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Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

69% would recommend to a friend

(11,002 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 11,002 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
3.0
Jul 3, 2012

Average

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Standard Chartered is one of the more stable banks which has not been affected by the 2008 crisis. Comparatively high job security.

Cons

Limited opportunities for employees away from the head office. There should be greater opportunities for employees in smaller cities-this can be done by increasing decentralization.

1.0
Jul 2, 2012
Recommend
CEO approval
Business Outlook

Pros

Supposed opportunities to go abroad - but these are very rare and never sponsored or supported or promoted by your local managers.

Cons

Work life balance at Standard Chartered does not exist. thanks to the quality of managerial staff they've hired and the training they impart to them (cause they won't train you)... your manger will think he has hired you as a personal slave on call 24/7/365 (i kid you not) ... and that you work for him and not the organization. Forget fair compensation. they will sell you statements to the effect of how 'competitive' (read: low) their salary structure is - of how the 'bonus' structure puts you ahead of everyone else... empty hot air. thats all. at 'review' time - which btw you will not have because the management does not have the guts to do this face to face - and in any case your rating is already decided weeks in advance and there is very little you can argue to impact it... so you merely get handed a paper that says what you've been 'rated' and what your 'compensation' is - and a speech about how 'difficult' things are etc and that what you've been given is better than anyone else... even though the 'bank made a killing in the market and is the most profitable out there'... career progression - they still follow the 'bell curve' methodology to rate 'talent' (its easiest and they've kinda grown adept at it of late) - not that you will know what you've been profiled - where you can improve - what is expected of you. but there are forms somewhere to these effect that someone is filling out about you. rest assured. they do follow processes on paper. but your ranking/status/profile will never be shared with you - nor will you have a clue of what/how you're doing - until the review - and not even then... personal growth/upskilling/ trainings. on paper only. its all up to you when you find the time and opportunity for these on your own for your own. HR at Standard Chartered suxs. it does not exist to assists, guide, *gawd forbid* mentor, inform, defend, enforce employee supportive policies of any sort - it is merely a tool to recruit fodder for the grinder, and ensure paper filling exercises with fancy names are completed, mostly post dated - just to complete the process. you will not have an HR relationship manager that you will have ever met. and if you have nothing will ever have come out of it in your favor. benefits. these don't exist beyond the statutory requirements of 'medical' and 'housing' - which as statutorily defined are a third of your paltry basic pay - because they are a 'reward' structured organization - with competitive salary structures.. but this rule is not uniformly applied for there are numerous examples to the contrary - entirely composed of fresh hires... not all of whom are fortunate enough to get this exemption...

Viewing 10840 - 10842 of 11,002 Reviews

Glassdoor has 12,237 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.