Finance = $ - Anonymous employee National Grid Employee Review

1.0
Jul 22, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Extremely focused on financial results Entire industry is changing Many many new people in finance

Cons

If you are not a manager in Finance, your 10% incentive compensation is much lower than what it used to be A lot of people work one or two days from home, but some senior management don't like it It is a British company and they are in charge, US Finance plays a support role and mostly just say "yes" and follow 50%+ turnover in the finance function in Waltham HQ during 2016/2017 and a lot of good people left finance to join other parts of the company, to keep higher bonus pay and better title Some directors in Finance are just managers and many employees talk behind their backs and complain about them, many of these directors just give orders and don't know how to do their job Low morale at work Not many learning opportunities and management don't follow best practices, but they always claim to Management can not listen to suggestions, they don't seek ideas/opinions different than what they know/are comfortable with, and more than 50% of the employees company wide don't feel safe to talk and this has been a long term issue They don't promote from within, and many managers and directors have been hired from outside during the past 12 months, likely with lower pay to reduce overall costs, and they don't know Utility Finance and they pretend they do; therefore they can not teach, don't know how to teach, and they are just surviving too Management wants to paint a picture of successful changes

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1.0
Jun 30, 2026
Recommend
CEO approval
Business outlook

Pros

At NGED the few pros are lessened by the day as the cons are increasing. The idea of a career has gone and now most are resigned to just having a job.

Cons

Aside from the reality being very different from what the leadership team sell IE they don't care about people or net zero, it's all spin and marketing. Now at NGED we are in a situation where staff you have known for many years simply disappear from duty and no one seems to know why, a couple of weeks later they have left the business with an NDA. It's happening all over the business. There seems to be a drive to remove any leaders who have industry technical knowledge and replace them with people from outside the industry who knows little to nothing about electricity. Despite safe to say being an important value, speaking out against this usually results in an NDA. It's toxic positivity where playing along seems to be more important than the role you fulfil.

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