There are newer employer reviews for Société Générale
There are newer employer reviews for Société Générale

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Helpful (1)

Stable with no mobility

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Vice President in Jersey City, NJ
Current Employee - Vice President in Jersey City, NJ
Doesn't Recommend
Disapproves of CEO

Pros

Good work/life balance with reasonable hours. Good benefits Vacation policy (five weeks after five years of service) Work environment and Coworkers are usually friendly

Cons

Two tier system - promotions and management spots are given first to expatriates, regardless of experience and skills. The Paris bureaucracy spews a steady stream of forms, status reports, processes, and KPIs. Powerpoint skills are highly valued. Lip service given to career development

Advice to Management

There are mixed messages on the future of the NY branch. Be clear and honest on its direction. The new management team talks about being global. The management org chart continues to be less global.

Other Employee Reviews for Société Générale

  1. Helpful (1)

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

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    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 Management

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


  2. Helpful (2)

    Good place to work- if you are French

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Analyst in Jersey City, NJ
    Current Employee - IT Analyst in Jersey City, NJ
    Doesn't Recommend
    No opinion of CEO

    Pros

    Lots of flexibility and independence given to employees (mostly due to the managers being totally hands off ...see Cons). Talented Analysts and Developers (lots of smart employees at that level)

    Cons

    It is not unusual for management positions to be given to persons who have no real experience or banking knowledge...solely on the basis of their being French. You wind up with the analysts doing all of the work, managers getting the credit for doing nothing except gathering status. Maybe. Employees given lip service about professional development. Performance reviews more for paperwork than actual study.

    Advice to Management

    Try to foster an environment where all employees feel as if they are part of the team- even if they are not French.


There are newer employer reviews for Société Générale
There are newer employer reviews for Société Générale

See Most Recent

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