T. Rowe Price

  www.troweprice.com
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T. Rowe Price Reviews

Updated May 9, 2014
All Employees Current Employees Only

3.3 262 reviews

87% Approve of the CEO

T. Rowe Price President, CEO, and Director James A. C. Kennedy

James A. C. Kennedy

(184 ratings)

68% of employees recommend this company to a friend

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
61 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Career Opportunities

     

    T Rowe Price

    Administrative Assistant (Current Employee) Baltimore, MD

    ProsVoted "Most Admired Company" 3 years in a row. Also voted Best Place to Work.

    ConsAs of yet, I have not identified a negative aspect of this company. I believe it is a great company focused on clients.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

     

    Great company, excellent benefits, good pay, but limited career advancement opportunities.

    Investment Operations Associate (Current Employee) Tampa, FL

    ProsGreat conservative company; excellent upper management; generous benefits with 401(k) and good pay. If you are willing to relocate to Maryland, then plenty of advancement opportunities. If not, then very limited. Good corporate culture and just an overall good company to work for.

    ConsWillingness to expand jobs in a regional office. Mandatory overtime can be heavy in the "client-facing" departments during certain times of the year and can wear you out.

    Advice to Senior ManagementKeep doing what they are doing from a firm presepective.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Personal Services

    Financial Advisor (Current Employee) Colorado Springs, CO

    ProsGood benefits and pleasent work atmosphere.

    ConsLower pay (10% lower than other local firms).

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    Conservative, healthy company with the need to promote leaders not project mgrs

    Associate, Individual Contributor (Current Employee)

    ProsExecutives and leadership crave innovative thinkers and are focused on the right directives ....serving clients while remaining operationally nimble and efficient.

    ConsOutside of call centers, mid level people-managers are long timers, promoted for successful project delivery. Unfortunately, they do not have the experience to lead organizational change, translating objectives into actionable goals for their teams. As a result, new ideas are discouraged and teams do not adapt. For associates that have held management roles outside of the company, it is disheartening and may be "years" before your voice is heard or you are promoted in order to make a difference.

    Advice to Senior ManagementHR and high level executives: Look deep within your organizations and consider leaders based on current and past internal & external TRP experience rather than relationships and successful project delivery. Hold mid PLs and VPs accountable for aligning team charter with real tactical measures of success. Soft measures of being T Rowe Nice and "this is how we have always done it" is a corporate culture not a goal. Foster inclusion of new ideas at all levels, that align to the "goals", and through this you will unleash passionate innovative ideas that deliver results.

    Yes, I would recommend this company to a friend

     

    Good Place to Work

    Anonymous Employee (Current Employee) Tampa, FL

    Pros- great benefits (401k, company stock)
    - great employees
    - trusted company

    Cons- healthcare costs have gone up
    - limited room for growth in Tampa office

     

    Stability and Great Benefits

    Anonymous Employee (Current Employee)

    ProsStability, Good Benefits, AWA, Great Bonuses

    ConsMild yearly increases, difficult to advance once you get to a certain point.

    Advice to Senior ManagementKeep talent within the firm by hiring internally. This can be accomplished by mentoring programs to help employees begin preparing for the next steps. Much of Managements focus is on Delivery...somewhere along the way people management fell to the bottom of the priority list.

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    2 people found this helpful  

    Good place to start a career and learn the business. Too much focus on race

    Anonymous Employee (Current Employee) Baltimore, MD

    ProsI started here out of college and have worked both in Owings Mills and in Baltimore. It is a great place to work, especially if you are starting out. Even though it is a big company it really feels like a family and the culture is great.

    ConsThere is a lot of focus on race and ethnicity at this company and it has gotten worse over the last few years. There are efforts to boost the number of minorities with management even admitting that they are willing to go into bidding wars with their competitors for minority job applicants. While I'm sure it is well intentioned, If you are a minority in this company you feel like you are just there because of your skin color. Unfortunately other employees begin to become suspicious that you only got the job because of your skin and otherwise aren't capable. This focus on race is racist and needs to stop. Aside from this it is a good company.

    Advice to Senior ManagementStop the focus on race and ethnicity. We should be hiring people based on how well they will do the job, not to fill a quota. At the end of the day what matters is whether or not the person has good ideas. As MLK famously said, "Judge a man by his character and not by the color of his skin."

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    good place to start

    Anonymous Employee (Current Employee)

    Prostraining, resume builder, generous 401k plan, generous paid parental leave for birth of child

    Conslimited growth, small bonuses, favortism is very apparent, job is not stable

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

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    It is a great company to start a career straight out of College

    Investment Counselor (Current Employee) Walnut Creek, CA

    ProsJob stability and great health, 401k, ESOP, profit sharing benefits. It is definitely a team work environment.

    ConsLocations for promotion are limited. Bonus potential is limited as well. The adoption of innovative technology is slow

    Advice to Senior ManagementIt would be profitable to focus on sales skills versus coaching and micro-managing.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Excellent Company. Great Values.

    Retirement Plan Specialist (Current Employee) Owings Mills, MD

    ProsT Rowe really recognizes employee contributions, both in recognition, advancement and pay.

    ConsSometimes managers can play favorites, but i'm sure that occurs everywhere.

    Advice to Senior ManagementKeep up the good work! I really enjoyed the way you kept associates in the loop on future company goals and plans,

    Yes, I would recommend this company to a friend

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