T. Rowe Price
3.3 of 5 247 reviews
www.troweprice.com Baltimore, MD 5000+ Employees

T. Rowe Price Reviews

Updated Apr 14, 2014
All Employees Current Employees Only

3.3 247 reviews

                             

88% Approve of the CEO

T. Rowe Price President, CEO, and Director James A. C. Kennedy

James A. C. Kennedy

(176 ratings)

67% of employees recommend this company to a friend
247 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Very people friendly company, with good work/life balance"
    in 19 reviews
  • "Great benefits and comfortable work environment"
    in 35 reviews
Cons:
  • "headset policy is cumbersome, even for a call center)"
    in 14 reviews
  • "Impact to ability to have appropriate work life balance"
    in 6 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great place as a beginner

Retail Service Associate (Former Employee)
Colorado Springs, CO

I worked at T. Rowe Price full-time for more than 3 years

ProsGood people, decent benefits, teamwork between associates

ConsLimited advancement, poor pay compared to competitors

Advice to Senior ManagementListen more to the people who work hard for you.

No, I would not recommend this company to a friend

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Good for resume

Associate (Current Employee)
Denver, CO

I have been working at T. Rowe Price full-time for more than a year

ProsProfessional environment, good place to work straight out college. Good stepping stone for other jobs.

ConsThe pay is way below what other companies pay. Lots of micro management and unnecessary meetings. Training is very below average, if it all

Advice to Senior ManagementBe more hands on

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Tattling is rewarded

Brokerage (Current Employee)

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

Pros*Great training
*fun, smart coworkers
*some clients can be pretty funny
*teaches you valuable life skills

Cons*tattling is rewarded--this creates a very toxic work environment where people set up other people for failure
*pay is okay, we've lost a lot of good people to competitors
*constant micro-management
*management plans poorly and consistently underplans their employment, making other departments "loan" out their employees to other departments
*once management doesn't like you, you're outta luck
*technology is outdated and constantly failing, putting pressure on phone reps
*lots of mandatory OT

Advice to Senior ManagementEmployees are people! You should encourage a collaborative environment, rather than a toxic work environment. People dread coming to work and people who speak up are punished. There are a lot of competitors who are fighting to steal your well trained employees. Treat us like we're also assets under your management and you'll have a better ROI.
Also, reward the people who deserve to be rewarded, including those people who have tenure. It seems like supervisors have no backbone and refuse to fight for their employees. Again, there's a lot of competitors coming in the financial services industry, so many people are leaving because of this.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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  • Culture & Values
         
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  • Comp & Benefits
         
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  • Approves of CEO

 

T. Rowe Price Tampa

Anonymous Employee (Former Employee)

I worked at T. Rowe Price

ProsGreat place to get started. They pay for you to get your FINRA licenses.

ConsLittle opportunity for upward mobility unless you are willing to move to Baltimore first. Promotions are not always based on ability as much as how much the managers like you. IN Tampa most managers have been in those positions for quite some time so for you to move up someone has got to leave their position first.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Be proactive and never resist change

Anonymous Employee (Current Employee)

I have been working at T. Rowe Price

ProsJob stability. Nice people. Good parking. Remote Desktop. Recognition program.

ConsPaid on 15th and month end instead of biweekly. Management attrition.

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  • Approves of CEO

 

Fantastic company. Encourages employee growth and development.

Anonymous Employee (Current Employee)

I have been working at T. Rowe Price full-time for more than a year

ProsCareer growth/development opportunities. Excellent benefits and work/life balance.

ConsLots of change in the past year has employees unsettled.

Yes, I would recommend this company to a friend

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Excellent Company. Great Values.

Retirement Plan Specialist (Current Employee)
Owings Mills, MD

I have been working at T. Rowe Price full-time for more than 10 years

ProsT Rowe really recognizes employee contributions, both in recognition, advancement and pay.

ConsSometimes managers can play favorites, but i'm sure that occurs everywhere.

Advice to Senior ManagementKeep up the good work! I really enjoyed the way you kept associates in the loop on future company goals and plans,

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

My experience was good for a couple of years and bad the last six months of employment.

Supervisor (Former Employee)
Owings Mills, MD

I worked at T. Rowe Price full-time for more than 3 years

ProsThe company has excellent benefits for the employees which include healthcare, company match 401k plan, stock options and vacation. The pay scale is above average.

ConsMost of the promotions are within a click of people groups and not based on your experience.

Advice to Senior ManagementPromote qualified people and not friends.

No, I would not recommend this company to a friend

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  • Disapproves of CEO

1 person found this helpful  

Work life balance was promoted

CPS (Current Employee)
Owings Mills, MD

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

ProsBenefits, company match, profit sharing, professional work environment

ConsExcessive overtime, expect to work most holidays, lack of support from upper management, no clear direction, work life balance not important or supported, supervisors not important- focus on associates and not leaders

Advice to Senior ManagementLook closely with high turnover, why are people leaving. Why are leaders no longer inspired? Why don't they want to follow? Is it the organization's leader? Change is important and needed. We need someone who cares about their people and can inspire us!!

No, I would not recommend this company to a friend

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You get what you pay for!

Anonymous Employee (Current Employee)

I have been working at T. Rowe Price

ProsGreat 401k, downtown office is nice, learned a lot about office politics and the types of people to avoid in my career.

ConsPoor, detached, unengaged and ignorant leadership. Most managers remind me of children that are playing "Office," just like children would play "House" or "Doctor." I believe the low low salaries attract weak and insecure talent. Beware of competitive leaders who will back stab you for a few hundred more dollars in their already tiny bonuses. This reminds me of hungry dogs fighting over a single bone. The desperation and uncertainty of income and advancement adds to the low employee morale. The skills that are taught are non-transferable. They are only relevant to specific tasks. If you are young you will be expected to perform basic Excel tasks for upper management because they are not trained on modern technology. Oh, by the way, they still use Excel for everything! It's 2013! If you are smart and talented - stay away - this company does not know how to foster your growth.

Advice to Senior ManagementHire and promote, smart educated people. And pay them a competitive salary! Base that salary on the skills they are bringing to the organization and not the cost of living adjustment you gave them the year before.

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Glassdoor is your free inside look at T. Rowe Price reviews and ratings — including employee satisfaction and approval rating for T. Rowe Price CEO James A. C. Kennedy. All 247 reviews posted anonymously by T. Rowe Price employees.