T. Rowe Price Reviews | Glassdoor

T. Rowe Price Reviews

Updated April 7, 2018
623 reviews

Filter

Filter

Full-timePart-time

3.6
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
(no image)
William J. Stromberg
92 Ratings

623 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Work/life balance is diminishing for staff while management leaves early (in 23 reviews)

  • They don't tell you it is a call center (in 31 reviews)

More Pros and Cons

  1. "Smart People, Great Culture, and Many Opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Baltimore, MD
    Former Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at T. Rowe Price full-time (More than 10 years)

    Pros

    Ability to partner with smart people who share ethical business values
    Business growth translates to many career opportunities
    Great facilities and amenities
    Compensation and benefits
    Company matches for 401(k) and charitable gifts
    Commitment to diversity

    Cons

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

    Advice to Management

    Stay the course, maintain the culture while growth occurs.


  2. Helpful (1)

    "Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supervisor in Colorado Springs, CO
    Current Employee - Supervisor in Colorado Springs, CO

    I have been working at T. Rowe Price full-time (More than 8 years)

    Pros

    Great benefits that support the family as a whole - child bonding , pet insurance and overall coverage has been rock solid

    Cons

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

    Advice to Management

    Invest more into your employees base pay - increases don’t even keep up with inflation

  3. "A company that puts employees first!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at T. Rowe Price full-time (More than 5 years)

    Pros

    Competitive salary
    Great work environment
    Excellent benefits package
    Offers work from home options

    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.

    Advice to Management

    Keep up the great work!


  4. "Financial Advisor in Client Development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tampa, FL
    Current Employee - Anonymous Employee in Tampa, FL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at T. Rowe Price full-time (More than 8 years)

    Pros

    Office is close to my house

    Cons

    Low salary, unrealistic sales goals

    Advice to Management

    Provide us with the tools/technology to effectively assist our clients


  5. "Retail Invesment Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Owings Mills, MD
    Former Employee - Anonymous Employee in Owings Mills, MD
    Doesn't Recommend

    I worked at T. Rowe Price full-time (More than a year)

    Pros

    The company provides training and funding to acquire series licensing.

    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.

    Advice to Management

    Hire based on qualifications. Minimize the favoritism by keeping the workplace a professional environment.


  6. "If you need a job, this is an ok company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at T. Rowe Price full-time (More than 10 years)

    Pros

    T. Rowe Price has a solid reputation, offers standard benefits and ok pay. Nothing stands out, though most folks will note the firm’s “culture” as being a real selling point. Their mascot is Trusty, the bighorn sheep, because bighorn sheep are known for being sure-footed. A noble choice, but again, nothing outstanding, interesting, or attractive. Gives you some insight into what the culture is.

    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.

    Advice to Management

    Increase communication to associates. Have the CEO do an annual video to share progress updates, future goals, and every department’s role in those goals.


  7. "Great place to learn, grow and collaborate. Good benefits. Some red tape."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at T. Rowe Price full-time

    Pros

    Great benefits, people and work environment. Very collaborative which is good and bad.

    Cons

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

    Advice to Management

    N/A

  8. "Great Company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at T. Rowe Price full-time

    Pros

    Great environment and focus on inclusion

    Cons

    The pay could be better


  9. Helpful (4)

    "Engineers are treated as 2nd rate employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Solutions Analyst in Baltimore, MD
    Former Employee - Senior Solutions Analyst in Baltimore, MD
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at T. Rowe Price full-time (More than 5 years)

    Pros

    - Good pay for the area,
    - Decent work-life balance (if you're on a good team)

    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.

    Advice to Management

    Fire senior managers that are extremely toxic to the org, regardless of tenure.


  10. "wise"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at T. Rowe Price full-time

    Pros

    growth and education opportunities, supportive mgmt for the most part

    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

    Advice to Management

    set time frames for when things drop off the record, so they aren't still affecting someone over 1.5 yrs later


Showing 623 of 690 reviews
Reset Filters