Barclays - Behind the times | Glassdoor
There are newer employer reviews for Barclays
There are newer employer reviews for Barclays

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"Behind the times"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee in Jersey City, NJ
Current Employee - Anonymous Employee in Jersey City, NJ
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

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

Pros

Good medical/dental/vision benefits.
Good company match on 401k contributions.

Cons

A meritocracy is preached, but not followed.
Compensation model is poor, even for a bad economy / industry environment.
Promotions and lateral position movements are too restrictive, creating a "trapped" environment.
Systems are too numerous and outdated.
IT Development budgets are weak, preventing a streamlined processing strategy.

Advice to Management

Open up the books more and give better annual salary increases and bonus' to your current employees.
Focus less on internal "awards" programs and more on actual cash compensation.
Better annual increments in pay/bonus go a long way for retaining talent.
Solid compensation is the only TRUE motivator for a happy and engaged workforce.

Other Employee Reviews for Barclays

  1. "Good place to start my professional career but not great at personal development"

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

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

    Pros

    - Well known company
    - Good pay and benefits
    - Comfortable work environment

    Cons

    - Internal mobility is VERY difficult at Barclays... sometimes people feel "stuck" in a role they don't like but can't get out of that role unless they switch to a different company
    - Your contributions are not easily recognized or may sometimes be taken for granted
    - A lot of the managers don't help their team members in areas of development and are more concerned with the bonus they themselves willl get
    - Work/ life balance is not great (long hours)

    Advice to Management

    - More focus on individual workers (their development, work/life balance)
    - Make internal mobility more easier


  2. "Good place, management changes"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

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

    Pros

    Had good continuous management until recently

    Cons

    Management turmoil resulting from Libor investigation

There are newer employer reviews for Barclays
There are newer employer reviews for Barclays

See Most Recent

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