Barclays Reviews | Glassdoor

Barclays Reviews

Updated May 22, 2017
3,782 reviews

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Full-time Part-time

3.5
Star Star Star Star Star
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Approve of CEO
Barclays CEO Jes Staley
Jes Staley
506 Ratings

3,782 Employee Reviews

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Pros
  • Work life balance is well maintained (in 444 reviews)

  • Great working environment, fantastic people (in 185 reviews)

Cons
  • Work life balance varies around the group (in 160 reviews)

  • Location strategy, Rapid change in senior management (in 131 reviews)

More Pros and Cons

  1. "Enjoyed my time there..."

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

    I have been working at Barclays full-time (More than 8 years)

    Pros

    Collaborative work environment, supportive HR and Management.

    Cons

    Constant target for regulators, too many changes in Senior Management led to lower morale and confidence in the firm, which led to more departures.


  2. "Re: Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Henderson, NV
    Current Employee - Anonymous Employee in Henderson, NV
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The benefits are really good.

    Cons

    Non-qualified management does most of interview hiring.

    Advice to Management

    Hire using third party. This will make sure it is fair across the board.


  3. "Great people, below market compensation, not the place for technologists"

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

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

    Pros

    Surrounded by smart and talented co-workers. Midtown location is a great place. The brand is still attractive in the street. Can't really think of any more pros.

    Cons

    Three CEOs changes in five years. There by, no single strategy was successfully executed across any division over years. Several businesses are being sold off as spun off units.

    Advice to Management

    Invest in technology and benchmark firm's competitiveness against the market.


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  5. "Good Pay and Experience - Poor Work Life Balance"

    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
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Learn a lot, well paid, and good for the resume

    Cons

    Work life balance and levels of responsibility can be limiting


  6. "Analyst"

    Star Star Star Star Star
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY

    I worked at Barclays (More than a year)

    Pros

    Room to grow within the role

    Cons

    Ability to move around within the organization


  7. "Good experience, excellent benefits"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate, Investment Banking Division in New York, NY
    Current Employee - Associate, Investment Banking Division in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great experience in investment banking, will gain deal experience across all products in coverage groups. Colleagues generally good with recommendations for your next job.

    Cons

    Not very culturally diverse, and you generally only see WASPs at VP level and up. Like gravitate toward like, and come promotion time, people put in the best words for those they like.

    Advice to Management

    Establish diversity quotas.


  8. "Solid experience"

    Star Star Star Star Star
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Barclays (More than 5 years)

    Pros

    Good deal flow, solid learning experience

    Cons

    Group culture isn't that great.


  9. "Average"

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

    I have been working at Barclays full-time (More than 8 years)

    Pros

    Barclays is a stable and reliable company. Its reputation is well-established, and it is considered very reliable. You do not have to wonder whether the paycheck is going to come or not.

    Cons

    There is a lot of red tape involved in decision making at every level. The company moves too slowly to keep up in some industries. Management is generally very cheap.


  10. "Barclays Global Investors is one of the best companies I ever worked for."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - OTC Clearing/Prime Brokerage in Jersey City, NJ
    Current Employee - OTC Clearing/Prime Brokerage in Jersey City, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    There was a family atmosphere, and we all worked together to get the job required of us done; though we often went above and beyond.

    Cons

    During the crisis 2008-9 Barclays Global was sold, and it was a bit hard to adjust, at which time I decided to try my luck in Canada.

    Advice to Management

    Keep doing what your doing


  11. Helpful (1)

    "gender gap"

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

    I have been working at Barclays full-time (More than 3 years)

    Pros

    Great NY headquarters location.
    Internal transfer are possible.

    Cons

    The risk management of the firm has shifted and is now set up in a very conflictual mode where members of the risk organization are encouraged to be aggressive and to use tough language towards their counterparts. Whether that comes from top managers is unclear but it appears to be related to the addition of personal in managing roles with prior-experiences from other banks. There is a clear gap between the official company culture and the day to day working environment that does not promote collaboration.

    Being a woman inside Barclays in NY is very difficult. My new manager explained to me on his first day that I would certainly have kids soon and that in anticipation I should adjust my schedule. Most of the new hires are men and were engaged with less experience at a higher pay rate and with a higher ranking. I first thought I was misinterpreting events but my opinion in a masculine-only environment started to be frequently overlooked. I even reached out to receive some mentoring from successful women in the firm but that did not help. Some of them aknowledged that they were not really happy with their responsabilities and pay. I also learned that other women had experienced similar situations. The situation was much different in the UK where the salary gap between me and my male colleagues appeared much less asymmetrical and my opinions were equally valued.

    I also experienced akward situations related to diversity for instance a colleague and I were singled out as assets not for our contribution but for our ethnicity. While several other awkward situations occurred I think this may be an isolated problem specific to our department. It raises the question of the oversight from HR and/or top management on yet another theme that impacts the working environment.

    Advice to Management

    I would advise a stricter scrutiny from HR on gender gap (salary, promotion and new hire).
    I would recommend fostering a more collaborative environment between risk and business.


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