Not a meritocracy - Fixed Income BNP Paribas Employee Review

1.0
Apr 19, 2014
Recommend
CEO approval
Business Outlook

Pros

Those who are patient and wait it out will eventually be rewarded, regardless of their competence. Base salary is ok. There's not a great deal of pressure of staff. Overtime isn't usually expected.

Cons

Competence and new ideas are feared and discouraged. A culture of celebrating mediocrity keeps poor managers in a job. False economies that cut costs in simplistic ways but don't consider the knock on effects that ultimately waste more money than what was saved. Bonuses are the poorest in the industry and have seemingly nothing to do with merit or performance appraisals. Yearly staff share scheme was cancelled without explanation. Very weak HR. Result is business lines doing as they please for short term gains while doing long term damage. Management are generally avoidant of confrontation. Result is a tense undercurrent.

Explore other reviews about BNP Paribas

5.0
Jun 9, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great place to work overall

Cons

None I can think ok

1.0
May 8, 2026
Recommend
CEO approval
Business Outlook

Pros

The only good thing about this place were the Nespresso machines.

Cons

I rarely leave reviews, but future job seekers deserve fair warning. From day one, it was clear that micromanagement was a core operating principle here; not a quirk, but a feature. Managers routinely hovered over routine tasks, demanded pointless status updates multiple times a day, constantly changed directives, took credit for my work, and treated experienced professionals like they couldn't be trusted to send an email unsupervised. Any sense of autonomy was purely cosmetic. The culture was equally poisonous. Gossip wasn't background noise; it was practically a department function. Colleagues regularly spoke poorly of one another behind closed doors, cliques formed and hardened fast, and if you weren't part of the right group, you felt it. Unkind doesn't begin to cover it. Basic professionalism and common decency were in short supply. Management set the tone for all of it. Leaders who should have modeled integrity instead participated in the drama, played favorites openly, and addressed conflict with either complete avoidance or outright retaliation. HR was not a resource — it was a shield for bad behavior at the top. I left for my own sanity. The turnover rate here should tell you everything. Life is too short and your career too important to spend either in an environment like this one.

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