HM Treasury Reviews

Updated January 5, 2015
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14 Reviews
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HM Treasury Chancellor George Osborne
George Osborne
4 Ratings

14 Employee Reviews

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  1. 1 person found this helpful

    Strong sense of purpose, early responsibility

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Policy Advisor in London, England (UK)
    Current Employee - Policy Advisor in London, England (UK)

    I have been working at HM Treasury full-time (more than a year)

    Pros

    Small organisation with large reach so lots of responsibility early on. You are the lead person in your area
    Lots of face time with senior people. Don't need to run everything up and down the management structure
    Open culture. Lots of collaboration across teams, good social side

    Cons

    High turnover. Most of us could earn more in the private sector so people tend to leave if they get to end of a deployment and can't find a new internal posting they like

    Recommends
    Positive Outlook
  2. Great fun but hard work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Policy Adviser in London, England (UK)
    Current Employee - Senior Policy Adviser in London, England (UK)

    I have been working at HM Treasury full-time (more than 3 years)

    Pros

    Wide variety of very interesting and challenging work - advising on policy changes that will make newspaper headlines is always exciting. Relatively non-hierarchical, with senior management generally always willing to listen to ideas and suggestions from everyone, regardless of positon. Promotion can be quick for those who can demonstrate their abilities. Strong team working ethos.

    Cons

    Long working hours - while technically additional hours worked can be taken as time off in lieu, it's not always possible to take full advantage of this. Pay lags behind that of other central Government departments.

    Recommends
    Positive Outlook
    No opinion of CEO
  3. Help manage the UK economy and public finances working alongside some of the best people around.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Policy Adviser in London, England (UK)
    Current Employee - Senior Policy Adviser in London, England (UK)

    I have been working at HM Treasury full-time (more than 5 years)

    Pros

    You are judged on ability and achievement not grade, age or background. Informal but professional, relatively young and unbureaucratic. Impressive, supportive and experienced senior management. Good variety of work. Excellent social networks and nice building with gym and decent canteen. Good pension, generous leave and flexible working patterns are encouraged.

    Cons

    Some people find it hard to deliver consistent quality at pace, politicians can be demanding and idiosyncratic. Need to be resilient, mistakes can be very public. Slight monoculture of intense bright young things. Can be high pressured at peak times and people get stressed. Not many promotion opportunities but the very best get promoted quickly. Pay is less than in other departments but new intermediate grades have been introduced to address this.

    Advice to ManagementAdvice

    Greater focus needed on leadership and management effectiveness rather than intellectual ability or drive.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. Regrettable career move

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Treasury Official in London, England (UK)
    Current Employee - Treasury Official in London, England (UK)

    I have been working at HM Treasury full-time (more than a year)

    Pros

    Exposure to some very interesting and unique challenges, some very intellectual people, location.

    Cons

    Poor work life balance for the junior officials who are actually doing the work. Too many managers who don't seem to do anything productive with their time, but happy to take credit for others work. Any sense of teamwork or collaboration is hard to find. Career progression is virtually non existent and remuneration is very poor compared to other departments.
    Learning and development opportunities are a joke.
    Politics!

    Advice to ManagementAdvice

    Despite claiming to listen and act upon staff survey results very little changes. To much talking up positive changes up when the reality is the impact is minimal.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. A pretty political workplace which offers fantastic opportunities which are quite unique.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Economist in London, England (UK)
    Current Employee - Assistant Economist in London, England (UK)

    I have been working at HM Treasury full-time (more than a year)

    Pros

    Work life balance is fantastic and as well as the pension scheme. You also get opportunities that you will probably never find in the private sector, such as going to the House of Commons to help MPs with debates or to work in the private office of the Chancellor. You also get the opportunity to be a policy lead on a certain topic so you are given proper responsibilities from when you join which is brilliant.

    Cons

    Pay progression is poor, you will likely have to work for more than 4 years before moving to the next range (i.e. senior policy adviser). There can also be periods of time where there is little work to do and it can be a bit of a struggle if you do not have a project to get on with.

    Advice to ManagementAdvice

    Stagger pay so progression is easier and it is something that draw people to HMT, rather than push them away.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. Really interesting, diverse experience at HM Treasury - you really feel at the heart of central government

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Student Economist in London, England (UK)
    Former Intern - Student Economist in London, England (UK)

    I worked at HM Treasury as an intern (more than a year)

    Pros

    High levels of responsibility - involved in one or more policy areas.
    Feel sense of really being involved and making a difference to the formulation of policy in central government.
    Very friendly and welcoming people, interested in you and what you want to get out of the job. Always available to help

    Cons

    Some repetitive data work but not unexpected.
    Peaks and troughs in workload sometimes left you very busy or with little to do.
    Sometimes hard to pinpoint a significant achievement in a day given the fluctuating workload.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. Great place to work, long hours

    Former Intern - Student in London, England (UK)
    Former Intern - Student in London, England (UK)

    I worked at HM Treasury as an intern (less than a year)

    Pros

    Colleagues are excellent; opportunity to do interesting work with clear impact in a fairly small environment. You will be given responsibility early. Large management and senior executive relative to entry level employees means lots of contact and guidance from people with experience. Nice building.

    Cons

    Hours are atypical for the government as a whole. Pay the lowest of any Department (although you are being paid, even as a summer intern).

    Advice to ManagementAdvice

    Turnover still high; small staff total given mandate probably doesn't result in efficiency relative to better expenditure control. Pay could be rescaled in line with MoF practice in other OECD countries.

    Recommends
  9. Great first job but the financial rewards arent great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Policy Advisor in London, England (UK)
    Current Employee - Policy Advisor in London, England (UK)

    I have been working at HM Treasury full-time (more than 3 years)

    Pros

    Huge responsibility given at a very early stage in your career over nationally important issues. Rotating internally means you get a chance to work on a variety of policy areas and develop different skills. High calibre of staff.

    Cons

    Pay is poor relative to other Departments and it takes longer to get promoted. Longer hours than other Departments. Can be a quite chaotic environment as there isnt a culture of compliance or bureaucracy.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. Excellent working environment

    Current Intern - Assistant Economist in London, England (UK)
    Current Intern - Assistant Economist in London, England (UK)

    I have been working at HM Treasury as an intern (more than a year)

    Pros

    High level engagement with senior colleagues. Friendly and stimulating working atmosphere. Flexible working is very helpful.

    Cons

    Pay isn't great but the flexibility and working environment do alleviate that

    Advice to ManagementAdvice

    Nothing specific.

    No opinion of CEO
  11. The power house of central government

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - EProcurement Consultant in London, England (UK)
    Former Contractor - EProcurement Consultant in London, England (UK)

    I worked at HM Treasury as a contractor (more than 3 years)

    Pros

    HM Treasury is a fascinating place to work

    Cons

    Complex, political, difficult to make change happen

    Recommends
    Positive Outlook
    Approves of CEO

HM Treasury Photos

HM Treasury, Parliament Street SW1 (Photo thanks to Geograph user Robin Sones, Some Rights Reserved)
View of the HM Treasury building from Horse Guards Road (Photo thanks to Geograph user Robert Lamb, Some Rights Reserved)
HM Treasury (Photo thanks to Geograph user Paul Farmer, Some Rights Reserved)

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