T. Rowe Price Reviews

Updated August 14, 2014
Updated August 14, 2014
282 Reviews

3.5
282 Reviews
Rating Trends

Recommend to a friend
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
201 Ratings

Review Highlights

Pros
  • Very people friendly company, with good work/life balance (in 19 reviews)

  • Great benefits and comfortable work environment (in 36 reviews)


Cons
  • Career opportunities in Colorado Springs were limited to call center management (in 14 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Tattling is rewarded

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

    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    *technology is outdated and constantly failing, putting pressure on phone reps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 ManagementAdvice

    Employees 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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    T. Rowe Price Tampa

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

    I worked at T. Rowe Price

    Pros

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

    Cons

    Little 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.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Work life balance was promoted

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

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

    Pros

    Benefits, company match, profit sharing, professional work environment

    Cons

    Excessive 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 ManagementAdvice

    Look 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!!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    You get what you pay for!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at T. Rowe Price

    Pros

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

    Cons

    Poor, 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 ManagementAdvice

    Hire 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.

  6.  

    Excellent Company. Great Values.

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

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    Conservative, but Stable

    Current Employee - Anonymous Employee  in  Tampa, FL
    Current Employee - Anonymous Employee in Tampa, FL

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

    Pros

    This is a great company to work for. Great benefits and a trustworthy staff.

    Cons

    Movement through the company will SHARPLY differ depending on what site you work at. The opportunities in Baltimore vastly outnumber that which is available in Tampa and Colorado.

  8.  

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

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

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Promote qualified people and not friends.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Good atmosphere and nice people in the Tampa office.

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

    I have been working at T. Rowe Price as an intern for less than a year

    Pros

    Good hours, great location, perks for working there.

    Cons

    The way they rate you on the errors aren't very fitting for what you actually do.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Solid company, good people

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

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

    Pros

    The opportunity to work with many bright and talented individuals

    Cons

    Alot of collaboration sometimes slows down the abilty to get things done

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great place to work & learn

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

    I have been working at T. Rowe Price

    Pros

    Great collegiate environment to start off and gain working experience. Friendly staff and Organization in general.

    Cons

    HR can be slow in terms of employment promotions. Acknowledgement of success from upper Management is slim to none.

    Recommends
    Neutral Outlook
    Approves of CEO

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