Does Financial Services Compensation Scheme pay their employees well?

According to anonymously submitted Glassdoor reviews, Financial Services Compensation Scheme employees rate their compensation and benefits as 3.9 out of 5. Find out more about salaries and benefits at Financial Services Compensation Scheme. This rating has decreased by 2% over the last 12 months.

How satisfied are employees working at Financial Services Compensation Scheme?

43% of Financial Services Compensation Scheme employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Financial Services Compensation Scheme 4.1 out of 5 for work life balance, 3.0 for culture and values and 2.9 for career opportunities.

What are the top reviewed jobs at Financial Services Compensation Scheme?

Administrative Assistant (2) , Analyst (2) , Manager (2) , Project Manager (2)

What are the pros of working at Financial Services Compensation Scheme according to real employee reviews?

"Good work life balance and wellbeing arrangements" ((in 12 reviews)); "Nice people, shared vision, well organised" ((in 10 reviews)); "some good benefits" ((in 7 reviews)); "Great colleagues, good location and overall nice people" ((in 5 reviews)); "Great benefits package and positive work life balance." ((in 3 reviews))

Financial Services Compensation Scheme Reviews

3.1

43% would recommend to a friend

(59 total reviews)

49% positive business outlook

Financial Services Compensation Scheme has an employee rating of 3.1 out of 5 stars, based on 59 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Financial Services Compensation Scheme employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

59 reviews

5.0

16 Apr 2021

Great company

Administrative assistant

Recommend

CEO approval

Business outlook

Pros

Worked well during covid remote working

Cons

Contractors weren’t seen as fully part of the company

1.0

26 Sept 2019

Awful

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Good benefits and decent pension scheme

Cons

Steer clear if you value your sanity and job security. Restructures happens approximately every 2/3 years and they do it simply to get rid of those who don’t fit their bill or challenge them. Senior management is similar to an old boys club - managers giving jobs to their friends/ex-colleagues.

2.0

8 Aug 2017

Change for change sake

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Really good work life balance Salary ok some good benefits ok pension challenging work and opportunities to move around the business to learn mentoring programme

Cons

some of the 'leadership' team are a law unto themselves, and have created a seemingly jolly alliance comedy double act despite bringing in a perpetual consultation that has most of the employees at risk at all times. And they seem completely unchallenged by the other members of the leadership team (inc the CEO). The constant restructuring is unbelievable, for a firm of only 200 people. Do not work here if you value stability in your working life. The scheme has latched on to the public sector 1% year on year pay rises, despite the continual message that FSCS is completely independent of government. Don't believe everything about the people team, some of them are lovely. But the lead and his angry rottweiller side kick are absolutely toxic. CEO has been very good but is approaching retirement and is considered a lame duck by many. The strength of his leadership over his exec team is extremely questionable. The leadership team is a charisma vacuum.

Viewing 1 - 3 of 59 Reviews