Barclays Capital
3.0 of 5 705 reviews
www.barcap.com London, United Kingdom 5000+ Employees

Barclays Capital Reviews in New York, NY

Updated Jul 9, 2014
All Employees Current Employees Only

2.8 232 reviews

                             

0% Approve of the CEO

Barclays Capital Group CEO Antony Jenkins

Antony Jenkins

(5 ratings)

44% of employees recommend this company to a friend
232 Employee Reviews Back to all reviews
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    Barclays doesn't place focus on human capital management.

    Associate (Former Employee)
    New York, NY

    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

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    Would not work for Barclays again.

    Executive Assistant (Current Employee)
    New York, NY

    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

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

    Trading (Former Employee)
    New York, NY

    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

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    Technical Professional

    Technical Analyst (Current Employee)
    New York, NY

    ProsNice work environment, people are nice and easily approachable

    ConsSub industry level compensation, very low bonus

    Advice to Senior ManagementThey should work on retaining talented people

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    The worst company to work for

    Project Manager (Current Employee)
    New York, NY

    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

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    Less Reward for no or little work

    Vice President (Current Employee)
    New York, NY

    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

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    1 person found this helpful  

    Changing environment

    Assistant Vice President (Former Employee)
    New York, NY

    ProsCompared to American investment banks, Barclays has a better culture of at least trying to find synergies across groups

    ConsLeft the firm shortly before the change in senior management. This will change the environment at Barclays

    Yes, I would recommend this company to a friend

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    Good place to work. Good benefits.

    IT Project Manager (Current Employee)
    New York, NY

    ProsGood benefits. Good work atmosphere

    ConsNo clear direction of Senior management

    Yes, I would recommend this company to a friend

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    Sweatshop

    Product Control (Current Employee)
    New York, NY

    Pros- Good Brand name
    - Great place to learn
    - Smart people
    -Some mobility to different groups/departments

    ConsHorrific compensation structure that is hindering the company's ability to retain talent. Analysts are pain OT, and most of them end up making more than AVPs (who don't get paid bonus).
    - Very long hours for little pay
    - Unreasonable deadlines (Directors want to look good so you are stuck in the office until midnight)
    - Extremely stressful/ high pressure environment
    - Many supports functions are being outsourced - poor job stability

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

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    Was Ok

    Vice President, IT (Current Employee)
    New York, NY

    ProsProjects are planned. Technology focus on a lot of aspect of what is done.

    ConsToo much politics in my group. The Sr. mgmt came recently from outside of Barclays, never the less, there was too much politics.

    Advice to Senior ManagementReduce politics and focus on productivity

    Yes, I would recommend this company to a friend

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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 Antony Jenkins. All 232 reviews posted anonymously by Barclays Capital employees.