Société Générale

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Société Générale Reviews in Jersey City, NJ

Updated Feb 22, 2014
All Employees Current Employees Only

2.9 15 reviews

100% Approve of the CEO

Société Générale Chairman and CEO Frédéric Oudéa

Frédéric Oudéa

(2 ratings)

40% of employees recommend this company to a friend

Review Highlights

Pros
  • Work life balance isn't too bad in the right team, making a real push in some areas(in 72 reviews)

  • interesting working environment, global operations(in 23 reviews)


Cons
  • French top brass do not believe any NON French people(in 10 reviews)

  • Career advancement for those who don't come from the Grandes Ecoles / Societe Generale Paris office pipeline can be difficult(in 7 reviews)

15 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great

    Analyst (Former Employee) Jersey City, NJ

    ProsGood company to work for.

    ConsDo no outsource bring jobs back.

    Advice to Senior ManagementKeep the great people and not lay them off.

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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    2 people found this helpful  

    This was a good company to work for about 15-20 Years ago.

    Funds Transfer Analyst/Specialist (Former Employee) Jersey City, NJ

    ProsGreat company to work for.

    ConsThis company is outsourcing operations to Montreal Canada , and Bangalore India.

    Advice to Senior ManagementKeep the good employees when you have them.

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

    • Work/Life Balance
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    Very isolated from everything else

    Analyst (Former Employee) Jersey City, NJ

    Prosworked in IT application development
    - lots to learn and fast pace
    - challenging work
    - technologically advanced compare to most other banks

    Cons- IT help desk department are sloppy
    - little corporate communication/meeting to know what else is going on in the company
    - department is very isolated so no chance to know anyone else in other areas

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    1 person found this helpful  

    Good Place to Work here

    Consultant (Former Employee) Jersey City, NJ

    ProsFriendly People and nice location

    ConsNo job security, frequent layoffs

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    No communication, no support.

    Product Controller (Former Employee) Jersey City, NJ

    ProsI got to meet a few nice people.

    ConsManagement did not know details of the work process.
    There was no communication from management.
    No training from management.
    Fellow employees were not willing to answer questions.
    Minimum 30 day notice required to leave.

    Advice to Senior ManagementSupport the employees in your group. They will be more loyal to the bank, if you do. Know what your employee's jobs are, it will make you a better manager.

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

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Bangaolre is not the answer to all of SG's problems

    Associate (Former Employee) Jersey City, NJ

    ProsDecent Pay
    Decent Benefits
    Relaxed atmosphere (when its not quarter end/year end)
    They're finally updating some of thier most antiquated systems

    ConsManagement acts in crisis mode
    If youre not French, good luck getting ahead
    Short sighted cost cutting/outsourcing initiatives.
    Everyone from the top down stopped trying at least two years ago.
    Inept and understaffed support systems
    sterotypical French laziness and inefficiency at all levels.
    Elitism of the NY office.
    HR is very disconnected with the rest of the company.

    Advice to Senior ManagementConsider the value of ones work when you send it halfway around the world to people who will not go the extra mile.
    Make an effort to get to know your subordinates ans what they really do for you
    Stop exporting inefficiency
    Show some compassion and basic human decency for those who have been impacted and are forced to train thier Bangalore replacements
    SIlos are for Corn!

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    You are in a glass box

    Senior Software Engineer (Current Employee) Jersey City, NJ

    ProsLots of vacation time, especially if you have been with the company for more than 5 years
    Ability to travel to France or other SG locations, if you are lucky
    Until recently, the job positions are fairly stable and secure.
    Most groups and peers are usually very nice to work with.

    ConsIf you are not French, you can only get so far. Definitely a glass ceiling! Also, be prepared to get paid less than everyone else in the industry.
    If you want to advance or get promoted in your career, don't work here. Expect to wait many, many (MANY) years in between titles.
    Lots of politics. Innovation may come from other regions, such as the Americas, but they are usually either ignored or stolen by the Paris office.
    If you work in an office other than the Paris headquarters, you are confined to just doing your tasks, and take an extreme amount of direction from the mother office

    • Work/Life Balance
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    • Approves of CEO

     

    normal

    Anonymous Employee (Current Employee) Jersey City, NJ

    Pros- friendly environment
    - good location

    Cons- lack of communication
    - benefits
    - lack of training

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Fun, very hectic, good collaboration. It is a challenging environment but the mix of European and US culture is a plus

    IT Project Manager (Current Employee) Jersey City, NJ

    ProsGood team
    Good collaboration
    Challenging work
    Lots of variety

    ConsTight project timeframes
    Tight budgets
    Current economic cycle is hitting hard in some areas

    Advice to Senior ManagementDon't let global strategies get in the way of local success

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Ver experience with over 10 years

    Vice President (Current Employee) Jersey City, NJ

    ProsGood working relationship with peers

    ConsManagement ia always being filled with French based employee

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