Société Générale Reviews

Updated August 25, 2014
Updated August 25, 2014
338 Reviews

3.1
338 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Société Générale Chairman and CEO Frédéric Oudéa
Frédéric Oudéa
87 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Equity trading

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trading  in  New York, NY
    Current Employee - Trading in New York, NY

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

    Pros

    good reputation on some niche business . easy location. and easy to shine in a non always competitive environment . decent portfolio of clients, which brings business.

    Cons

    high dependence to the paris headquarter, even when they don't understand the us business in France. Lot of politics games in this bank. salaries and bonus are non competitive.

    Advice to ManagementAdvice

    upgrade the salaries, upgrade some teams.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    good luck getting ahead

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale

    Pros

    interesting projects, but that's about it.

    Cons

    hard to feel any sort of progress

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Be wary of the French.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Front Office Developer  in  New York, NY
    Current Employee - Front Office Developer in New York, NY

    I have been working at Société Générale as a contractor for less than a year

    Pros

    The firm is very conveniently located to Grand Central for me. A short 2 block walk to the office from the train. Bonus points to the underground connection so I do not have to go outside.

    Work hours are surprisingly relaxed, vacation time is very french, and benefits are very good.

    Cons

    There is a stigma about french people getting undeserved promotions. There is some truth to that I guess in the middle and back office. In the front office, it's a lot more like a meritocracy largely I think because of the simple fact that there are hard numbers and analytics to measure performance.

    Some people prefer talking in French. I get that it's a french bank. And languages are not really my specialty. Learning fluent financial french is not something I enjoy, but I'm doing what I can to better fit with the group.

    Upward movement is a little capped. I don't think there is a non-french head of anything.

    Outright pay doesn't really compare much with the street. But to be fair, most of the street doesn't give 4-week vacations.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Associate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale

    Pros

    friendly and relaxed working environment

    Cons

    hard to do business and below market comp

  6.  

    General working enviroment

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale

    Pros

    Was an easy-going working environment, not too much of the typical investment banker nastiness. Nice social group of people. Salary was also not bad.

    Cons

    Not much room for growth in my position, and not much initiative relating to trying to improve things - everyone just does their job and goes home.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good, strong in equity

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale

    Pros

    Relaxed environment for a investment bank

    Cons

    Compensation
    Need to have some affinity for French

  8. 1 person found this helpful  

    Good learning experience, but no real opportunities to move ahead.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Hedge Fund Risk Intern  in  New York, NY
    Current Employee - Hedge Fund Risk Intern in New York, NY

    I have been working at Société Générale as an intern for more than a year

    Pros

    - The staff is very friendly
    - There are many opportunities to learn about different departments
    - There is a lot of flexibility with holidays/vacation
    - Great office location

    Cons

    - The main con is that there is not much opportunity for upward advancement. The best bet is to either get comfortable in your position or find another firm eventually. But still a great company

    Positive Outlook
    Approves of CEO
  9.  

    Didn't give me much tasks as an intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Société Générale

    Pros

    - The people working there were obviously smart and knew their stuff.
    - The hours were good, class market hours from around 7 am to 6 pm.

    Cons

    - I did not get much work as an intern, mostly working on small projects for my supervisor.
    -My boss most of the time was busy trading rather mentoring me, which is understandable.

  10. 4 people found this helpful  

    The world of dead front office technology, robotic managers and cultural silos... run for the hills

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Front Office IT  in  New York, NY
    Former Employee - Front Office IT in New York, NY

    I worked at Société Générale full-time for more than 3 years

    Pros

    none if your non French

    Cons

    The front office technology is the worst I have seen at any bank. It does not work and its overly complicated. Everyone in IT and quant dev are hostile, they work in technology silos and they all have hidden agenda's. More emphasis is placed on the education you have rather than the actual creation of the idea for example only people from the top Ecole's are suppose to have ideas everyone else is a dog. Do yourself a huge favor avoid this bank at all costs you will writing off a few years of life with nothing to show.

    Advice to ManagementAdvice

    It wouldn't matter what I said their are hundred layers between people who do the work and those that drive the banks course, its that far removed..

    Doesn't Recommend
    Disapproves of CEO
  11. 1 person found this helpful  

    Very satisfied

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Société Générale full-time for more than a year

    Pros

    The business in NY is going through a great transformation. New building provides a good, modern environment. Compared with other banks in NY, SG seems to be on a positive trend.

    Cons

    Delegation could be handled better-

    Advice to ManagementAdvice

    Continue to create well trained teams and provide incentive for employees to pursue internal opportunities.

    Recommends
    Positive Outlook
    Approves of CEO

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