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Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

70% would recommend to a friend

(10,989 total reviews)
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Bill Winters

80% approve of CEO

66% positive business outlook

Standard Chartered Bank has an employee rating of 3.7 out of 5 stars, based on 10,989 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
4.0
Nov 5, 2010
Recommend
CEO approval
Business Outlook

Pros

The company is on a positive trajectory. Its business is growing and it communicates its successes consistently and effectively. It is involved in "green" initiatives and volunteer work, and given that its footprint is Asia, Africa, and the Middle East, this is commendable. It's a very international place. My team included an Australian boss and team members from Singapore (2), Malaysia (1), Nigeria (1), USA (1), India (1) and the UK (1). During the economic crisis it continued to give very generous bonuses, which are based in individual performance, and there were few signs of cutting corners. Training and travel were mostly supported. It is not a place for finger-pointing and there is an acknowledgement that you are doing your best and you are allowed to experiment with different methods and work solutions. It has grown on my to the point where I look at it mostly positively.

Cons

When you look at best practices in world-class companies, you can see the bank is striving but does not reach this level. It has a lot of silo departments and entrenched practices, and the way of holding meetings or making presentations dates to the stone age - death by PowerPoint, rigid style, non-productive meetings. I am in training and development, where you'd expect some dynamism in ways of doing things, but it's hide-bound and traditional. No one really has a clue as to bring the place up to a new level. Incrementalism is the order of the day - and no rocking the boat, please. Promotions seem to be based on personal ties, and if you've got a myopic boss then forget objective reality and facts. Decisions are still top-down, with the man or woman at the top allowed to assess the situation and prescribe the solutions. People who have come from other organizations say it can be slow and old-fashioned. If you stick to your guns, stick to the knitting, you do get things done, but inspirational, visionary leaders are few and far between. Managers say salaries are pegged to the market, but many of us feel we're at below-market salaries.

3.0
Oct 15, 2010

over all ok

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

large bank so alot a learn

Cons

not good in giving salaries

Viewing 10948 - 10950 of 10,989 Reviews

Glassdoor has 12,221 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.