HM Treasury Reviews | Glassdoor

HM Treasury Reviews

Updated August 9, 2018
52 reviews

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3.8
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HM Treasury Chancellor George Osborne
George Osborne
12 Ratings

52 Employee Reviews

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  1. "Great place to learn"

    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
    No opinion of CEO

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

    Pros

    Fast paced
    Intelligent people
    Interesting work
    Good work life balance (and flexi leave)
    Good training for graduates

    Cons

    Hard for top performers to progress quickly
    Not great pay


  2. "Really enjoy working here"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Policy Advisor
    Current Employee - Senior Policy Advisor
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Interesting work and great culture

    Cons

    Pay can't compete with private sector

  3. "HMT"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Policy Advisor in London, England (UK)
    Current Employee - Senior Policy Advisor in London, England (UK)
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at HM Treasury full-time (More than 8 years)

    Pros

    Exposure to very high profile issues, rapid pace of change and decision making, scope for progression and skills development as an advisor

    Cons

    Constant demands on time, limited financial compensation despite a range of flexible working benefits if money isn’t a factor

    Advice to Management

    Broaden development opportunities at middle management level, use pay ranges more flexibly to retain talent, focus on inclusion regardless of characteristics rather than based on characteristics


  4. "Working at HMT"

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

    I have been working at HM Treasury full-time

    Pros

    The work is intellectually stimulating. Colleagues are friendly, collaborative and bright. The institution is at the centre of Government and this gives staff direct exposure to many of the most interesting political and policy challenges

    Cons

    By nature some of the work is highly political, reactive and fast-paced. Something to keep in mind for individuals who prefer the more thoughtful and academic side of policy.

    Advice to Management

    Middle managers (both experts and policy professionals) are selected mostly for expertise based on experience. I'd recommend also paying more attention to people-management skills when considering candidates for promotion. HMT senior management care about the quality of management and ample training is encouraged, but embedding this in the promotion process would lead to better quality middle management and improve the culture of the organisation.


  5. "Interesting face-paced work with promotion prospects, if you can handle low pay and being surrounded by 'Treasury types'"

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

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

    Pros

    immediate high level of responsibility and broadly a freindly and engaging working environment. Potentially to work on some really interesting, high-profile policy areas with opportunities for quick progression (although this is highly reliant on luck).

    Cons

    Poor pay and pay progression relative to other competive graduate employers and unlike other Government department they do little to reward specialist skills (e.g. you can get £3.5k for being on the GES in other depts, not HMT).

     'Treasury type' is sadly still very much a thing - white, privately educated, egotistical Oxbridge male. But this is changing. Graduate rotation scheme restricts choice around your rotations so it's partly potluck whether you end up in a policy area you're interested in.

    Advice to Management

    Take you graduate recruitment North of York and focus on hiring from a diverse mix of backgrounds.


  6. "Opportunities, but some trade-offs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Various - Policy, Project and Corporate in London, England (UK)
    Current Employee - Various - Policy, Project and Corporate in London, England (UK)
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Interesting work, provide challenge and plenty of other projects to get involved with
    - A young department, lots of energy and ideas
    - Very supportive mental health network and awareness from senior management on the impact of high stress environments

    Cons

    - Mixed quality of line management, possibly due to the young demographic (need A LOT more attention to improve experiences here)
    - Work/life balance: it's definitely encouraged, and pushed as a priority, but in practice it doesn't feel true to many individuals e.g. part time workers feeling obliged to work extra hours to make up the time or logging on after the kids are put to bed!
    - Pay package compared to other Whitehall departments is low, but you could balance this with the scope and opportunities of work
    - Career progression is limited if you are not looking for a long-term policy role.
     Not a massive downside, but it might put people off who wish to progress in the other professions

    Advice to Management

    Take charge of all change - not just the 'good' strands
    Continue to act on staff survey results - progress so far has been good with new leadership, please continue


  7. "Policy"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great and interesting place to work

    Cons

    No cons to report upon

  8. "Mixed Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Student Economist in City of Westminster, England (UK)
    Current Employee - Student Economist in City of Westminster, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good working environment, flexi-time is great, get a real insight into the functioning of government and Westminster.

    Cons

    Students are not as valued as they ought to be, and often get given the most boring tasks despite their capabilities which often exceed graduates.

    No clear route to a graduate career despite strong performance as a placement student.

    Many graduates complained of lack of progression opportunities.

    Advice to Management

    Fast-track strong performing placement students to a graduate role. Not doing so is a unnecessary recruitment expense.


  9. "Economics Placement Student"

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

    I worked at HM Treasury full-time

    Pros

    Very interesting and varied work, with a high level of responsibility. Very good experience for those looking for a career in economics.

    Cons

    Work life balance could be a bit turbulent at fiscal events. Some processes are out of date, and the high turnover means that some in roles are left with complex information and limited guidance.


  10. "HMT Policy Work"

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

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

    Pros

    Lots of responsibility; interesting work; broad portfolios.

    Cons

    Poor working conditions (not enough desks etc); low salary; long hours.


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