Société Générale

  www.societegenerale.com
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Société Générale Reviews

Updated Jul 31, 2014
All Employees Current Employees Only

2.9 319 reviews

72% Approve of the CEO

Société Générale Chairman and CEO Frédéric Oudéa

Frédéric Oudéa

(83 ratings)

50% 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)

More Highlights
319 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • 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

    • Culture & Values
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    Good

    Analyst (Former Employee) New York, NY

    Prosnice place to learn, grow

    Consnot a french person, hard to promote

    Advice to Senior Managementmore be more systematic and stramlined

    Yes, I would recommend this company to a friend

    • Culture & Values
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    • Disapproves of CEO

    1 person found this helpful  

    Slow-moving culture

    Derivative Sales (Former Employee) New York, NY

    ProsThe greatest pros of working for Societe Generale are the work flexibility, relatively good hours, access to good resources, and the opportunities that open up due to lack of extreme competition.

    ConsThe major cons of working for Societe Generale are a highly bureaucratic culture, fear of change, top management overhang, and a bias towards promoting French employees.

    No, I would not recommend this company to a friend

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

    2 people found this helpful  

    Too much French

    Anonymous Employee (Current Employee)

    ProsNothing good about SG. .Does not matter they move to new office or prime location in NYC until come out from their French world

    ConsFrench top brass do not believe any NON French people ...Every group is pretty much headed by French .Treat US office as their Old time 'Colony' .Suddenly start talking in French during meeting. Not sure why they call global bank ....should call themselves French bank with outshores offices in US ..

    Advice to Senior ManagementNo need to give any advice ..as they do not want to change

    No, I would not 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

     

    good working environment

    Quantitative Research, (Current Employee) New York, NY

    ProsI worked with talented and knowledgeable people

    Conshigh stress for a relatively low compensation

    Advice to Senior Managementpromote more junior people

    Yes, I would recommend this company to a friend

    • 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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    Great place to retire

    Anonymous Employee (Former Employee)

    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!

    • Culture & Values
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    • No Opinion of CEO

    1 person found this helpful  

    Good and nice people but what a mess

    Anonymous Employee (Current Employee)

    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

     

    Very good experience

    Anonymous Employee (Current Employee)

    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...

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

    1 person found this helpful  

    Frustrating

    Anonymous Employee (Current Employee) New York, NY

    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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