HM Treasury Reviews | Glassdoor

HM Treasury Reviews

Updated October 25, 2016
7 reviews

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3.0
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HM Treasury Chancellor George Osborne
George Osborne
1 Rating

7 Employee Reviews

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  1. Helpful (3)

    "Revolving Door"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at HM Treasury full-time

    Pros

    Great opportunity to work with some incredibly intelligent people at the forefront of issues facing the UK.

    Cons

    Work life balance varies greatly and is dependent on manager and director. The lack of consistency is frustrating. Pay level is quite low and the rigidity of roles means a hard slog.


  2. "Senior Policy adviser"

    Star Star Star Star Star
    • 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.


  3. "Great exposure to workings of central government"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very intelligent, hard working civil servants, exposure to all key policy areas in Government, can support with key fiscal events

    Cons

    Limited exposure to industry, salary not competitive


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  5. "Good exposure"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern in Newcastle upon Tyne, England (UK)
    Current Employee - Intern in Newcastle upon Tyne, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at HM Treasury (Less than a year)

    Pros

    Intelligent, bright employees. Good work life balance

    Cons

    Bureucracy, elitist. Glass ceiling in terms of progression for those who didn't attend a top 5 university.

    Advice to Management

    Give all employees an equal chance. Diversity is a core value of the civil service, the opposite exists within the realms of senior civil servants


  6. "paralegal"

    Star Star Star Star Star
    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good teams and interesting cases. Very good learning environment

    Cons

    Micromanagement and long hours and casework can be heavy


  7. "Great first job but the financial rewards arent great"

    Star Star Star Star Star
    • 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)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Huge responsibility given at a very early stage in your career over nationally important issues. Rotating internally means you get a chance to work on a variety of policy areas and develop different skills. High calibre of staff.

    Cons

    Pay is poor relative to other Departments and it takes longer to get promoted. Longer hours than other Departments. Can be a quite chaotic environment as there isnt a culture of compliance or bureaucracy.


  8. Helpful (4)

    "Interesting place to work. Could and should be so much better."

    Star Star Star Star Star
    • 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)
    Recommends
    Neutral Outlook

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

    Pros

    A lot of responsibility early on and this particularly shows when you work with other Government Departments.

    Variety of jobs in many different policy areas.

    Treasury sits at the heart of Government and if you like politics, come Budget time, it can be a very exciting place to be.

    Cons

    Pay. Management have been dancing around this for years but the simple fact is for the level of responsibility we have and the work we do, we are poorly paid. Of course this works in senior management's favour as work at Ranges D and E (just below Senior Civil Service) level is extremely competitive. But this has bred an environment where to prove how good you are, you have to show that someone else is rubbish and there is a great deal of sycophancy or 'game playing.' Normal, you may think but a key criticism of Treasury policy development in many quarters is that few are willing to challenge the orthodoxy - to get ahead you need to nod your head and agree with everything senior management says, even if you know they are wrong. The work we do (tax and spend) is too important to be left to the whims of the uber ambitious few.

    There is a very much a 'Treasury type' and cliquishness in many Groups and teams. Bad luck if you don't fit in.

    Lack of a world view. The demograph Treasury attracts (or chooses to select) means that you will time and time again come across individuals with no 'life experience' beyond a very comfortable upbringing and university. In many areas there is little appreciation for the real world impact of policies or a willingness to even try and understand. External stakeholders and other government departments criticise Treasury's lack of experience and understanding time and time again but there doesn't appear to be a willingness to address this.

    Biannual appraisal process means there is a tendency among management to wait until appraisal time before letting you know that you did something wrong or there was/is a better way of doing it. Continuous feedback is much more useful.

    Level of staff turnover is diabolical.

    Advice to Management

    Stop talking in cliches. Yes Treasury is an interesting place to work but that doesn't mean we want to work for free.

    Senior Civil Servants on £100k+ pa stop telling us we're all in this together. We know we're not so please don't insult our intelligence.

    If you truly want staff to have a better work life balance - do something about it i.e. better resource teams. If not, stop encouraging something you know is unattainable in an environment like Treasury.



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