AJ Bell reviews

4.0

74% would recommend to a friend

(448 total reviews)

Michael Summersgill, Andy Bell

84% approve of CEO

79% positive business outlook

AJ Bell has an employee rating of 4.0 out of 5 stars, based on 448 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AJ Bell employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

448 reviews
1.0
Jun 15, 2016

Great colleagues, horrible bosses.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company hires decent, hard working people in a range of ages who do their best. We can make our own hot drinks and we have dress down Fridays.

Cons

From the top down. If you're a woman, forget it, unless you're married to someone else at the top. (Nepotism is rife here). Managers have no interest in staff welfare and have allowed bullies to thrive in their positions unchallenged, leading to a poisonous culture of bad mouthing and interteam rivalry which does nothing for customer outcomes. Want transparency in pay, flexible hours, supportive management, bosses who actually follow the company's published principles? Forget it. If you want to turn up, get paid, go home and go nowhere, this is the place to work. It's a pensions company with a terrible pension scheme. This tells you everything you really need to know.

1.0
May 23, 2016

Worst company ever, do not work for them

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are no pros. Unless you consider a random visit from the CEO as a pro.

Cons

This company states that their core principles are personal, human, ethical and have staffs best interests at heart. This is completely untrue. This company treats staff like the dirt on their shoes and do not care about them. It is all about corporate decisions with complete disregard to the staffs' feelings. HR department...a joke. They act like they are approachable but in fact they work for the company, not for the staff. Massive difference between senior management and everyone else...take it as you will. Bunch of hypocrites. They give you incentives which you think are amazing, but in fact are the worst incentives in comparison to other companies in the same industry.

1.0
May 23, 2016
Recommend
CEO approval
Business Outlook

Pros

Great Experience for 18months - 2 years if straight out of school/university and looking for a career in Financial Services. If you're lucky enough to get a parking spot in town (waiting list) - this is the most valuable benefit on offer (no really - financially the parking space is worth more than the pension). Easy life if you live locally.

Cons

Pay in the Tunbridge Wells office matches the pay in the Manchester office so is CONSIDERABLY below market. I TRIPLED my salary within a year of leaving. Progression is limited and there is rampant favouritism and cronyism. No Salary bands are provided either so there is severe opaqueness in pay structure, which inevitably leads to huge turnover (over 30% in 2014, I believe) when people do learn of colleague's salaries. The benefits, particularly the pension (3% matched - which by the way will be mandatory for all firms in 2018), are so terrible such that tea-making facilities are listed as a benefit on the employment contract. Ironic how bad the pension is, given that pensions form a large part of business. Other benefits: Death in Service (but only 3x). Town centre car parking, but there is waiting list of around a year. That's it. They do offer to pay for training for the most basic qualification (the IOC), but very inflexible for additional training. They refused to allow me take time off for to do the study course for highly recognised CISI Diploma even though, because they refused to pay for it, I had forked out £1500 for it. They insisted time off for study come out of holiday! Massive dislocation between the Tunbridge Wells (TW) and Manchester (HQ) offices. TW office ignored by the head honchos in Manchester as a satellite office, but still didn't have any autonomy (there was no single individual in charge of the 120+ staff at the TW office). Very disjointed management structures. HR were very disinterested and Senior Management are worse. When there were three consecutive years of poor results on the annual Times Best Companies survey - management told the junior staff and team leaders to identify the specific issues causing the disgruntlement, work out some solutions and report their findings to management (to implement, if they felt like it). Senior Management didn't get involved until all the work had aleady been done! There were also a lot of recurring problems,e.g. Data Protection Breaches that were being reported to the Board on a monthly basis, but the Board rarely, if ever, did anything about them. There was no top-down reinforcement of culture as the Board had no interest in the day-to-day running of what is still quite a small business, nor the staff.

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