HM Treasury Reviews | Glassdoor

HM Treasury Reviews

Updated October 12, 2017
41 reviews

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3.7
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HM Treasury Chancellor George Osborne
George Osborne
11 Ratings

41 Employee Reviews

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  1. Helpful (1)

    "Assistant Economist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at HM Treasury full-time

    Pros

    Very interesting work that allows new hires to instantly be at the heart of various policy issues with a lot of responsibility. A great place to start a career in economics after university.

    Cons

    Work life balance could be very turbulent during weeks ahead of major events such as the budget or international meetings.
    Workloads can vary drastically between teams and even members within them of the same level.

    Advice to Management

    Occasionally can be difficult to propose changes from strict procedures that actually result in repeated work between teams.
    Better inductions for student economists would be advisable, as they come in wit less experience than formal graduates yet receive less initial training.


  2. "Policy advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at HM Treasury full-time

    Pros

    Involvement in real decision-making; genuine culture of open doors and interruptibility; they take your development seriously; good colleagues - not all Etonians after all.

    Cons

    Pay is not the best for Civil Service. Plenty of promotion opportunities but very little opportunity for pay increase within one grade. Frequent young graduate intakes with fast employee churn - it's easy to feel old.

    Advice to Management

    Keep listening to Range D jeremiads re. pay, or we'll keep leaving!

  3. 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


  4. Helpful (1)

    "Summer HR/GES Intern"

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

    Pros

    Relaxed work environment with the opportunity to work very flexible hours and from home. Some nice government benefits.

    Cons

    The idea of government bureaucracy is real, things can move very slowly and collaborations with other departments can be disappointing.

    Advice to Management

    Work on better communication between government departments to help streamline processes within the treasury.


  5. Helpful (1)

    "Slick operation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    Pros

    Very slick operation
    Strong management
    High performing colleagues
    High level of influence

    Cons

    Can be a high pressure environment, particularly during fiscal events


  6. 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.


  7. 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.

  8. 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


  9. 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


  10. "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!


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