T. Rowe Price Reviews

Pros

Great colleagues
Promotes collegial environment
Very stable - few layoffs
Excellent benefits

Cons

Too many meetings
Very conservative
Work life balance iffy
Pay on the low side

Advice to Senior Management

more mentorship at higher levels in the organization

Pros

Lots of industry experience, ability to intereact with other departments. Good, flexible hours

Cons

Low pay, not a lot of opportunities to move within the company.

Pros

Decent pay and a cost of living pay increase each year. Bonuses are almost guaranteed based on the company performance. Retirement plan is the best compared to anywhere I have ever worked.

Cons

New health benefits package is costing the employee more out of pocket. For the amount of money the company has in the bank, you would think they would hire more people to cut down on the amount of overtime.

Pros

T. Rowe price is a great place to work. It has a laid back, yet professional atmosphere. The benefits package is great.

Cons

T. Rowe Price is much like any other big company. There is a very hierarchical structure. The pay is not too great.

Advice to Senior Management

Management should focus on helping their associates develop and progress towards their career goals. Some managers act very unprofessionally and rely too heavily on others to do their work.

Pros

Great training
Collaborative enviorment
People always willing to help

Cons

Pay and raises for internal promotions. You could make less then someone hired external to do the same job
If you don't have a good manager to help with career development then you will never get promoted

Advice to Senior Management

When someone applies for internal job the recruiter should do a little more then send a canned email saying they are pursuing other candidates. You could be missing a lot of internal talent by terrible recruiting practices!

Pros

Good training, coaching, licensing. Pretty good team environment if you are lucky to get into the right group.

Cons

Lower pay than most financial services companies. Coaching opportunities make you feel like you can never do a god enough job. Mgt forgets where they came from. Starting to grade calls, and will tie a "call grade" to performance.

Advice to Senior Management

Continue to communicate to your employees. Revamp EDGE program to give employees with outside mgt experience a chance at a mgt position.

Pros

Employee Stock Purchase Plan, Health Benefits

Cons

Terrible Management, Minimal Graduate Degree Funding, Low Starting Salaries, Redundant Work, No Growth Opportunities Internally, Operations Layoffs Will Continue

Advice to Senior Management

Fire the entire management staff in Operations, especially the manager of the Fund of Funds group

Pros

Stable company, great benefits, opportunity for growth (and get Series 7, 66 licences), tuition reimbursement program, decent starting salary, support of management, lots of internal communication, and great co-workers.

Cons

T Rowe Price is a great company, but I quickly came to realize that the company pays less than the competition; associates would get their licensing and experience, then would move on to another company where they could get much higher pay. Also, depending on the division, you may be micromanaged.

Advice to Senior Management

Great company, stable, conservative, stays out of trouble....but the systems and online platforms leave something to be desired. Customer service is good, but customer service and great systems are better!

Pros

Benefits, area discounts, good retirement program

Cons

Too much change, too little progress

Advice to Senior Management

Value your employees

Pros

Benefits are decent, job security is high, people are nice, perks ok

Cons

pay is horrible, positive reinforcement isnt always there, they promote on being nice and not what you know.

Advice to Senior Management

Take care of your lower level managers and associates better and you can retain the employees that are worth keeping and not the ones who the employees worth keeping get out of trouble