Barclays Reviews

Updated October 10, 2014
Updated October 10, 2014
588 Reviews
3.1
588 Reviews
Rating Trends

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

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance (in 57 reviews)

  • Work environment is average, it's comparable to other large banks (in 22 reviews)


Cons
  • no work life balance, no transparent perfomance rating system (in 19 reviews)

  • There have been increased senior management changes in recent years (in 27 reviews)

More Highlights

64 Employee Reviews Back to all reviews

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  1.  

    Summer internship at Barclays

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays

    Pros

    Laid back atmosphere. Nice managers

    Cons

    No open source code. Do no use latest technology,

  2.  

    Time to leave barcap

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

    I worked at Barclays full-time (more than 5 years)

    Pros

    Used to be a good place to work with smart people, although it went nose down after the libor news

    Cons

    The entire place git Really messed up

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    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 (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
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  5.  

    Experience at Company -- not good

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

    I worked at Barclays full-time (more than 3 years)

    Pros

    Laid back. Great events. Good compensation - ask for a good starting salary because it won't be changing once in.

    Cons

    Projects are constantly put on hold. Managers have no experience. It's all about who you know and no one does any work except for the people who have their visa sponsored. Everyone is in fear of losing their job all the time in most groups.

    Advice to ManagementAdvice

    Get your act together before this company collapses and your careers are destroyed.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Worst management

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

    I worked at Barclays full-time (more than 3 years)

    Pros

    If you are a consultant, great place to work

    Cons

    Terrible management. Unrealistic expectations for employees

    Advice to ManagementAdvice

    Of you rate employees on expectations, management should live up to those expectations themselves

    Doesn't Recommend
    Negative Outlook
  7.  

    Used to be place to work at

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays

    Pros

    Still sizable but with all the talent going else where.
    Can't think of anything else...

    Cons

    Horrible communication by management.
    CEO that has been put in by regulators in UK to do Lehman acquisition
    Impossible to get promoted these days
    Other banks will eat BCS lunch

    Advice to ManagementAdvice

    Do what is right for the firm.
    Grow some kahunas and stand up to overreaching regulators, remember Barclays didn't need a bailout.

  8.  

    Management does not care about work life balance and your career is determined by managers' internal politics

    • 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 (more than 3 years)

    Pros

    Can provide a decent (not great) learning platform

    Cons

    incumbent people, politics, blatant disregard of anyone below management and low pay despite tough working conditions

    Advice to ManagementAdvice

    Please try to be more aware of how things are managed and employees paid below the MD level

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Poor management

    • 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 full-time (more than an year)

    Pros

    work from home capability... when you're sick

    Cons

    management, hours, pay, terrible bonus

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Hemorrhaging cash, BWA cuts bonuses and makes VPs do the work of 3 people

    • 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 (more than 3 years)

    Pros

    Great research - name recognition...that's about it. It's very difficult to think of any other pros, honestly. People seem to be defecting left & right.

    Cons

    cut-throat culture; local Managing Director has a poor reputation in the industry and creates a challenging & hostile work environment; rather than fostering a team environment, mentorship and advocacy among subordinates and across business lines. It's a real morale killer. Sr. Mngmt pushes reps to sell proprietary structured products & ETNs, even if not suitable.

    Advice to ManagementAdvice

    don't hire people without proper due diligence to avoid bringing on-board another Firm's "throw-away"

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    One of the worst financial services companies I've worked for!

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

    I worked at Barclays full-time

    Pros

    High base salary, good medical benefits and comprehensive employee training for legal and compliance employees.

    Cons

    Unless you are in sales, good luck getting any salary raises or bonuses. You're pretty much stuck to the salary you started with, so make sure you negotiate your salary to your advantage when you start working there. Also, there is a horrible work life balance at the company. I practically lived at the office, eating dinner there and taking a car home pretty much every night while I worked there.

    Advice to ManagementAdvice

    Get rid of the of layers of bureaucracy, everyone and their second cousin seems to need sign-off for the most basic changes in the company.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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