T. Rowe Price Reviews | Glassdoor

T. Rowe Price Reviews

Updated April 29, 2017
326 reviews

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3.8
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William J. Stromberg
30 Ratings

326 Employee Reviews

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Pros
Cons
  • Also the overtime is terrible for anyway who wants a work life balance (in 20 reviews)

  • You're basically a glorified call center rep (in 27 reviews)

More Pros and Cons

  1. "Positive work environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Presentation and Production Specialist in Baltimore, MD
    Current Employee - Presentation and Production Specialist in Baltimore, MD
    Recommends
    Positive Outlook

    I have been working at T. Rowe Price full-time (More than 3 years)

    Pros

    Great benefits, decent pay, in an overall positive environment

    Cons

    Limited opportunities for growth based on department


  2. "Good starter job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Retirement Specialist in Tampa, FL
    Current Employee - Retirement Specialist in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Contributions to 401k from the company are great.
    Mostly autonomous atmosphere.

    Cons

    Technology used to support workplace participants is very antiquated.
    Base pay is less than optimal.
    Follow through from leadership to address serious concerns of workplace investors is not adequate.

    Advice to Management

    WISE needs a serious overhaul. Need more bodies on the phones and better technologies to support participants


  3. "It's a decent job."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at T. Rowe Price full-time (Less than a year)

    Pros

    Starting salary is $38k and you're bumped up to $40k after passing the Series 6 and Series 63. Other than that, you're paid time to study for your licenses.

    Cons

    Micromanaging; Office politics; favoritism; lousy amount of vacation days. The job itself is horrendous. You're basically a glorified call center rep.

    Advice to Management

    Promote the people who actually have skill and talent instead of the people who think they're better than everyone else.


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  5. "Excellent Firm / Very Satisfying Career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Executive leadership is top-notch, career paths in many disciplines, great associate development, outstanding firm reputation, industry leader, competitive compensation and benefits

    Cons

    historically slow to action, but that appears to be changing


  6. "Smart people, but overall headwinds vs. passive"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Baltimore, MD
    Current Employee - Analyst in Baltimore, MD
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    -Being in baltimore removes the high turnover, short-term focused mindset from investing. People here are long-term focused, engaged in your development.
    -Ability to do a investing job in a suburban geography that is more accomodative for families

    Cons

    -Baltimore may not be an attractive location if you are young and without a family.


  7. Helpful (1)

    "Poorly Staffed Glorified Call Center"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Participant Service Center (PSC) in Colorado Springs, CO
    Current Employee - Participant Service Center (PSC) in Colorado Springs, CO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at T. Rowe Price full-time (Less than a year)

    Pros

    Some decent benefits such a health insurance and 401K matching. Also has stock purchase program. You get your own cubical.

    Cons

    Constant overtime. Every Wednesday an email goes out with the amount of overtime scheduled for the following week. Out of the 14 weeks this year 14 of those weeks had mandatory overtime. I understand overtime is something to be expected but when a company has to preschedule overtime every week, there is either a staffing or management problem. You sit at a desk for 9-10 hours a day taking calls. Glorified call center. Team meetings were promised every week, yet each week they are cancelled. Coaching sessions, when not canceled just go over how you can be a better operator. Constant restructuring and changing of protocols with poor communication surrounding changes.


  8. Helpful (2)

    "Good Company, Healthcare, Work Place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Colorado Springs, CO
    Current Employee - Financial Services Representative in Colorado Springs, CO
    No opinion of CEO

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

    Pros

    Solid company, great healthcare, good location

    Cons

    Low matching on 401k for a company in the business of 401k record keeping.

    Advice to Management

    Be open and support all who want to seek growth and promotion - not just the chosen few.


  9. Helpful (1)

    "Ethical investment firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Baltimore, MD
    Current Employee - Anonymous Employee in Baltimore, MD
    Recommends
    Positive Outlook

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

    Pros

    Great team, strong ethical approach, collaborative culture

    Cons

    Not all managers are good at management and mentoring of strong associates. You need to be able to manage both up and down.

    Advice to Management

    Clearer opportunities for associates.


  10. Helpful (1)

    "Know What You Want To Do"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Specialist in Owings Mills, MD
    Current Employee - Client Service Specialist in Owings Mills, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at T. Rowe Price full-time (More than 3 years)

    Pros

    - Very Satisfactory Benefits
    - Great PTO
    - Good Facilities and Still Renovating
    - Wide amount of career opportunities

    Cons

    - Slight amount of cronyism
    - Pay is slightly above average
    - Technology behind the industry

    There are a few other cons I could list, but truthfully I have enjoyed my time at T. Rowe Price. The fact that many associates leave the firm and then come back is proof enough that while T. Rowe Price may not be the highest paying company, it does show appreciation for their employees and try as best they can to balance work/life.

    Advice to Management

    There's a couple things to mention to management, but some of them seem burnt out or tired. I don't even know if it's even worth giving advice, negative or positive.


  11. "associate"

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

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

    Pros

    conservative culture with great benefits

    Cons

    middle level leadership needs some improving. Associates need more accountability


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