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Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

70% would recommend to a friend

(10,990 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 10,990 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
Aug 17, 2024

Senior mgmt are mostly Indians

Recommend
CEO approval
Business Outlook

Pros

While SCB GBS has a global presence and a diverse workforce, there are some concerns about the HR and senior management practices that I believe need to be addressed.

Cons

It has been observed that a significant portion of the HR department and senior management roles are dominated by individuals from a specific nationality, particularly from India. While diversity is crucial and should be celebrated, the concentration of a single nationality in leadership positions can sometimes lead to unintended biases and management practices that may not align well with the broader cultural values of the organization. There have been instances where the leadership style seems heavily influenced by specific cultural norms, which might not always resonate well with employees from other backgrounds. This has, at times, led to perceptions of favoritism and a workplace environment where decisions may appear biased or influenced by internal politics. Such dynamics can impact team morale and the overall work culture, potentially stifling creativity and inclusivity.

3.0
Nov 15, 2023

Alternate realities

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stay below a certain job grade and it's unlikely that your job suddenly disappears overnight. Annual leave allowance is quite generous.

Cons

Reorganizations are too frequent and unnecessary. The pursuit of change for change's sake takes attention away from actual problems on the ground. Internal movement within the bank is difficult. It has been said that certain positions are already reserved for "people with contacts" by the time the job ad is up. Some parts of the bank also have a hiring freeze that seem to last forever. Often middle managers and team leads are hired because of their connections to the hiring manager and not for their ability. They turn out to be less experienced and competent than the people they are supposed to lead. Somewhere in the bank...one particular (huge) team started out fine at first, but the work quality got worse (amazingly without repercussions) as checks and balances were taken away in the name of efficiency and streamlining. Now it's pretty much a free for all checkbox exercise, depending on the whims of the people that lead the various squads at the moment in time. Management team is concentrated in some faraway timezone, detached from reality on the ground, recruiting their own friends and making the worst possible decisions.

1.0
Oct 10, 2022

Very Indian Culture

Recommend
CEO approval
Business Outlook

Pros

Standard Chartered is a reputable brand, so it’s good in your resume.

Cons

It’s a very toxic environment. Culture is very Indian, all talk and no result. A lot of managers and higher ops likes to make big deal out of everything and micromanage. They like to talk BS, you ask them a yes or no question and give a long answer that is not related to your concern. They take all the credit, but blame you for everything that went wrong. Zero accountability.

Viewing 25 - 27 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.