T. Rowe Price

  www.troweprice.com
  www.troweprice.com
There are newer employer reviews for T. Rowe Price

5 people found this helpful  

Get your licenses and get out!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Investment Counselor in Tampa, FL
Current Employee - Investment Counselor in Tampa, FL

I have been working at T. Rowe Price full-time

Pros

-Stability
-Simplicity of work
Great place to work while pursuing additional credentials (CFA, CFP, MBA/MS)
-Pay for any licenses that are required for your role
-99% of the associates are easy to get along with and are generally down to earth people
-If you do your job there is the potential for a bonus at the associate level (3-8%) and you do have the opportunity to receive a salary increase at the beginning of every calendar year
-This company does A LOT to help you save for your retirement, more than any other company I've ever worked for plus the stock purchase program is basically an additional 2%

Cons

Its a call center, never forget that. Regardless of the department or your position title including management. If volumes are projected to be high, you have to work overtime and no it is not optional. The company expects you to accommodate every one of their requests to be flexible, but don't even try to ask for the company to be flexible because its nothing short of a waste of breath.

The company tries to fluff up how different departments operate but when it comes down to it, it is a service based company. Management is good for the most part, but its all one big game of perception. You may do next to nothing but if the higher-ups like you or think youre trying hard to improve they eat it up. It's a big game of who can get to Raymond James next in the sales and upper level Retirement sales departments and if you're not trying to get to Raymond James, you're probably sitting for the CFA/CFP or are going to grad school at night.

Scheduling is a nightmare and they have a program that micro-manages associates up the minute. It tells you where you are suppose to be and reminds you 10 minutes before. If youre not where you're suppose to for more than 5 minutes, you get yelled at.

I've never worked in a more depressing work atmosphere. No one is looking forward to doing their job, and this depressed vibe has spread across the site.

The current manner in which employees are rates and bonuses determined is nothing short of a popularity contest.

Advice to ManagementAdvice

Ask more associate feedback about their superiors. Increase incentives for associates to participate in activities and contests. Develop a clear cut way to evaluate employee performance.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

282 Other Employee Reviews for T. Rowe Price (View Most Recent)

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  1.  

    It's a fairly nice place to work. People are nice and work-life balance is generally up to you (varies by boss).

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quantitative Analyst in Baltimore, MD
    Current Employee - Quantitative Analyst in Baltimore, MD

    I have been working at T. Rowe Price full-time (more than an year)

    Pros

    Supports your professional development. Good work life balance. If you do reasonably well and play nice, you probably have one of the safest jobs in the industry.

    Cons

    You might not get much of a sense of what sort of impact you are having. There is a lot of intra-company politics. Appearances matter a lot here. There a lot of people here in middle management, so upward progression is tough.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company and great place to start. Lacking in opportunity.

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

    I have been working at T. Rowe Price full-time

    Pros

    Good entry-level position into financial services
    Ability to obtain securities licenses
    Effective training
    Good people
    Benefits were good; health benefits are in rapid decline.
    Commute

    Cons

    Lack of opportunities in the Tampa location. If you enjoy working in a call center, then this is the place for you.
    Relocation is necessary if you want to expand your skills outside of a leadership position.
    "Baltocentric" way of thinking.
    Middle management craves feedback from employees but does not follow up or take action.
    Slow to implement newer technology - part of their conservative culture. However, conservatism does keep them ahead of the pack in a down economy.

    Advice to ManagementAdvice

    There is amazing talent in the Tampa office. Bring some other opportunities besides the call center operation. You are losing many great people due to the lack of opportunities.

    Recommends
    Neutral Outlook
    Approves of CEO
There are newer employer reviews for T. Rowe Price

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