Barclays

www.barclays.com
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123 Employee Reviews Back to all Reviews

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  1.  

    Investment Banking

    • 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

    Pros

    Fast-paced work environment, interaction with some very smart individuals, opportunities to work on interesting transactions.

    Cons

    The culture can be very challenging, and there is very little work life balance present with long hours being the norm. The work environment can also be very bureaucratic.

  2.  

    Operations Graduate Program

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

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

    Pros

    Opportunity to experience different groups
    Great training and continued education courses to take.

    Cons

    The moral of the firm and specifically in Operations was always negative. Too many groups are being outsourced.

    Placement process is a little shady but if you know what you want just go after it and speak directly to the appropriate manager asap.

    Advice to ManagementAdvice

    Put in place a more transparent promotion process. People are there for 10+, 20+ years and they are still analysts... doesn't make sense.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Interesting

    • 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

    Pros

    They provide work/life balance arrangements.

    Cons

    Not enough promotions within the firm. Needs to work on the culture of the bank. Increase bonus or base salary pools.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    BCUS Revolving Door

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director in Wilmington, DE
    Former Employee - Senior Director in Wilmington, DE

    I worked at Barclays full-time

    Pros

    Many good, loyal and hard-working colleagues.

    Cons

    Cliquey culture. Management by committee. Management not connected to business. Complex organization with respect to US business and UK HQ.

    Advice to ManagementAdvice

    Need to invest in infrastructure.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Confused Strategy

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

    I have been working at Barclays full-time (more than 8 years)

    Pros

    The quality of employee is high, some great business leadership in some areas, eg Rates.

    Cons

    Very confused restructuring is occurring in an effort to save cost, will likely result in thousands of layoffs in late 14.
    Compensation is well below market, particularly for employees who have stuck with Barclays for 3+ years.

    Advice to ManagementAdvice

    Reduce the workforce rather than pretending restructuring can drive out cost.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Confused company

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

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

    Pros

    Can't find one, really...The best I can say is that they know what is not working. They have no real clue on how to fix it

    Cons

    Internal politics. Confused strategy. Execution is all over the place. Inability to recognize that some people have to be let go.

    Advice to ManagementAdvice

    You have to decide once and for all if quality of business processes are more important than cost cutting measures. You can do one and then the other. You can also do both at the same time but it requires mature business processes and willingness to work at making things happen. Listen to the field people in your other branches. London is not always right, nor are the people there particularly efficient and committed to the company's best interest.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Good experience. Hopefully "Go To" bank becomes a reality

    • 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 a year)

    Pros

    Have found people to be of good quality professionally and personally

    Cons

    Very tough regulatory environment in which to operate

    Advice to ManagementAdvice

    Stay the course and keep communicating regularly with employees.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    The slippery slope

    • 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 8 years)

    Pros

    Good oportunities if you are in the right place.
    Ability to take on aditional responsibility
    You can learn a lot if you put yourself out there
    Good people working in the line jobs

    Cons

    Poor communication from upper managent globally
    Investment banking industry suffering greatly at the hands of the regulators
    Business currently lacking upward direction
    Many tiers of senior management
    Segregation of duties leading to button pressing staff

    Advice to ManagementAdvice

    Understand the business you support in adition to having solely a high level overview of everything. Communicate better to employees in the line.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Going downhill

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

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

    Pros

    -Trading Floor is fast paced. Strong rates + credit + EM franchises
    -Not afraid to innovate and use technology to beat competitors
    -Good culture

    Cons

    -Bad management ever since Bob Diamond was forced out
    -Upper management turning focus away from Investment banking and towards safer commercial banking

    Advice to ManagementAdvice

    Get back to a proper risk/reward level

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Declining industry

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

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

    Pros

    There is a lot of flexibility in terms of work schedule. Many people work from home sometimes. The work is interesting if you get into the right team. Great training programs. Some internal mobility for employees who have been working at the company for a bit of time.

    Cons

    Lack of transparency from upper management. Promotion politics. Lack of compensation for employees who perform above expectations. Lack of ability to retain talent and innovate. Every week, you see a person leave the team or a new contractor being hired onto the team - causes lack of teamwork and overall knowledge of projects.

    Advice to ManagementAdvice

    Compensate people according to their performance. Don't treat your employees as interchangeable parts.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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