Barclays Capital
3.0 of 5 647 reviews
www.barcap.com London, United Kingdom 5000+ Employees

Barclays Capital Reviews in New York, NY

Updated Apr 16, 2014
All Employees Current Employees Only

2.8 217 reviews

                             

43% Approve of the CEO

Barclays Capital Chief Executive Rich Ricci

Rich Ricci

(42 ratings)

46% of employees recommend this company to a friend
217 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Pays 30% below street for median bucket

Investment Banking Associate (Former Employee)
New York, NY

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

ProsThe people are Barclays are typically very nice.

ConsThe new CEO is ruining the company (at least Barclays America).

Advice to Senior ManagementPlease stop trying to run Barclays like it's solely a commercial bank.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Disconnect

Equity Research Analyst (Former Employee)
New York, NY

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

ProsPay is Even with Street, Large Platform, Brand Recognition

ConsPoor Culture, Management is Disconnected, Scandals continue to damage Reputation

Advice to Senior ManagementFocus on improving the culture and changing popular perception

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Overall culture is okay, but compensation is very disappointed this year.

Technology Analyst (Current Employee)
New York, NY

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

ProsEveryday dress down policy.
Most ex-lehman team has great working cultures.

ConsCompensation, and talend retention.
Unsuccessful location strategy and resource allocation.
A bit disconnect from upper management in tech with the tech people.
Legacy OS.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Career Developmentally Challenged

Technology Analyst (Former Employee)
New York, NY

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

ProsCasual corporate environment; friendly and open environment; work-life balance encouraged; great company for performers that are not seeking further advancement.

ConsProject development is controlled from the top down with little transparency; stagnant workforce with constantly changing compensation strategy; salary increases and promotions are extremely hard to come by; frequent management changes at the top result in staff restructuring (i.e. unpredictable lay-offs for non-producing employees: corporate, technology, operations, anyone who does not "manage up").

Advice to Senior ManagementImprove talent recruiting, perform a single review/cull of existing staff and focus on generating current talent retention with improved mobility with salary increase and promotion incentives.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

A forward-thinking company that thinks outside of the box for premier risk management and financial products & services.

Assistant Vice President (PMO, Project Management Officer) (Former Employee)
New York, NY

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

ProsDiversity, inclusion into processes and decision-making, new ideas always had a viable forum.

ConsAdvancing within the company proved difficult to understand.

Advice to Senior ManagementI would ask employees on a regular basis if they are happy and satisfied in their current position.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Barclays doesn't place focus on human capital management.

Associate (Former Employee)
New York, NY

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

ProsThe work was interesting. I gained a lot of useful experience and developed my analytical skills.

ConsManagers are not focused on developing junior members of the team.

Advice to Senior ManagementTake more time understanding the skill set of your team members and place more focus on developing junior staff.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Would not work for Barclays again.

Executive Assistant (Current Employee)
New York, NY

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

ProsHas pretty good health benefits.

ConsThe company treats European employees much better than the US employees. Barclays is like a revolving door as employees often quit shortly after working there.

Advice to Senior ManagementGet your act together.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Satisfactory but not outstanding. Lack of focus on development, long-term goals; but comfortable and relaxed environment

Trading (Former Employee)
New York, NY

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

Pros-Comfortable environment, not hyper-aggressive "Wall St" culture
-Those who excel are rewarded...
-Relatively stable and diverse enterprise, given commercial banks, cards, wealth mgmt, etc

Cons-those who excel are rewarded IF they are critical to the team's success
-Large bench of entrenched senior mgmt who are biding their time and clipping big coupons
-communication, upward and downward, is generally poor
-Compensation in operations is generally quite poor, though that may be true across peer institutions

Advice to Senior ManagementImprove communication from management down to younger staff, and be more receptive to ideas and innovation.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

The worst company to work for

Project Manager (Current Employee)
New York, NY

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

ProsNone that i can think of

ConsNo meritocracy, weak management (very weak), backstabbing culture that is encouraged, crappy systems and processes that no one is interested to change, use your brains to ship all jobs overseas

Advice to Senior ManagementFire all managers and rehire the one that left

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Less Reward for no or little work

Vice President (Current Employee)
New York, NY

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

ProsThey tend to sugar coat everything and make everyone feel better
People are generally nice to work with and politics is not bad at all compared to other shops
There are a bunch of smart guys in Front office from whom you can learn a lot.

ConsOne the worst payers in the street ( especially if you stick with them for > 4 yrs or so in non front office functions).
Reward for performance in areas such as product control, operations , risk and IT is not great. So eventually people either leave or do nothing and become part of the system.
Most projects tend to be delayed and systems are antiquated compared to other top banks.
Preach internal mobility but make is impossible to happen in reality even you get an internal offer
Most Directors in infrastructure are non technical and just people managers with fancy ties.
Traders keep all the money ( almost 75-80% of the pie is for them)

Advice to Senior ManagementOvertime and Contractor compensation need to be cut by 30%. They make more money than full time staff.
Give your people more reward and increase internal mobility. Also use your top performers better. Incorporate their views, use them in decision making, give them some upside.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Barclays Capital? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Barclays Capital reviews and ratings in New York, NY — including employee satisfaction and approval rating for Barclays Capital CEO Rich Ricci. All 217 reviews posted anonymously by Barclays Capital employees.