Barclays Capital

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Barclays Capital Reviews in New York, NY

Updated August 14, 2014
Updated August 14, 2014
727 Reviews

3.0
727 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Barclays Capital Group CEO Antony Jenkins
Antony Jenkins
30 Ratings

Review Highlights

Pros
  • Good work life balance (but depending on role) is the only good thing about working there (in 56 reviews)

  • Okay before 2012, great leadership in the investment banking side (in 41 reviews)


Cons
  • There are very long hours which may possibly lead to a poor- work life balance I suppose (in 40 reviews)

  • Little opportunity to move, long hours that are sometimes not necessary (in 39 reviews)

More Highlights

236 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    tax avp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  New York, NY
    Current Employee - Assistant Vice President in New York, NY

    Pros

    work life is the greatest

    Cons

    turnover/scandals make it not fun

    Advice to ManagementAdvice

    reward talent

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great place to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology Analyst  in  New York, NY
    Current Employee - Technology Analyst in New York, NY

    Pros

    Great office culture. Good choice for personal growth due to the large number of teams available. Flexible working hours as well.

    Cons

    Too many teams. Work can get hazy due to a large number of teams collaborating. Case of too many cooks spoiling the broth.

    Advice to ManagementAdvice

    Great work especially on the values.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Confused

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Research Associate  in  New York, NY
    Former Employee - Research Associate in New York, NY

    Pros

    Barclays has talented people across the organization, there are definitely smart players here who understand the market and the business they are in. The place was fairly flexible about time off, and some work life balance.

    Cons

    The place is quietly very political, with different fiefdoms among teams and individuals who are supported and not supported. The lack of success in the investment banking space means the place is shedding people and not paying competitively. Often the true status of things are not expressed until people are shorted on bonuses or let go. The future of the i bank as a major player in the US is really up for grabs

    Advice to ManagementAdvice

    For a management team that gives lip service to integrity and openness, the number of scandals and regulatory issues is stunning. Decide if you want to really be a major player

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Used to be great, now disappearing fast

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director  in  New York, NY
    Former Employee - Director in New York, NY

    Pros

    Was great until the decision was made to shrink the investment bank. Now, everyone is running for the hills.

    Cons

    Layoffs and more layoffs. Morale is at the all time low.

    Advice to ManagementAdvice

    Stop shooting yourselves in the foot

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Ok, come here if no other options

    Current Employee - Business Analyst  in  New York, NY
    Current Employee - Business Analyst in New York, NY

    Pros

    -pay, happy to pay what you ask especially for contracting
    -Hours, mostly 8.30 to 5.00
    -midtown location
    -wwell stocked pantry

    Cons

    -Outdated technology (they still have office 2007 and that puts me off) and no interesting projects
    -people keep playing with their phones all day long as work is not really that challenging
    -not very smart and sharp people unlike the top 3 banks of NY ( GS, MS, JPM, BoA)
    -too many people from UK creating two groups of UK vs rest of us
    -there are no cubicles on my floor , trader desk type seating (run for your life!!!!). I don't want to hear that your toilet needs maintenance or that your nanny is late
    -no one seems excited of the work. People are just there to get paid
    -I don't agree with everyone saying the brand name is great. There much better banks out there
    3 weeks into my job and I have this list of cons.. I think it is time for me to run away.

    Advice to ManagementAdvice

    Where is the senior management? I don't see any. Oh wait.... London may be...

    Doesn't Recommend
    Disapproves of CEO
  7.  

    Good learning experience

    Current Employee - Investment Banking Associate  in  New York, NY
    Current Employee - Investment Banking Associate in New York, NY

    Pros

    IB toolset at bulge bracket

    Cons

    IB lifestyle at bulge bracket

  8.  

    So you want to be the "Go To" Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate, Investment Banking Division  in  New York, NY
    Former Employee - Associate, Investment Banking Division in New York, NY

    Pros

    The experience is priceless; how large corporations operate in spite of themselves.

    Cons

    Constant change at mid level and upper level positions. If you want to join, hang on; the rules will change in a month.

    Advice to ManagementAdvice

    Turnover at over 25%, you might want to initiate a 360 degree review process.....

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    technology analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technology Analyst  in  New York, NY
    Current Employee - Technology Analyst in New York, NY

    Pros

    The people in Barclays are generally nice and welcoming. They are willing to help new learners, especially grads who just came out of school. The graduate training program is good as it helps students without finance background to know more about the industry.

    Cons

    Culture here is pretty laid-back, most people in the bank do not actively seek cutting-edge technology solutions, partly because the systems wouldn't work with new technology. Most platforms are at least five years behind the modern technology available. If you want an interesting technical job, go to silicon valley.

    Advice to ManagementAdvice

    show more appreciation towards the employees

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Stultifying and frustrating processes to get basic stuff done.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    The compensation was very good, and working hours really weren't bad for this type of a company. I did have the opportunity to work on a pretty good project so there was some satisfaction there.

    Cons

    The level of talent there was very uneven. When staffing a project, I was under considerable pressure to hire "warm bodies" rather than find the right people for the job. Schedules were unrealistic (though to be fair it did not translate into a demand that employees work longer hours). Though I enjoyed the work and the challenge, it was in other respects just very stifling.

    The worst part was the unimaginably complex and unworkable system of requesting anything, or putting any change into the system. This made attempting to do your job efficiently very frustrating. They practically have to hire dedicated people just to operate a byzantine change management system designed by demons.

    The company has a binge/purge mentality with respect to its employees.

    Advice to ManagementAdvice

    Attach more value to streamlining your processes so people can be more productive. Pay more attention to whom you hire and how you achieve your objectives, instead of charging at milestones with mediocrity, and paperwork.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    No longer a premiere financial firm to work in

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    Working from home is allowed.

    Cons

    Too much bureaucracy and office politics get in the way of people actually getting work done. Morale is very low especially with the 'Bad Bank' announcement as people feel unsettled not knowing when they'll be next to be cut. Too much restructuring going on and the feeling is nothing at Barclays is ever stable. Lots of budget cuts and as a result hiring is also limited. Bonus and raise have been horrendous the last few of years. Only higher ups are getting bonuses which is not fair as it's the doers that get the job done, not management.

    Advice to ManagementAdvice

    Please value the people who work for the firm they should be your biggest investment. They need to be recognized for their hard work either through bonuses, raises or promotions.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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