Barclays
3.1 of 5 500 reviews
www.barclays.com London, United Kingdom 5000+ Employees

Barclays Reviews

Updated Jul 6, 2014
All Employees Current Employees Only

3.1 500 reviews

                             

71% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(144 ratings)

58% of employees recommend this company to a friend
55 Employee Reviews Back to all reviews
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    Worst management

    Event Manager (Former Employee)
    New York, NY

    ProsIf you are a consultant, great place to work

    ConsTerrible management. Unrealistic expectations for employees

    Advice to Senior ManagementOf you rate employees on expectations, management should live up to those expectations themselves

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

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    Used to be place to work at

    Anonymous Employee (Current Employee)

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

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

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

    Vice President (Current Employee)
    New York, NY

    ProsCan provide a decent (not great) learning platform

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

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

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

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    Poor management

    Anonymous Employee (Current Employee)

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

    Consmanagement, hours, pay, terrible bonus

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

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

    Vice President (Current Employee)
    New York, NY

    ProsGreat 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.

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

    No, I would not recommend this company to a friend

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

    Compliance (Former Employee)
    New York, NY

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

    ConsUnless 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 Senior ManagementGet 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.

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

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    Very poor compensation no outlook

    Vice President (Current Employee)
    New York, NY

    ProsTraining
    Good health benefits compared to American banks
    Towards flexible working

    ConsNo bonus and raises
    Very poor compensation
    Flexible working is only on paper
    High attrition

    Advice to Senior ManagementRethink the compensation. Attrition is very high
    Bring different entities of the firm to work as one company
    Bring open door policy

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

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    Terrible.

    Cashier (Former Employee)

    ProsNone what so ever. Awful place to work.

    ConsManagement, pressure for sales, complete disregard for anything personal.

    Advice to Senior ManagementStop being so uptight. Your sales are great, but remember why you got the holidays you did and who you should thank. Also, if a member of your staff passes away - SHUT THE BRANCH AND LET THE REST OF YOUR STAFF ATTEND THE FUNERAL.

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

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    bad senior management...

    Anonymous Employee (Former Employee)
    Long Island City, NY

    Proswork life balance is fine...

    Conslot of politics..
    inexperienced managers...
    doesn't care about employee satisfaction...
    lie about bonuses at the time of joining...

    Advice to Senior Managementemployees run the company...and it is important to keep them satisfied and happy...also, please make sure....those who are managing analysts...have decent people management and project management/planning skills...

    No, I would not recommend this company to a friend

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    A truly awful culture; political, blame, "jobs for the boys/girls" - avoid at all costs

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

    ProsMoney - they have to pay high end to get anyone to work there
    Benefits - the pension, insurance and stock options are pretty good
    mmmm that's it

    ConsSenior Management know they are fighting a losing cause so surround themselves with "yes" people and pull up the drawbridge.
    Presentee-ism culture - and backward looking - they block the use of Social media in this day and age!!!
    Execution driven and cant stick to a plan, strategy...analysis and forward thinking are non existent
    Huge distrust between Management and middle ranks
    There own self defined definition of "Talent" is "The top 200" or "SLG" - nothing else matters and forget the notion of talent rising through the ranks - they just buy in at the top. Even supported by what is well known to be the worst HR Management in FTSE.
    CEO is slowly smothering the cash cow Investment Bank rather that re-structure the company properly.
    The "culture change" programme has been a flop - C suite think by "sheep dipping" 100,000 employees through a 2 hour culture session it will change the company's culture!!!
    Have a look at the Salz Review and see how Barclays has missed nearly every target set for sustainable change

    Advice to Senior ManagementCreate a vision that isn't just about appeasing regulators and stick to it!
    Value and understand your people - you just don't and the current HR are incapable of this.
    Change your HRLT; they are a laughing stock in the City and climbing over each other to curry favour with C suite rather than attract, retain, develop and reward Talent.

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

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