T. Rowe Price Reviews

Cons

It's not perfect, but it's a great place to build a career.

Cons

Pay doesn’t even keep up with inflation - very tough to get employee increases that will make an impact for the work done

Cons

I don't really have any cons to report as they have always worked with me especially during my absence while I was fighting cancer. They offered lots of support.

Cons

Low salary, unrealistic sales goals

Cons

The department is going through constant change, which makes a very unstable environment. People are often providing misinformation to clients and other associates due to the confusion. There is extreme micromanagement and a lot of favoritism. Getting promoted or moving into a new position is not necessarily based on your skill set and job performance, rather who you know from within. This causes people who are not necessarily qualified for their positions being put there, which seems to be how a lot of the management got to where they are. The environment some of the managers have produced is one that is not professional.

Cons

T Rowe Price is all about consistent, steady, reliable investment management. That culture pervades the entire organization. Boring, steady, consistent, unchanging. Everything from the culture of dress, flexible work, and even the technology is the same old, same old. Very little room for creativity. Lately they’re trying to reinvent some of these practices.

Many folks are long-tenured (which is good) but because the culture is stagnant, those folks have built their full identities and self-worth around their jobs. People like these are unlikely to embrace and affect change, even when it is needed.

Pay increases sometimes lag behind cost of living increases, and are generally not market-adjusted.

Also, communication is poor. Many associates don’t understand the company’s vision or strategy, or their role in it.

Cons

A lot of opinions = paralysis or competing redundant initiatives. Can be difficult to drive change, but expected at such a large org.

Cons

The pay could be better

Cons

- Technology teams take a backseat to finance. Not worth working here if you are a good technologist, your career will suffer.
- Senior managers that are extremely toxic and play favorites. Was asked "How old are you? Do you have kids? When I was your age, I would have killed to be making that much! What do you need a raise for!?" When asking for a raise after making huge contributions to the company the year before.

- Managers play favorites; I have seen extremely proficient engineers get passed over for raises and promotions because of politics

-HEAVY on office politics.

- Had one manager that was good, and then one manager who claimed: "I expect you to be here before me and leave after me". It's hit and miss if you end up on a good team, and you are not allowed to switch teams for one year and manager approval is required -- if your manager doesn't like you, he can block your transfer.

Cons

limited PTO, training still needs to be fine tuned to include someone to teach the license info. an error can linger against you for nearly 2 years