Standard Chartered Bank
3.5 of 5 498 reviews
www.standardchartered.com London, United Kingdom 5000+ Employees

Standard Chartered Bank Reviews

Updated Apr 21, 2014
All Employees Current Employees Only

3.5 498 reviews

                             

91% Approve of the CEO

Standard Chartered Bank Group CEO Peter Sands

Peter Sands

(200 ratings)

78% of employees recommend this company to a friend
161 Employee Reviews Back to all reviews
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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

I worked at Standard Chartered Bank full-time for more than 3 years

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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Fair

Anonymous Employee (Former Employee)

I worked at Standard Chartered Bank full-time for more than a year

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

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Standard Chartered

ASM (Former Employee)
Hyderābād

I worked at Standard Chartered Bank full-time for more than a year

ProsGood brag to work for. Good money.

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

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

Anonymous Employee (Former Employee)

I worked at Standard Chartered Bank full-time for more than 10 years

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

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its is good and nice

Anonymous Employee (Current Employee)

I have been working at Standard Chartered Bank full-time

Prosgood work culture and good environment

Consno growth and no opportunities for middle managment

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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Politics politics politics

Officer (Current Employee)
Chennai

I have been working at Standard Chartered Bank full-time for more than 3 years

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

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Bad bank both for customers & employees

Product Manager (Current Employee)
Mumbai

I have been working at Standard Chartered Bank full-time for more than 8 years

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

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It was overall a average experience.

Service Manager (Current Employee)
Mumbai

I have been working at Standard Chartered Bank full-time for more than 3 years

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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One of the best banks with a high focus on values

International Graduate (Current Employee)
Mumbai

I have been working at Standard Chartered Bank full-time for more than a year

ProsGood people, excellent values, good work ethics

Reasonable work hours and good compensation

ConsToo process driven, which can slow down service.

Need to become more driven towards marketing & service

Advice to Senior ManagementFocus on marketing & Superior service

Yes, I would recommend this company to a friend

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satisfied

Relationships Manager (Current Employee)
Delhi

I have been working at Standard Chartered Bank full-time for more than 5 years

ProsExcellent working environment. Salary and incentives are credited on time.
Full covered related to any medical treatment with family.

ConsAs per my job profile salary does not match.

Advice to Senior Managementno comments

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

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Glassdoor is your free inside look at Standard Chartered Bank reviews and ratings - including employee satisfaction and approval ratings for Standard Chartered Bank CEO Peter Sands. All 161 reviews are posted anonymously by Standard Chartered Bank employees.