Barclays Reviews

Updated October 29, 2014
Updated October 29, 2014
592 Reviews
3.0
592 Reviews
Rating Trends

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

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance (in 57 reviews)

  • Work environment is average, it's comparable to other large banks (in 22 reviews)


Cons
  • We had to do overtime everyday so work/life balance was no so good (in 20 reviews)

  • There have been increased senior management changes in recent years (in 27 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Please get rid of the current CEO

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

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

    Pros

    People there are very nice. Culture is wonderful. The people in my team and my boss are very nice to work with.

    Cons

    It's in general pretty hard to find super smart people there. Trading floor is so noisy.

    Advice to ManagementAdvice

    We want Bob Diamond to come back and take charge.

    Recommends
    Disapproves of CEO
  2.  

    Dog eat dog company.

    • 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 full-time (more than an year)

    Pros

    High collaboration
    younger employees, room for growth

    Cons

    Won't hesitate to layoff employees after major project has completed
    Too many people hired

    Advice to ManagementAdvice

    Limit new hires to what is needed. Excessive hiring eventually leads to layoffs.
    Management seems open to new ideas and values opinions.
    A clear path for promotion is not evident.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Not the best

    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY

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

    Pros

    competitive pay, great location of offices

    Cons

    lots of senior management changes

    Doesn't Recommend
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  5.  

    Sales and Trading

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

    I worked at Barclays as an intern (less than an year)

    Pros

    Made me very uncomfortable, asked me to ask questions to the interviewer, made me sing a song

    Cons

    Horrible experience, trading is not meant for girls it seems according to them

    Advice to ManagementAdvice

    Focus more on the culture of firm than the revenues of the firm

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    I've been with Barclays for a year. Overall great experience. Lots of changes for the past year in the firm. It's hard to say whether it's good or not.

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

    I have been working at Barclays (more than an year)

    Pros

    Good benefit and friendly working environment

    Cons

    Long hours morale is not very good; Low pay and slow promotion

    Advice to ManagementAdvice

    Please change the CEO. He knows nothing about investment bank

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7.  

    HR

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays full-time

    Pros

    Experience
    Good coworkers
    Nice location with lots of food choices

    Cons

    No work life balance
    Very high depending

  8. 1 person found this helpful  

    Bad company

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

    I worked at Barclays full-time

    Pros

    The health insurance plans, benefits, and 401k are the best aspects of working for this this company. There is also the benefit of working around some very intelligent individuals.

    Cons

    applicable to operations teams at the company:

    Poor pay
    High stress
    Low employee morale
    Culture is very poor
    Lack of gratitude from management
    No positive reinforcement
    Only acknowledgement when there are problems
    High level of scrutiny
    Promotion process and salary increase is poor …ex: very possible that you will make less than the team you manage bc you lose overtime and the adjustment for that loss is terrible
    Inconsistent and unfair tuition reimbursement policy (discriminatory)
    No company holiday parties
    No group holiday parties
    Poor management at most levels* (there are a handful of good managers who want you to succeed, and who are willing to take time and offer advice, however, these are the minority and you must generally seek them out)
    Not somewhere to have a long career

    Advice to ManagementAdvice

    improve morale, pay better, show appreciation for the hard work of many employees

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

    Worked at Associate level in 3 divisions across firm

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

    I have been working at Barclays full-time (more than 3 years)

    Pros

    Seamless internal mobility process. Offers a broad range of products. Nice office space.

    Cons

    Subject to excessive regulation, target of multiple domestic and foreign investigations resulting in major fines
    Cannot compete with peers on comp; hemorrhaging talent over the last few years.

    Advice to ManagementAdvice

    Invest in infrastructure, maintain competitive comp to retain high performing employees. Communicate more focus on what businesses the firm wants to be in long run.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    No Clear Strategy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Documentation in Houston, TX
    Former Employee - Documentation in Houston, TX

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

    Pros

    Compensation was competitive. The people who came from NYC to train us in Houston were great.

    Cons

    Poor work life balance. Manager had an NYC state of mind so she was not concerned with working timely and efficiently. Managers tend to micro manage and there is no consistency across teams. The benefits were just ok as far as prescription coverage I felt I paid more with Barclays. The company is behind tech wise and they are just now going through changes other banks went through years ago. They are having another relocation strategy after less than a year in Houston.

    Advice to ManagementAdvice

    Stop making decisions so hastily. Value people more and don't be such a stickler for days off after working people for more than 12 hours a day.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Poor experience. Worked there for 3 years and everything that could go wrong did.

    • 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 full-time (more than 3 years)

    Pros

    In Barclays New York, there are great networking events with WiN and WiT. Salaries are quite generous compared to competitors.

    Cons

    Very weak management. Technology sector is collapsing. Projects constantly put on hold an moved to the UK. Benefits are lacking for such a big bank. Health insurance is Blue Cross Blue Shield which is not the best and not accepted everywhere. Business and Technology are laying off and displacing employees constantly.

    Advice to ManagementAdvice

    Hire some experienced people who know how to do their job and can drive the company to success. If you want good US presence the make New York Barclays more robust or else close shop in the US. Barclays is ruining many careers.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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