Barclays Reviews | Glassdoor

Barclays Reviews

Updated February 19, 2017
375 reviews

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Barclays CEO Jes Staley
Jes Staley
31 Ratings

375 Employee Reviews

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Pros
Cons
  • Sometimes I badly felt the work life balance (in 148 reviews)

  • High turnover at the senior management level (in 126 reviews)

More Pros and Cons

  1. "Better than working fast food"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fraud Analyst in Colorado Springs, CO
    Current Employee - Fraud Analyst in Colorado Springs, CO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Better than a minimum wage job at McDonalds.

    Cons

    Office politics. Only employees who are "friendly" with the management get promotions.

    Advice to Management

    Take better care of your employees by providing a "level playing field" and more advancement opportunities.


  2. "Not a good place to work, especially in middle or back office."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    It is well recognized in the street. With the acquisition of Lehman, the firm has grown significantly. It has gained good reputation among peers and has agressively gained market shares in a lot of areas. Good place for a starter.

    Cons

    Headquarter is in London. New York branch is really treated as a branch. All the decisions are made in London. The Lehman acquisition is more like a reverse acquisition. A lot of the 3000 Barclays ppl have lost their job. Many senior positions are taken by ppl from Lehman. This company does not award loyal employees. The longer you stay, the more likely your pay will be screwed. Bonus is at a very low level as compared to the peers in the street.

    Advice to Management

    Play less politics and do more work.


  3. Helpful (1)

    "There is no place worse than Barclays Capital."

    Star Star Star Star Star
    • Work/Life Balance
    • 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
    Disapproves of CEO

    Pros

    Barclays is a place where junior people have opportunity to make big decisions. They let many young, relatively inexperienced people manage big teams.

    Cons

    This place is very poorly managed. There is no communication, no feedback, no career development, and no teamwork. They let very inexperienced people be in charge and there is a lot of delegation and not a lot of work in the mid and low level management.

    Advice to Management

    Listen to your employees and then you'll know how unhappy everyone is. It's not just the Lehman folks either - there is severely high turnover everywhere and it needs to be addressed.


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  5. "Regret working here"

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

    Pros

    Good name on a resume, hours aren't too bad.

    Cons

    Ever since Lehman went down (I was a former Lehman employee) I had to work for htis company. I would highly recommend working elsewhere.

    Advice to Management

    Get rid of the analyst training program for IT! Its horrible, and does NOTHING to help keep talent in the firm.


  6. "Not so great experience for me"

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

    Pros

    Great Title, competitive comp plan.

    Cons

    lack of appreciation from management. Overtime never gets appreciated and mgmt never flexibl. Lack of process and document management

    Advice to Management

    Aprreciate the overtime spent by FT PERM employees and bring work/life balance


  7. Helpful (1)

    "Would not recommend this place to anyone looking for a new opportunity."

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

    Pros

    The salaries are decent for IT people when comparing them to other investment banks on wall street.. There are some very smart people working at this place.

    Cons

    Very incompetent management at this place. There is no trust here at all, and the politics are brutal. No culture here whatsoever.

    Advice to Management

    Stop treating IT people like trash. It's bad enough to work in a sweat shop that doesn't encourage any type of work life balance. The least you could do is treat your employees with some respect.


  8. "Worst Internship Ever"

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

    Pros

    Good/Friendly people, Good name. Good CEO.
    Other than that there really is no good reason to work in back-office finance.

    Cons

    Interning in the finance division was a horrible experience. First of all, the senior people do data entry too, so there really is no room for growth. The managers aren't concerned with training people under them. The environment is so bad that they told us during our first day of orientation that we shouldn't be in the internship program if we wanted to do front-office work. Its frowned upon for back-office people to want a front-office position.

    Advice to Management

    Understand that people want to transition from back-office to front-office and don't advise against it on the first day of orientation, especially for interns.


  9. "Worst Summer Ever"

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

    Pros

    - A good name for your resume
    - decent starting base pay
     I honestly can;t think of any more postive attributes

    Cons

    - back office people are shunned
    - no room for lateral movement, if you show any interest in moving around they will axe you
    - HR is not helpful at all

    Advice to Management

    keep dong what you are doing


  10. "Not so good a company - Barclays Bank DE"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Wilmington, DE
    Current Employee - Anonymous Employee in Wilmington, DE
    Doesn't Recommend
    Disapproves of CEO

    Pros

    it's ok salary and benefits

    Cons

    it's not about who you are, it's about who you know in this company

    Advice to Management

    respect your employee


  11. "Poor leadership/management in senior levels leading to low morale, confusion, and work quality of direct reports."

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

    Pros

    - decent work/life balance
    - not too stressful work environment
    - good comraderie amongst co-workers

    Cons

    - leadership lacking amongst senior managers
    - very little to non-existent transparency on promotion/career development
    - poor compensation structure particularly in bonus payouts
    - no dynamic in workplace
    - system infrastructure still very poor
    - too many projects that seemingly lose traction after roll out

    Advice to Management

    You guys have a lot of issues if you are thinking of competing with the rest of the street. Get your act together on focusing on correcting the aforementioned cons because you are beginning to develop a bad reputation on the street as a place not too many people would think about working for.



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