Barclays Reviews

Updated October 29, 2014
Updated October 29, 2014
593 Reviews
3.0
593 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.  

    Demotivating and uninspiring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President IT in Jersey City, NJ
    Former Employee - Assistant Vice President IT in Jersey City, NJ

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

    Pros

    Company has a lot of good people working internally. Great skillsets and good personalities, talented as well. Great place to hang out at if you don't like doing much work or accomplishing much of anything. Pay is decent, but below market rate for location.

    Cons

    Lack of ability to get anything done. Everything is rule by committee and unless you're Director level or above, no one listens to nor cares for your opinion, no matter your level of expertise. Dual-headed teams engenders competition and lack of clear direction inhibits progress. Promotion is done via good ole boys network and grading for reviews is done on a curve; one person must receive a poor grade even when undeserved. If you're not in the UK, your opinion does not matter.

    Advice to ManagementAdvice

    Instead of playing politics, focus on listening to people and enabling success. Stop grading on a curve and start focusing on doing things, versus not rocking the boat.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2.  

    High and Lows

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

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

    Pros

    Really talented and all-around great people (for now).

    Cons

    Very political - progress is slow and changes are usually too little too late. Lots of turnover - losing good talent due to frustration with the organization. HR promotion process makes no sense - is not based on meritocracy and contributions - and compensation is weak.

    Advice to ManagementAdvice

    Don't just focus on cost-cutting and creating efficiencies - foster a company culture that makes people feel valued.

    Doesn't Recommend
    No opinion of CEO
  3.  

    Great career move, poor life choice

    • 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

    Resources to do great equity research, decent pay and if you're in the right group, it's a meritocracy. The pay at one point was good but with all of the scandals bonuses get cut with regularity.

    Cons

    The HR system is abysmal, management does not care about its employees and morale could not be worse. Everyone at the company got their bonuses cut during recent scandals despite being in completely different operating groups. Furthermore, nothing ever happened to those involved, they had already left the firm. Also, the pay discrepancy between your superior and yourself is massive. For example, my former boss made over 20x my salary.

    Advice to ManagementAdvice

    There should be fewer people in management who care only about themselves

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Good

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

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

    Pros

    It provided me a great global exposure

    Cons

    There are no Benefits - health, paid leaves etc.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Very lucky experience with my team

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

    I worked at Barclays

    Pros

    The 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.

    Cons

    There 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.

    Neutral Outlook
    No opinion of CEO
  7.  

    Time to leave barcap

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

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

    Pros

    Used to be a good place to work with smart people, although it went nose down after the libor news

    Cons

    The entire place git Really messed up

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Great place to start a career in finance

    • 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 full-time (more than an year)

    Pros

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

    Cons

    Compensation is never above the street.

    Advice to ManagementAdvice

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

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Bank in a state of flux

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

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

    Pros

    Excellent talent to work with and a vast array of products to sell. Working with management side by side truly helps get you involved in the banks plans as a whole and what direction they are going.

    Cons

    The talent is all leaving, either voluntarily or being forced out and what is led i'm not sure will be a sustainable institution for very long.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Lay offs

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

    I worked at Barclays as a contractor (more than an year)

    Pros

    Good colleagues, good work life balance

    Cons

    Bureaucratic style, No growth, No contract to full time chance, Layoffs without warning and with no consideration for work performance, Not e-verified, will not do STEM extension if you need it

    Advice to ManagementAdvice

    Stop hiring for no reason if you cant keep the employees you have or if you are not equipped to handle visa requirements.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Head of Latin American Interest Rate and FX Valuations

    • 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 full-time (more than 3 years)

    Pros

    You're pretty much left alone to direct your own career

    Cons

    Extremely limited opportunities within the firm. Can't keep its name out of the news

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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