Société Générale Reviews

Updated September 2, 2015
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3.2
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Recommend to a friend
Approve of CEO
Société Générale Chairman and CEO Frédéric Oudéa
Frédéric Oudéa
113 Ratings

Pros
  • Good work life balance sometimes (in 75 reviews)

  • friendly and relaxed working environment (in 16 reviews)

Cons
  • French top brass do not believe any NON French people (in 12 reviews)

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

More Pros and Cons

440 Employee Reviews

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  1. Credit Analyst Intern

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst Intern in Sugar Land, TX
    Former Employee - Credit Analyst Intern in Sugar Land, TX

    I worked at Société Générale (Less than a year)

    Pros

    Great learning experience with interesting projects that are challenging and will keep you engaged.

    Cons

    Fairly hierarchical in company structure


  2. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    I worked at Société Générale part-time

    Pros

    -work/life great -benefits good -smart, charismatic people

    Cons

    -still seem to be finding their way as they attempt to compete with the rest of the bulge brackets

    Advice to Management

    Keep working toward breaking down the P&L walls between the different groups.


  3. Compliance Professional

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Compliance in New York, NY
    Former Employee - Compliance in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Société Générale full-time (More than a year)

    Pros

    environment is very good and work life is balanced

    Cons

    Salary is average not at par per the market

    Advice to Management

    None


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  5. Support Engineer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Support Analyst in New York, NY
    Current Employee - Applications Support Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    International context, working with french people

    Cons

    Compensation, missing honesty with management

    Advice to Management

    Honesty is missing


  6. Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Société Générale full-time (More than 5 years)

    Pros

    Some very nice people work there.

    Cons

    Poor management. 3rd tier bank.

    Advice to Management

    Put more Americans in charge.


  7. Risk

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Analyst in Woodside, NY
    Current Employee - Risk Analyst in Woodside, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Société Générale (Less than a year)

    Pros

    environment is very good and work life is balanced

    Cons

    but the salary is just soso


  8. Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst/Project Manager in New York, NY
    Current Employee - Business Analyst/Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    one extra week of vacation vs other financial firms

    Cons

    no movement or advancement in career

    Advice to Management

    none


  9. Helpful (1)

    Don't work here unless you can't find a job elsewhere

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director
    Current Employee - Managing Director
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Société Générale full-time

    Pros

    working hours are minimal compared with most banks, you can usually work at your own pace, but new business will be hard to come by. health care ok, but now more expensive.

    Cons

    Management doesn't care about its employees, French Management are too removed to know or care what's happening. There is an active double standard for French and non French and Markets employees vs Financing employees. Pay is 1/4 to 1/2 of industry average. Many years pay is down YoY for unknown reasons despite getting great reviews from your Boss. They'll often pay and guarantee to bring on external people from other banks, then these people leave after 1-3yrs when they realize how bad it is or when the guarantee runs out. Risk culture makes no sense. Little potential for upward movement unless you're a French male that went to the right school in Paris. If you are female, work elsewhere, you'll never make it here. Gets into sectors at the top of market, too late and wonders why it never makes top ten in markets. Killed pension in 2012. Bank is a trading shop, not a client focused shop - would prefer not to have active clients and would really prefer to trade all day without speaking with Issuers, which it considers a nuisance to cover and visit. If you're not French, work elsewhere.

    Advice to Management

    None. Not worth the time since they won't listen


  10. Helpful (1)

    Summer Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Société Générale (Less than a year)

    Pros

    People are nice and easy to do networking! diverse culture of people

    Cons

    A lot of individual works. There were no group project at all.

    Advice to Management

    Listen to feedback as with growth, there are always tweaks to keep getting better.


  11. Helpful (1)

    Worst bank on the street...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    No pros at this place. Worst bank on the street to work for. Surprised this place actually gives you a paycheck to work here.

    Cons

    Compensation is pathetic. Front office Juniors are treated like trash with no raises and bonuses range between $0-$5k and not performance dependent. If you're not french and your group is...good luck getting ahead. Constant layoffs, restructurings and the whole works. Junior Analyst work in the front office is more like back office work, thus skill set being built is horrible and nontransferable. Promotions are non-existent and opportunity to be a revenue generator is non existent. Morale is extremely low and the cynicism is unbelievable with negative attitudes all around. Compensation and bonuses have been declining rapidly every single year and will be near $0 for a long time. Turnover is very high.

    Advice to Management

    Hey management, if you're reading this, try paying people for the work they put in instead of hoarding bonuses for yourself and making excuses year after year.



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