Standard Life Investments Reviews | Glassdoor

Standard Life Investments Reviews

Updated January 29, 2017
35 reviews

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Full-time Part-time

3.6
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Standard Life Investments CEO Keith Skeoch
Keith Skeoch
21 Ratings

35 Employee Reviews

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  1. "Intern"

    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
    Approves of CEO

    Pros

    Unbelievable place to work, everyone there is so enthusiastic about your growth and development. Cant wait to see where the company goes

    Cons

    Genuinely can't think of reasons pertaining to why someone wouldn't want to work there, the pay is great too


  2. "Good Employer and Great Benefits package"

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

    I worked at Standard Life Investments (More than 3 years)

    Pros

    Good working environment, great benefits package (especially healthcare) & real team atmosphere in the organisation. A number of talented, hardworking people work there.

    Cons

    In the US, the cons are that most of the big decisions and strategy is decided in the head office, in UK. Time zone differences (5 hrs east coast, 8 hrs west coast) can make things harder.

    Advice to Management

    Focus on making sure the US voice is heard in UK and continue to engender team spirit amongst staff.


  3. Helpful (1)

    "Decent, not a viable long-term career option"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Boston, MA
    Former Employee - Analyst in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Standard Life Investments full-time (More than 3 years)

    Pros

    -Excellent Benefits Package
    -Mostly really good people working there
    -Very good work/life balance, particularly for finance

    Cons

    -Lack of leadership in management
    -Extremely limited growth and career development opportunities. Ambition is met with managerial ambivalence
    -Compensation is below industry average
    -Company seems to prefer to hire from outside or bring employees from UK rather than grow or promote internally
    -As you'd expect, plenty of corporate politics and bureaucracy associated with a large global operation

    Advice to Management

    Pay attention to leadership issues or you will continue to lose talented people


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  5. "Not bad"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in Haines City, FL
    Former Employee - Contractor in Haines City, FL
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Standard Life Investments (More than a year)

    Pros

    Fairly friendly work environment overall.

    Cons

    I was only there a short while

    Advice to Management

    Watch out for the idiot Manager. Don't employ him.


  6. Helpful (2)

    "Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant in Boston, MA
    Current Employee - Assistant in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Standard Life Investments full-time

    Pros

    The health benefits are very generous (you will need them). Beautiful floor plan with great views. Vacation time is fair.

    Cons

    The administrative assistants start out supporting a few individuals and eventually support four to five which is unrealistic without over time, but this is frowned upon and seen as "bad time management." If you do not mind being micromanaged, you will be fine. Salaries are not compatible to the unrealistic expectations of job.

    Advice to Management

    Take Sir Richard Branson's advice - "TRAIN people well enough so they can leave. Treat them well enough so they do not want to."

    Hire Managers that have leadership skills and back their team rather than throwing them to the wolves.

    Most importantly be "Transparent." You are in business is to make money, Letting your Money Maker dream team treat individuals poorly will end up costing you in replacements.


  7. Helpful (1)

    "Good firm, but workplace favoritism can put your career in danger"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Global Investment Specialist in Edinburgh, Scotland (UK)
    Former Employee - Global Investment Specialist in Edinburgh, Scotland (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Standard Life Investments full-time (More than a year)

    Pros

    Standard Life Investments (SLI) has certainly made a name for itself in the recent years with the massive success of its GARS product. It has a lot of good people and a lot of ambition to grow, especially globally. There's a number of interesting investment products the firm has on offer and it's market leading in some important areas

    Cons

    Despite the general innovation-driven culture, there's surprising amount of red tape and bureaucracy across the firm. For example, getting access to the online industry resource can take months... Also, I observed a strong culture of workplace favoritism - the head of the team would have his cohort of "blue eyed boys", who are deemed trustable. This group would get to enjoy all the perks of office life - conferences around the world, leadership courses at Harvard Business School etc... Once you realize you haven't made it to this group you almost feel unworthy and you have to start looking for career opportunities elsewhere. This element could be unique to the team I was part of (Global Product), as I haven't heard of a similar culture in Sales or Fund Management.

    Advice to Management

    Try to retain your best talent - the firm has lost too many key employees to a couple of key competitors


  8. "Great work life balance"

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

    Pros

    Great work life balance. Team oriebtsted culture. Excellent investment team.

    Cons

    Changes can be slow to be adopted


  9. "Culture eroded, running out of control"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Edinburgh, Scotland (UK)
    Former Employee - Anonymous Employee in Edinburgh, Scotland (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Standard Life Investments full-time

    Pros

    There are good people there who want to fix things, and things are fixable. They do eventually realise and act on their mistakes.

    Cons

    A lot of very strong talent has left, and the vacuum in the Front Office has seen some staff over-promoted too quickly. Very slow to adapt to the challenges of growing quickly and have under-invested in the business. Under-invested in talent-retention and succession planning. Culture has been shifting towards a closed, sycophantic one for some time - which is feeding dishonest politics and a me-first behaviour. Lack of senior FO experience has been adding fuel to this fire. Collaboration has been brutally undermined, and the investment process is suffering. A shift to inorganic growth routes and a lack of commitment to how the overlapping Edinburgh/London offices work going forward probably doesn't help.

    Advice to Management

    Invest in talent-retention and succession planning. Invest in the business and be clear about its future.


  10. Helpful (2)

    "Most employees really passionate about the brand"

    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
    Positive Outlook
    Approves of CEO

    I have been working at Standard Life Investments full-time

    Pros

    - Edinburgh is a great location
    - Benefits packages are generous
    - Strengthsfinder means many people are more laid back and mesh well together
    - Becoming bigger, room for long-term job opportunities
    - Opportunities for secondments abroad

    Cons

    - Frustration with slow rate of change or excessive checks
    - Conservative in its protection of the brand

    Advice to Management

    - Make change more fast paced and people will be happier


  11. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Institutional Sales in Edinburgh, Scotland (UK)
    Former Employee - Institutional Sales in Edinburgh, Scotland (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Standard Life Investments full-time (More than 5 years)

    Pros

    Great culture at work, lots of perks

    Cons

    No cons in my experience

    Advice to Management

    Keep up the good work



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