Financial Conduct Authority "work life balance" Reviews | Glassdoor.co.uk

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Financial Conduct Authority Employee Reviews about "work life balance"

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73 Employee Reviews

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  1. Helpful (1)

    "Enforcement Division - Old boys club"

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

    I have been working at Financial Conduct Authority full-time (More than 3 years)

    Pros

    High quality work, especially on the legal side
    Good work life balance -
    Talented people who make great role models

    Cons

    Lots of empty promises
    Very poor remuneration- even for public sector
    Progression much harder if you’re not a white middle class male
    No transparency around pay
    Impending move from Canary Wharf to Stratford

    Advice to Management

    Make an effort to be aware of unconscious bias
    Make pay transparent


  2. Helpful (2)

    "10 year's experience - but impossible to move roles"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate - Governance in London, England
    Current Employee - Associate - Governance in London, England
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Financial Conduct Authority full-time (More than 8 years)

    Pros

    Benefits, inclusive environment, work life balance (most of the time)

    Cons

    Difficult to move jobs - competence based interviews, assessments - there seems to be little value placed on potential, experience or performance in current role.

    Advice to Management

    Make it easier for people to move departments or divisions - their experience is valuable surely. Find a way to better understand people's transferable skills. Assess people for their passion, performance in their current role, their ability to learn new things - must be better than utilising robotic competence questions which test peoples ability to answer a question but not their real skill level.


  3. "Roles can be pigeon holded"

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

    I have been working at Financial Conduct Authority full-time (More than a year)

    Pros

    - Not as cut throat as industry,
    - Lots of people passionate about doing the right thing,
    - Friendly compared to banks,
    - Good work life balance,
    - Sense that work we do have purpose.

    Cons

    - Lack of diversity from Manager grade upwards,
    - Role is pigeon holed, and no insight into other divisions,
    - Silos
    - Processes and procedures are constantly changing, without consideration for long term embedding or waiting for last process to be implemented
    - Move to Stratford.

    Advice to Management

    I'm not sure anything I can say that's not already been said.


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  5. "First job out of uni and gap year. Really enjoying it."

    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 Financial Conduct Authority full-time (Less than a year)

    Pros

    Work life balance - it’s reliably 9-5.
    Flexi-time
    Surrounded by intelligent, driven people
    Obvious social benefit
    Great opportunities / systems for learning

    Cons

    Occasionally bureaucratic
    Quiet periods between major cases
    IT systems could do with update, but apparently in the pipeline as part of the move to Stratford.

    Advice to Management

    For line managers: be clearer about tasking for new starters.


  6. Helpful (3)

    "Good work life balance but bureaucratic"

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

    I have been working at Financial Conduct Authority full-time (More than 5 years)

    Pros

    - work life balance
    - benefits package and up to 38 days holiday
    - interesting and varied work
    - lots of opportunity to move around the organisation
    - very pro minority groups and inclusive culture

    Cons

    - terribly bureaucratic
    - poor managers generally lacking in people skills that have very long tenure
    - lack of empowerment
    - very skilled and talented people often under utilised so they leave
    - general lack of industry experience means you get "experts" within industry sectors who have never worked in industry and lack commerciality
    - senior management value those that are "talking the fca language" over genuine talent creating an internal bias

    Advice to Management

    - remove burdensome process
    - do more focused and targeted recruitment externally
    - better training programmes
    - hold poor management to account or exit them
    - send staff on more external secondments
    - focus efforts on driving efficiency and better value for money. Hold people to account for poor performance


  7. "Working at the FCA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in London, England
    Current Employee - Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Financial Conduct Authority part-time (More than 3 years)

    Pros

    Interesting and varied work that makes a difference in the real world.
    Collaborative working environment and helpful and friendly colleagues.

    Cons

    Management and leadership is very poor, overly bureaucratic and managers are not empowered to make decisions. The actual experience does not match the rhetoric in terms of career development opportunities. The organisation does not act in a way that shows it values and wants to retain experienced employees. The career structure does not allow for meaningful progression of people with technical expertise who do not want to be people managers.
    The open plan environment without adequate quiet space is not conducive to concentration on the technical issues that the work demands. People are often subject to unreasonable workloads so that work life balance is not possible.

    Advice to Management

    Create a career structure that demonstrates you value the technical expertise without which the organisation could not function.


  8. Helpful (2)

    "Good work/life balance"

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

    I have been working at Financial Conduct Authority full-time

    Pros

    Good work/life balance
    Great benefits
    Friendly colleagues

    Cons

    Bureaucratic
    Lack of career progression
    Political
    No consultation regarding move to Stratford

    Advice to Management

    Create more development opportunities, and career progression should be based on merit and not 'who you know'.


  9. Helpful (2)

    "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in London, England
    Former Employee - Associate in London, England
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Financial Conduct Authority (More than 3 years)

    Pros

    Work life balance is good

    Cons

    Lack of progression and talent management leading to high attrition rates and loss of talented staff

    Advice to Management

    Create more development opportunities, promote on merit and not length of service


  10. "Summer Intern Interview"

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

    I worked at Financial Conduct Authority as an intern

    Pros

    Good work-life balance
    Friendly culture
    Decent salary

    Cons

    Internal promotions are hard to get
    Moving to Stratford in 2018


  11. "Good work-life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate
    Former Employee - Senior Associate

    Pros

    there is a good work life balance and most of the employee are competent.

    Cons

    very low salary raise, no automatic career opportunities. In order to be promoted employee must to open positions.


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