HM Treasury - Interesting work, very varied but poorly paid and career progression will now be difficult given budget cuts | Glassdoor
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Helpful (2)

"Interesting work, very varied but poorly paid and career progression will now be difficult given budget cuts"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Policy Advisor in London, England (UK)
Current Employee - Policy Advisor in London, England (UK)
Recommends

Pros

The work is varied - you are expected to change jobs (internally) every 18 months as a graduate and the job is rarely routine or boring. You are given a lot of responsibility early on because you work in such small teams.

The management structure is very flat meaning that promotion is quicker than in other government departments - it is a good place to start a career especially.

I also feel a measure of pride working at HM Treasury because it is one of those employers that is so instantly recognisable and very high profile.

Working conditions are good, everyone has the option of working from home, 25 days holiday (minimum, rising with service) can be taken at relatively short notice. The system of flexi-time working is excellent; you can take time off in lieu very easily after a busy period.

Cons

Salary is lower than similar grades at other government departments - this is the main complaint. The Treasury can recruit off the back of its reputation rather than having to attract applicants with money. It grinds when you meet useless civil servants from other parts of government on much higher salaries - but then, coming from the Treasury, you can easily get a job anywhere in the public sector if you get too fed up with it.

There is also a bit of a long hours culture, although this is relative to other parts of the public sector. It can be a bit of an unsociable place to work sometimes (people tend to be very focused on their work), although this depends to a large degree on the directorate you work for.

Advice to Management

You need to find some creative ways of motivating your staff - there is a very serious risk of losing anyone who is good over the coming years with the pay freeze and perceived lack of promotion opportunities. It won't take very long for the talent to drain out of the place.

Other Employee Reviews for HM Treasury

  1. "Interesting Place to work but lacks flexibility."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in London, England (UK)
    Former Intern - Intern in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at HM Treasury as an intern (Less than a year)

    Pros

    Good experience of Banking and public sector

    Cons

    No clear career path and bureaucracy.


  2. "Working at HMT"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Deputy Director in London, England (UK)
    Current Employee - Deputy Director in London, England (UK)
    Recommends

    I have been working at HM Treasury full-time (More than a year)

    Pros

    Working at the heart of government, on some of the key challenges facing the UK, varied and interesting work, with talented and motivated colleagues, making a difference

    Cons

    The salary is not great, even for the public sector, and working hours can sometimes be long, although usually with peaks and troughs and management support for flexible working.

There are newer employer reviews for HM Treasury
There are newer employer reviews for HM Treasury

See Most Recent

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