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Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

69% would recommend to a friend

(10,996 total reviews)
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Bill Winters

79% approve of CEO

65% positive business outlook

Standard Chartered Bank has an employee rating of 3.7 out of 5 stars, based on 10,996 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Standard Chartered Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

11K reviews
1.0
Feb 17, 2021

Consider carefully before joining this bank

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The bank may look very attractive to a job seeker due to its name, and salary offered. There are generous HR policy and flexible work arrangement options.

Cons

If you are focused on self growth, especially in terms of skills and self value, please reconsider an offer from the bank. My observation while working in this bank is that it is very good at " retaining" people, so lots of people you work with can be very "experienced" people who have been "staying" for a very long time in the hope to climb corporate ladders and often got their wish fulfilled after many years of "hard labour". So if you are perseverant enough to stay with the bank for many years, you might end up in a similar situation, where you will be given a more senior title than the one given to you when you joined, and some increment to your salary, but then that's it. If human is the biggest asset to a bank, then this bank's asset is aging faster than average. and then you can imagine the future.... Lots of people in management positions ( at least those I met) are not leaders but micro managers who gives detailed instructions on things that don't need it. They lack foresight or management skills of businesses and treat you as their means to achieve personal KPI, rather than an asset to the bank who have a career to take care of too. Lots of things that don't make sense are instructed to be done , whereas lots of things that add value are ignored by managers. there is not much technology being adapted, the way things are done are obsolete, which in a way protects those "very experienced " people. What they care about the most is respect and obiedience from you.

3.0
Jun 4, 2020
Recommend
CEO approval
Business Outlook

Pros

Great place to work and learn, it is a university within corporate walls

Cons

SCB UK is not a place for black people, the diversity and inclusion is just on paper but don't walk the talk. Racism is very subtle and at times more overt. No promotions or considerations for internal jobs for people of color. I doubt the CEO is fully aware of what is on the ground.

1.0
May 20, 2020
Recommend
CEO approval
Business Outlook

Pros

There are unlimited medical benefits, that's it.

Cons

Long list there. The place is extremely inhuman and is saddled with so many processes that no person, no matter how efficient, can ever put up with all of them. The Team lead position is only meant to be there for moral support, and they still manage to be inefficient at that too. The Credit Analysts are expected to do any and everything. Really long work hours, expectations to work on all the weekends, complete lack of guidance for new joiners, the list will go on & on. Recent policy changes being introduced include tracking every single mistake you make and then treating at as an excuse to lower your rating. They have introduced Dashboards to keep track of employee performance which has made the whole place a huge rat race.

Viewing 61 - 63 of 10,996 Reviews

Glassdoor has 12,229 Standard Chartered Bank reviews submitted anonymously by Standard Chartered Bank employees. Read employee reviews and ratings on Glassdoor to decide if Standard Chartered Bank is right for you.