Standard Bank Group Reviews | Glassdoor

Standard Bank Group Reviews

Updated March 6, 2017
184 reviews

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Full-time Part-time

3.9
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Jacko H. Maree
47 Ratings

184 Employee Reviews

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Pros
Cons
  • The Standard Bank of South Africa Limited is one of South Africa's largest financial services groups (in 6 reviews)

  • its business agility (decision making and technology) is not at par with Tier 1 financial institutions (in 5 reviews)

More Pros and Cons

  1. "International Culture go wrong"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Banking Relationship Manager in New York, NY
    Former Employee - Business Banking Relationship Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Standard Bank Group full-time (More than a year)

    Pros

    Easy to under KRA's with regular contract discussions.
    Business casual dressing allowed all week long with a culture of first name basics all around the bank
    Early closing hours and this is far better than all other banks in the local market.
    Reasonable targets and budgets

    Cons

    Erosion of best international culture laid down by South Africans by the colored locals in charge who brought in the wrong abusive and master servant behaviors from the local banks.
    HR business partners and the medical team are no good in resolving conflicts or other issues, the boss is the master and always right is the best you get from them

    Advice to Management

    Keep the culture as it is and let your word be your bond. Do talk and the walk too and stop the inflow of the local and primitive approach to issues and conflicts on the job


  2. "Relationship Manager - Corporate Banking"

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

    Pros

    - Sufficient training
    - Good compensation
    - Great benefits
    - Managers fairly well trained

    Cons

    - Large bank so fairly bureaucratic

    Advice to Management

    Work on reducing the bureaucracy


  3. "Snr Portfolio Manager IT"

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

    Pros

    Good Work ethic and excellent benefits. Room for growth.

    Cons

    Affirmative Action really prevented people from getting promotions they deserved


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Great Place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends

    I have been working at Standard Bank Group (More than 8 years)

    Pros

    Relative Work life balance, great family values

    Cons

    Remuneration not competitive with industry peer


  6. "Senior Project Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Senior Project Manager in Nw Plaza, MO
    Former Employee - Senior Project Manager in Nw Plaza, MO

    I worked at Standard Bank Group (More than a year)

    Pros

    They take care of employees

    Cons

    So many people in IT


  7. "Ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Standard Bank Group full-time

    Pros

    Good people and work life balance

    Cons

    Lack of mega deal exposure

    Advice to Management

    Invest in your junior people


  8. "director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook

    I worked at Standard Bank Group full-time (More than 10 years)

    Pros

    quality of work environment

    Cons

    management lack of foresight in business cycle


  9. "Good"

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

    I have been working at Standard Bank Group full-time

    Pros

    Stable company with a strong focus

    Cons

    Slow career trajectory, lots of fat that needs trimming in the organisation


  10. "Teller"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in Nairobi (Kenya)
    Current Employee - Bank Teller in Nairobi (Kenya)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Standard Bank Group full-time (More than 10 years)

    Pros

    The Bank is doing so well.

    Cons

    The bank is well managed.


  11. "okay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Standard Bank Group full-time

    Pros

    good pay good environment to work in

    Cons

    way too many standup meetings

    Advice to Management

    listen better



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