Barclays - Very interesting but very uncertain | Glassdoor
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"Very interesting but very uncertain"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Windows Infrastructure Specialist in Singapore (Singapore)
Current Employee - Windows Infrastructure Specialist in Singapore (Singapore)
Recommends
Positive Outlook
Approves of CEO

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

Pros

Great variety of work, lots of good projects and initiatives to get involved with, some very smart people. You can create your own job where you find something valuable that needs doing. Technology is getting more investment than it used to and Barclays IT wants to function more like a Technology company, this is starting to come to fruition. Lots of opportunity to progress.

Cons

Everyone is very uncertain about the future, management seem to have no long term plan (that they have shared at least) so often good talent leaves for something more secure. No top-down leadership in IT, very tribal and bottom-up organization, often leading to overlap on work, lots of duplication and no clear picture of where you fit. Broken processes that have been lost in multiple, incomplete restructures make getting most things done a real challenge. If you work outside of the UK, be prepared to adjust to their time zone, and any other region you need to speak with as part of your role.

Advice to Management

Lead from the top, create a clear organization structure, provide better definition of teams roles and responsibilities to give employees a better sense of where they are going and that the work they do fits into the organization. Have a longer term plan and be more open about it.

Other Employee Reviews for Barclays

  1. "Not the best place"

    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
    Approves of CEO

    Pros

    Good branding. Good amount of forums for cultural, sports etc.

    Cons

    Limited benefits. Highly political with no real value for people. Most senior people are very hierarchical and unapproachable.


  2. Helpful (2)

    "A firm in gradual decline"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in London, England (UK)
    Former Employee - Sales in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    * Chairs were comfortable (Herman Miller, Aeron)

    * Nice offices in Tokyo and Hong Kong

    * SeamlessWeb deliveries

    Cons

    * Bonus deferral schemes with very low cash caps. One of the lowest among banks in 2011/2012.

    * Pointlessly bad IT infrastructure.
           * 300mb email quota. Cumulatively spend days in a year deleting emails from a full inbox.
           * Slow, unresponsive PCs.

    * "Learning at Barclays" : randomly clicking on flash animations for 50 minutes every quarter.

    * Culture: pretty minimal. No strong company identify. 'British'.

    * "Additional fixed payment": a trick to minimize pensionable salary. Increases as % of fixed comp as become more senior.

    * People bloat: a lot of Directors (being paid great bases) doing very little. Sales and IT particularly bloated with middle management.

    * Politics: rife and unavoidable. Probably just as bad as other investment banks. Politics drives everything.

    * London Canary Wharf location. Pretty bleak, better to be in the City.

    Advice to Management

    Don't worry. Its far more efficient for unhappy employees to leave to alternative places than for the company to change.

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

See Most Recent

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