The future of the company is uncertain and unclear. Recent years have seen SBM take one hit after another (outside and internal investigations, failed projects and increasingly poor relations with big clients) - it is not clear how much more this company can withstand. Management seems intent on restructuring and downsizing the company.
The company work culture is difficult. The general attitude is to blame first and ask questions later. The only way to make it in the company is to cover yourself and make sure you can point fingers at a colleague if an error (no matter how minor) is made or something goes wrong. It currently seems that the most certain way to advance in the company is to be Dutch or French.
New management has been brought in throughout the company. Expectations, procedures, reporting lines, authority levels, etc. are constantly in flux and ever changing. Rather than streamlining procedures and processes to make the company responsive to client demands, internal processes and approval procedures are increasingly bureaucratic and cumbersome. New levels of middle-management and review and approval procedures are constantly added with the main effect being to irritate clients and make everyone's job more difficult..
Pay is low for the demands made on employees. The joke in the company is that SBM really stands for "Stay a Bit More." The pay in Monaco is low relative to the rest of the industry and the cost of living in the area.
