Standard Chartered Bank

  www.standardchartered.com
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Standard Chartered Bank Reviews

Updated Jul 26, 2014
All Employees Current Employees Only

3.5 561 reviews

90% Approve of the CEO

Standard Chartered Bank Group CEO Peter Sands

Peter Sands

(225 ratings)

76% of employees recommend this company to a friend

Review Highlights

Pros
  • Work-life balance does exist, but there are some individuals who slog like slaves(in 47 reviews)

  • Nice working environment inside the company(in 38 reviews)


Cons
  • work life balance based upon projects(in 19 reviews)

  • long working hours, low pay, no recognition at work unless youre an indian(in 15 reviews)

183 Employee Reviews Back to all reviews
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in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Strong Performance Focus. Average Vision

    Anonymous Employee (Former Employee)

    ProsStrong Brand within APAC. Strength lies within Corporate /Institutional Banking

    ConsPoor Talent Management. Poor Culture, In fighting between Sales, Credit and Collections. Political. No real strategy to dominate in the market. Leadership cocooned within UK rather than the emerging markets

    Advice to Senior ManagementLeadership is a challenge in India. Most leaders come with a 2 year horizon so the vision for the bank is reset every 2 years and hence has no real strategic value

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    RM

    Anonymous Employee (Current Employee)

    ProsThe company cares a lot for its employees

    ConsGrowth is slow in this bank

    Advice to Senior ManagementTHe growth should be made more clear for employees

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    I had spent 3 years with the bank. Joined the bank in 2009. Overall my experience was neutral with the bank.

    Manager - Preferred Banking (Former Employee) Bangalore

    ProsGood work life balance, great people with lots of years with the bank

    ConsSalaries are not at all based on performance but based on your level in the organization. Awards make up for salary. Business units goals are not aligned with management goals.

    Advice to Senior ManagementKeep your employees happy and tell them your vision as a bank. People are just working towards monthly targets.

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Fair

    Anonymous Employee (Former Employee)

    ProsMedical facilities are best in the industry

    ConsNot the best of paymasters

    Advice to Senior ManagementFollow a more pragmatic approach to business

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Standard Chartered

    ASM (Former Employee) Hyderābād

    ProsGood brag to work for. Good money.

    ConsLess branches . Hard to sell products because of premium charges.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Bitter / Disappointing experience in the last 3 years at Standard Chartered Bank

    Anonymous Employee (Former Employee)

    Pros1. Great brand
    2. Community Service
    3. Excellent Relationship Management

    Cons1. Weak and unskilled HR (HR has never been robust ).
    2. "Here for people" is fast disintegrating.
    3. Potential resources are being side-lined . Line Managers and their henchmen rule the Bank.
    4. "Grievance Cell" is non-functional

    Advice to Senior Management1. Please identify ( an independent judgement ), recognize and retain potential resources. And, be fair and just to all.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    its is good and nice

    Anonymous Employee (Current Employee)

    Prosgood work culture and good environment

    Consno growth and no opportunities for middle managment

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Politics politics politics

    Officer (Current Employee) Chennai

    ProsStandard Company is differentiating the staff

    ConsPartiality from staff to another staff

    Advice to Senior Managementneed More Motivate

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Bad bank both for customers & employees

    Product Manager (Current Employee) Mumbai

    ProsNo pros actually. It was a good bank during the good times I.e till the financial crisis hit the Asian economies.
    There is a pretence of being a big bank but it is actually pretty small globally even if compared to its MNC peers & other indian banks

    ConsBad politics
    Lack of growth
    Vintage in the company is a curse
    Lack of consistent & transparent HR policies
    Inconsistent & flawed vision

    Advice to Senior ManagementChange course towards your employees & the way you are treating them. The times will get better but if you walk ahead on this path, you may end up with no employees or customers.
    And soon turn into "here for no good"

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    It was overall a average experience.

    Service Manager (Current Employee) Mumbai

    ProsAll together good company to work with.

    ConsVery hard to get band change (promotions).

    Advice to Senior ManagementKindly make the appraisal system more transparent

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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