T. Rowe Price

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

4 people found this helpful  

State Government but without the frills

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

I have been working at T. Rowe Price full-time (more than 8 years)

Pros

Plenty of nice hard working people in the production roles.
You can depend on the people you work with, because if they couldn't produce they would have been forced out a long time ago.
Free Folgers in the break room.

Cons

Way too many layers of management.
Limited people in production roles with supervisors, managers, business unit heads over them contributing little.
Spends millions on consultants that provide no value, only suggestions for the future initiatives that never happen.
Limited room for growth, very conservative with adding new positions.
Very big on watered down job descriptions that immediately expand once you start, though which are never updated to reflect the new work.
You can work your way from the bottom to the middle, but any position above that they are going to look to hire from the outside. If you are coming from the outside, look to make 20-30% more then your peers in the same roles (good for you though).

Advice to ManagementAdvice

I have seen countless smart and hardworking people leave because the comp is so lacking compared to industry peers. You would rather have a person spend 1-2 years learning a new role then pay somebody who knows it inside and out the 2-3k to stay.
You used to fire back the "great benefits pitch" but now you have taken all of them away.

Doesn't Recommend
Neutral Outlook
Approves of CEO

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

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  1.  

    A great way to begin your financial advising career

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

    I have been working at T. Rowe Price full-time (more than 3 years)

    Pros

    Flexible shift hours, paid licensing, monthly meetings with manager, quarterly updates, great benefits in 401k and ESPP, OVERTIME.

    Cons

    Call center environment, routing determines everything - based on predictions of peak business. Not a perfect bonus system, pay is below industry average. Limited growth potential currently in this location.

    Advice to ManagementAdvice

    Cost of living, income tax, and inflation have had significant increases while these call center wages have maintained marginal growth.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Good company

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

    I have been working at T. Rowe Price full-time (more than 3 years)

    Pros

    work lift balance and nice office

    Cons

    salary is a bit lower than other competitor

    Advice to ManagementAdvice

    consider to provide better benefits to keep the employee

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

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