Standard Chartered Bank Employee Reviews about "long working hours"

Updated 26 May 2020

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3.7
70%
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87%
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Standard Chartered Bank Group CEO Bill Winters
Bill Winters
1,050 Ratings
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Reviews about "long working hours"

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  1. "officer"

    5.0
    Former Employee - Officer 

    I worked at Standard Chartered Bank full-time

    Pros

    very good people plus work environment

    Cons

    work pressure and long working hours

    Standard Chartered Bank2020-05-26
  2. Helpful (4)

    "Dysfunctional and lurching from crisis to crisis"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in London, England
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Standard Chartered Bank full-time for more than 3 years

    Pros

    Good perks - free and cheap tickets to concerts, drinks in the office on Fridays. Some opportunities to travel to other markets (depends on your line manager - some are keener on travel than others), good commitment to flexible working (again, depending on manager). Highly multicultural and international, which makes the work often interesting.

    Cons

    Very long working hours (on email from 6am to 10pm, in office from 7.30am to 7pm, frequently later, on occasions until 3am). Resourcing gaps rarely filled - when half the team went on maternity leave, the rest of us were given double workloads as "stretching objectives" only to be passed over for bonuses and promotions. Poor management culture; decisions and progression based on who you know and are friends with rather than skill or experience. Management don't value subject matter expertise. Extremely low morale; many jobs were cut, others walked at the same time. People left are those who can't leave because of visas, or who simply can't get another job. Frustratingly bad IT. Clunky old kit, limited access to any online tools that would make the job easier. Made a big song and dance about a new intranet but it seems the same as the old one only with more corporate banner ads. Takes days to get basic IT or HR problems fixed.

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    Standard Chartered Bank2017-01-11
  3. Helpful (1)

    "Sales Manager"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England

    I worked at Standard Chartered Bank full-time for more than a year

    Pros

    -Excellent Learning opportunities -Team management is helpful and open to listen to employees

    Cons

    -uncapped working hours -Growth is minimal

    Standard Chartered Bank2015-08-26
  4. "Company Review"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Officer in Dhaka
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Standard Chartered Bank full-time for more than a year

    Pros

    Good Working environment, Variety in Culture and Good for female.

    Cons

    Low Salary, No Fringe Benefits and Working Hours

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    Standard Chartered Bank2020-04-25
  5. "Review."

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Business 
    Neutral Outlook
    Approves of CEO

    I have been working at Standard Chartered Bank full-time for more than 3 years

    Pros

    The country teams are great - the environment in country is friendly, my own team is very supportive, flexibility allowed i.e. work from home, in country management is considerate, maternity leave is great, etc. The pay is good, learning opportunity is good up to a certain extent.

    Cons

    Unspoken corporate hierarchy/politics where your behavior is shaped based on the seniority of who you are addressing - one of the worst I’ve experienced though they advertise it as otherwise. Blame game is big - focus should be “we found a problem what’s the solution” instead this ends up being a blame game instilling negativity and at times even fear. Constant structural changes by higher management - and I mean constant with no clear rational or vision communicated to employees on ground facing these changes full face. These changes are sometimes blanket changes and seem like the are no considerations for particular regions/ countries. You spend a lot of time doing irrelevant work this may be due to being an international bank adhering to many international regulations but sometimes you feel you can drown in doing documentation work. A large part of this is because the bank supports “simplifying” this is not actually done. The bank invests heavily on software, etc to make the client experience smoother however internally there is much to do to simplify - there are so many systems created that do not speak to each other. Many times we have to deal with large data where we spend hours trying to clean it up as a result . Processes at times are slow because of so many unnecessary systems not speaking to each other and so many work flow layers - think of an assembly line for a factory each line assembling one thing (literally). Sometimes software and systems should be created to ease particular work - this is not done to the extent that you think that your stuck in the 90s with the way these processes has not yet been updated. The big clients are everything and if you do one tiny mistake like not respond to them even if it’s way past working hours your questioned by everyone internally surprisingly the internal team will give you a harder time than the actual client itself. God forbid you make an error. Some people at work need to learn communication skills. Although I say that SCB encourages work life balance I have to add this does not apply to everyone - unfortunately some teams work constantly even on weekends and late into the night i.e. I do receive emails from those at 3 AM in the morning their time. And when asked they explain that they are under pressure and have lots of work to do. Many talented people were given the cut, this brings into an underlying question on job security always. This is for maybe the bank management - management encourages speak up for all things and try to normalized it - however speak up to employees is the highest form of escalation and not very available option. Fear, worry, being questioned etc is always on the table. A lot of teams frequently change and this change brings about inconsistency and confusion - i.e. every time this team changes they change along with it the way things are done e.g. team one prefers a, b and c. Team two comes and say go back To 3,21 - then team 3 comes back and says no we should do a,b,c again. Business team is the all knowing God for every known thing even the most irrelevant to them in the bank for some reason. They are like an octopus with arms extending everywhere and at the same time are definitely not empowered on relevant decisions because they are the con man for lack of better terminology.

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    Standard Chartered Bank2020-04-29
  6. "Business Development Officer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends

    I have been working at Standard Chartered Bank full-time for more than a year

    Pros

    employee benefits and young working culture

    Cons

    long working hours and insufficient labour supply

    Standard Chartered Bank2020-02-05
  7. "Business analyst"

    3.0
     

    I have been working at Standard Chartered Bank

    Pros

    The pay is good and the medical benefits is ok

    Cons

    Many paper work and teams are not really collaborating with each other Long working hours

    Standard Chartered Bank2020-02-13
  8. "Senior Officer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Officer in Bangalore
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Standard Chartered Bank full-time for more than a year

    Pros

    Very Good company, good working environment.

    Cons

    Working hours are like between 9.30 hrs to 13 hrs.

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    Standard Chartered Bank2020-01-13
  9. "senior Developer"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I worked at Standard Chartered Bank full-time

    Pros

    Good Employee Benefits,job security ,Hikes and Work from home

    Cons

    No work life balance, long working hours

    Continue reading
    Standard Chartered Bank2019-11-27
  10. "Good culture"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Manager in Chennai
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at Standard Chartered Bank full-time for more than 3 years

    Pros

    Block leave, Good culture and people

    Cons

    Lengthy working hours to work with systems

    Standard Chartered Bank2019-10-18
Found 88 reviews