Standard Life Aberdeen Reviews | Glassdoor.co.uk

Standard Life Aberdeen Reviews

Updated 22 Jan 2020

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3.0
42%
Recommend to a Friend
41%
Approve of CEO
Standard Life Aberdeen CEO   Keith Skeoch  (no image)
Keith Skeoch
26 Ratings
Pros
  • "Good Benefits and Package, treated fairly and well respected among peers(in 21 reviews)

  • "There are still so many great people there(in 19 reviews)

Cons
  • "Senior management are largely from Scotland and 90%(in 13 reviews)

  • "Complete cultural shift since the merger with Aberdeen, too many people now competing for position at the expense of the firm's overall success(in 8 reviews)

More Pros and Cons
  1. "Decent"

    StarStarStarStarStar
    Current Employee - Configuration Analyst 

    I have been working at Standard Life Aberdeen full-time for more than a year

    Pros

    Good Benefits and Package, treated fairly and well respected among peers.

    Cons

    nothing to note of right now

    Standard Life Aberdeen2019-05-29
  2. "Great opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Developer in Edinburgh, Scotland
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at Standard Life Aberdeen full-time for more than a year

    Pros

    Helpful team, always there to support

    Cons

    Merger makes things uncertain at times

    Standard Life Aberdeen2020-01-19
  3. "investment manager review former job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Comparision Shopper/Jack of All Trades Did All Jobs in Edinburgh, Scotland

    I have been working at Standard Life Aberdeen full-time for more than 5 years

    Pros

    good pension and decent benefits

    Cons

    a lot of politics and lack of direction

    Standard Life Aberdeen2020-01-15
  4. "Below Market Compensation & Opaque Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Manager in London, England
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at Standard Life Aberdeen full-time for more than 8 years

    Pros

    Fairly good work/life balance. Recently adjusted formal UK working hours from 09:00 - 17:00 (from 17:30) Expected to put in the hours (including weekends) when working on deals, but otherwise you go home when 5pm rolls around. Excellent pension.

    Cons

    Unwilling to pay "market" salaries even when hard evidence is provided. Over the years we have had pathetic pay increases of "inflation only", and in 2019, only the junior and administration staff received a salary uplift. The rest of us got a big fat ZERO. Bonuses also slashed in 2019 and expectation is it will happen again this year. Senior management are largely from Scotland and 90%+ male. There is no transparency as to how appointments are made.

    Show More

    Advice to Management

    Employees are disappearing much like rats leaving a sinking ship. Unless you have your head stuck in the sand you must know this is down to compensation, and the opaque management.

    Standard Life Aberdeen2020-01-11
  5. "stop politics and conservatism, focus on your employees and innovation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Analyst 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Standard Life Aberdeen full-time for more than a year

    Pros

    good vacation benefits; generally nice teammates;

    Cons

    below industry average salary; top management don't really know where to lead, and they focus too much on their own politics and survival instead of caring about the morale of employees-inefficient mergers and acquisitions; terrible communication and conservative attitude towards new things/innovation; bad performers who are pickthanks can survive very well in the company

    Advice to Management

    please relocate that money spent on unnecessary travels and accommodations for senior managers to innovation and infrastructure building. a firm where only pickthanks with poor performance can survive is a dangerous signal for the company good.

    Standard Life Aberdeen2020-01-20
  6. "Good product, good people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations in Bristol, England
    Recommends
    Neutral Outlook

    I worked at Standard Life Aberdeen full-time for more than a year

    Pros

    Innovative product, well financed, great benefits and salary packages

    Cons

    Quite a sales led culture which sometimes lacked consideration for the product

    Standard Life Aberdeen2019-12-10
  7. "Great company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Apprentice 

    I have been working at Standard Life Aberdeen full-time

    Pros

    Really nice people and fairly decent work life balance

    Cons

    Going through many structural and departmental changes which may cloud career progression

    Standard Life Aberdeen2019-12-08
  8. "Perfect Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Quantitative Risk Analyst 

    I have been working at Standard Life Aberdeen full-time

    Pros

    Perfect Benefits and work-life balance

    Cons

    The way it is organised

    Standard Life Aberdeen2019-11-23
  9. "It’s the Scottish way or the high way"

    StarStarStarStarStar
    • Work/Life Balance
    • Compensation and Benefits
    Current Employee - Consultant in Edinburgh, Scotland
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Standard Life Aberdeen full-time for less than a year

    Pros

    Very good benefits because the company is so toxic it’s the only way management can keep staff. Good work life balance because they hire 3 people to do the one of one person.

    Cons

    Teach people how to use a phone, no need to fly everywhere. Stop being so proud of your a white male Scottish company, it’s simply racist. Promoting people on colour and not skill is a stupid business strategy. It’s ok, we can then hire more consultants to fix it.

    Advice to Management

    You have one of the biggest gender pay gaps, the aim is to reduce it, not increase it. Lots of poor management wasting millions, surely the money must have run out?

    Standard Life Aberdeen2019-12-13
  10. Helpful (1)

    "Micro Managed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Customer Services Representative in Edinburgh, Scotland
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Standard Life Aberdeen full-time for more than a year

    Pros

    flexible working.. to a point

    Cons

    Every part of your time is analysed, you have to justify your work on a daily basis

    Advice to Management

    Trust us to do our jobs

    Standard Life Aberdeen2019-11-04
Found 317 reviews