Barclays 3,620 Reviews | Glassdoor

Barclays Reviews

Updated March 23, 2017
3,620 reviews

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3,620 Employee Reviews

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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. "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    Hours; everyone was miserable; encourages culture of "drones"; After redesigning outdated systems/mechanisms that are used to provide support to my entire team with huge time saving enhancements as well as learning how to be a better analyst with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 Company is very outdated and old school with lots of hazing techniques embedded in the various groups.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.


  2. "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


  3. "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.


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  5. "Barclays review"

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

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

    Pros

    Global reach, opportunities for growth

    Cons

    Muddled management plans, lost its way in recent years


  6. "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


  7. "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


  8. "Associate equity research"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays full-time

    Pros

    Enjoyed interacting with people great mentors and very strong culture. Great Branding and launching pad for career

    Cons

    Compensation relative to the managers, and high associate turnover. the money is ypically allocated the highest level employees and the pool of money is not distributed evenly. Comp per hour when broken down is concerning


  9. "Investment Banking"

    Star Star Star Star Star
    • 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

    The people are easy to work with for the most part. Strong sense of culture within divisions.

    Cons

    Cost-cutting and tough industry equates to pressure on headcount.


  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. "On the rise again"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    No opinion of CEO

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

    Pros

    Strong market participant great people improved transparency and opportunities for mobility and growth in the investment bank. Incredibly successful card business model.

    Cons

    Somewhat still hierarchical and management is heavy in the U.K. The retail and corporate bank drive the culture from the U.K. While the investment bank remains in the shadows sometimes coming out to bask in a scathing scandal of its risks.

    Advice to Management

    Work on compensation. The hiring freeze has stretched a number of employees and it would alleviate some of the burn out. Also provide more clarity on mobility.



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