Barclays Capital Reviews

Updated April 18, 2015
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2.9
877 Reviews
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Barclays Capital Group CEO Antony Jenkins
Antony Jenkins
90 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. intense

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Barclays Capital as an intern

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

    Pros

    a lot of responsibility at an early stage, good networking opportunities organised by human resources. a lot of opportunity to network with other interns. good rotation programme into other team

    Cons

    intense working culture, not much exposure to senior members of staff, often long hours in the investment banking department, technology could be faster/ needs updating

    Advice to Management

    update technology as it is often slow and the computers crash, improve intern exposure to senior directors/ managing directors, good intern programme as opportunity to experience other areas of the bank

  2. Very poor top management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in Singapore (Singapore)
    Former Employee - Assistant Vice President in Singapore (Singapore)

    I worked at Barclays Capital (more than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None to my knowledge. Its just got a brand name thats it.

    Cons

    1. Constant firing even if they hire them around 6 months back
    2. No outlook bank future
    3. False promises by top management

    Advice to Management

    Get your priorities right. Respect your employees.

  3. 10 year employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays Capital full-time

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Culture, good managers, cafeteria, mobility within firm

    Cons

    compensation, senior managers, good people always leave

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  5. Quality Control Business Coverage

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Flexible work hours, great benefits

    Cons

    Employer has adapted a Big Brother method of controlling employee financial, personal, and political as well as volunteer activities. You must ask permission to engage in personal finance, report your volunteer organizational activities that are not on an "employer approved lists" and then disclose if you give money to a charity of any type.

    Advice to Management

    The company is depreciating everyday while you all are competing for adoration and title. Many of you are unable to make a decision and the worst offenders of every company policy, yet you treat staff like indentured servants.

  6. Decent firm and smart people to work with.

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    The overall people in the team were smart and knew their stuff pretty well. The office furniture and machines were brand new.

    Cons

    Like other big banks, too much red tape.

  7. Senior manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays Capital

    Pros

    great buzz around the office

    Cons

    bureaucracy, hierarchy and competition

    Advice to Management

    Listen to employees more

  8. Helpful (2)

    It's all a bit...'meh'

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

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

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Okay...first things first - this will now be the 4th bank I have worked for over the years and I've been at Barclays for almost a year. I'll save you some trouble - apart from Goldman Sachs they are all more or less the same.

    Barclays will look good on your CV

    Most folks are nice enough to work with (despite being busy all the time) - they're just human. Most won't shout at you or whatever; it's just everyone is so rushed and busy all the time.

    Can be hit or miss as it's so large - get an average or above manager and you'll be alright

    Pay seems on par with other banks but nothing incredible like the media portray (we can't all be millionaires; most are well paid grunts). haha

    Pretty clear senior management considering they have a day job as well (sending out announcements, updating blogs and intranet sites and so on) - although you're obviously not going to know everything. Be realistic.

    Good chance to learn on the job (you don't need to have 3 degrees in finance or anything stupid). Just sit, watch, learn and help - you'll soon get it.

    Offices on the whole are decent. North Colonnade could do with some updating but it's alright - South Colonnade is very nice with airy open plan offices and lots of light. You get all the tech and equipment most people would need (multiple monitors, etc).

    Cons

    okay - let's get this out the way first - bonuses. Unless you're one of a lucky few, don't start thinking of mansions, fast cars and so on - it's media hype. Those days are gone for most. Numeration day is a total joke (almost insulting) so unless you're pulling in hundreds of millions for your boss (unlikely) don't think you're on the ticket to success when you get here. Learn lots, work hard and see what happens - but it's not Leonardo DiCaprio wolf of wall street ticket to success stuff. You missed the boat big time on that one.

    Crazy working hours. Yes, you get paid well however when you work it out per hour it becomes very average. If you're contract says 9-5 don't honestly expect to work those. I work 8:30am til 6:30pm (middle office) - a lot of my team work longer and we aren't compensated like successful traders / sales people (most old school are long gone).

    It's the same everywhere I've been, especially in banks - politics. It's a huge company and people are looking after themselves - it doesn't mean you're going to have a terrible time but managers are so busy looking up pandering to the needs of those above and playing politics with others that what chance to those at the bottom get? Real leadership inspires, nurtures, listens, etc - but most in leadership roles (big and small) are not natural leaders.

    With the greatest respect to those in India; stop offshoring Barclays. Seriously, I know you can get 3 Indians or more for the price of 1 in the UK or US but it's about value and not price for what you get. Let's not confuse value and price. Half the company is based out in India by workers utterly confused and inexperienced, not able to think beyond their checklists printed for them. Empty promises, not delivering work, when it is delivered it's all wrong or fudged - ah, I can go on. Seriously, it's easier to get up and work with one person on the other side of the floor.

    Some teams can be a bit 'old boys network' but they are rare. It could be much worse - most are normal.

    The biggest issue at Barclays investment right now (early 2015) is that it is run by a chap that knows retail banking (CEO Anthony Jenkins). The investment bank is a mere child compared to what it was a few years ago and staff morale is low. It's low because people are heavily overworked due to ruthless job slashing yet the business keeps demanding more and more - there is no more juice to squeeze. I get the feeling the top guys want to turn the overall Barclays group into a retail bank and sell of the investment part eventually - so long as it's providing a good enough return then they'll keep hold. But seriously, the workforce are drained, exhausted and good people leave within just a year.

    The bank has tens of thousands of staff. Even those extremely good at the bottom deserving promotion have odds heavily stacked against them because of the numbers game. It's very hard to get noticed when you have so many also wanting to be noticed and seen as 'special'. Don't expect quick promotions, like with most banks (a lot of good timing and luck involved) rather than natural talent and skill.

    Advice to Management

    The general feeling of the CEO in the investment bank side is that he is purely a retail guy. Nothing wrong with that but he's totally neglected those working in the investment bank - he isn't popular (remember; this is the same chap that publicly blames the investment bank for the old days but keeps very quite about PPI mis-selling - the same PPI issues that appeared when he led the retail bank...funny huh).

    Your managers are over worked and most are clueless. Your staff are mostly young (in their 20s) and feel exhausted.

  9. Good learning, stagnation aplenty

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Analyst in Singapore (Singapore)
    Former Employee - Senior Analyst in Singapore (Singapore)

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great work atmosphere, very pro-diversity

    Cons

    Tends to be a lot of stagnation, the infrastructure teams have been getting the short end of the stick because of all the troubles in the last few years

    Advice to Management

    Compensation and promotions should be more transparent

  10. Management plan is disjointed with limited staff over worked.

    • 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 a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Work location and the knowledge to build your understanding of subject matter.

    Cons

    Managers manage up and not down. The volume of work with limited staff support and expectation of execution of that work is unrealistic. Changing priorities everyday without focus, then to have the work that was said to be priority put aside after spending time and shifting current work load to execute.

    Found that most mid-level management are YES people without questioning the rationale for the reason why, for fear of not being part of the niche crowd. Line managers adhoc requests are vague and unclear but you are expected to figure it out with no support.

    Work-Life balance is stated but not practiced.

    Advice to Management

    Hire enough staff to do the work expected with out over working your current limited staff on hand. This may help the heavy staff turnover. Just don't accept tasks or projects blindly but ask, is this the best way of doing it or why are we doing it.

  11. Not as good as it once was.

    • 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)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Market leader with C-suite access to nearly all potential clients.

    Cons

    Former Lehman culture now pervades New York office. This has resulted in fiefdoms and less collaboration across groups. Less variety in job roles as organization is far more hierarchical now.

    Advice to Management

    I think this is just a function of the culture shift from having a growing IB business to having a fully mature one after the Lehman acquisition.

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