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Société Générale
2.8 of 5 215 reviews
www.societegenerale.com Paris, France 5000+ Employees
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Société Générale Reviews

Updated May 16, 2013
All Employees Current Employees Only

2.8 215 reviews

                             

71% Approve of the CEO

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Frédéric Oudéa

(34 ratings)

42% of employees recommend this company to a friend
215 employee reviews
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Former Employee – worked at Société Générale

ProsGood employee relations, good infrastructure, no major deadline issues, Some very good Application managers in place from Paris.

ConsNo growth for functional side of IT, Management myopic in a lot of things

Advice to Senior ManagementBecome more agile!

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Current Employee – been working at Société Générale full-time

Prosgreat benefits, people are really nice and helpful

Constoo hierarchical, the organization of the bank is so messy that it affects the business efficiency

No, I would not recommend this company to a friend

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Current Employee – been working at Société Générale

ProsPeople are very nice in the company. It's challenging but relaxing working atmosphere

ConsLanguage. more than 80% people can speak French. If you don't speak French, you'll feel isolated somehow...

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  • Approves of CEO

 

Former Employee – worked at Société Générale full-time for more than 7 years

ProsFun culture, accessible senior management, eye for early talent.

ConsLimited upward mobility for non French speakers (however SG is taking steps to change that).

Yes, I would recommend this company to a friend

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  • Senior Management
         
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  • No Opinion of CEO

 

New York, NY

Current Employee – been working at Société Générale full-time for more than 3 years

ProsOverall talent level quite low, so it is easier to advance

ConsVery little concern for employees by management. Staff development is not considered HR or managers responsibility. There is a significant reorganization once per year, so the managers have to spend significant amounts of time on that rather than managing their teams. There is a large cultural gap between French and American employees in the NY office. Surprisingly, while this may seem obvious, the management and HR do nothing to address or manage the problem of culture and communication. I would agree with many other reviewers, if you do not speak French I would not recommend working here.

Advice to Senior ManagementSettle on an organization and stick with it for at least a year before reorganizing again.

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

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New York, NY

Current Employee – been working at Société Générale full-time for more than 3 years

ProsFavorable work-life balance. Very well-regarded franchise in equity derivatives and other structured products.

ConsBelow market compensation for NYC. Very bureaucratic.

Not necessarily a pro or con, but the New York office is very French. Career advancement for those who don't come from the Grandes Ecoles / Societe Generale Paris office pipeline can be difficult.

Yes, I would recommend this company to a friend

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New York, NY

Former Employee – worked at Société Générale full-time for more than 3 years

ProsFriendly people and reasonable hours.

ConsLots of bureaucracy. When times are bad in France, the firm will sometimes replace American jobs with French ex-pats.

Advice to Senior ManagementImprove the culture to be more efficient.

No, I would not recommend this company to a friend

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1 person found this helpful  

Jersey City, NJ

Former Employee – worked at Société Générale as a contractor for more than a year

ProsFriendly People and nice location

ConsNo job security, frequent layoffs

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  • Disapproves of CEO

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New York, NY

Current Employee – been working at Société Générale full-time for more than a year

ProsMost Americans are friendly- I've met some nice people

ConsNo career development help from HR or managers
Horrible systems
Disproportionate work distribution within same group (some people do nothing all day, while all the work is dumped on a few select/smarter employees)
French vs. American culture
Low work morale for Americans

Advice to Senior ManagementCut middle management
Better work distribution, trim the fat if you have to since this will raise salary/morale of the hard workers

No, I would not recommend this company to a friend

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  • Senior Management
         
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  • No Opinion of CEO

1 person found this helpful  

New York, NY

Former Employee – worked at Société Générale full-time for more than 7 years

ProsGreat vacation policy, solid benefits.

ConsManagement is too busy playing politics and blaming others to participate in actual work.
Very few employees willing to help others - a culture that comes from the top down. Issues are always someone or some other team's problem.

Advice to Senior ManagementFire most of your middle management and hire (or promote) people that have positive attitudes and promote a positive work environment.

No, I would not recommend this company to a friend

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