Barclays Reviews

Updated March 24, 2015
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128 Reviews
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Barclays Group CEO Antony Jenkins
Antony Jenkins
230 Ratings

128 Employee Reviews

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  1. 1 person found this helpful

    Never-ending bad news, layoffs = bad morale

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

    I have been working at Barclays

    Pros

    Compared to other investment banks, decent work/life balance.

    Cons

    Since the bank announced last May that the investment bank will be shedding 7000 jobs, the mood has been bad. Morale is poor. Annual rankings force each manager to classify 10-20% of their direct reports as "needs improvement". Anybody that gets this ranking is let go. In other words, every manager has to let go of people every year.
    The number of scandals and regulatory issues Barclays is currently involves with is embarrassing and depressing.
    Bonuses were laughable or nonexistent.

    Advice to ManagementAdvice

    Recognize the value the Investment Bank brings to the business.
    Stop blaming prior management for all current problems.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. Bank is shrinking from relevanace

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

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

    Pros

    The bank has a Team Culture

    Cons

    Excessive middle management
    Insular company - didn't work well outside its defined boundaries unlike some companies who push their boundaries

    Advice to ManagementAdvice

    The decision making became like cement try to move beyond the damage

    Doesn't Recommend
    Neutral Outlook
  3. Horrible moral

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays

    Pros

    Not a sweatshop environment like a GS

    Cons

    Unmotivated team, no growth, talent attrition

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  5. company trying to figure out its NA and APAC brand....

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays

    Pros

    large global company with opportunity for mobility if you get the right support/sponsorship.

    Cons

    alot of turnover with senior management. growing and trying to figure out people operations. emea is strong. americas and apac are disconnected from the corporate centre.

  6. 3 people found this helpful

    Terrible experience, sinking ship

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays

    Pros

    Decent seamless allowance ($25 per)

    Cons

    1.No vision
    2.No commitment to excellence
    3.Rampant dishonesty with colleagues and reports
    4.No culture
    5.No community
    6.Far below average pay
    7.No opportunity for advancement, stagnant

  7. 2 people found this helpful

    Chicken without a head

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President In Technology in Whippany, NJ
    Current Employee - Vice President In Technology in Whippany, NJ

    I have been working at Barclays full-time (more than 10 years)

    Pros

    Work/Life balance achieved through telecommuting, 4 weeks of vacation, holidays, package of benefits. 401(k) matching up to 6% of salary

    Cons

    There is no proper human resource direction in technology area, jumping in various directions with the "workforce location strategy". Development process is hindered by multiple "red tapes", requirements for tons of unnecessary documents, etc.

    Advice to ManagementAdvice

    No bank today can survive without proper technology - get some focus there, define practical goals, and follow on implementation. Finally, establish a proper "technical career pass" to preserve your investment in technical talents.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful

    HR

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays full-time

    Pros

    Experience
    Good coworkers
    Nice location with lots of food choices

    Cons

    No work life balance
    Very high depending

  9. No Clear Strategy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Documentation in Houston, TX
    Former Employee - Documentation in Houston, TX

    I worked at Barclays full-time (more than a year)

    Pros

    Compensation was competitive. The people who came from NYC to train us in Houston were great.

    Cons

    Poor work life balance. Manager had an NYC state of mind so she was not concerned with working timely and efficiently. Managers tend to micro manage and there is no consistency across teams. The benefits were just ok as far as prescription coverage I felt I paid more with Barclays. The company is behind tech wise and they are just now going through changes other banks went through years ago. They are having another relocation strategy after less than a year in Houston.

    Advice to ManagementAdvice

    Stop making decisions so hastily. Value people more and don't be such a stickler for days off after working people for more than 12 hours a day.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful

    Bad company

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

    I worked at Barclays full-time

    Pros

    The health insurance plans, benefits, and 401k are the best aspects of working for this this company. There is also the benefit of working around some very intelligent individuals.

    Cons

    applicable to operations teams at the company:

    Poor pay
    High stress
    Low employee morale
    Culture is very poor
    Lack of gratitude from management
    No positive reinforcement
    Only acknowledgement when there are problems
    High level of scrutiny
    Promotion process and salary increase is poor …ex: very possible that you will make less than the team you manage bc you lose overtime and the adjustment for that loss is terrible
    Inconsistent and unfair tuition reimbursement policy (discriminatory)
    No company holiday parties
    No group holiday parties
    Poor management at most levels* (there are a handful of good managers who want you to succeed, and who are willing to take time and offer advice, however, these are the minority and you must generally seek them out)
    Not somewhere to have a long career

    Advice to ManagementAdvice

    improve morale, pay better, show appreciation for the hard work of many employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. Demotivating and uninspiring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President IT in Jersey City, NJ
    Former Employee - Assistant Vice President IT in Jersey City, NJ

    I worked at Barclays full-time (less than a year)

    Pros

    Company has a lot of good people working internally. Great skillsets and good personalities, talented as well. Great place to hang out at if you don't like doing much work or accomplishing much of anything. Pay is decent, but below market rate for location.

    Cons

    Lack of ability to get anything done. Everything is rule by committee and unless you're Director level or above, no one listens to nor cares for your opinion, no matter your level of expertise. Dual-headed teams engenders competition and lack of clear direction inhibits progress. Promotion is done via good ole boys network and grading for reviews is done on a curve; one person must receive a poor grade even when undeserved. If you're not in the UK, your opinion does not matter.

    Advice to ManagementAdvice

    Instead of playing politics, focus on listening to people and enabling success. Stop grading on a curve and start focusing on doing things, versus not rocking the boat.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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