Barclays Reviews

Updated August 27, 2015
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Barclays Executive Chairman John McFarlane
John McFarlane
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Pros
  • Easy to manage Work life balance (in 60 reviews)

  • A steady work environment with some really good people (in 23 reviews)

Cons
  • We had to do overtime everyday so work/life balance was no so good (in 20 reviews)

  • Senior management were dictatorial (in 28 reviews)

More Pros and Cons

147 Employee Reviews

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  1. Helpful (1)

    Like most other Banks of it's size

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    Groups are flexible, International Exposure, Size of Company, Free Coffee, Good Use of Current Technology, Flexible Scheduling, Ok Health Benefits, Onsite Doctor

    Cons

    Terrible Management, Continuous Layoffs, British Focused promotions, Clear Glass Ceiling for Minorties and Women, Highly Politicized working Environment, Long Long Work Hours

    Advice to Management

    Quit Already, Why are there three Layers of middle management, why do i report to so many "stake holders". Seriously why can't i have more than 2 monitors traders can have 6, The cafeteria is subsidized really


  2. Helpful (1)

    I contracted at Barclays within the Counterparty Credit Division

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Contractor in New York, NY
    Current Employee - Contractor in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    I noticed the firm is good with allowing employees to take time of for training

    Cons

    -I was in Credit Risk and it was the most boring job that I ever had -Weird British culture - certain employees feel that they could take credit for your work or that the credit should be divided evenly. In reality, these employees did not do nearly as much work as the others did on the team. -If you did a good job on a project that others lack the technical skill sets to complete and moreover, if your work is deemed usable by the team (speaks for itself about the quality), be prepared to be put down by jealous co-workers -Jealous co-workers will nitpick to find the smallest details that are wrong with your work and magnify them to make you look bad -Generally speaking, the technical skills(basic excel/Visual Basic) of AVP/above levels are slightly above zero -If you're a female, everything is a bit easier and people are less likely to get on your back about your lack of technical skills -EVERYONE COMPLAINS ABOUT THE PAY

    Advice to Management

    -Communicate with your employees/contractors regularly (unfortunately, I feel that I am stating the obvious) -Managers know the daily responsibilities of the job that they are hiring for so don't hire people who are overqualified for data-entry roles and then wonder why they are asking you for permission to apply for full-time opportunities with other groups at the firm


  3. Helpful (1)

    No growth opportunities

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Long Island City, NY
    Current Employee - Anonymous Employee in Long Island City, NY
    Doesn't Recommend

    Pros

    - Conveniently located near New York city - Opportunities for international travel (if you are lucky) - Good work life balance - Some teams/managers are good to work with

    Cons

    - No clear path for career advancement and growth - Management doesn't care for employee development and training - Some managers are good number crunchers, but extremely immature when it comes to people management - Out of the box thinking is extremely limited - Back-office feel, bit disconnected from day-to-day business action overseas - Performance evaluation process is not very transparent, and big time faviouratism exists. Brown nosing is your biggest asset, team players are not recognized. - Extremely vertical management structure, where senior management is not very approachable

    Advice to Management

    - Please seek out training on how to manage and lead your team - Team will respond better to better transparency and trust - Just saying "thank you" and "good job" can go a long way in building employee morale - Stop taking people for granted


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  5. large co, lost in translation!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    talented people and good assets

    Cons

    Poor processes and lack of agility

    Advice to Management

    Need to get heads out of the sand and embrace bold changes.. Also single-minded focus on bottomline at cost of employee welfare is damaging!


  6. Helpful (1)

    At the time I was employed then part of a RIF in 2010, the company was still in transition from its days as Juniper.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Wilmington, DE
    Former Employee - Anonymous Employee in Wilmington, DE
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    There were alot of talented people at the time, but the efforts were not being managed correctly. There was no strategic position or vision. Barclay's was beginning to take over the management and resources to refocus the business.

    Cons

    At the time, many of the people were scrambling to CYA and the environment was dog eat dog.


  7. Average pay, seems difficult to advance/move to middle of front office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Jersey City, NJ
    Current Employee - Operations Analyst in Jersey City, NJ
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Barclays full-time (Less than a year)

    Pros

    Average pay. Decent work/life balance. Quality and friendly mid-level managers who seem to care.

    Cons

    Average pay. Disconnect between Higher level managers and mid to lower level employees. Seems difficult to move from back office to middle or front office. Not expecting to work here for more than 2 years.


  8. Helpful (1)

    Typical banking culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in San Francisco, CA
    Current Employee - Analyst in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Barclays full-time (More than a year)

    Pros

    Looks good on your resume but that is about it. Good place to work if your title matters to you more than the actual work you are going to do.

    Cons

    Very bureaucratic and disorganized place. Lots of mediocre folk parading the little knowledge they have. Technology is really outdated, makes life a lot harder. Big time double standard when it comes to telling our clients how amazing we are doing but then your pay sucks. Admin staff is stretched beyond limits. Ridiculous cost cuts take away everything and anything that was covered. That includes no alcohol at "office parties". Zero work life balance.


  9. IT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Doesn't Recommend

    I have been working at Barclays full-time (More than 3 years)

    Pros

    Depending on your team, you may get opportunities

    Cons

    Work flow has become very beauraucratic


  10. Less focus on people development and limited growth opportunities in New York office

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President Marketing Analytics in Long Island City, NY
    Current Employee - Assistant Vice President Marketing Analytics in Long Island City, NY
    Doesn't Recommend
    Neutral Outlook

    I have been working at Barclays full-time (More than 3 years)

    Pros

    Opportunity to work in Europe

    Cons

    Limited growth potential in New York office. Senior management is very low skilled in terms of people development

    Advice to Management

    Focus more on employees' career and be less selfish


  11. Mixed--good people are there, but you have to find them between the clutter

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at Barclays full-time (More than 3 years)

    Pros

    Good work life balance if you want it

    Cons

    Poor upper management; Have no idea how compensation decisions are made

    Advice to Management

    Compensate top performers; grow junior staff (very little respect for junior staff, top-heavy institution).



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