There are newer employer reviews for Standard Life

2 people found this helpful  

One of the best employers in the UK - fun place to work

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

I worked at Standard Life

Pros

Best professional experience ever thus far in my career. Extremely bright, hardworking people who are keen on helping others, sharing information, and providing mentorship to junior associates. Strong culture of promoting a work-life balance, though it's not uncommon for top managers to work 11+ hour days. Secondments are a brilliant way of retaining talent, while encouraging cross pollination of associates across divisions. High degree of internationalism within the workforce and international business travel is not uncommon in certain areas of the company. Nice canteen with a Starbucks to fuel employees throughout the day. Management easily accessible and approachable, including its executive leadership. All-around, a great place to be and a name you'd proudly have on the CV.

Cons

Office renovations can't be finished soon enough - the bathrooms are antiquated, if not downright scary. Lighting is dim on most of the floors, and the lack of assigned seating in some areas is a bit of a nuisance, considering this is the HQ of a global company with oodles of assets. Meetings are used overzealously, when a quick phone call or a sametime message will suffice.

Advice to ManagementAdvice

Some of the older & senior employees are absolute nightmares to work with. Highly bureaucratic at times and it's not uncommon for voicemail messages, emails, and notes left with the secretary to go unanswered. A few days is understandable. Multiple attempts over a 4-month period without appropriate action is ridiculous. Performance incentives and reviews should be opportunities for top-management to push-down/reinforce its vision of teamwork and acceptable/unacceptable behaviour.

Recommends
No opinion of CEO

48 Other Employee Reviews for Standard Life (View Most Recent)

Sort: Rating Date
  1. 2 people found this helpful  

    Very good company on an unclear path

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director, Marketing in Montreal, QC (Canada)
    Former Employee - Director, Marketing in Montreal, QC (Canada)

    I worked at Standard Life full-time (more than 10 years)

    Pros

    Good remuneration and benefits for employees in Canada, which have been gradually scaled down in the past few years. Very welcoming, warm employees.

    Cons

    There is a disconnect between the objectives of the transformation programme and the daily reality of employees. The transformation programme aims to make the company a leading asset managing and long-term savings company and less of a traditional insurance company. However, the strategy and tactics to transform the company are unclear. Staff is being asked to do more with less with no end in sight and no understanding of what the company wants look like in the future.

    Advice to ManagementAdvice

    Walk the talk. Stop talking about the lofty goals to transform the company and invest in the talent, and organizational structure that will support this. Be more sales and business development focused - bearing in mind that clients not products create demand. Make some important changes to the leadership team, so that all leaders are pushing in the same direction.

    Doesn't Recommend
    Negative Outlook
  2. 1 person found this helpful  

    Process heavy, technologically backward, frustrating place to work

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

    I have been working at Standard Life

    Pros

    Good benefits - Flexi time, great holiday allowance, pension
    Most offices have canteens, however they are no longer subsidised
    Friendly people

    Cons

    Too many processes make it difficult to get anything done.
    Employees and managers are overworked so you don't feel very supported
    Software and IT facilities are very outdated and prohibitive

    Advice to ManagementAdvice

    -

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Standard Life

Work at Standard Life? Share Your Experiences

Standard Life

 
Click to Rate
or

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