HM Treasury

www.hm-treasury.gov.uk
Profile Unclaimed
There are newer employer reviews for HM Treasury

 

Work/life balance a real challenge with very low compensation - but work is fascinating

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

I have been working at HM Treasury

Pros

- Front row seat to national and international events
- Important responsibilities with the opportunity to shape and influence policy dialogue
- Surrounded by great energy and talent
- Learning opportunities (through work and training) are good
- Career growth prospects well within reach, especially if you turn to other government departments afterwards.

Cons

- Work/life balance is often atrocious. Very fast pace of work means that prioritization has to be ruthless.
- Compensation system is one of the lowest in the whole of HM Government, leading to high turnover.
- Despite very competent leadership and supervision, and despite the abundant talent and unquestionable brainpower of the staff, it's a very young environment - much younger, at least, than you'd expect from one of the government departments with the most pivotal roles.
- The performance evaluation system is relative to your peers, rather than based on your absolute performance, which more often than not results in an unusually competitive work environment

Advice to ManagementAdvice

- Improve the compensation package
- Reinforce work life balance like you mean it
- Continue to improve the incentives and reward system of the performance evaluation system.

Recommends

17 Other Employee Reviews for HM Treasury (View Most Recent)

Sort: Rating Date
  1. 1 person found this helpful  

    Strong sense of purpose, early responsibility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Policy Advisor in London, England (UK)
    Current Employee - Policy Advisor in London, England (UK)

    I have been working at HM Treasury full-time (more than a year)

    Pros

    Small organisation with large reach so lots of responsibility early on. You are the lead person in your area
    Lots of face time with senior people. Don't need to run everything up and down the management structure
    Open culture. Lots of collaboration across teams, good social side

    Cons

    High turnover. Most of us could earn more in the private sector so people tend to leave if they get to end of a deployment and can't find a new internal posting they like

    Recommends
    Positive Outlook
  2.  

    Great fun but hard work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Policy Adviser in London, England (UK)
    Current Employee - Senior Policy Adviser in London, England (UK)

    I have been working at HM Treasury full-time (more than 3 years)

    Pros

    Wide variety of very interesting and challenging work - advising on policy changes that will make newspaper headlines is always exciting. Relatively non-hierarchical, with senior management generally always willing to listen to ideas and suggestions from everyone, regardless of positon. Promotion can be quick for those who can demonstrate their abilities. Strong team working ethos.

    Cons

    Long working hours - while technically additional hours worked can be taken as time off in lieu, it's not always possible to take full advantage of this. Pay lags behind that of other central Government departments.

    Recommends
    Positive Outlook
    No opinion of CEO
There are newer employer reviews for HM Treasury

Work at HM Treasury? Share Your Experiences

HM Treasury

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.