There are newer employer reviews for Barclays Investment
There are newer employer reviews for Barclays Investment

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spring week intern

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Intern - Spring Week Intern in London, England (UK)
Former Intern - Spring Week Intern in London, England (UK)
Recommends
Positive Outlook
No opinion of CEO

I worked at Barclays Investment as an intern (Less than a year)

Pros

great staff and very willing to take time to talk with all interns

Cons

more time shadowing would have been great

Other Employee Reviews for Barclays Investment

  1. Benefits are a lie

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Singapore (Singapore)
    Current Employee - Vice President in Singapore (Singapore)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    This review deals specifically with the benefits package in Singapore. I will address the company itself in a separate review.

    Cons

    The health insurance makes up nonsensical reasons not to pay out once it decides it doesn't want to pay out. For example, refusing to pay for a medicine because they don't have the actual prescription as well as the receipt (not actually a requirement under the contract, and never required for any other prescription) or not paying for doctors visits if you ever change doctors because they can label the new doctor a "second opinion" which they refuse to pay for. They don't pay for preventive care. They don't pay for specialists. They don't pay for prescriptions. They don't pay for doctor visits even when you're sick with a serious illness (they don't even want to pay for the doctor who diagnosed and treated my wife's autoimmune disease. They claim that's not really a disease!) The clinics that do take the insurance directly (instead of requiring cash payment upfront, and making you deal with the insurance company directly) are generally terrible quality and not worth visiting. They have long lines, don't accept appointments, and you get very little time with the doctor for your trouble. My family has received awful misdiagnoses, and had symptoms completely dismissed by these clinic doctors. If you take this job, consider it as not coming with health insurance. Absolutely do not count on this insurance if any member of your family has any sort of chronic illness. It will not pay out, and there is no way to change their minds.

    Advice to Management

    Stop cheaping out on the health insurance. It makes the company look bad, it angers your employees, and encourages people to quit to find real health coverage. There is really no excuse for your health coverage to be this bad in Singapore, where healthcare overall is much cheaper than in the US.


  2. Helpful (1)

    Great people, but unappreciated

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    People and culture are exceptional, very knowledgeable and approachable. There's lots to be learned here. There is a lot of loyalty to the people on the floor (including mine).

    Cons

    Change is being badly managed, directed and communicated by Senior Management. 4 bosses in 2 years. IT is under resourced and does not deliver as a result. Systems are outdated and creaking under the strain. Resource of the right level and knowledge is constrained and there has been an unwillingness to pay to get the right resource in permanently especially given the longer term location strategy, leading to a dependence on contractors who tend to leave within a couple of months. This leads to a continual round of training with no benefit and leads to an additional strain on permanent staff. There is a feeling that we are being made to pay for working in the investment bank, especially pay and bonus wise, which given that the culture is quite different in the rest of the bank (hours and benefit wise) seems unfair. Location strategy makes people afraid for their jobs and often leads to inefficiencies and loss of learned knowledge and increased risk as processes are transferred. Especially when there is a huge amount of change going on in the organisation.


There are newer employer reviews for Barclays Investment
There are newer employer reviews for Barclays Investment

See Most Recent

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