Barclays

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Barclays Reviews in London, England

Updated Jul 16, 2014
All Employees Current Employees Only

2.9 109 reviews

70% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(30 ratings)

52% of employees recommend this company to a friend

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance(in 50 reviews)

  • Flexible work from home, multiple network of mentors(in 11 reviews)


Cons
  • Transfers are very rarely given to help staff in work/life balance unless you are management(in 18 reviews)

  • There have been increased senior management changes in recent years(in 24 reviews)

23 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Started off all right...

    Project Manager (Former Employee) London, England (UK)

    ProsGot to try out a few roles when I started, got some good experience and training, and (while not relevant to me) they supposedly allowed for a good work-life balance for working mums.

    ConsChange after change after change. Everyone was constantly ready for battle, knowing you'd be at risk every 6 months meant everyone was fighting against their colleagues, doing anything they can to make themselves look better. Projects regularly started and thrown aside, wasting time and money and killing motivation. Hoops to jump through at every stage.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    Contracting and culture not changing

    Director (Former Employee) London, England (UK)

    ProsScale and opportunity to do different things

    ConsActions do not match words when talk of values and changing culture. Workforce treated as resources in a short termist way rather than long term partners in achieving the corporate goals.

    Advice to Senior ManagementThink beyond this budget in your planning and how you treat staff.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

     

    Not what it was!

    Various (Former Employee) London, England (UK)

    ProsWell it's a job but nothing like it was even 20 years ago. I left an organisation which I'd worked for for 35 years felling relieved to be out of it.

    ConsThe bank still maintains a target driven culture that inadvertently encourages bad behaviours across the board. "Bonuses" at the branch / call centre level are unreliable and frankly subjective.

    Advice to Senior ManagementTalk to your older long serving staff. Ask them how the bank used to run for the benefit of customers, shareholders and staff.

    No, I would not recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Meritocracy nothing but a buzzword

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

    ProsYou work together with very talented people.

    At least during my time a good name to have on your resume.

    ConsThe company is extremely political. The one thing you need to know is you will only get promoted if you have a good relationship to your management. Performance of course is part of that, but unfortunately by far not the most important one. Far from the meritocracy they promote when hiring you.

    Pay. Gets smaller by the year. And an increasing workload as they keep cutting people.

    Culture and morale. The culture is far from cooperative. You have to be lucky to get into a good team. My management didn't care one bit about what I was doing. Morale is extremely low since from the very beginning that I've been there they like to have job cutting rounds twice a year. You just wait to see if you're part of the next one.

    Advice to Senior ManagementThe company needs a serious change in culture. I truly hope the big cuts announced now will be the last ones as I fail to see why anyone would want to work in such an environment for any longer time.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    declining

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

    Prosone of the biggest banks in the uk.

    Constoo many changes recently. management seem to be confused about stakeholder management. employees are at the losing end of the bargain

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Blocked from progress because of race

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

    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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Barclays review

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

    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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Company Politics

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

    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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    internship salary

    Intern (Current Employee) London, England (UK)

    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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    HR Director

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

    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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