Barclays Reviews

Updated August 26, 2014
Updated August 26, 2014
555 Reviews

3.0
555 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Barclays Group CEO Antony Jenkins
Antony Jenkins
171 Ratings

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)

More Highlights

333 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources Analyst  in  New York, NY
    Current Employee - Human Resources Analyst in New York, NY

    I have been working at Barclays as a contractor for less than a year

    Pros

    It provided me a great global exposure

    Cons

    There are no Benefits - health, paid leaves etc.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Very good personal experience in small team but overall organization needs a great deal of work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    DIrect managers are extremely caring and a joy to work for. Flexibility, boss is extremely understanding of all outside factors. Work/Life Balance provides opportunity to focus on family life. Down to earth colleagues make for a collegial environment. Independence to build, own and manage processes lets you make what you want of your role.

    Cons

    Very bureaucratic, it takes forever to get an answer or an approval due to countless layers and endless mixed messaging. Extremely slow pace for anything.
    Compensation was flat out bad and promotion process is inconsistent. No focus improving, just a focus on cutting costs. Very volatile organization with no stability due to lots of layoffs and a revolving door of employees. Communication is lacking as folks make decisions in isolation. Directors sit with their doors closed and many colleagues ignore emails and do not return voicemails.

    Advice to ManagementAdvice

    Identify, mitigate then eliminate the extreme bureaucracy.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Great place to start a career in finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY
    Current Employee - Analyst in New York, NY

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

    Pros

    Investment banking at Barclays provides a great learning experience for college graduates.

    Cons

    Compensation is never above the street.

    Advice to ManagementAdvice

    Work-life balance could improve if not the compensation, early promotions could help to retain talent

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Bank in a state of flux

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate  in  New York, NY
    Current Employee - Sales Associate in New York, NY

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

    Pros

    Excellent talent to work with and a vast array of products to sell. Working with management side by side truly helps get you involved in the banks plans as a whole and what direction they are going.

    Cons

    The talent is all leaving, either voluntarily or being forced out and what is led i'm not sure will be a sustainable institution for very long.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Head of Latin American Interest Rate and FX Valuations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Barclays full-time for more than 3 years

    Pros

    You're pretty much left alone to direct your own career

    Cons

    Extremely limited opportunities within the firm. Can't keep its name out of the news

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Technology Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst, Information Technology  in  New York, NY
    Current Employee - Analyst, Information Technology in New York, NY

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

    Pros

    Nice work-life balance.
    Definite opportunity for growth.
    Exposure to wide array of technologies.

    Cons

    Not very tech-oriented.
    Management is set in their ways.
    Scope for innovation in technology is limited.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Software Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer  in  New York, NY
    Current Employee - Software Engineer in New York, NY

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

    Pros

    Challenging work, intelligent colleagues, great benefits

    Cons

    Outdated technology, limited developer control, unstable management and business units

    Advice to ManagementAdvice

    I'm obviously biased, but I think the banks should shift some of their focus away from traditional business units and look to excel technically. They risk losing talent otherwise.

    Doesn't Recommend
    Negative Outlook
  9.  

    A great experience and enjoyed the team and technical work environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ETL Backend Tester  in  Wilmington, DE
    Current Employee - ETL Backend Tester in Wilmington, DE

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

    Pros

    Got well together, amazing infrastructure and amazing team support. Flexibility in timings. Wonderful learning experience. Great platform to exhibit self ingrained skills.

    Cons

    some challenges i have encountered here is I took a little of time for me to first catch hold of the financial sector and its intricacies.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Ehhhh.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst  in  New York, NY
    Current Employee - Operations Analyst in New York, NY

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

    Pros

    Most of the people I have met are very helpful. Great health benefits, 401k match.

    Cons

    Promotion process is unclear and completely different depending on the area of the bank you work in. There are seemingly people with titles who shouldn't have them as they don't do anything, or know what you would expect them to know for having that title. Executive management does not appear to have a pulse on all the negative sentiment that exists internally. Not a fun place to work. Direct mgmt seemingly doesn't care about it's staff. It's not a growing company, it's a shrinking one. No raises for years. Seemingly impossible to get an interview internally without knowing someone. HR is the worst. They are slow to respond: to queries, job submissions, etc. completely unhelpful.

    Advice to ManagementAdvice

    Needs a complete overhaul. All the money spent paying McKinnsey for the review has seemingly been wasted for the moment.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Not typical IB bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays

    Pros

    Work life balance
    Relatively reasonable work hours as compared to other IB banks

    Cons

    Too big
    Does not pay
    Used to promote, now the policy changed. No promotions anymore

    Advice to ManagementAdvice

    Too many policy changes from manageement

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

Worked for Barclays? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.