Société Générale Reviews

Updated July 30, 2015
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426 Employee Reviews

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  1. Typical European investment bank culture

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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).


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

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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.


  3. Good place to learn.

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Friendly people and reasonable hours.

    Cons

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

    Advice to Management

    Improve the culture to be more efficient.


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  5. Helpful (2)

    Financial Analyst

    • 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

    I have been working at Société Générale full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

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

    Cons

    No 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 Management

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


  6. Helpful (2)

    An extremely frustrating place to work at times

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

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

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

    Pros

    Great vacation policy, solid benefits.

    Cons

    Management 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 Management

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


  7. Helpful (1)

    Very French

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

    I have been working at Société Générale full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Growing in the Americas, Decent risk culture

    Cons

    Hard culturally, everything must go through Paris, lots of power politics

    Advice to Management

    Fire senior managers, create a flatter structure, give more independence to the Americas branch


  8. Helpful (3)

    learned a bit there, but no advancements.. everyone speaks in french unless they have to ask you something

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

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

    Pros

    smaller than US banks so its easier to get to know everyone in the business..

    Cons

    You will not advance unless you are french. 2nd class citizen... I can't even read half of my emails. My boss still continues to write some of his emails in french when he knows I don't understand.

    Advice to Management

    it's divide can't be anymore obvious.. They need to do something about the American/French culture divide


  9. No communication, no support.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Controller in Jersey City, NJ
    Former Employee - Product Controller in Jersey City, NJ

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

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

    Pros

    I got to meet a few nice people.

    Cons

    Management did not know details of the work process. There was no communication from management. No training from management. Fellow employees were not willing to answer questions. Minimum 30 day notice required to leave.

    Advice to Management

    Support the employees in your group. They will be more loyal to the bank, if you do. Know what your employee's jobs are, it will make you a better manager.


  10. Good benefits. Nice people.

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

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

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Good benefits. Nice people. Good company for people who have families.

    Cons

    Systems have a lot of issues. Work has been slow due to euro crisis. Not recommended for entry level analysts who want a fast paced environment with deadlines.


  11. Helpful (2)

    dysfunctional environment

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

    I have been working at Société Générale full-time (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    can take vacations mostly ok work life balance, unless they fire your team and leave you to do the work of four people

    Cons

    bad management short sighted promotions based on considerations other than competence not friendly management environment for women.

    Advice to Management

    it's ok to have to downsize the us footprint, it's ok to have to cut headcount, but it's very unfortunate when you push out the smart people and promote the mediocre. what i've seen happen over the last year is smart people leave for other companies (Credit Suisse, Bank of America) or retire. Especially bad place for women. Since Diony Lebot left (first woman CEO in the US), it's gotten much worse. more than 100 people have left since the last round of layoffs and most of them are female because the work environment is so poor.



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