Standard Chartered Bank

www.standardchartered.com
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There are newer employer reviews for Standard Chartered Bank

Good work life balance, not a place to excel your career

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Analyst in Singapore (Singapore)
Current Employee - Analyst in Singapore (Singapore)

I have been working at Standard Chartered Bank full-time (more than 5 years)

Doesn't Recommend
Negative Outlook
Disapproves of CEO
Doesn't Recommend
Negative Outlook
Disapproves of CEO

Pros

The company provides good work life balance
Things are not very difficult

Cons

No meritocracy
Very bad system
Poor leadership

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  1. Working at SCB is absolutely brilliant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Standard Chartered Bank full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Payment based on performance and those who deliver get paid. Extremely robust performance evaluation program in place called P3

    Cons

    At times the objectives set for the individual are at conflict with those of the local operation leading to a loss of focus. Individual works towards achieving the objectives set little knowing that there is a bigger picture that hey is not made aware of.

  2. Controlled chaos, heading towards the wrong direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Service Manager
    Current Employee - Service Manager

    I have been working at Standard Chartered Bank full-time (more than 8 years)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    It started out as a pretty good company: strong balance sheet, risk averse, somewhat cares about staff, good career progressions. Its branding and CSR are still very strong. Corporate values are still very strong, although this is constantly being diluted by new hires.

    Cons

    Too many new hires in middle and top management making changes they don't really understand, especially in technology. Systems are horrible because of budgetary/time line constraints, and as a result staff are overworked because of the manual workarounds that are added to address system limitations. This is a trainwreck waiting to happen.

    Advice to Management

    There's only that much you can squeeze from your staff

There are newer employer reviews for Standard Chartered Bank

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