Société Générale

  www.societegenerale.com
  www.societegenerale.com
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1 person found this helpful  

Good company for someone really wants a life/work balance. Not for ambitious and entrepreneur

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

I have been working at Société Générale

Pros

Generally good working environment as most employees are friendly. Good company benefits including defined benefit pension (though very low), good vacation time, work/life balance.

Cons

It really depends on what your job function is and which team you are in. Middle and back offices normally have good hours though relatively low pay. Front office has relatively less stress compared to top tier american investment bankers but it also shows in the pay check + bonuses. Huge turnover rates as it has hard time to retain the best performers.

Advice to ManagementAdvice

If your strategy is to expand in the US, you have to be ready to pay the $$$ to attact talents.

No opinion of CEO

337 Other Employee Reviews for Société Générale (View Most Recent)

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  1. 1 person found this helpful  

    Perfect place to work for if you are not looking to build a career

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

    I have been working at Société Générale

    Pros

    Good life / work balance.
    Good place to learn and open to employees to do a lot of trainings.
    Good vacation and sick days policy

    Cons

    Salary is fair but little bit lower than the market
    Bonuses are really smalls
    Promotions looks "stochastics"
    Few opportunities for career advancement

    Advice to ManagementAdvice

    The career opportunities and promotions does not looks fair done within SG. And bonuses are really small compared to the market

    No opinion of CEO
  2. 1 person found this helpful  

    Great place for job stability

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

    I have been working at Société Générale

    Pros

    At times of recession, as we just had, SG did not lay off nearly as many people as other financial institutions. As such, it's a great place for a stable income and job security

    Cons

    The price you pay for job stability is reflected in your paycheck. Also job stability implies that people should be let go are not, adding to you having to pull "deadweight". Couple that with a huge bureaucracy and you have one hard place to work

    Advice to ManagementAdvice

    Respect talent. Pay your performers. Cut the deadest of the deadweight. Don't assume a French person can do the job better just because he/she is French

    Recommends
    No opinion of CEO
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