HM Treasury Reviews in London, England | Glassdoor

HM Treasury London Reviews

Updated August 16, 2017
27 reviews

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London, England (UK)

3.7
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HM Treasury Chancellor George Osborne
George Osborne
8 Ratings

27 Employee Reviews

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  1. Helpful (1)

    "Interesting high profile work, great corporate culture, poor line managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Policy Adviser in London, England (UK)
    Current Employee - Policy Adviser in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HM Treasury (More than 3 years)

    Pros

    Work is fascinating and high profile
    It's a fairly flat structure, so there's little hierarchy
    Very streamlined- little unnecessary bureaucracy
    HR and laptops good

    Cons

    Line managers in general were poor, particularly at range E(1) level
    Sometimes there is no work/life balance

    Advice to Management

    Find a better way to escalate line management problems


  2. Helpful (1)

    "Student Economist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Recommends

    I worked at HM Treasury full-time (More than a year)

    Pros

    Great exposure to the Government and how politics is involved with policy decision.
    Experiences such as going into Number 10, meeting with chief economist at IMF, and talks by famous economists.

    Cons

    Very bureaucratic, understand now why nothing in the government ever gets done someone always has to get clearance from the person above.

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

    StarStarStarStarStar
    • 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.


  4. Helpful (1)

    "Working at HMT"

    StarStarStarStarStar
    • 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.


  5. "Would completely recommend despite problems."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Fast Stream Summer DiversityProgrammer Student in London, England (UK)
    Former Intern - Fast Stream Summer DiversityProgrammer Student in London, England (UK)
    Recommends
    No opinion of CEO

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

    Pros

    Very intelligent, supportive, well-intentioned and hard-working colleagues. Many opportunities to gain exposure to and experience in important policy areas and contribute positively to these projects at various stages. Relatively high level of responsibility from early on.

    Cons

    Pay is better compared to other parts of the Civil Service but it could be higher still to reduce attrition of Treasury colleagues. Degree of confusion regarding 'how things work' and 'what's going on in Government' is sometimes not adequately conceded or revealed; this is also somewhat worrying.

    Advice to Management

    Too hierarchical - this stunts idea formation and transmission. Need to improve transparency in the policy making process for public good.


  6. Helpful (1)

    "Great staff, mixed culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Deputy Director in London, England (UK)
    Former Employee - Deputy Director in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at HM Treasury full-time (More than 5 years)

    Pros

    Amazing quality of peers, flat structure, ability to influence, performance culture - high caliber people to learn from

    Cons

    Some arrogance amongst certain senior staff, "treasury royalty" etc; instinctive aversion to collaborating and sharing information amongst those who rose in the Brown years; cavalier attitude to motivation and retention of staff

    Advice to Management

    High turnover rates reflect a number of things, and not all are desirable - yes, weak staff tend to filter away but so do many excellent people who could be future assets if they felt more welcome, which exclusive insider culture can prevent


  7. Helpful (2)

    "Policy Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Flexi time
    Interesting work
    smart people overall
    HMT is highly reputable so looks goood on CV

    Cons

    bad culture
    depends where your placed
    no training

  8. "Great Place with Great People"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Intern in London, England (UK)
    Former Employee - Summer Intern in London, England (UK)
    Recommends
    Positive Outlook

    Pros

    Very nice building and area
    Staff members (from my team and other teams) are all very friendly
    Good collegiate environment
    Huge canteen which does some lovely breakfast too

    Cons

    The nice lunch places are a good 10-15 minute walk away!
    Although most the local cafes (starbucks, costa etc) are 5 minutes away!


  9. Helpful (1)

    "HMT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Head of Management Accounts in London, England (UK)
    Former Employee - Head of Management Accounts in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    At the cutting edge of HM Governments civil service, fantastic quality of staff, excellent IT, fantastic building to work in

    Cons

    Low pay, poor staff retention, inordinate competition at the top, slow to change at the top, too quick to let valuable staff go, poor relationship with OGD

    Advice to Management

    Address Low pay, poor staff retention, inordinate competition at the top, slow to change at the top, too quick to let valuable staff go, poor relationship with OGD


  10. Helpful (1)

    "Senior Policy adviser"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Policy Adviser in London, England (UK)
    Current Employee - Senior Policy Adviser in London, England (UK)

    Pros

    Get lots of responsibilities and exposure to senior stakeholders even at a junior level.
    Good work/life balance
    Young and dynamic staff

    Cons

    The use of resources (i.e. how much time and efforts staff spend on some projects) is not always strategic.
    Lack of exposure to industry and "real-world"

    Advice to Management

    Some senior managers needs to be more transparent with their teams on corporate issues and opportunities.
    Make sure that your team feels empowered when starting a project.


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