Barclays Capital Reviews in New York, NY

Updated October 1, 2014
Updated October 1, 2014
754 Reviews
3.0
754 Reviews
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Barclays Capital Group CEO Antony Jenkins
Antony Jenkins
42 Ratings

Review Highlights

Pros
  • Good work life balance (but depending on role) is the only good thing about working there (in 60 reviews)

  • Okay before 2012, great leadership in the investment banking side (in 44 reviews)


Cons
  • There are very long hours which may possibly lead to a poor- work life balance I suppose (in 43 reviews)

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

More Highlights

245 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Struggling with culture

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

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

    Pros

    Never 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.

    Cons

    Your 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 ManagementAdvice

    Folks, you have a serious issue with culture on your hand. Wake up.

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director - IT - Investment Bank  in  New York, NY
    Current Employee - Director - IT - Investment Bank in New York, NY

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

    Pros

    Positive 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

    Cons

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

    Advice to ManagementAdvice

    Set 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

    Recommends
    Negative Outlook
    Disapproves of CEO
  3.  

    Lots of backstabbing and scheming just to step on each other to get ahead.

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

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

    Pros

    Lots of people with lots of money gives you a sense of being important (even though you're not). Bathroom stalls are amazing with thick wooden dividers from floor to ceiling.

    Cons

    Very pretentious. Long hours. Unless you're on top, you're just a b*tch. The sooner you realize it, the sooner you can move on to somewhere else and be happy.

    Advice to ManagementAdvice

    Don't belittle people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Good manager, poorly managed company

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

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

    Pros

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

    Cons

    Upper 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 ManagementAdvice

    Be less political. Promote people who don't try to "work the system"

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Barclays

    Former Employee - Financial Analyst  in  New York, NY
    Former Employee - Financial Analyst in New York, NY

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

    Pros

    Banking was great money and a great learning environment.

    Cons

    The hours of investment banking are terrible.

  7.  

    Okay

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

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

    Pros

    Good technology and cutting edge. Layed back environment

    Cons

    Lays off imminent,NO recognition, No growth

    Advice to ManagementAdvice

    Need to recognize employees who work hard

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    great place to work

    Former Employee - Technology Analyst  in  New York, NY
    Former Employee - Technology Analyst in New York, NY

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

    Pros

    Provide lots of accommodation and activities as an intern

    Cons

    Not the center (revenue generating part) of the company as a tech intern.

  9.  

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

    • 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

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

    Pros

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

    Cons

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Outdated technology

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

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

    Pros

    More openness/flexibility on working from home on an individual basis than other companies.
    Have started to do better on internal training for employees.

    Cons

    Paying below top banks market rate. A lot of layers and managers and not a transparent review process. Very slow to integrate new technologies. Frequent layoffs.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    Stuffy culture, not a place to be happy

    • 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

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

    Pros

    Work life balance
    Some interesting projects

    Cons

    No camaraderie; Understaffed; No training; High turnover

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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