employer cover photo
employer logo
employer logo

Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

70% would recommend to a friend

(10,990 total reviews)
avatar

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 10,990 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
Dec 6, 2018

Not here for good!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Flexible working, internal training, freebies, and some good colleagues.

Cons

Quite a few malicious people encountered where bullying and favouritism is encouraged. Poor middle management layer who hold people back and make crap decisions resulting in poor business performance and no accountability. Awful culture to the point good people just get fed up and leave. No real recognition for the unsung heroes behind the scenes. Budget cuts across the Bank from travel to resources is frustrating given senior management behaviour. Complex operating structure where key people are located on the other side of the world. Pay and bonuses are well below market average.

1.0
Dec 21, 2016

Poor Leadership

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Company was good 5 years ago, but has since declined.

Cons

Poor leadership team in the Americas region; Toxic culture/environment/management; SCB does NOT promote talent, but rather promotes those individuals who feed into the leadership politics. If you do your job, you can expect to stay status quo. If you do your job REALLY well, you def will never leave your current role; the talk about Culture and Values is done because "they need to do it". There are no values with SCB.

3.0
Feb 17, 2015
Recommend
CEO approval
Business Outlook

Pros

The international graduates are given good exposure to top management and taken on loop with organizational level strategy and the way ahead. They are always in on the bigger picture of business due to frequent interactions with senior management. International graduate enter one grade higher than the starting grade (starting grade i.e. the lowest permanent employee level is G9, IG's enter at G8) and after the completion of 2 year program all IG's are promoted to the next grade (G7) together with permanent placement for which they get several options. There is a good amount of international mobility, both during the two year program and afterwards. Many IG's chose to work in a market different from their home countries upon completion of the program. The IG're are paid higher than the average employee on the same grade and well looked after generally during the program.

Cons

Once the IG program finishes, then its different for different people. Some find it hard and same as end of honeymoon period. Quite a lot of IG's leave the bank afterwards. A lot depends on where the graduates chose to work. Some markets are great and have good potential, others not so much. Also the IG's are used to good support during the program from HR and afterwards its no so forthcoming anymore which is a rather disappointment. The HR policies for common employees are rather 'not pleasant' and the IG's once they become part of regular core of employees feel the heat more . Apart from this the usual issue of long working hours and politicism and nepotism prevails in some markets atleast and its quite a downer for the younger lot.

Viewing 22 - 24 of 10,990 Reviews

Glassdoor has 12,222 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.