T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews

Updated October 2, 2014
Updated October 2, 2014
287 Reviews
3.6
287 Reviews
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
194 Ratings

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 25 reviews)

  • Great benefits and comfortable work environment (in 38 reviews)


Cons
  • headset policy is cumbersome, even for a call center) (in 15 reviews)

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

More Highlights

76 Employee Reviews Back to all reviews

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  1.  

    Decent Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Retirement Account Manager in Tampa, FL
    Former Employee - Retirement Account Manager in Tampa, FL

    I worked at T. Rowe Price full-time (more than 3 years)

    Pros

    I worked here from 2008-2010 during the recession.

    If you could network well and avoid the politics, you did well. The firm was pretty stable. We didn't take as big a downsize hit during the recession compared to other finance firms. Plenty of opportunity for overtime pay.

    Cons

    Sometimes too much politics. If you aren't careful you can get type-casted in a negative way and your opportunities will be limiting.

    Recommends
    Approves of CEO
  2.  

    Learnings Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - 529 Specialist in Owings Mills, MD
    Former Employee - 529 Specialist in Owings Mills, MD

    I worked at T. Rowe Price full-time (more than an year)

    Pros

    Great company values. Great people to work with.

    Cons

    Training and implementing new initiatives could be adhoc at times.

    Neutral Outlook
  3.  

    Investment Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Counselor in Tampa, FL
    Former Employee - Investment Counselor in Tampa, FL

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Great place to learn the business and get your licenses (especially because they will pay you and allow you to study at work!). Great people, I'll miss that the most. It's a very laid back atmosphere and as long as you are breathing, can answer a phone, and you don't step on toes, you have a very secure job. The benefits are great.

    Cons

    There is little to zero growth available in the Tampa office, unless your ambitions include supervising a call center. I'm fairy certain the sole purpose of the Tampa office is a backup facility. It snows in CO and MD, shocking right?! Well, employees in those locations are let go early on heavy snow days every year and Tampa is there to hold it up. They allow a lot of great talent to walk out the door, and the worst part is I really don't think they care. The Tampa office hires mostly recent college graduates, so the inexperience in most departments is very high. Many individuals get their licenses and leave. There are actually 2 major companies in the city that offer virtually the same position with about 10% higher pay. Those that stay get hooked on the additional vacation hours they give you. Once you get to the 10 yr mark, you're a LIFER, there's no going back to 2 weeks vacation when you can get 20 vacation days. Just answer/dial the phone as much as you can and try not to laugh when they have annual meetings about trying to be about quality over quantity and then preach the exact opposite every other day that someone from Baltimore isn't in town.

    Advice to ManagementAdvice

    You'll quickly learn as an employee in the Tampa office for T. Rowe Price, "Advice to Management" is a waste of everyone's time. It allows them to check off a box of a survey they sent out, then they just do whatever the next man higher up wants them to do.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good company, good perks; pay notsomuch.

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

    I worked at T. Rowe Price full-time (more than 10 years)

    Pros

    Great people to work with in the trenches-always will to do what it takes to get the job done. Culture of the company represents a youthful attitude with the old ideals that the company was founded on.

    Cons

    The efforts are not always rewarded, citing that the pay grade is comparable with what's out there. Pay was not worth my long-term employment there, hoping that management would make good on their promise to level the pay scale.

    Advice to ManagementAdvice

    Share the wealth. My department was just starting a life balance approach but, the hurdles of the security associated with a financial firm were difficult to overcome.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Average pay, above average experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Special Correspondence Representative in Owings Mills, MD
    Former Employee - Special Correspondence Representative in Owings Mills, MD

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Generous stock option and plentiful vacation days (if employed for sufficient time)

    Cons

    Woeful pay scale; college atmosphere for lower level employees.

    Advice to ManagementAdvice

    Compensate the associates on the front line better.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 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 (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
  8.  

    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
  9. 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

  10.  

    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 (less than an 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
  11. 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 (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

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