Barclays - Stagnant environment but good benefits | Glassdoor
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There are newer employer reviews for Barclays

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"Stagnant environment but good benefits"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Business Analyst in London, England (UK)
Current Employee - Business Analyst in London, England (UK)
Doesn't Recommend
Positive Outlook
Disapproves of CEO

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

Pros

The salary and benefits offered are very generous and are very easily accessible to all levels. Internal promotion is relatively simple at lower skill levels and this quickly corresponds to increased wages.

Cons

Very slow at change and innovation, the company is very behind in terms of IT systems, banking systems and more importantly at attitude towards the customer. There is a very imminent presence of Senior level slogans that do not materialise in employee eyes. Operations are too widely dispersed, approaching diseconomies of scale.

Advice to Management

Instead of promoting meaningless slogans seek to get it right for the customer, this will bring you most business. Change the focus away from cost reduction but more towards revenue maximisation - by definition this is more expansive and will prevent losing skilled employees and outsourcing operations that should be domestic.

Other Employee Reviews for Barclays

  1. Helpful (1)

    "Bureaucratic, political, self interested"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Senior Marketing Manager in London, England (UK)
    Current Employee - Senior Marketing Manager in London, England (UK)

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

    Pros

    Learn how to work in a matrix
    Very profitable business
    Excellent grounding for understanding business financials and managing risk
    Compensation is good

    Cons

    No empowerment
    Small roles
    Very slow decision making
    Lots of layers
    Very hierarchical with people more concerned with grade than with talent and ability

    Advice to Management

    Empower your workforce, you pay well to get great talent then gve them small roles with unclear responsibilities.


  2. Helpful (1)

    "Best ECC facilities.."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Analyst in Pune (India)
    Former Employee - Technical Analyst in Pune (India)
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Good for freshers, get to learn lot of things from different people.

    Cons

    Not a good company for long run, unless you like your comfort zone.
    Now no onsite, no salary hike, less promotions, ineffective certification system... list is long.

    Advice to Management

    Transparency is what they require....


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

See Most Recent

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