Barclays Reviews

Updated April 27, 2015
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229 Employee Reviews

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  1. Interned at Barclays for the summer

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

    I worked at Barclays as an intern (Less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work with A-list clients on headline deals, great culture, helpful colleagues

    Cons

    Exposure to management limited, career development not very highly valued, you feel like another cog in the wheel, etc

    Advice to Management

    Care about your junior employees more, they do the grunt work for you; pay more or you'll lose the best of the best to the boutiques

  2. Helpful (1)

    High and Lows

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

    I worked at Barclays full-time (More than 5 years)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Really talented and all-around great people (for now).

    Cons

    Very political - progress is slow and changes are usually too little too late. Lots of turnover - losing good talent due to frustration with the organization. HR promotion process makes no sense - is not based on meritocracy and contributions - and compensation is weak.

    Advice to Management

    Don't just focus on cost-cutting and creating efficiencies - foster a company culture that makes people feel valued.

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

    • 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 a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    DIrect 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.

    Cons

    Very 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 Management

    Identify, mitigate then eliminate the extreme bureaucracy.

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  5. Technology Analyst

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

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

    Cons

    Not very tech-oriented.
    Management is set in their ways.
    Scope for innovation in technology is limited.

  6. Software Engineer

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Challenging work, intelligent colleagues, great benefits

    Cons

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

    Advice to Management

    I'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.

  7. Gender ratio is horrendous

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Barclays as a contractor

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Intellectually engaging, top management cares somewhat

    Cons

    Politics, lack of stability, gender ratio

  8. excellent

    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY

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

    Pros

    good brand name
    strong presence in UK

    Cons

    unreliable strategic thinking
    not easy to move around internally

    Advice to Management

    dont force everything to be done UK way

  9. Helpful (1)

    Bank going wrong direction

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Bulge bracket infrastructure and experience.

    Cons

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

    Advice to Management

    Benchmark 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.

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

    • 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 5 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Smart driven people in front office functions
    Good work life balance

    Cons

    Like 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

  11. Too big too fast

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

    I have been working at Barclays full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

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

    Cons

    Too many systems and the compensation system is flawed

    Advice to Management

    Cut the incompetent. Pay your good people

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