire, Scotland (UK)
    Current Employee - Customer Service Advisor in Clydebank, West Dunbartonshire, Scotland (UK)

    I have been working at Clydesdale Bank part-time for more than 10 years

    Pros

    Flexible working and encourage staff to reach their potential

    Cons

    Salary not very competetive within the Banking industry

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    In complete disarray, parent company fed up, followed a flawed plan that completely backfired.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Partner  in  Portsmouth, South East England, England (UK)
    Former Employee - Senior Partner in Portsmouth, South East England, England (UK)

    I worked at Clydesdale Bank full-time for more than 10 years

    Pros

    There are no longer any reasons to work this bank. From 1995 - to about 2003 it was a good place to work, until Williams and Peacock (who is NOT the current CEO) arrived with the IFS scheme. Huge expenditure, no customers, all plans involved investing in property in the height of a price rise - with "bust" to come sure as eggs is eggs. When it came, all staff treated like rubbish, especially older ones who saw the flaws from day one. Bullying, intimidation, finger-pointing all the norm

    Cons

    See above. The bank is a nightmare and in total confusion. The NAB has to deal with the huge mis-sale of loans before it can sell it off: it's already absorbed billions of toxic debt run up by all the bright young bucks.

    Advice to ManagementAdvice

    Treat the staff well. Don't change the masterplan on a daily basis. Get some of the old staff back who knew what they were doing. Issue a mass apology to all those who were treated abominably and either made to fall on their swords, disciplined out for non-offences or who had nervous breakdowns. Ensure that a lot of the local puffed-up "managers" pay real redress for their appalling actions and lack of business ability/sense.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    mickey mouse organisation lacking status to make an impact

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Banking  in  Edinburgh, Scotland (UK)
    Former Employee - Private Banking in Edinburgh, Scotland (UK)

    I worked at Clydesdale Bank full-time for more than 5 years

    Pros

    Decent salary and freedom to do job as you wish but lack management expertise to get people working as a team. The Bank was 20 years behind the times when I joined in 2007 but had a market leading proposition with its Financial Solutions Centres

    Cons

    didnt deliver on my expectations. Had a great set up in Financial Solutions Centres (as was) but management did not support the team ethic with the result that collective goals were invariably missed.. The organisation was on a massive growth curve when I joined and recruited from outside the organisation in a big way to help achieve their ambitions.
    Then it went pear shaped and most of the people recruited back in the mid noughties left leaving those who were in an outdated and out of touch business in the first place.
    This was an company that promised much but didnt achieve. The new 2013 model will not work because management have basically gone back to a business that didnt achieve in the first place with little scope to grow the business and a credit department that will not use common sense.

    Advice to ManagementAdvice

    do as you say you will do not what you think you should do and support the team ethic

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    A rewarding 14 years with many oppurtunities to progress

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Partner  in  Dundee, Scotland (UK)
    Former Employee - Business Partner in Dundee, Scotland (UK)

    I worked at Clydesdale Bank full-time for more than 10 years

    Pros

    Above average salary, many oppurtunities to progress within your career

    Cons

    A lot of branches short staffed

    Advice to ManagementAdvice

    None

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good freedom but very limited career prospects

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Partner
    Former Employee - Business Partner

    I worked at Clydesdale Bank full-time for more than 3 years

    Pros

    Able to access senior managers, good salaries relative to market,

    Cons

    Very internal compliance focused and "petty", virtually no useful training provided, very flat management structure with few learning or promotion prospects

    Advice to ManagementAdvice

    Drop the Financial Solution Centre strategy and focus on winning good quality SME business from other banks - that means having a credit appetite to match - not just lending 3/4 of the book on property like the Irish banks.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    BP - Pros and Cons

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Partner  in  London, England (UK)
    Current Employee - Business Partner in London, England (UK)

    I have been working at Clydesdale Bank

    Pros

    - Friendly environment
    - Good hands on training with experienced staff willing to help out
    - Close interaction and accessibility to other departments i.e. credit, treasury etc
    - Management generally fair and reasonably informed
    - Informative communications and good levels of training available

    Cons

    - Small bank with big beaucracy (although most Banks are strangled by red tape)
    - Muddled targets and reactive rather than proactive strategies
    - Over managed in areas with large sub section of middle management
    - Essentially reward is put solely on achievement of new sales targets and management of skills/knowledge base could be better
    - Limited progression upwards with real moves being sidewards progressions

    Advice to ManagementAdvice

    - Cut out the deadwood in the middle or enhance their accoutantability through individual rather than team performance
    - Micro-management is not the only way to enhance performance i.e. endless sales meetings, spreadsheets etc will not always result in increased productivity - look at increased joint marketing, training or knowledge sharing from employees.
    - Set a plan for the year and stick to it - sub targets, schemes and monthly specials make it feel more like a supermarket with special offers than a Bank with strategic targets.
    - Cut the car salesmen - create a real team ethic

    No opinion of CEO

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