Barclays Reviews | Glassdoor

Barclays Reviews

Updated July 24, 2017
603 reviews

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Barclays CEO Jes Staley
Jes Staley
61 Ratings

603 Employee Reviews

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Pros
Cons
  • Work life balance varies around the group (in 164 reviews)

  • Senior management appear to be out of touch and love marketing jargon when you wish they would just cut through the BS (in 137 reviews)

More Pros and Cons

  1. "Research"

    StarStarStarStarStar
    • 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 Barclays full-time

    Pros

    Flex work environment in certain groups

    Cons

    very large firm, slow to make decisions/progress

    Advice to Management

    take interest in subordinates and their career goals.


  2. "bare bone operation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Barclays full-time

    Pros

    friendly coworkers and flexible working week

    Cons

    1. business is worsening. Bond trading used to be top 3 on the street at lehman time. Now it's squarely on the 2nd Tier. They start outsourcing middle office ops to India now.
    2. company keep cutting people and every team runs bare bone. There are so many people and so little resource.
    3. ridiculous position-based promotion simply drive good people out of firm because they can not grow within the team. Layback people just stay with the firm until they can fetch fat severance package.
    4. bonus sucks big time.

  3. Helpful (1)

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

    StarStarStarStarStar
    • 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.


  4. "Weathering the scandals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Barclays full-time (More than 10 years)

    Pros

    In Technology at least, work/life balance is encouraged and occasional working from home is acceptable. The firm supports many internal groups such as a women's network and gender diversity initiatives. Internal mobility is also strongly encouraged.

    Cons

    Morale is low and many of the best people have fled the Bank after a series of scandals led to belt tightening and reorgs.

    Advice to Management

    Know who your best people are and do more to keep them.


  5. "What will they be in the future?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Barclays full-time

    Pros

    Lot's of resources, Compensation, Facilities, Brand

    Cons

    Chaos, Questionable Ethics, Lack of Direction, In-fighting, Gridlock

    Advice to Management

    Make a plan and stick to it.


  6. "General Comments"

    StarStarStarStarStar
    • 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

    I worked at Barclays full-time

    Pros

    Top tier investment bank and capital markets business - formerly Lehman Brothers

    Cons

    Lack of understanding managing a U.S. capital markets business by British parent

    Advice to Management

    Spin off investment bank from Barclays PLC; move HQ to US


  7. "Credit Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in Henderson, NV
    Former Employee - Credit Analyst in Henderson, NV
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great benefits, flexible schedule, you do not need a degree of any kind to be hired, colleagues are very friendly

    Cons

    Pay, favoritism, lack of professionalism, and difficult to receive honest information, call center environment contrary to what is told to you in interviews

  8. "Operations Analyst"

    StarStarStarStarStar
    • 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
    Negative Outlook
    No opinion of CEO

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

    Pros

    -Overtime at Analyst level is nice

    Cons

    -IT infrastructure is totally askew from Lehman acquisition, makes the job much more difficult.
    -High employee turnover, leading to low morale.

    Advice to Management

    Need to empower employees more. Everyone recognizes major issues in systems and processes, but can't get the money/time to fix them.


  9. "Getting better, but a long way to go to be competitive"

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

    I have been working at Barclays full-time (More than 10 years)

    Pros

    Collaborative environment. Nice people. Hard working group. Smart risk managers. Big picture and long term mindset. Global player. Scale. In the flow with most of top peers.

    Cons

    Compensation compares low. Retention is challenging. Polices are very conservative. Technology and equipment and overall support functions are not up to industry standard.

    Advice to Management

    Refocus on being competitive, recruiting and retaining the best, get your edge back and equip your people with the best tools and most flexible policies permissible (not just the path of least resistance)!


  10. "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Hamilton, OH
    Current Employee - Anonymous Employee in Hamilton, OH
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Pay
    Benefits
    They feed you well
    Active in the community

    Cons

    Some of the supervisors/leads are unapproachable
    Training class is in dire need of a computer system that works so you know what to expect when speaking with customers.
    There is no training manual, you are stuck in a class that consist of taking notes.
    Hiring staff/supervisor paint you picture of how great is to work there and how supportive everyone is when in reality it's 30% true
    When you accept the job, be prepared to be called/hounded daily by recruiting staff to make sure you are still taking the job

    Advice to Management

    Get computers/training system that allows you follow through and know what to expect when handling customers requests
    Don't hire lazy/unapproachable supervisors/leads


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