Relative job security despite unstable times for this job market. There have been no cutbacks in terms of staff training. They are such a big employer there are plenty of opportunities to find the job role and area that suits you. The company overall has a good working culture.
Management is very poor in some cases. Renumeration is not impressive when you compare to other jobs in the same field. There are always plans to develop within teams, but this doesn't always lead to promotions. Expenses are often readjusted in order to benefit Shareholders, but it isn't obvious where this money is being reassigned. The end of year review system could benefit with being restructured.
It is sometimes questionable as to whether certain managers are the most suitable in terms of skill set for the job they are undertaking.
Despite cost cutting they have not stopped investing in their staff and there are lots of opportunities across a really wide spectrum within the organisation. Working environment is generally positive. Job security
Pay not competitive Senior management not interested in and don't listen to junior level staff Development of staff and all the planning and activities around it make it look better than it really is as ultimately there is not that much room for promotions and progression from it. The way they measure and benchmark the appraisals for the different levels every year just isn't grounded in what's actually happening and feasible at the respective grades.
Company is making profit, but no sign of reinvestment.
The best thing about working here was the staff - they are all so friendly that it makes working a happy and enjoyable environment.
Although this never happened the possibility of bank robberies always are in the back of your mind.
The customers that you will encounter will be anything far and between unusual as it gets.
The majority of people that you meet and work alongside make the job what it is. Fairly flexible in working hours and able to work from home.
Senior management are indecisive, are far too obsessed with furthering their own careers and work areas at the expense of the common goal. Needs stronger leadership to prevent this happening.
Despite working for a bank, I'm in an office where i can't pay any money in.
Pay was the same whether male or female, and progression through the grades, for me at least, was based on merit, i.e. you didn't need a degree from Oxbridge to progress.
The time during which the Head of Reward was someone who was a total nut job (if you were there, you will know who she was).
The opportunity to do something different - edited a magazine, participated in outward bound for charity via the Bank, etc.
Salary and treatment by managers
The complete ignorance of Head Office as to how other people work
pay, all the red tape crap and how robotic you become
the time flew by it still seems only yesterday was my first day, but have completed over 30 years .
the workloads can be very stressful and some staff only think of themselves never offer to help even when you have asked for it.
Head Office is relatively OK, with decent cafes and a sports club - but you have to get to Canary Wharf. And there are lots of decent people to work (and moan) with. And it will always be absurdly profitable, despite itself, so no doubts about being paid!
No pay increase in 5 years was my number one complaint. Secondly, be prepared for constant reorganisations and threat of losing your job. I had 5 of these in 5 years. They are constantly looking to cut costs and therefore jobs, so the best you can hope for is to take a 'ride' where they are (temporarily) investing. They also told me they are unashamedly 4th quartile on pay, as people are expected to work 'for the brand / prestige' - so when I left I immediately got a 25% increase. The scope of jobs is very narrow as they hype 'control' and try to 'functionalism' / automate everything. The only place to wo ... No pay increase in 5 years was my number one complaint. Secondly, be prepared for constant reorganisations and threat of losing your job. I had 5 of these in 5 years. They are constantly looking to cut costs and therefore jobs, so the best you can hope for is to take a 'ride' where they are (temporarily) investing. They also told me they are unashamedly 4th quartile on pay, as people are expected to work 'for the brand / prestige' - so when I left I immediately got a 25% increase. The scope of jobs is very narrow as they hype 'control' and try to 'functionalism' / automate everything. The only place to work is at the centre where you might have a small chance of influencing something rather than simply 'doing what you are told'. So, good if you want to be a narrow specialist, bad if you want to be a 'businessman'. Many people are just there to stay and survive until their pensions kick in. The corporate bank holds it together, so might be a good opportunity, but retail banking seems to me to be struggling badly and well behind competitors. more
Head office holds 8000 people and has the largest staff gym in Europe.
Fair pay shouldn't be a benefit!
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