employer cover photo
employer logo
employer logo

Standard Chartered Bank

Engaged Employer

Standard Chartered Bank reviews

3.7

69% would recommend to a friend

(11,012 total reviews)
avatar

Bill Winters

78% approve of CEO

65% positive business outlook

Standard Chartered Bank has an employee rating of 3.7 out of 5 stars, based on 11,012 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
2.0
Feb 13, 2015
Recommend
CEO approval
Business Outlook

Pros

-Diverse cultural exposures -Decent work ethos with regards to honesty -Customer-oriented service -Good learning opportunities if you exhibit a willingness to learn -Great branding in the retail banking facet of the industry -Work-life balance is attainable

Cons

-Poor integration of technologies to support middle to back-end processes. resulting in unexplained manual workarounds -Cronyism is prevalent across the bank's middle to senior management -Culture and values have waned drastically despite regular "recommitments" expected from employees, all within a short span of 2 years -Inadequate compensation for entry level positions, incommensurable with efforts/skills required -Frequent shirking of responsibilities from highly concerned parties/units, resulting in preventable stand-stills -Bootlicking is rewarded greatly, as compared to pure and honest work with intention to improve -Lack of foresight involving big decisions- too often have we been making preventable losses despite early signs and warnings -Big foreigner base (lots of Indians) who come on board based on friendship rather than proven track records -Slow career progression and wage adjustment is pathetic

2.0
Jan 3, 2015
Recommend
CEO approval
Business Outlook

Pros

Broad international presence Opportunities to live and work abroad Very interesting Emerging Markets business You can learn a lot Great franchise in many interesting markets

Cons

Extremely political environment Skill level and work product actually counts for very little EXTREMELY bureaucratic, smallest decisions driven by overseas HQ Even high level execs in US really don't have much power Environment discourages speaking up/encourages sycophants Massive churn "Run scared" culture Lack of transparency/honesty by senior management

2.0
Nov 16, 2014

CAUGHT IN A DOWNWARD SPIRAL

Recommend
CEO approval
Business Outlook

Pros

Likely all in the past. Quality staff are fleeing as senior management rearrange the deck chairs.

Cons

Chaotic. Little integrity. Very political. Massive cronyism and racism.

Viewing 292 - 294 of 11,012 Reviews

Glassdoor has 12,249 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.