Where to begin - Anonymous employee Standard Life plc Employee Review

2.0
Feb 1, 2024
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some decent people, recently changed the pay structure to reflect minimums and maximums for your role. Good bonuses. Some internal opportunities. Remote working.

Cons

- SEVERE lack of ethnic diversity. Marketing is a complete mess. - Everyone is overworked. - There's not nearly enough staff for the workload. - As a result everyone is under immense pressure and stress. - This results as an insanely pressurised environment that has no room for mistakes, or learning. - The culture then creates a tense atmosphere where people are getting more and more short and aggressive towards one another. - The only way to survive is to be in a clique with the land-grabbers and attention-seekers who only serve themselves and the talentless - CMO that thrives on making people work late and work weekends, otherwise they see you as not working hard enough. - HR are useless - There's no empathy for human beings in this company. Prepare for the cold shoulder if you go off sick or want to take time off. - CMO has problems with people taking time off during Christmas and Easter, so you'll have to fight to have those days off if you want to celebrate your religious holidays or spend time with your family you barely see because they've asked you to work so much. - Some colleagues have experienced calls at 11pm from the CMO, some working into the early hours as a result. - Edinburgh office is a cold and lifeless place - London office environment the same - End of Year ratings make no sense, there's a ratings tier they have that's impossible to reach so you'll never get the maximum bonus, ever. - Culture of accepted racism with colleagues openly calling someone 'coloured' on Teams calls with internal staff and external agency staff. - New starters are the people I truly empathise with, they've been sold something that doesn't exist at Phoenix.

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Standard Life plc Response
2y
Thank you for taking the time to share your feedback. I am surprised by your review and concerned by the specific nature of your comments as this is not feedback we are hearing more broadly. We have not received any internal feedback or complaints regarding any of the points mentioned in your review. We have confidence in our people and in our business, as demonstrated by the facts mentioned below, and the internal feedback from our colleagues does not align to the points mentioned. I acknowledge your comments and would like to understand if there is any evidence to support this so that we can support you and address these specific points. I recommend you raise these comments via our internal channels which would be via your HR representative, People Leader or the confidential HR advice line. You are also welcome to contact me directly. We value diversity in all its forms. Racism is not accepted, and we take allegations of this nature seriously. In March 2023 we published our first ethnicity pay gap report, from April to September we ran ‘Inclusive Leadership’ training for our People Leaders and aspects of our recruitment process were classed as ‘Best in Class’ for all diversity lenses in a recent external audit. Our target for ethnicity representation across the Group was 13%, and we ended the year on 14.8%. This is published internally and externally for full transparency. We know that there’s more to do and I acknowledge that based on your review, some of this has not transpired in to your personal experience. Whilst your comments are not something we’re seeing anywhere else in the organisation, we are committed to continually taking on feedback, adapting our training and continuing to improve, so again, please get in touch using the contacts I mentioned above so that we can understand more about your specific experience. It’s impossible for us to help if we aren’t aware of this internally and we aren't seeing feedback of this nature relating to our CMO or the business more broadly in any other channel. We passionately believe that flexible working can help everyone thrive at Phoenix and embrace our differences across the business. What this means is that some people may choose and be able to work at different times of the day to fit around their home lives, but there is no expectation for other people to work to accommodate these different working arrangements. It is not a commonly held view that flexible working or annual leave is a challenge and your feedback describes a very specific instance that we are not aware of. Again, please contact me so we can understand more. Thank you again for taking the time to share your feedback. Whilst it’s good that you have some positive experiences, I recommend that you raise some of the specific points raised internally via the appropriate channels so that we can help. Please be assured that any further information you provide will be treated confidentially. Jane Avison Head of Talent Acquisition Operations & Employer Brand

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Standard Life plc Response
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Thank you for the positive review and kind words about Phoenix Group - we're glad to hear you've had such a great experience. We did notice the location listed as New York, where we don't currently have offices, so just wanted to check if this review was intended for us. We appreciate the feedback. - Senior Employer Brand Partner
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Standard Life plc Response
1y
Thank you for taking the time to share a review. We're really glad to hear that you've enjoyed making good friends and having fun at work. Building a positive team dynamic is something we value highly and it's great to know that this has been your experience. We appreciate your feedback about the benefits and pay. Our reward package is made up of salary, annual bonus, generous pension, private medical cover and much more. We're always seeking to improve, so please feel free to reach out to your manager or HR to share any specific suggestions on how we could better support you. Thank you again for taking the time to share your feedback with us. Senior Employer Brand Partner
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