Barclays Capital

  www.barcap.com
  www.barcap.com

Barclays Capital Reviews in New York, NY

Updated December 15, 2014
Updated December 15, 2014
802 Reviews
3.0
802 Reviews
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Barclays Capital Group CEO Antony Jenkins
Antony Jenkins
57 Ratings

Review Highlights

Pros
  • Good work life balance (but depending on role) is the only good thing about working there (in 61 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 44 reviews)

  • Little opportunity to move, long hours that are sometimes not necessary (in 53 reviews)

More Highlights

261 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 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

    I worked at Barclays Capital full-time (more than 5 years)

    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
  2.  

    Good learning experience

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

    I have been working at Barclays Capital full-time

    Pros

    IB toolset at bulge bracket

    Cons

    IB lifestyle at bulge bracket

  3.  

    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

    I worked at Barclays Capital full-time (more than an year)

    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
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  5.  

    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

    I have been working at Barclays Capital full-time (more than an year)

    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
  6. 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

    I have been working at Barclays Capital full-time (less than an year)

    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
  7. 1 person found this helpful  

    Good pay and hours, frustrating mentality.

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

    I worked at Barclays Capital full-time (less than an year)

    Pros

    The compensation package was pretty good. If you are hired for a senior level position you get a nice office. Hours were actually pretty reasonable.

    Cons

    The bureaucracy could be a serious obstacle to getting work done. The people I worked with were of uneven quality. The company adopted a change management system so onerous they effectively ended up hiring people just to fill out the change tickets. The company is prone to binge and purge cycles, so don't expect to have any job security, no matter how good of a job you do.

    Advice to ManagementAdvice

    Investigate a little more carefully who is effective and adding value to your company. Do what it takes to make your employees more effective, and adopt more streamlined processes.

    Doesn't Recommend
    Neutral Outlook
  8.  

    A nice place

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Quantitative Analytics in New York, NY
    Current Employee - Associate, Quantitative Analytics in New York, NY

    I have been working at Barclays Capital as an intern (less than an year)

    Pros

    A reasonable place with reasonable coworkers

    Cons

    Cannot hire the best candidates

  9. 3 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

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

    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
  10. 2 people found this helpful  

    Vicious cycle

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

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

    Pros

    - work life balance: flexible working hours
    - work load is not bad

    Cons

    - bad management, no continuity on policy and strategy, always changing, wast of money and resources
    - bad morale, always lay off people every year
    - bad retention strategy - management don't care about talent people

    Advice to ManagementAdvice

    - cut the crap: no hopper program, no BS values, no transform program, just focus on business
    - focus on how to earn more business, not how to cut more people
    - pay more attention to talent: what they need, why they are not happy
    - focus on continuity of plan: if you decide something, don't give up after couple of years

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Consider any opportunity carefully

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

    I worked at Barclays Capital full-time (more than 5 years)

    Pros

    There are many talented and good people working here who provide a good atmosphere when the politics are removed from the equation.

    Cons

    The political and bureaucratic environment here stifles creativity and eliminates the possibility of internal advancement. Senior management is focused on saving their own careers and will not choose the right thing over the action that carries political weight. Layoffs are common and frequent and the well being of mid and low level staff is not of great concern to the company.

    Advice to ManagementAdvice

    Remember what it was like when you were working your way up the corporate ladder and remember to balance shareholder value with the well being of the employees that bring success to the company.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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