T. Rowe Price Reviews

Updated August 28, 2015
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347 Employee Reviews

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  1. Helpful (1)

    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
    Recommends
    Positive Outlook

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

    Pros

    Consistent work. Low chance of going out of business.

    Cons

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


  2. Investment Specialist

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


  3. Helpful (4)

    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
    Doesn't Recommend
    Neutral Outlook

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

    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.


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  5. 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The culture, benefits and challenging positions

    Cons

    Vision for deployment and management styles

    Advice to Management

    Communicate and coach


  6. 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.


  7. 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    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.


  8. RCS Specialist

    • 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

    Pros

    Nice enviorment/ pretty slow paced dept.

    Cons

    there are no real cons except your always on the phones


  9. Lead Retirement Coordinator

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Commerce City, CO
    Current Employee - Anonymous Employee in Commerce City, CO
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Challenging role which provides a lot of growth and expansion of skill sets that you normally wouldn't obtain in one role alone.

    Cons

    Slow to implement change, communication from leadership could be improved

    Advice to Management

    Opportunity to advance technologocially faster which will allow ability to keep pace with the rest of the industry. Culture does not promote a healthy work life balance, which impacts morale.


  10. 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


  11. Helpful (2)

    Work Environment

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

    Pros

    As a contractor, steady work for the past year.

    Cons

    As a contractor, have to be in the right group to become a permanent employee.

    Advice to Management

    Hire more contractors, some of us are really highly-skilled.



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