T. Rowe Price Reviews

Updated June 29, 2015
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3.7
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
206 Ratings

Pros
  • Good work life balance, friendly work environment (in 25 reviews)

  • Stable company with great benefits (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 Pros and Cons

320 Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Helpful (1)

    Excellent place to work

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great job culture. Work life balance. great benefits. Amazing co-workers

    Cons

    Depending on the type of job, you may get called during off hours.


  2. Great for some. Deadend for the rest

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

    I have been working at T. Rowe Price full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Consistent work. Low chance of going out of business.

    Cons

    Most people are stuck at the bottom with little chance to move up.


  3. Risk Management & Control Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Management & Control Specialist in Owings Mills, MD
    Current Employee - Risk Management & Control Specialist in Owings Mills, MD

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Benefits (health insurance, 401k matching, end of year 401k bonus contributions, employee discounts, on-site gym & cafeteria, college reimbursement). Ability to transition to new roles(huge company).

    Cons

    competitive salary but not top of the industry, lots of turnover within roles.

    Advice to Management

    work harder at retaining talent with incentives, increase salary.


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  5. Investment Specialist

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Solid training in financial services from investments through sales techniques. Comparable to other large MF organizations in the space. Their thinking is to rely on good benefits and training as a substitute for compensation.

    Cons

    Significant political games and salaries are not close to market rate for revenue generated. Bonus structure is weak. Lack of upward movement unless in the HQ location.

    Advice to Management

    Compensate the foundation of AUM retention and growth. Fund performance is solid, however, clients should be a focus which the reps care for on a daily basis.


  6. Helpful (1)

    PSC 401k Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - 401k Service Associate in Colorado Springs, CO
    Former Employee - 401k Service Associate in Colorado Springs, CO

    I worked at T. Rowe Price full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    You can learn a lot of good details about the finance industry and tips on how to save for your retirement.

    You meet great people who can become lasting friends.

    You don't have to have a college degree to work there and the pay starts at about $36,000.

    Cons

    -High turnover
    -Inconsistent Management
    -Lack of employee motivation

    I went through 4 Supervisors in the time I was there. One was a new supervisor and he was awful. He never followed-through with scheduling sit-ins with other departments, he did not respond to emails or put through time requests. He was one of the most frustrating managers I have ever worked for. He said he wanted your honest opinion of his performance since this was his first time as a Supervisor, but when I provided feedback, he used that against me. I had to complain to the Group Managers, but there was no results from that. The job caused so much stress and anxiety I had to quit.

    The last several months I was there, the department's staff dwindled and we were outrageously busy and could not keep up with client demand. They have been working the dept 50 hour work-weeks since January. Everyone there is getting burnt out!!

    Advice to Management

    Hire more competent managers and treat your employees better. Maybe then your service-levels will improve.


  7. Standard Review

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Retirement Plan Coordinator in Colorado Springs, CO
    Former Employee - Senior Retirement Plan Coordinator in Colorado Springs, CO

    I worked at T. Rowe Price (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The culture, benefits and challenging positions

    Cons

    Vision for deployment and management styles

    Advice to Management

    Communicate and coach


  8. Helpful (1)

    Excellent benefits and culture, great people

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

    I worked at T. Rowe Price full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Top notch 401k matching and contributions.

    Cons

    Direct pay is lower than competitors due to other benefits (401k contributions, etc.). Advancement can prove challenging due to the the long tenure of employees. Many are considered "lifers" and will likely retire at the company (a rarity in today's world).

    Advice to Management

    Keep up the great work.


  9. Great place to start

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Good company, great benefits well run.

    Cons

    Salary is a little too low, but you can make good money there.


  10. RCS Specialist

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

    I have been working at T. Rowe Price

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Nice enviorment/ pretty slow paced dept.

    Cons

    there are no real cons except your always on the phones


  11. Helpful (2)

    good company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    financially strong company with ethical culture, focused on clients first

    Cons

    cheap company, not creative, little freedom for employees, too in love with itself and its traditional ways, slow to change



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