BNP Paribas reviews

3.8

77% would recommend to a friend

(9,060 total reviews)
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Jean-Laurent Bonnafé

84% approve of CEO

61% positive business outlook

BNP Paribas has an employee rating of 3.8 out of 5 stars, based on 9,060 company reviews on Glassdoor which indicates that most employees have a good working experience there. The BNP Paribas employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

9K reviews
1.0
Sep 5, 2013
Recommend
CEO approval
Business Outlook

Pros

The only reason to work for BNP is if you're looking for the time off: 25 days annually for analysts and it goes up from there. Other than that....ummmm, errr....ahhhh...I'll get back to you. Actually, probably not.

Cons

Pay is laughable. However, since internal employee reviews of the company have all pointed to this as a huge negative for several years...can you guess what management decides to do in an attempt to correct it? They institute a new policy that states if you go "above and beyond" going forward you "may" get a little more of the pie next bonus cycle, yet there is no guarantee. So basically, do more and maybe we'll give you what you've been worth all along. Talk about an insult to those who have consistently gone above and beyond for mere peanuts year in and year out with no promotions or decent raises, and don't want to do it anymore since there was never an incentive or reward given when there should have been. Why couldn't BNP instead simply raise salaries on a whole, say 5%, since the problem was endemic within the corporation? Everyone without wool over their eyes knows that they're getting shafted at least 5% lower than current market rate. That's a no-brainer folks, but these fools in charge rather push more work on an already tired and demotivated workforce. French management coming over to fill positions of managers leaving (the new trend by the way) have absolutely NO clue, are rude and sarcastic, and do nothing to learn the culture or what matters to the employees here in North America. My group had a manager pushed on us from France with zero option to rebut. He started as a lower level manager and was promoted, within one year, to HEAD of the group, and now grabbing more groups from satellite offices. I was with the bank for SIX years and never saw anyone move that fast. Yet those of us who have been there and had fought the good fight were passed over constantly and handed the BS excuses as if we were all born this morning and weren't able to see the writing on the wall. BNP expects you to die in the position you're given if you're non-French or don't speak French, plain and simple. Now wonder people are leaving the bank like Krakatoa is about to explode for a second time. Avoid this place like the plague or don't listen and go and work for them. Eventually you'll see that this company is primitive both in it's business approach and handling of it's employees.

3.0
Jul 16, 2010
Recommend
CEO approval
Business Outlook

Pros

1. The people: working at BNPP is like hanging out with your family (a moderately dysfunctional one). In the back office in particular, it's a very congenial environment, people get along very well with each other on a personal level. 2. Benefits: while we are compensated worse and get less time off than the French at HO, our time off for the US market is pretty great. They recently bucketed all paid time off into one group (including sick days), but if you take care of your health and wash your hands regularly, you have 24 days a year to play with at worst (analyst level), and at best 34 (VP/Director/MD level). If you hang around for 15 years, you get 5 days more than you had, regardless of title. 3. Experience: Good place to start and acquire knowledge.

Cons

1. Compensation. You are likely to be given ten times more responsibility WAY before you ever get a bump in your salary. All compensation is reviewed by Paris HO and there is no global standard. Compensation varies greatly by department/manager and more often than not, people who do less work make more money. Title change does not necessarily reflect salary increase. 2. Very French-centric. Not speaking French here will get you nowhere. There is a French person sitting at the top of almost every totem pole and the French advance and are promoted, expat'd and compensated much faster than any American. Many Americans who have managed to reach the top get there totally disgruntled and when you complain about compensation, the typical response is "Welcome to my world". It's great that they understand your qualms, but it's almost as though you are expected to go through the same pain as they did in order for it to have been earned. 4. HR could really use some help. Their processes are archaic and mandated by Paris HR which has a completely different employee retention culture than the US. 3. Huge lack of ownership. A lot of people here stay here because it's so easy to fly under the radar, not many people take responsibility for projects and run with it, and when there is a mistake, everyone points a finger at someone else. Many employees here are not interested in excelling, they are not interested in working hard, they are not interested in staying past 4:59pm. The pro to this is that if you do work hard and want to excel, it's MUCH easier to get noticed and excel. However, you'll still get more responsibility way before you get paid for it.

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