Barclays Capital
3.0 of 5 646 reviews
www.barcap.com London, United Kingdom 5000+ Employees

Barclays Capital Reviews in New York City, NY

Updated Apr 13, 2014
All Employees Current Employees Only

2.8 235 reviews

                             

41% Approve of the CEO

Barclays Capital Chief Executive Rich Ricci

Rich Ricci

(46 ratings)

43% of employees recommend this company to a friend
235 Employee Reviews Back to all reviews
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Watch out for relocation

Assistant Vice President (Former Employee)
New York, NY

I worked at Barclays Capital full-time for more than 3 years

ProsGood team oriented atmosphere.

ConsWork hours are long and bonus at year end is low low low. Many operation roles have been and will be relocated for firm cost savings initiatives.

Advice to Senior ManagementRotate the schedule amongst the team so not everybody will be required to work long hours.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Struggling with culture

IBD Analyst (Current Employee)
New York, NY

I have been working at Barclays Capital full-time for more than a year

ProsNever a bad thing to have an investment bank on your resume
Learn patience and and hard work, therefore appreciate your next job when you get sick of doing meaningless tasks 80+ hours a week.

ConsYour regular i-banking culture: no work-life balance, don't question senior folks, lots of grunt work
Combined with Your regular large corporate culture: bureaucratic, political, HR will always find a way to screw you etc.
Do not rely on getting a decent bonus, IF any. Yes, you might not get one.
Attrition is darn huge, people fleeing to industry jobs that pay the same base or higher and work a third of the hours, OR boutique advisers or investment firms, where the is less BS.

Advice to Senior ManagementFolks, you have a serious issue with culture on your hand. Wake up.

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

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excellent overall but recent reorganizations, and downward budget pressures and uncertainty have reduced overall morale

Director - IT - Investment Bank (Current Employee)
New York, NY

I have been working at Barclays Capital full-time for more than 3 years

ProsPositive culture until recently - very much can get things done attitude typical of tier-one IB's. Diverse smart people culture, very professional attitudes, approachable management

ConsVery heavy on process and lot of bureaucracy for hiring and for IT procurement and change

Advice to Senior ManagementSet clear direction on budget and hiring freezes. Too much change at once without overall clear strategy being communicated - do a few changes well versus trying to compress and change everything in one go

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

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Barclays could be a great place, but its IB-Tehnology division is rapidly declining.

Software Developer (Current Employee)
New York, NY

I have been working at Barclays Capital full-time for more than a year

ProsSome great co-workers. Good location in mid-town Manhattan.
Reasonable hours- no 12hr work days most of the time.

ConsFor technology division- compensation and performance benefits are being squeezed down.
None to extremely small raise/bonus will be awarded, irrespective of performance.
Bad morale overall with threat of lay-offs always looming, causing extra stress.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Good manager, poorly managed company

Assistant Vice President (Former Employee)
New York, NY

I worked at Barclays Capital full-time for more than 3 years

ProsI had an awesome manager until they also let him go.

ConsUpper Managers treat employees like pawns. They never give any picture of the direction of the firm. They never try to make you believe in any purpose. Also a very political firm.

Advice to Senior ManagementBe less political. Promote people who don't try to "work the system"

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Barclays

Financial Analyst (Former Employee)
New York, NY

I worked at Barclays Capital as an intern for less than a year

ProsBanking was great money and a great learning environment.

ConsThe hours of investment banking are terrible.

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Okay

Vice President of Futures (Former Employee)
New York, NY

I worked at Barclays Capital full-time for more than a year

ProsGood technology and cutting edge. Layed back environment

ConsLays off imminent,NO recognition, No growth

Advice to Senior ManagementNeed to recognize employees who work hard

No, I would not recommend this company to a friend

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great place to work

Technology Analyst (Former Employee)
New York, NY

I worked at Barclays Capital as an intern for less than a year

ProsProvide lots of accommodation and activities as an intern

ConsNot the center (revenue generating part) of the company as a tech intern.

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Was a great place to work with good benefits and compensation. Its deteriorating fast now.

Vice President (Current Employee)
New York, NY

I have been working at Barclays Capital full-time for more than 5 years

ProsOne of the largest investment bank which definitely provides a lot of client hedging opportunities. So a good place to be on a flow desk.

ConsRisk appetite has gone down significantly and with it comes closure of lot of desks that trade either prop or illiquid risks.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Absolutely terrible place!

Operations Analyst - Middle Office (Former Employee)
New York, NY

I worked at Barclays Capital full-time for more than a year

ProsBig name with good benefits

ConsArrogant and selfish management, incompetent and useless managers and terrible work environment.

Advice to Senior ManagementLISTEN TO YOUR EMPLOYEES! I used to have a manager at Barclays, who had been there for 7 years - barely came to work, barely did any work and openly showed favoritism! We complained for years but her manager loved her, so they turned a blind eye. LISTEN TO WHAT YOUR EMPLOYEES ARE SAYING AND NOT WHAT YOU THINK YOU WANT TO HEAR!!!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at Barclays Capital reviews and ratings in New York City, NY — including employee satisfaction and approval rating for Barclays Capital CEO Rich Ricci. All 235 reviews posted anonymously by Barclays Capital employees.