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Hargreaves Lansdown

Engaged Employer

Hargreaves Lansdown reviews

3.0

34% would recommend to a friend

(619 total reviews)

Richard Flint

34% approve of CEO

27% positive business outlook

Hargreaves Lansdown has an employee rating of 3.0 out of 5 stars, based on 619 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Hargreaves Lansdown 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

619 reviews
1.0
Mar 24, 2024
Recommend
CEO approval
Business Outlook

Pros

Nice office Company events but you can only have time to get involved if you work full time Salary sacrifice benefits but again you can only make use of these if you earn a decent wage which on Helpdesk you do not.

Cons

Crap incompetent trainers, most of whom have barely been there for that long themselves who often advise wrongly meaning that customers are put at risk. Ridiculous targets and outdated systems that barely work properly and the amount of time we spend trouble shooting them we could be spending hitting said targets. Part time employees always on the back burner and made to feel inferior to favourites. HR an absolute joke. Whole environment a depressing nightmare where everyone is stressed because there's no time to effectively do all of the things our job requires and we're always getting new stuff thrown at us without adequate training to the tune of just over the living wage. Gaslighting emails belittling us every day, multiple times a day reminding us that we shouldn't be doing this this and this like we should somehow know without even being updated or trained on it. Manager favourites Inclusion? Haven't heard of it.

avatar
Hargreaves Lansdown Response
2y
Thank you for taking the time to send us your thoughts, though I’m sorry to hear your experience has not always been as you had hoped. Receiving this kind of feedback is really useful and has been passed on to the relevant department for review people.
2.0
Sep 26, 2016
Recommend
CEO approval
Business Outlook

Pros

Excellent business model with strong growth prospects and a highly loyal client base. Service levels are not as good as they used to be, but still a lot better than the competition. As long as you work hard there is little risk of losing your job. Opportunity to participate in share schemes, which historically have proved highly lucrative for long-standing staff members, although less so in recent years. Friendly people, social atmosphere, decent work-life balance unless you happen to work on one of the helpdesks during particularly busy periods like tax year end. Looks great on the CV. I've seen many people jump ship for better, more highly paid roles.

Cons

The last reviewer is correct, in the main. HL has become more and more bureaucratic and increasingly soulless. It used to be quite entrepreneurial, but now you feel like a cog in a wheel. Staff are seen purely as a cost, rather than an asset. Salaries and benefits are very low and employees are not rewarded for above-average performance. If you are ambitious and are looking to excel then I strongly suggest you look elsewhere. The company has thrown lots of money into HR and internal communications, which has done little other than increase bureaucracy levels further. The company continues to place shareholders before staff (the staff presentation with all arrows pointing to shareholders was a particular highlight!). Ironically, shareholders will be the ones left picking up the pieces unless the company starts investing more in staff and internal systems. We are struggling to cope with the rapid growth in client numbers, and service levels are declining. HL is a very bottom-heavy organisation so there are few opportunities for progression. Those that do occupy the higher roles are invariably only concerned with maximising their own salary. There are very few managers with good people skills. Most of the talented ones have left for pastures new. There are many control freaks in upper positions at HL - entrepreneurialism is generally stifled and don't even bother suggesting improvements/changes.

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Hargreaves Lansdown Response
9y
Hi, Firstly, we are really pleased with your positive comments, particularly that you like our business model and its room for growth, and naturally we take great pride in our loyal client base. Secondly, we’re sorry to hear that your experience is not matching our intention of being an excellent place to work. We are committed to creating a dynamic, entrepreneurial environment and, having listened to your advice, are investing more in our staff. An example of this is the new training academy we have built and digital learning content we are creating, with the purpose that staff have more opportunity to learn and study, to ultimately progress up the career ladder. Thank you for your ongoing contribution and feedback.
1.0
Jun 13, 2016
Recommend
CEO approval
Business Outlook

Pros

Good name to have on your CV

Cons

Poor benefits - 20 days holiday, statutory minimum pension contributions & sick pay, no flexible working. Most directors are short sighted and only interested in earning more money for themselves, even if it's at the expense of the wider business or employees in their teams. No respect for experience or knowledge of current employees. Promotions now filled externally which means for most people the only way to progress in their careers is to leave HL. Chief executive is utterly uninspiring, he's rarely seen and seems to treat most employees like they don't exist and certainly don't matter.

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Glassdoor has 647 Hargreaves Lansdown reviews submitted anonymously by Hargreaves Lansdown employees. Read employee reviews and ratings on Glassdoor to decide if Hargreaves Lansdown is right for you.