FCA Reviews | Glassdoor.co.uk

FCA Reviews

Updated 13 November 2018
242 reviews

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3.3
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FCA CEO Andrew Bailey
Andrew Bailey
95 Ratings

242 Employee Reviews

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Pros
  • "The benefits are unparalleled and the work/ life balance is better than anywhere I’ve ever worked" (in 88 reviews)

  • "Some interesting work and some good people" (in 32 reviews)

Cons
More Pros and Cons

  1. Featured Review

    Helpful (8)

    "Great employer, offering really good overall salary packages and an opportunity to make a difference"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Current Employee - Manager in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time (More than a year)

    Pros

    Extremely employee friendly - employment conditions are very, very good and there are a lot of training and development opportunities.
    Massive emphasis placed on diversity and inclusion, even though there’s still more to be done (as pretty much every big organisation).
    Real opportunity to make a difference. The FCA is internationally renowned for its work and has a huge impact on how the entire financial services sector operates. Working here you really feel like you can help people in a significant way.
    Glossy new building and technology being introduced. It’s about time with the technology, but by August everyone will have a new tablet laptop, a sit-stand desk, and we’re finally properly enabling remote working and going paperless.
    Really welcoming and insightful colleagues. The FCA has so many people that really understand their field that you’re never short of someone to explain some bit of financial arcanery to you.
    Overall salary package is really strong. If you look past the basic salary, there’s a really good pension and other benefits, plus the bonuses are very good, especially for high performers.
    Looks great on your CV. There are so many people who move on to big jobs from here, so it can be a great stepping stone into big banks, etc.

    Cons

    The old tech (which is being phased out, see above).
    Pretty process-heavy. Even senior leaders recognise the organisation has too many internal sign-offs and could be much quicker. I wouldn’t expect it to be that long before this is addressed, even if it might take a while to change fully.

    Advice to Management

    Make decision-making leaner. And keep pushing to break down silos.


  2. "Pretty good"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time

    Pros

    Great culture and work five

    Cons

    none that I can think of.

    Advice to Management

    Keep up the good job.

  3. "Apprenticeship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I have been working at FCA full-time

    Pros

    Work life balance, FCA Academy

    Cons

    Low salary (Public Sector obviously) , weak growth opportunities


  4. "Unique and interesting, but it is a trade-off."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in London, England
    Current Employee - Associate in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at FCA full-time (More than 3 years)

    Pros

    Intellectually stimulating job
    Being the only person in the country working on that issue
    Working with smart and academic people, with great expertise (depends on the team though!)

    Cons

    Frustrating career progression, based on vacancies and always open to external candidates
    Lower pay
    Things take time, your project may last a full year or more and becomes your life


  5. Helpful (1)

    "Slow progression, slow working habits, and a great place if you want to retire!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at FCA full-time (More than 3 years)

    Pros

    Good reward package in addition to basic pay, flexible working conditions, and a brand new office.

    Cons

    Internal progression and promotion is extremely difficult due to lack of interest by the managerial community. I seriously think no one cares if you are on top of everything, if you want recognition, respect, and a promotion you are forced to look elsewhere! Extremely long serving members of the organisation means there is a lack of team dynamics in some departments with very traditional perspectives (borderline offensive, discriminatory) and uninteresting ideas. Management sometimes are too scared to address behavioural issues instead concerns gets swept under the carpet.

    The HR department is a disappointment. It is extremely difficult to get ownership for HR queries/concerns.

    Advice to Management

    Stop traditional ways of thinking, speed things up, and challenge unacceptable behaviour. Most importantly listen to your team and take appropriate action.


  6. Helpful (1)

    "Good place to work for stability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative in London, England
    Current Employee - Administrative in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at FCA full-time (Less than a year)

    Pros

    it is a very good place to work for people with children. Culture is very different and relaxed comparing to private sector. Potential to grow within organisation and study.

    Cons

    processing can be very slow.

    Advice to Management

    make sure you training your staff


  7. Helpful (2)

    "Not the place for a fulfilling career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at FCA full-time

    Pros

    Good insights into banks, insurance companies etc. Good experience for your CV. Reasonably flexible working hours - although that depends on where you work.

    Cons

    Lack of progression prospects. Lower than market pay and little chance of a pay-rise. Expectations are often very high and hours can be long. Poor, uninspiring management, who have no clue how to speak to staff, or motivate them. Lots of politics, Stratford! Lots of time and money wasted on projects and initiatives that really don’t add any value or come to any conclusions. High staff turnover.

    Advice to Management

    Treat staff with respect - we are all human beings. Hold onto the good staff you have, recognise them, motivate them, listen to them and give them a reason to want to stay. Focus on initiatives that will make a real difference and will go somewhere. Cut down on the endless processes.

  8. "former supervisor review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    I worked at FCA full-time

    Pros

    good working hours, flexible approach to working. strong focus on people and culture - no expectation to answer calls or emails whilst on annual leave (38 days)

    Cons

    slow decision making, hierarchical and lots of internal politics. the pay is low in comparison to the industry and bonuses are based on whether your manager likes you

    Advice to Management

    make decisions faster


  9. "Associate"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at FCA full-time

    Pros

    A lot of development opportunities.

    Cons

    Very difficult to negotiate with pay


  10. "Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at FCA full-time

    Pros

    Work life balance
    Flexibility i.e working from home
    Great location

    Cons

    Low salary compared to industry
    Career progression next to zero


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