Société Générale Reviews in United Kingdom | Glassdoor

Société Générale UK Reviews

Updated July 24, 2017
110 reviews

Filter

Filter

United Kingdom

2.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Société Générale Chairman and CEO Frédéric Oudéa
Frédéric Oudéa
31 Ratings

110 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • The company is more suitable for those people who priortize work life balance (in 17 reviews)

  • rythme de travail un peu cyclique (in 32 reviews)

More Pros and Cons

  1. "Good to całych experience"

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

    I have been working at Société Générale full-time (More than 10 years)

    Pros

    Lot of knowledgeable people to learn from, if one chooses to.

    Cons

    Biiig corporation, hard - in most cases to have/build dynamic career path.

    Advice to Management

    More involvement of HR in building the strategy - people come first, not clients. If people are treated accordingly, clients will be well managed as well.


  2. "Decent place to work and chilled"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Applications Support Analyst in London, England (UK)
    Former Employee - Applications Support Analyst in London, England (UK)
    Doesn't Recommend
    Negative Outlook

    I worked at Société Générale full-time (More than a year)

    Pros

    Chilled atmosphere
    Nice culture
    Good work life balace
    good development

    Cons

    Poor salary
    poor bonus
    not any clients

    Advice to Management

    Larger salaries and bonus to loyal staff

  3. "Good company to start"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Valuation Analyst in City of London, England (UK)
    Former Employee - Valuation Analyst in City of London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Société Générale full-time (More than a year)

    Pros

    Small bank, French language learning opportunities

    Cons

    Politics, French overrepresented, bad IT systems and support


  4. "Junior salesperson"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Junior Sales in London, England (UK)
    Former Contractor - Junior Sales in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Société Générale as a contractor (More than a year)

    Pros

    Leader in equity derivatives
    People on the trading floors are generally friendly and helpful

    Cons

    Very little room for advancement of junior staff
    Weak middle and back office putting unnecessary pressure on the front office
    Little training

    Advice to Management

    Senior management talk a lot about how Societe Generale encourage junior staff to develop. In practice, little is ever done or even proposed


  5. Helpful (3)

    "Cronyism, nepotism, inequality & ineffectual management based on favouritism not skill"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in City of London, England (UK)
    Current Employee - Assistant Vice President in City of London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Société Générale full-time (More than 5 years)

    Pros

    If you have a family member working here, you are most likely to be offered the role, promoted, or given a larger bonus.

    If you are a Lady planning to have a family one could say your outlook is good, and you are likely to be promoted upon your return to the office.

    Cons

    You are unlikely to be considered for a higher management role unless you speak fluent French, although the business language is English.

    Annual compensation review is not based on a true analysis of your achievements, ratings are purely on perception of your manager. Performance endorsed by key stakeholders are not truely considered. Challenging your manager's ratings creates negative ramifications for you for not respecting your managements decision.

    The offshoring process ensures that those with most experience, the older staff, the more costly salaries are the first to go. Offshore training is weak by staff who know their role is ending and have no motivation to train their offshore replacements well. This leave us who are left to deal with poorly trained offshore teams who are unable to fix issues we encounter speedily, or they do not understand why they are doing certain parts of the process so when an issue arises they have not the ability to work around it.

    Everything is about budget, and the budgets are not planned effectively enough at the start considering the years objectives for development and improvement.

    Coordination between departments and teams is inefficient. Communication between different lines of the business is siloed and fraught with disagreement.

    Problems with processes are so embedded that staff cannot easily make solutions work.

    Nothing is delivered on time.

    Advice to Management

    Reducing hirings of unqualified family members of current staff, for it is a burden on us who have to train them and then correct their continual mistakes in BAU, while they are protected by their family member in higher company positions.

    Notice that there are many staff who have left are returning back to this company, this is not because the culture at this company is better than others, this is because these individuals have struggled working in a more efficient target driven environment and they have been unable to succeed in their new company, they are coming back here because they know that working here is an 'easier ride' than at other companies. Realise it is not a complement to you that they wish to return, it shows that the skills they gained from working here were not competitive or up to the standard expected at the company they moved to.

    Learn the names of the people in your teams and what their roles are.

    Improve your compensation review process.

    Transfer knowledge and information down the chain of hierarchy. Information will spread like wildfire with incorrect details when you do not formally communicate effectively to the entire structure.


  6. "Ex-employee"

    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

    Pros

    - The company offers possibility to take initiatives
    - Good atmosphere among the teams

    Cons

    - Work very long hours
    - Teams understaffed
    - Poor perspective of promotion internally

    Advice to Management

    - Reward better your employees
    - Offer more opportunities to employees to participate in strategical decisions impacting local teams


  7. "Associate"

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

    Pros

    Very good work life balance

    Cons

    Below average compensation and benefits

    Advice to Management

    Bring pay in line with competitors

  8. "SGCIB"

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

    I worked at Société Générale full-time (More than 10 years)

    Pros

    Fully Support career development and movement throughout the organization
    Excellent benefits package
    Mature management structure and business

    Cons

    Decision making can be slow and over complicated

    Advice to Management

    Listen to your staff!


  9. Helpful (1)

    "French bank taking slow decisions, also with a very strange policy for compensations (increase of salary, bonus)"

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

    I have been working at Société Générale full-time (More than 8 years)

    Pros

    Good balance between pro and private life.
    Good team spirit.
    Good bank focused on technology
    Opportunities to work in many countries as it is a worldwide bank

    Cons

    Basic salary lower than in the others banks
    Bonus lower as well (and still decreasing)
    Always moving the staff around the 3 buildings
    Always taking bad decisions even if others failed before (Work From Home extended to permanent staff to reduce by 20% the available desks)

    Advice to Management

    Stop spending money in moves
    Start doing proper evaluation, staff working hard are fed up not being considered during the Bonus Day - you'll use the best people at some point


  10. "Not a good place to work"

    StarStarStarStarStar
    Former Intern - Anonymous Intern in London, England (UK)
    Former Intern - Anonymous Intern in London, England (UK)
    Doesn't Recommend

    I worked at Société Générale as an intern (Less than a year)

    Pros

    More friendly environment than bulge brackets

    Cons

    No dealflow, salary below the street


Showing 110 of 1,693 reviews
Reset Filters