T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews in Baltimore, MD

Updated October 29, 2014
Updated October 29, 2014
287 Reviews
3.6
287 Reviews
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
194 Ratings

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 25 reviews)

  • Great benefits and comfortable work environment (in 38 reviews)


Cons
  • headset policy is cumbersome, even for a call center) (in 15 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

53 Employee Reviews Back to all reviews

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  1.  

    Great place to start!

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

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

    Pros

    Good work life balance, friendly work environment.

    Cons

    Salary is not the best.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good company, not great pay. Room for growth but efforts are not always rewarded.

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

    I worked at T. Rowe Price full-time (more than an year)

    Pros

    relaxed environment, generally people are very nice

    Cons

    pay is low, people who do not pull their weight can easily get by, even get promoted

    Advice to ManagementAdvice

    Cut people who do not contribute to the team-it hinders productivity for those who do contribute

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great Company; collaborative working environment

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

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Collaborative working environment; family friendly, and very livable city to work at in Baltimore. Overall stability of the firm is a major plus, very little volatility, senior level transitions are handled in a thoughtful way, and are telegraphed.

    Cons

    Depending on the group, promotion potential can be limited. Some parts of the organization can be very flat, so unless your boss leaves, you could be stuck in the same place for 5-10 years.

    Advice to ManagementAdvice

    Keep up the good work.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    T Rowe Price

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant in Baltimore, MD
    Current Employee - Administrative Assistant in Baltimore, MD

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

    Pros

    Voted "Most Admired Company" 3 years in a row. Also voted Best Place to Work.

    Cons

    As of yet, I have not identified a negative aspect of this company. I believe it is a great company focused on clients.

    Recommends
    Positive Outlook
  6.  

    Great Company

    • 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 10 years)

    Pros

    It's like family. Most people are helpful.

    Cons

    Compensation could be higher than it is.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Looks great on a resume if you can stand the political environment.

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

    I worked at T. Rowe Price as an intern (more than an year)

    Pros

    Looks great on a resume. Benefits are amazing- matching 401k, adoption pays up to 80% of fees and tuition reimbursement. Great tool for networking.

    Cons

    Very political environment, hard to move up the ranks unless you network and even then it can be cumbersome. The hiring/on-boarding process can take weeks or months for a position approval.

    Advice to ManagementAdvice

    Management: Promote candidates that actually deserve the job and are qualified.
    More often than not it was about who you knew in the company rather than experience or job performance. Contracting for this company can be risky depending on the manager.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Good place to start a career and learn the business. Too much focus on race

    • 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 5 years)

    Pros

    I started here out of college and have worked both in Owings Mills and in Baltimore. It is a great place to work, especially if you are starting out. Even though it is a big company it really feels like a family and the culture is great.

    Cons

    There is a lot of focus on race and ethnicity at this company and it has gotten worse over the last few years. There are efforts to boost the number of minorities with management even admitting that they are willing to go into bidding wars with their competitors for minority job applicants. While I'm sure it is well intentioned, If you are a minority in this company you feel like you are just there because of your skin color. Unfortunately other employees begin to become suspicious that you only got the job because of your skin and otherwise aren't capable. This focus on race is racist and needs to stop. Aside from this it is a good company.

    Advice to ManagementAdvice

    Stop the focus on race and ethnicity. We should be hiring people based on how well they will do the job, not to fill a quota. At the end of the day what matters is whether or not the person has good ideas. As MLK famously said, "Judge a man by his character and not by the color of his skin."

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Mediocrity is its Game Plan

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

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Great benefits. Easy access to offices. Really nice people.

    Super stock program.

    Cons

    Salaries oriented toward the middle of pay grades, except for the investment groups
    Top-down, detail-oriented management destroys accountability and initiative in middle and upper management ranks
    Everyone looking over their shoulder -- people just do their job because they value longevity over accomplishment.
    Management says it cares about its people, but doesn't really support that notion through compensation or work environment -- at heart, this is a very cheap firm, if you're not a stockholder.

    Advice to ManagementAdvice

    Walk the talk

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great Place to Work

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

    I worked at T. Rowe Price as a contractor (less than an year)

    Pros

    Great team work
    Family Oriented Organization
    Exceptional Leadership
    Great Pay

    Cons

    System is disorganized
    Little documentation in IT

    Advice to ManagementAdvice

    Enforce creating documetation

    Recommends
    Approves of CEO
  11.  

    Overall, great company that puts clients first and operates with integrity.

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

    I worked at T. Rowe Price full-time (more than 10 years)

    Pros

    Sound company | strong financial & fund performance | fiscally conservative and overall prudent management and guidance of the firm at the top | good benefits and professional development opportunities | flexibility and independence at most levels of the organization | community involvement encouraged | overall high caliber of people at all levels

    Cons

    Challenges related to rapid growth. Lack of technology integration across systems requires more manual intervention, making it challenging to get work done timely and effectively. Less focus on management and associate development than in prior years.

    Advice to ManagementAdvice

    Seek input and ideas for growth from all levels of the organization. Encourage division leadership to lead by example by taking more accountability for issues/project fails

    Recommends
    Neutral Outlook
    Approves of CEO

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