HBOS
3.4 of 5 16 reviews
www.hbosplc.com Edinburgh, United Kingdom 5000+ Employees

HBOS Reviews

All Employees Current Employees Only

3.4 16 reviews

                             

80% Approve of the CEO

HBOS Chairman Lord Dennis Stevenson

Lord Dennis Stevenson

(5 ratings)

54% of employees recommend this company to a friend
16 Employee Reviews
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A great, fun place to work.

Insurance Manager (Former Employee)

I worked at HBOS full-time for more than 8 years

ProsEdgy
Pushes boundaries
Going places
Place to build a career.
Career development is taken seriously, a lot of opportunities for the right people to move quickly with a lot of support and development.

ConsToo risky some would say!
Unfortunately tainted by the financial crisis. I think it's important to note that a lot of the HBOS values live on within LBG and the new combined company is a great place to be.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Software developer

Software Developer (Current Employee)
Leeds, England (UK)

I have been working at HBOS full-time for more than 3 years

ProsFlexible hours , relaxed work environment

Conslocation ( Halifax in west yorkshire)

Salary

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Better than others

IT Programmer Manager (Former Employee)
Edinburgh, Scotland (UK)

I worked at HBOS full-time for more than 5 years

Prosempowered
good work life balance
interesting work and opportunities
strong work life balance

Consnot a meritocracy
cavalier approach
very much reliant on who you know
variable quality of management and support staff

Advice to Senior Managementpay more attention to risk

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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It was like travelling back in time

Director (Current Employee)

I have been working at HBOS full-time for more than 3 years

ProsThere are established processes and committees for everything

ConsCommittee culture guarantees resistance to change, mediocre decisions and half-measure goals
Talented people leave or are driven out

Advice to Senior ManagementLack of talent and vision in management. learn how to reward risk-taking

No, I would not recommend this company to a friend

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dog eat dog environment

Customer Advisor (Former Employee)
Aylesbury, England (UK)

I worked at HBOS

Prosgot bonus scheme. when share price was up at a higher value.

Consmangers are not interested in how you feel, they just want the work done quicker and better. Colleagues moral very low in the whole deptarment.

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ok, similar to other banks

Administrative Assistant (Former Employee)

I worked at HBOS

Proslarge company, scope to move about

Conssome politics used Some work harder than others

Advice to Senior Managementknow your satff

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High stress, low pay, poor systems, terrible performance standards model - list list could go on....

Cashier (Former Employee)

I worked at HBOS

ProsIf you are really short of cash and need a job they have a high attrition rate at the lower levels and apparently they take pretty much anyone within reason.

ConsThe targets are fair (specifically excluding the way customer perception is measured), but this may be for the worse. There is a fairly good team attitude.

Advice to Senior ManagementGet rid of the new counter system (ICS) and at the very least admit you got it wrong and that the system is a dog.

No, I would not recommend this company to a friend

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A great place to work if you're interested in retail banking and if you can bear to work outside of London

Head of Product (Former Employee)
Halifax, England (UK)

I worked at HBOS

ProsSome really passionate people
The opportunity to work for a major retail banking brand, in one of the more dynamic / entrepreneurial businesses in the industry (despite its size)

ConsLocation - Halifax (ugh)
A real imbalance in power between P&L centres (i.e. products) and the sales network

Advice to Senior ManagementLeadership needs clear messages and better recognition for *true* stars ... it is important to that staff are recognised, but the value of recognition is debased when everyone seems to be getting a pat on the back for something (normally for just doing their day jobs .. )

Yes, I would recommend this company to a friend

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Great if you're part time, or part of the management clique!

Customer Advisor (Current Employee)

I have been working at HBOS

Prosquite flexible shift patterns
pay is quite good (if you have worked there 3 years!)
optional benefits as part of your salary package are good
staff products are extremely competitive

Consno opportunity for advancement if you are not in the management clique
overlooked in favour 'yes men' for promotion even if you are better qualified
targets verging on ridiculous and certainly inachievable for the majority of staff
'sales before service' culture, despite fsa and goverment regulations to the contrary

Advice to Senior ManagementManagers need to be leaders and motivators, not just agreeing with illegal activities because it gives them a quiet life, stand up against the breaches of FSA/government regulations instead of just agreeing because its easier. Grow up and stop playing with childrens toys at your desks, your in the workplace, not nursery.

No, I would not recommend this company to a friend

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HBOS

Anonymous Employee (Current Employee)
Cardiff, Wales (UK)

I have been working at HBOS

ProsGood people
Excellent work life balance

ConsPay not in line with market

Advice to Senior ManagementStop screwing over internally promoted people with derisory salary increases

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at HBOS reviews and ratings — including employee satisfaction and approval rating for HBOS CEO Lord Dennis Stevenson. All 16 reviews posted anonymously by HBOS employees.