T. Rowe Price Reviews

Updated August 22, 2015
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
218 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

346 Employee Reviews

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  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
    Recommends
    Positive Outlook

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

    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 first job!

    Former Employee - Anonymous Employee in Massapequa Park, NY
    Former Employee - Anonymous Employee in Massapequa Park, NY
    Recommends
    Approves of CEO

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

    Pros

    Great Benefits - 401k, ESPP, fitness assistance, comprehensive health care Fun place to work Young Professional Environment Tuition Assistance a plus Perfect first job setting - great transition development from college to the workplace

    Cons

    Office presence in select states & countries Smaller company 401K Call Centers


  3. Fund Accountant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at T. Rowe Price full-time

    Pros

    This is a really terrific place to work. Wonderful company. Good pay, great benefits, great team.

    Cons

    In all of my time at this company, I don't have a negative thing to post about them. Fair treatment of employees.

    Advice to Management

    The management in my group was strong, very good on communicating issues / changes. Overall, a good place to work.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    Good place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Middle Office Associate in Owings Mills, MD
    Current Employee - Middle Office Associate in Owings Mills, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at T. Rowe Price (More than a year)

    Pros

    -Great benefits. You could make the median salary in the US for your entire 35 year career and still end up living upper-class in your retirement. -Stock purchase program is great--boosts your assets. -Industry giant, well known. -Great culture

    Cons

    -Management is average at best. If you're not front office, the work isn't the most challenging. -Slow advancement. -Low SALARY compared to peers. -Pittance of a yearly bonus and meh raises.

    Advice to Management

    Perhaps boost underlying salary. Allow for greater outside the box thinking. Adapt to different styles. For CLevel management, diversify FI offerings and get into the ETF game and get in proper.


  6. Helpful (1)

    Large company stuck thinking it is small

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Specialist
    Current Employee - Specialist
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great benefits (especially 401K) and reimbursement for courses and graduate degree. Low stress as long as you show up on time and are in the office when needed. Investment side of the company is run very well and is able to provide solid investments for clients.

    Cons

    No career path for many with little to know salary increases. They try and underpay by hiring out of college and trying to keep those employees there with minimal salary increases. The reporting side seems understaffed at times and has had issues retaining top talent due to low salaries. They are slow to change while they keep mentioning how they are a small company (with over 4,000 employees).

    Advice to Management

    Bring up salaries to market conditions and create more specializations within the company and clear career paths for those who are hired. Also communicate more clearly with employees and keep them informed.


  7. Helpful (1)

    Phone Representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retail Service Associate in Owings Mills, MD
    Current Employee - Retail Service Associate in Owings Mills, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Campus, benefits, young culture. People you work with are generally pretty nice. Almost a post-college atmosphere. Focus on people for the most part.

    Cons

    Management is very young and inexperienced. No value placed on putting those in roles they are qualified for. It is more driven by who can get a license but does not set them up for success as they lack the experience and aptitude to lead or be in that role. This is very frustrating to those they are expected to manage and it is apparent that they lack the ability to lead.

    Advice to Management

    Determine what is most important and act in that. Stop the focus on licensing and look for qualified and experienced leaders. Understand the true risk of inexperienced leaders and balance with the new focus on licenses. Stop the mass exodus of qualified leaders only to be replaced by someone that could pass a test. Rethink requirements for reps that is promoting constant turnover and opening us up to more risk. Also causing those that are here to have to work more and more to support turnover. This environment is changing from the foundation we were built on by Mr Price.


  8. Great learning experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Owings Mills, MD
    Former Employee - Intern in Owings Mills, MD
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Got to do actual associate work everyday. T Rowe has a great work culture - everyone is willing to help you and teach you anything you need to become successful.

    Cons

    Didn't really have time to meet other interns. Also, we didn't really have that many events where we could get to know more individuals within T Rowe.

    Advice to Management

    Have more intern activities


  9. Best call center in the area

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Best call center in the area. Great people. Excellent benefits. Great work environment if you like and embrace changes with optimism.

    Cons

    Lots of changes. High call volumes and not enough people. can easily get burn out with the work load. Hard to get time off approved.

    Advice to Management

    Get a grip. Better the pay and loosen up on the time off. Other than that, work on maintaining the great work environment.


  10. Stable and secure but not progressive

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Job security, good benefits, and good people. Great for recent graduates and anyone looking to start their career. Very conscious of employees needs and work life balance.

    Cons

    Not always progressive enough with technological advances. Career progression is self driven, many departments do not focus on employee development.

    Advice to Management

    Hire young people, be open to change, roll out new technology sooner, and invest in the education of existing employees.


  11. Decent place to gain experience

    • 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 full-time

    Pros

    Ability to gain series 7 and 66 at no cost and paid study time. You also gain financial advisory experience.

    Cons

    T. Rowe pays very low. There is limited potential for growth. Even after being being promoted to highest individual contributor role you may have earn a salary around 55k with no chance at earning commission.



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