Barclays

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Barclays Reviews

Updated Jul 28, 2014
All Employees Current Employees Only

3.1 521 reviews

70% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(154 ratings)

57% 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)

More Highlights
161 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

     

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

    Anonymous Employee (Current Employee) New York, NY

    ProsDIrect 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.

    ConsVery 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 Senior ManagementIdentify, mitigate then eliminate the extreme bureaucracy.

    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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    • No Opinion of CEO

     

    Technology Analyst

    Analyst, Information Technology (Current Employee) New York, NY

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

    ConsNot very tech-oriented.
    Management is set in their ways.
    Scope for innovation in technology is limited.

    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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    Software Engineer

    Software Engineer (Current Employee) New York, NY

    ProsChallenging work, intelligent colleagues, great benefits

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

    Advice to Senior ManagementI'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.

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

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Gender ratio is horrendous

    Anonymous Employee (Former Employee)

    ProsIntellectually engaging, top management cares somewhat

    ConsPolitics, lack of stability, gender ratio

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    excellent

    Assistant Vice President (Current Employee) New York, NY

    Prosgood brand name
    strong presence in UK

    Consunreliable strategic thinking
    not easy to move around internally

    Advice to Senior Managementdont force everything to be done UK way

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
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    • Disapproves of CEO

    1 person found this helpful  

    Bank going wrong direction

    Associate (Current Employee) New York, NY

    ProsBulge bracket infrastructure and experience.

    ConsDouble penalized by the U.K. and the U.S.; CEO who is not fit to run an investment banking business.

    Advice to Senior ManagementBenchmark what your 'U.S. competitors' are doing in terms of operating the banking business and the compensation. Also the CEO should be someone with an investment banking background.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

     

    Corporate, lots of regulation, too many formalities/paperwork to get things done

    Vice President (Current Employee) New York, NY

    ProsSmart driven people in front office functions
    Good work life balance

    ConsLike most banks heavily hampered by new regulation
    Some people in support roles (middle/back office) can be difficult to work with - uncooperative, unmotivated, restricted by policies and procedures
    Systems are bad, getting better, but very slowly

    Yes, I would 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
    • Disapproves of CEO

     

    Too big too fast

    Assistant Vice President (Current Employee) Jersey City, NJ

    ProsSome good people amidst a sea of people who've checked out; good work life balance

    ConsToo many systems and the compensation system is flawed

    Advice to Senior ManagementCut the incompetent. Pay your good people

    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

     

    I have been working here for the past 4 years

    Assistant Vice President (Current Employee) Wilmington, DE

    ProsGrowing company - part of global bank; salaries high with respect to peers; good work life balance

    Conscareer advancement opportunities limited - stagnation at middle management level (AVP)

    Advice to Senior Managementgive adequate opportunities for employee career advancement;try to look beyond one-partner dependencies (organic growth, M&A etc.)

    Yes, I would recommend this company to a friend

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

     

    A good bank still struggling to sort itself out

    Anonymous Employee (Former Employee)

    Pros-Very good employee benefits - healthcare, discount programs, pay, time off
    -The firm gives its employees the resources they need to succeed. There learning management system and career education resources are helpful.

    Cons-There's a lot of bureaucracy. Trying to fix a simple IT issue takes a lot of calls and waiting to get in touch with someone that can actually help. Managing projects across the firm is tough...there's a big disconnect between London and New York.

    Yes, I would recommend this company to a friend

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