Barclays

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Barclays Reviews

Updated Jul 23, 2014
All Employees Current Employees Only

3.1 513 reviews

71% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(150 ratings)

57% of employees recommend this company to a friend

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance(in 50 reviews)

  • Flexible work from home, multiple network of mentors(in 11 reviews)


Cons
  • Transfers are very rarely given to help staff in work/life balance unless you are management(in 18 reviews)

  • There have been increased senior management changes in recent years(in 24 reviews)

513 Employee Reviews
Relevance Date Rating
in
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    • No Opinion of CEO

     

    Very lucky experience with my team

    Anonymous Employee (Former Employee)

    ProsThe structure of the Finance Graduate Program was ideal for a first job out of school, providing a well-rounded training curriculum and an opportunity to learn about all the different areas within in Finance. I can say that there was a recognition of the higher-performing graduate analysts, and that they were rewarded with the placements they sought out.

    ConsThere is a lack of true cohesion among all teams not only inter-departmentally, but also within Finance itself. Many teams seek to "protect" themselves rather than all constructively work together toward a greater purpose. Collective morale also took a big blow with all the high, senior-level misdeeds and the associated bad press.

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    Great place to start a career in finance

    Analyst (Current Employee) New York, NY

    ProsInvestment banking at Barclays provides a great learning experience for college graduates.

    ConsCompensation is never above the street.

    Advice to Senior ManagementWork-life balance could improve if not the compensation, early promotions could help to retain talent

    Yes, I would recommend this company to a friend

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    • No Opinion of CEO

     

    Very good personal experience in small team but overall organization needs a great deal of work.

    Anonymous Employee (Current Employee) New York, NY

    ProsDIrect managers are extremely caring and a joy to work for. Flexibility, boss is extremely understanding of all outside factors. Work/Life Balance provides opportunity to focus on family life. Down to earth colleagues make for a collegial environment. Independence to build, own and manage processes lets you make what you want of your role.

    ConsVery bureaucratic, it takes forever to get an answer or an approval due to countless layers and endless mixed messaging. Extremely slow pace for anything.
    Compensation was flat out bad and promotion process is inconsistent. No focus improving, just a focus on cutting costs. Very volatile organization with no stability due to lots of layoffs and a revolving door of employees. Communication is lacking as folks make decisions in isolation. Directors sit with their doors closed and many colleagues ignore emails and do not return voicemails.

    Advice to Senior ManagementIdentify, mitigate then eliminate the extreme bureaucracy.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Ehhhh.

    Operations Analyst (Current Employee) New York, NY

    ProsMost of the people I have met are very helpful. Great health benefits, 401k match.

    ConsPromotion process is unclear and completely different depending on the area of the bank you work in. There are seemingly people with titles who shouldn't have them as they don't do anything, or know what you would expect them to know for having that title. Executive management does not appear to have a pulse on all the negative sentiment that exists internally. Not a fun place to work. Direct mgmt seemingly doesn't care about it's staff. It's not a growing company, it's a shrinking one. No raises for years. Seemingly impossible to get an interview internally without knowing someone. HR is the worst. They are slow to respond: to queries, job submissions, etc. completely unhelpful.

    Advice to Senior ManagementNeeds a complete overhaul. All the money spent paying McKinnsey for the review has seemingly been wasted for the moment.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Disapproves of CEO

    1 person found this helpful  

    Ok when Bob D used to run things. It has fallen apart after his departure.

    Assistant Vice President (Former Employee) New York, NY

    ProsGood internal mobility
    Good international mobility

    ConsTerrible pay
    People paying too much attention to how long you've been away from your desk

    Advice to Senior ManagementLess of the "values" and "go-to bank", more about how to make money

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Approves of CEO

     

    A great experience and enjoyed the team and technical work environment.

    ETL Backend Tester (Current Employee) Wilmington, DE

    ProsGot well together, amazing infrastructure and amazing team support. Flexibility in timings. Wonderful learning experience. Great platform to exhibit self ingrained skills.

    Conssome challenges i have encountered here is I took a little of time for me to first catch hold of the financial sector and its intricacies.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    awesome

    Anonymous Employee (Former Employee)

    Prosamazing place to work, fun environment

    Consnone that i could possibly thing of

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    Worst management

    Event Manager (Former Employee) New York, NY

    ProsIf you are a consultant, great place to work

    ConsTerrible management. Unrealistic expectations for employees

    Advice to Senior ManagementOf you rate employees on expectations, management should live up to those expectations themselves

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

     

    Technology Analyst

    Analyst, Information Technology (Current Employee) New York, NY

    ProsNice work-life balance.
    Definite opportunity for growth.
    Exposure to wide array of technologies.

    ConsNot very tech-oriented.
    Management is set in their ways.
    Scope for innovation in technology is limited.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
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    • Disapproves of CEO

     

    Not typical IB bank

    Anonymous Employee (Current Employee)

    ProsWork life balance
    Relatively reasonable work hours as compared to other IB banks

    ConsToo big
    Does not pay
    Used to promote, now the policy changed. No promotions anymore

    Advice to Senior ManagementToo many policy changes from manageement

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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