T. Rowe Price

www.troweprice.com
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114 Employee Reviews Back to all Reviews

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  1. 1 person found this helpful  

    Looks great on a resume if you can stand the political environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Desktop Support in Baltimore, MD
    Former Intern - Desktop Support in Baltimore, MD

    I worked at T. Rowe Price as an intern (more than a year)

    Pros

    Looks great on a resume. Benefits are amazing- matching 401k, adoption pays up to 80% of fees and tuition reimbursement. Great tool for networking.

    Cons

    Very political environment, hard to move up the ranks unless you network and even then it can be cumbersome. The hiring/on-boarding process can take weeks or months for a position approval.

    Advice to ManagementAdvice

    Management: Promote candidates that actually deserve the job and are qualified.
    More often than not it was about who you knew in the company rather than experience or job performance. Contracting for this company can be risky depending on the manager.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Good company, good atmoshpere

    • 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 full-time

    Pros

    Training is done well, A lot of focus on employee development, Good benefits overall.

    Cons

    Slow moving, and pay is below competitors.

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

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

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

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

    Pros

    I 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.

    Cons

    There 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 ManagementAdvice

    Stop 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."

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Retirement Plan COordinator

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

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

    Pros

    Nice clients and good team mates. Lots of resources online to help you with the job and systems are user friendly.sometimes there are fun events for the employees.

    Cons

    it is understaffed and turnover is high. this has caused lots of unhappy clients who hate workign with new people. the pay is too low considering the level of responsibility/

    Advice to ManagementAdvice

    please pay more and hire more people.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    good place to start

    • 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

    Pros

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

    Cons

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

    Recommends
    Negative Outlook
    Approves of CEO
  7.  

    Summer internship

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

    I worked at T. Rowe Price as an intern

    Pros

    Most of the coworkers I worked with were friendly and helpful. There is a good attitude among staff. Company made it clear that it was a good place to start a career.

    Cons

    Food in the cafeteria isn't the best. Lower pay than most other firms for similar positions.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Counselor in Walnut Creek, CA
    Current Employee - Investment Counselor in Walnut Creek, CA

    I have been working at T. Rowe Price full-time (more than 8 years)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    It would be profitable to focus on sales skills versus coaching and micro-managing.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Excellent company to work for, but Colorado Springs location limits career opportunities.

    • 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 a year)

    Pros

    Supportive team based environment, conservative mutual fund investing education, great benefits package, and basic career advancement opportunities.

    Cons

    Lower to mid level managers promoted the people that didn't threaten them, while competent employees were refused advancement. Career opportunities in Colorado Springs were limited to call center management. If your looking to work for the investment management side of T. Rowe Price, you'll need to work in Baltimore.

    Advice to ManagementAdvice

    Increase the career advancement opportunities available.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Excellent Company. Great Values.

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

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Approves of CEO
  11. 1 person found this helpful  

    Conservative, but Stable

    Current Employee - Anonymous Employee in Tampa, FL
    Current Employee - Anonymous Employee in Tampa, FL

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

    Pros

    This is a great company to work for. Great benefits and a trustworthy staff.

    Cons

    Movement through the company will SHARPLY differ depending on what site you work at. The opportunities in Baltimore vastly outnumber that which is available in Tampa and Colorado.

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