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
Rating Trends

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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. 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

  2.  

    Good place to start

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    OK Benefits and good people on staff level

    Cons

    Salary not commensurate with duties

    Doesn't Recommend
  3.  

    Good place to work if your comfortable and enjoy working with others

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

    I worked at T. Rowe Price as an intern

    Pros

    Great benefits and comfortable work environment.

    Cons

    Salaries are lower than most companies.

    Positive Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 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 (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
  6.  

    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 (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
  7.  

    Great place as a beginner

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Retail Service Associate in Colorado Springs, CO
    Former Employee - Retail Service Associate in Colorado Springs, CO

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

    Pros

    Good people, decent benefits, teamwork between associates

    Cons

    Limited advancement, poor pay compared to competitors

    Advice to ManagementAdvice

    Listen more to the people who work hard for you.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    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 (more than an 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

  9.  

    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
  10.  

    T. Rowe Price Tampa

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

    I worked at T. Rowe Price

    Pros

    Great place to get started. They pay for you to get your FINRA licenses.

    Cons

    Little opportunity for upward mobility unless you are willing to move to Baltimore first. Promotions are not always based on ability as much as how much the managers like you. IN Tampa most managers have been in those positions for quite some time so for you to move up someone has got to leave their position first.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Work life balance was promoted

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

    I have been working at T. Rowe Price full-time (more than 3 years)

    Pros

    Benefits, company match, profit sharing, professional work environment

    Cons

    Excessive overtime, expect to work most holidays, lack of support from upper management, no clear direction, work life balance not important or supported, supervisors not important- focus on associates and not leaders

    Advice to ManagementAdvice

    Look closely with high turnover, why are people leaving. Why are leaders no longer inspired? Why don't they want to follow? Is it the organization's leader? Change is important and needed. We need someone who cares about their people and can inspire us!!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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