Barclays
3.1 of 5 427 reviews
www.barclays.com London, United Kingdom 5000+ Employees

Barclays Reviews in London, England

All Employees Current Employees Only

3.0 89 reviews

                             

82% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(22 ratings)

58% of employees recommend this company to a friend
18 Employee Reviews Back to all reviews
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Blocked from progress because of race

Client Services (Current Employee)
London, England (UK)

I have been working at Barclays full-time for more than 5 years

ProsGood on your CV
Work life balance is fine in my area

ConsCurrently short-staffed. For the past month 2 of us doing what 5 people normally did. There have been instances where I have been the only person on the desk.
There is still a glass ceiling for blacks. People get blocked multiple times from promotions..not even allowed to interview, or have to watch less talented relatives of long-serving staff members move up above them.
Pay is very low in my area of corporate banking compared to the market...cases where people on graduate programme getting almost double what people with 20 yrs experience who train them get.
Bullying culture is allowed to thrive by a network of lifers determined to slow the progress of those around them in line with their whims and fancies. They have contacts everywhere (HR are not confidential) so you either have to make your mind up to go to tribunal or straight to the top, threatening publicity. I have seen at least a dozen people bullied out of the business in my time here.

Advice to Senior ManagementIf you are really serious about changing the culture tackle the bullying and targetting still prevalent in the corporate bank.

No, I would not recommend this company to a friend

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Barclays review

Business Analyst (Current Employee)
London, England (UK)

I have been working at Barclays full-time for more than a year

Prosgood social scene and opportunity to work for a good company

Conspoor pay rewards and lack of promotion

Advice to Senior Managementincrease pay to recognise hard work

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internship salary

Intern (Current Employee)
London, England (UK)

I have been working at Barclays part-time for less than a year

Prosgood work team and good people

Consbad communication and low pay

Advice to Senior Managementbe more open to employees

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Company Politics

Mortgage Adviser (Current Employee)
London, England (UK)

I have been working at Barclays full-time for more than 8 years

ProsBrand, History, Past, Cannot think of any more.

ConsLost Ethos after the libor issue/ fines, no clear direction on the future growth.

Advice to Senior ManagementReward loyalty, Pay internal for promotion better and fairer.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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HR Director

Anonymous Employee (Former Employee)
London, England (UK)

I worked at Barclays full-time for more than 5 years

ProsStrong pay for performance ethic albeit that non-tranparent/discretionary bonuses meant you didnt actually know from one year to the next how you'd be paid. Some areas had strong HR leadership and direction. Knows where it wants to go but is too big to get there

ConsConstant management (and therefore agenda) change. Revolving door for good quality people due to personal issues rather than delivery of work. No ethics. Mates rates for bonus levels. Not honesty or integrity around decision making. Strongly hierarchical.

Advice to Senior ManagementSpeak to your teams, let them understand how decisions are made and walk the talk around honesty and integrity. We read how they want to change the organisation but reality is there is little or no drive to do it at senior management levels as they're all paid big money and it wont change until someone clears out the old guard and brings in people who genuinely want to change

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Bureaucracy gone mad

Information Technology - GTIS (Former Employee)
London, England (UK)

I worked at Barclays full-time for more than a year

ProsGreat pension and flexible benefits (sickness, holiday especially at 30 days). Buildings are light and modern. Well defined lines of responsibility.

ConsToo much red tape. Too many people who think their role is to preserve the status quo. Too much focus on immediate results to the detriment of any future planning.

Advice to Senior ManagementCreate a strategy for how technology fits within the business and deliver it.

No, I would not recommend this company to a friend

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  • No Opinion of CEO

 

Fawlty towers

Director (Former Employee)
London, England (UK)

I worked at Barclays full-time for more than 8 years

ProsCareer options whilst the bank was in a growth phase (until 2007)

Conspolitics,mediocricity, fear, dont do anything remotely proactive

Advice to Senior Managementstay on at whatever cost. It would be hard for you to find any other place for yourselves

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

Bureaucratic, political, self interested

Senior Marketing Manager (Current Employee)
London, England (UK)

I have been working at Barclays full-time for less than a year

ProsLearn how to work in a matrix
Very profitable business
Excellent grounding for understanding business financials and managing risk
Compensation is good

ConsNo empowerment
Small roles
Very slow decision making
Lots of layers
Very hierarchical with people more concerned with grade than with talent and ability

Advice to Senior ManagementEmpower your workforce, you pay well to get great talent then gve them small roles with unclear responsibilities.

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Very limited career progression and opportunties but ok work/life balance. Very UK centric culture.

Associate Director (Former Employee)
London, England (UK)

I worked at Barclays

Pros1. Work life balance is more possible to manage than in IB.
2. Industry salaries but on a higher than industry level.
3. Not a competitive environement between colleagues and relatively good job safety.

Cons1. Very process driven and buraucratic organisation.
2. Career progression is not structured.
3. Very stong UK culture - if you are a foreigner that might considerably slow down your possibility to grow and be promoted.
4. Limited career opportunties

No, I would not recommend this company to a friend

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Politics, red tape, office gossip. It depends where you land (NH, London, HH)

Commercial Manager (Current Employee)
London, England (UK)

I have been working at Barclays

Pros- Good compensation for either FTE or contract staff. Bonus is "ok" for financial services company, if you consider the economic climate and how boring the products actually are.
- You can select the office location, either Northampton or Canary Wharf for management, more locations for non-management staff.
- The colleagues are well educated, very social, friendly/polite and from good backgrounds. Capable.
- There is a lot you can learn within the payments/credit card industry.

ConsPOLITICS:
The amount of politics is mind-blowing. Barely anything gets done unless it goes up and down the entire hierarchy. Decisions-making, product-development and strategy processes will take ages. I have spent 1 year in this company and we as a team have not delivered anything so far.

PRODUCTS
Credits cards cater for a specific market and customer segment. Future of payments technology and processes is a question mark. Strong competition from all sides, i.e. which are more innovative and interesting/appealing to customers.

Work attitude
People are hired to get warm bodies onto seats and to keep them busy (at least trying to keep them busy). Nothing significant gets done in BC Global or BCE.

Advice to Senior ManagementLeadership is not connected to the actual staff and live in their own world. Management team are certainly capable of understanding subject matter but otherwise not capable of anything else, i.e. innovations or managing staff.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Barclays reviews and ratings in London, England — including employee satisfaction and approval rating for Barclays CEO Antony Jenkins. All 18 reviews posted anonymously by Barclays employees.