Barclays - Typical banking culture | Glassdoor
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There are newer employer reviews for Barclays

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Helpful (1)

"Typical banking culture"

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

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

Pros

Looks good on your resume but that is about it.

Good place to work if your title matters to you more than the actual work you are going to do.

Cons

Very bureaucratic and disorganized place. Lots of mediocre folk parading the little knowledge they have. Technology is really outdated, makes life a lot harder. Big time double standard when it comes to telling our clients how amazing we are doing but then your pay sucks. Admin staff is stretched beyond limits. Ridiculous cost cuts take away everything and anything that was covered. That includes no alcohol at "office parties". Zero work life balance.

Other Employee Reviews for Barclays

  1. Helpful (9)

    "Difficult to be an adviser at Barclays Wealth Americas"

    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
    Disapproves of CEO

    I have been working at Barclays full-time

    Pros

    World class research.
    Access to high quality investment professionals across Wall Street.
    Strong relationships with other service providers.
    A well known brand.
    Strong analytic work from internal teams.
    Competitive levels of pay for top performers.

    Cons

    The management of Barclays Wealth Americas is run primarily through a culture of fear. Employees are discouraged from presenting issues or opportunities to improve the firm. There is no formal process with which to do so. Employees who informally attempt to raise issues are penalized or disciplined, and hurt their chances of future career growth.

    Benefits are skewed towards the top producers, which reduces the amount of collaboration between employees.

    Investment recommendations are most often made on the basis of what will earn the firm the highest amount of revenue. Products are pushed on advisers weekly. The advisers that sell the most commission-based products are rewarded and recognized more so than others. Management has a broker-dealer focus that adds conflicts of interest to the Wealth Management platform from succeeding.

    Finally, the technology in place is older and slower than that of its competitors, putting everyone at a disadvantage. Time is often wasted having to correct or re-enter data into various systems, making it harder to stay on top of your day-to-day tasks and goals.

    Advice to Management

    I would advise the CEO of Barclay's to replace the BWA Management Team with new executives who have experience running an advisory platform versus a broker-dealer platform and are willing to invest in portions of the infrastructure.


  2. Helpful (1)

    "DO NOT WORK HERE!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Campus Recruitment in New York, NY
    Former Employee - Campus Recruitment in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good compensation and benefits, but that's about it.

    Cons

    HIGH turnover
    Terrible management
    MANAGERS are RUDE
    Managers don't listen to employees' thoughts or ideas
    Very cliquey

    Advice to Management

    If everyone is leaving, there MUST be a problem and IT'S YOU

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

See Most Recent

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