Close Brothers reviews about "culture"

Salaries are below average when comparing with peers.

No cons that I could think of

- Mass redundancies across all businesses - Salaries are so low - You can feel the pressure around cost savings. No one knows who’s next and everyone is anxious - Senior leaders don’t care about their employees. All they care about it saving money and that’s at the detriment of employees mental health - They had a ‘D&I strategy’ but when they cost cut that initiative was the first to go as they don’t care about it.. it was all for show - If you raise issues with HR they don’t take anything seriously. They’re a bunch of 20 year old girls with no experience - Do not join this company. You’re expected to work 12 hours per day but get paid well below market rate. Ridiculous

Career progression opportunities were very limited. Pay was also poor, I was earning below £30k despite being full-time and at the company for almost 4 years by the time I left.

Some middle managers who are incompetent and don't manage properly, adding unnecessary stress to colleagues by projecting their own inadequacies.

A really bad culture and poor work-life balance

Perfect environment for someone looking to be micromanaged, enjoys blame culture and aggressive tactics to ensure you burnout. Someone who wants to work with software so old it doesn’t load on to a web browser at full screen yet is told to leverage AI and be proactive in finding news ways to be productive, yet is shut down at any suggestion of doing that isn’t according to the exact process guide. If you aren’t that ambitious and want to work somewhere that it is certain you have nowhere to move up, this role could suit and helps if you don’t mind being severely underpaid. The recent FCA scandal shows Close is on trajectory for a sinking ship and this is reflected in the pay and culture as management struggle to manage the damage to reputation and financial performance.

Not anything of note as a con. Has been a good experience to date