T. Rowe Price

  www.troweprice.com
  www.troweprice.com
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T. Rowe Price Reviews

Updated May 2, 2014
Updated May 2, 2014
267 Reviews
3.5
267 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
187 Ratings

Review Highlights

Pros
  • Very people friendly company, with good work/life balance (in 19 reviews)

  • Great benefits and comfortable work environment (in 36 reviews)


Cons
  • Career opportunities in Colorado Springs were limited to call center management (in 14 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

45 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Practice what you preach

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager  in  Owings Mills, MD
    Current Employee - Manager in Owings Mills, MD

    I have been working at T. Rowe Price full-time for more than 10 years

    Pros

    Training, campus, pay for licensing, 401k

    Cons

    Pay is extremely low. Associates basically need to live with their parents and managers need a second job to support their families. It is sad. It wouldn't be so bad but you were not expected to work way beyond 40 hours and of course every holiday and weekends. That way you could get another job. Expect your children will be the first in daycare and last picked up and count on paying late fees for keeping them there after close.

    Promotions in some areas only happen within certain groups- basically if you don't go to happy hours you don't have a chance. Talent management is not valued or rewarded. It is about who you know.

    Advice to ManagementAdvice

    Take a closer look at your senior leaders. Pay people so they can live comfortably. It's not Colorado or Tampa- our salaries are hard to survive on in Md. Promote those who have a proven record of developing others, not those you go to happy hour with and hang out with after work.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern
    Current Employee - Intern

    I have been working at T. Rowe Price as an intern

    Pros

    Great place to build interpersonal skills and networks. People are fun and nice.

    Cons

    Gopher work at most. The department was not prepared nor were they organized with their internship program. Very dull work really.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Not very Diverse

    Current Employee - Senior Analyst  in  Owings Mills, MD
    Current Employee - Senior Analyst in Owings Mills, MD

    I have been working at T. Rowe Price full-time

    Pros

    Stable company with great benefits

    Cons

    The culture is not very diverse

    Advice to ManagementAdvice

    Diversity Training - Make It A Priority

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  5.  

    Campus College style work environment, monotonous tasks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Owings Mills, MD
    Current Employee - Anonymous Employee in Owings Mills, MD

    I have been working at T. Rowe Price full-time for less than a year

    Pros

    highly invested in your retirement but fully vested after 5 years of service, cafeteria atmosphere is fun and friendly like in college, young workforce

    Cons

    monotonous tasks, micromanaged, company shifts around employees every 6-8 months as "promotions" to keep you from boredom, low pay

    Advice to ManagementAdvice

    Get a personality, most of you are as dry as chalk, and stop acting so afraid. This must stem down from their management.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    no advancement opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Brokerage Representative  in  Tampa, FL
    Current Employee - Brokerage Representative in Tampa, FL

    I have been working at T. Rowe Price full-time for more than 5 years

    Pros

    It has a good benefits package

    Cons

    Below average salary for industry standards

    Advice to ManagementAdvice

    be more flexible

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 2 people found this helpful  

    Ok

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

    I have been working at T. Rowe Price

    Pros

    Good experience for a resume

    Cons

    Bureaucratic; tough to make contributions

  8. 1 person found this helpful  

    Decent Company Overall but a few downfalls

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retirement Plan Coordinator  in  Owings Mills, MD
    Current Employee - Retirement Plan Coordinator in Owings Mills, MD

    I have been working at T. Rowe Price full-time for more than 5 years

    Pros

    Great 401k, ESOP, fun events, You learn a lot about conducting business in the corporate world.

    Cons

    Very high stress levels and high levels of accountability with low pay, LOTS of favoritism, Lots of cliques, No real advancement opportunities just lateral moves between departments.

    Advice to ManagementAdvice

    Create career ladders and do what it takes to assist the employees in growing and climbing their ladder. Stop promoting based on favorite pics or cliques and promote based on work performance alone.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Nice people, but not very effective

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

    I have been working at T. Rowe Price full-time for more than 10 years

    Pros

    Good reputation as an investment management company.

    Cons

    Most employees have been there a very long time and do not have experience outside the company. While that can be good to maintain "culture", it can also be stagnating and cliquish. Outside thoughts and experience are not always well-received or appreciated.

    Advice to ManagementAdvice

    Get rid of the legacy employees who got to where they are because of the length of time they have been employed, not their performance. Those who think it is all about being "nice" are just allowing under-performers to keep their jobs and are not meeting the company's objectives.

    Negative Outlook
    No opinion of CEO
  10.  

    Good for resume

    Current Employee - Associate  in  Denver, CO
    Current Employee - Associate in Denver, CO

    I have been working at T. Rowe Price full-time for more than a year

    Pros

    Professional environment, good place to work straight out college. Good stepping stone for other jobs.

    Cons

    The pay is way below what other companies pay. Lots of micro management and unnecessary meetings. Training is very below average, if it all

    Advice to ManagementAdvice

    Be more hands on

  11.  

    Tattling is rewarded

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Brokerage
    Current Employee - Brokerage

    I have been working at T. Rowe Price full-time

    Pros

    *Great training
    *fun, smart coworkers
    *some clients can be pretty funny
    *teaches you valuable life skills

    Cons

    *tattling is rewarded--this creates a very toxic work environment where people set up other people for failure
    *pay is okay, we've lost a lot of good people to competitors
    *constant micro-management
    *management plans poorly and consistently underplans their employment, making other departments "loan" out their employees to other departments
    *once management doesn't like you, you're outta luck
    *technology is outdated and constantly failing, putting pressure on phone reps
    *lots of mandatory OT

    Advice to ManagementAdvice

    Employees are people! You should encourage a collaborative environment, rather than a toxic work environment. People dread coming to work and people who speak up are punished. There are a lot of competitors who are fighting to steal your well trained employees. Treat us like we're also assets under your management and you'll have a better ROI.
    Also, reward the people who deserve to be rewarded, including those people who have tenure. It seems like supervisors have no backbone and refuse to fight for their employees. Again, there's a lot of competitors coming in the financial services industry, so many people are leaving because of this.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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