Barclays

www.barclays.com

Barclays Reviews

Updated January 28, 2015
Updated January 28, 2015
648 Reviews
3.0
648 Reviews
Rating Trends

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

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance (in 60 reviews)

  • Work environment is average, it's comparable to other large banks (in 23 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 28 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 a 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
  2. 1 person found this helpful  

    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
  3.  

    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 a 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
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  5.  

    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
  6.  

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

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

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

    Pros

    DIrect 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.

    Cons

    Very 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 ManagementAdvice

    Identify, mitigate then eliminate the extreme bureaucracy.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ETL Backend Tester in Wilmington, DE
    Current Employee - ETL Backend Tester in Wilmington, DE

    I have been working at Barclays part-time (more than a year)

    Pros

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

    Cons

    some 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.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    awesome

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays

    Pros

    amazing place to work, fun environment

    Cons

    none that i could possibly thing of

  9.  

    Worst management

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

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

    Pros

    If you are a consultant, great place to work

    Cons

    Terrible management. Unrealistic expectations for employees

    Advice to ManagementAdvice

    Of you rate employees on expectations, management should live up to those expectations themselves

    Doesn't Recommend
    Negative Outlook
  10. 1 person found this helpful  

    Ehhhh.

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

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

    Pros

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

    Cons

    Promotion 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 ManagementAdvice

    Needs a complete overhaul. All the money spent paying McKinnsey for the review has seemingly been wasted for the moment.

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

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

    • 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 8 years)

    Pros

    Good internal mobility
    Good international mobility

    Cons

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

    Advice to ManagementAdvice

    Less of the "values" and "go-to bank", more about how to make money

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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