Barclays Reviews in New York, NY | Glassdoor

Barclays New York Reviews

Updated March 23, 2017
581 reviews

Filter

Filter

New York, NY

581 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
  • Work Life Balance is out of the window specially during busy season (in 150 reviews)

  • High turnover at the senior management level (in 127 reviews)

More Pros and Cons

  1. "Think Twice before Considering"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Risk Management in New York, NY
    Current Employee - Vice President, Risk Management in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Barclays full-time (More than 5 years)

    Pros

    Barclays introduced dynamic working which allow us to work from home at least once a week. Not all groups are eligible. But if you're one of the lucky ones, it's the best scenario. Work life balance is good but depends on the group and manager.

    Cons

    Lack of career development and promotion. Raises are Little (insulting) or none. Bonus is not competitive. Bouts of laid offs are still occurring albeit less frequent. Shutting down businesses that are non-core.

    Advice to Management

    Maximize the talent of your employees instead of under utilizing their skills performing mundane tasks. Some managers do not empower their employees to optimize their performance.


  2. "Stepping stone"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Barclays full-time (More than a year)

    Pros

    Reimbursed cabs, private cars; free meals; salary + bonus

    Cons

    Hours; everyone was miserable; encourages culture of "drones"; After redesigning outdated systems/mechanisms that are used to provide support to my entire team with huge time saving enhancements as well as learning how to be a better analyst with regard to products/industries/financial valuation methodologies outside my direct scope, I was told that was a waste of time and just to focus on my little niche. Company is very outdated and old school with lots of hazing techniques embedded in the various groups. All the investment banks probably have this to some degree, but at least the others know how to pay employees and keep them from going to hedge funds / private equity.

    Advice to Management

    Embrace the investment banking culture or spin-off the bank. Don't try to keep it, but have the opposite culture. If you don't improve pay, brain drain will continue to goldman sachs or hedge funds / private equity.


  3. "Analyst to Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate, Investment Banking Division in New York, NY
    Former Employee - Associate, Investment Banking Division in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Barclays full-time (More than 3 years)

    Pros

    Fantastic training (Lehman), excellent global opportunities, world wide brand, work on all types of transactions. Fantastic colleagues and good mid level mentors from associate through to MD.

    Cons

    Went through Lehman bankruptcy, management issues and culture clash between old LEH and new BARCAP management. No work life balance, normal investment banking


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


  5. "Working at Barclays"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology Analyst in New York, NY
    Current Employee - Technology Analyst in New York, NY

    I have been working at Barclays full-time (More than a year)

    Pros

    Good Work Life Balance.Good people.

    Cons

    Working on old legacy software. Compensations limited.


  6. "Negative outlook for employment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in New York, NY
    Former Contractor - Anonymous Contractor in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Barclays as a contractor (More than a year)

    Pros

    Pay relatively good rates for first peer IB

    Cons

    Unstable management. High turn-over rate


  7. "Constantly Restructuring"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Barclays full-time (More than 10 years)

    Pros

    Well established global company, with offices throughout the US.

    Cons

    In the last 10 years, senior management has changed several times. Constantly restructuring! There are no more mid level managers...VPs and Senior VPs have all been laid off.

    Advice to Management

    Stop laying off your experienced staff. HR support team is overseas!

    Barclays Response

    Feb 13, 2017 – Head of Resourcing

    Thanks for taking the time to post a review. Its great to hear that you worked with us for over ten years, I hope that this is a reflection of a challenging and engaging career. It is very fair ... More


  8. "I would go back if the opportunity arised."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Contractor - Sanctions Analyst in New York, NY
    Former Contractor - Sanctions Analyst in New York, NY
    Recommends
    No opinion of CEO

    I worked at Barclays as a contractor (More than a year)

    Pros

    Barclays was very big on engaging their employees via team building exercises and events.

    Cons

    Not many opportunities for growth.

    Advice to Management

    Continue to engage and getting to know your employees.


  9. "Excellent Company and benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Barclays full-time (More than a year)

    Pros

    Barclays is a very employee friendly company. Their U.S. benefits packages are among the best I've ever had with a large multi-national bank. Great staff and management team during my tenure.

    Cons

    Senior level management (C-Level) stability has been an issue for a while. They need to look at how they can manage stability at that C-level while maintaining the excellent employee culture they have created


  10. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Barclays full-time (More than 5 years)

    Pros

    Great coworkers feeling like "we're all in the same boat".

    Cons

    Constant downsizing and insecurity about the job.

    Advice to Management

    Try to keep your employees. When you lose them, don't assume the new people will learn quickly.


  11. "Production support analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Barclays (More than 5 years)

    Pros

    Great place to work at, I especially enjoyed working with my manager/team. Everyone was so friendly, helpful and supportive.

    Cons

    Favoritism is the only thing I can think of and working hours sucked

    Advice to Management

    None



Showing 581 of 3,922 reviews
Reset Filters