Société Générale

www.societegenerale.com

Société Générale Reviews

Updated January 20, 2015
Updated January 20, 2015
379 Reviews
3.2
379 Reviews
Rating Trends

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

Review Highlights

Pros
  • Work life balance isn't too bad in the right team, making a real push in some areas (in 75 reviews)

  • Was an easy-going working environment, not too much of the typical investment banker nastiness (in 16 reviews)


Cons
  • Extremely limited opportunities for non French speakers, zero interest by the managers in developing employees (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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Slow-moving culture

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

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

    Pros

    The 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.

    Cons

    The 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2.  

    good working environment

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

    I have been working at Société Générale as an intern (less than an year)

    Pros

    I worked with talented and knowledgeable people

    Cons

    high stress for a relatively low compensation

    Advice to ManagementAdvice

    promote more junior people

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Very isolated from everything else

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Analyst in Jersey City, NJ
    Former Employee - Analyst in Jersey City, NJ

    I worked at Société Générale full-time (less than an year)

    Pros

    worked 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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  5. 1 person found this helpful  

    Good and nice people but what a mess

    • 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 full-time

    Pros

    great benefits, people are really nice and helpful

    Cons

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great place to retire

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

    I worked at Société Générale

    Pros

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

    Cons

    No growth for functional side of IT, Management myopic in a lot of things

    Advice to ManagementAdvice

    Become more agile!

    Neutral Outlook
    Approves of CEO
  7.  

    Very good experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Société Générale

    Pros

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

    Cons

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

  8. 1 person found this helpful  

    Frustrating

    • 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 (more than 3 years)

    Pros

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

    Cons

    Very 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 ManagementAdvice

    Settle on an organization and stick with it for at least a year before reorganizing again.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Typical European investment bank culture

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

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

    Pros

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

    Cons

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

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Better work life balance but lower pay than competitors. Difficult career traction for non-French.

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

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

    Pros

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

    Cons

    Below 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.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Good Place to Work here

    Former Employee - Consultant in Jersey City, NJ
    Former Employee - Consultant in Jersey City, NJ

    I worked at Société Générale as a contractor (more than an year)

    Pros

    Friendly People and nice location

    Cons

    No job security, frequent layoffs

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