T. Rowe Price 508 Reviews | Glassdoor

T. Rowe Price Reviews

Updated February 19, 2017
508 reviews

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508 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 a glorified call center representative and even though it is an inbound (in 25 reviews)

More Pros and Cons

  1. Helpful (1)

    "Discrimination or lack of diversity?"

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

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

    Pros

    - Great leave and 401k
    - Intramural sports
    - Access to Cafe with great food and cheap prices
    - Day shift or 12-9 shift option

    Cons

    -lack of diversity
    -decrimination
    -unexpected overtime
    -busy months can lead to being over worked
    -doesn't pay as high as other employers in the industry
    -high employee turnover

    Advice to Management

    -improve compensation
    -better leadership
    -more diversity in the organizational chart
    -Cross cultural communication training


  2. "Great Company"

    Star Star Star Star Star
    • 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

    Pros

    Good benefits and great opportunity for growth.

    Cons

    Lower base pay than competitors.


  3. "A company in transition"

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

    I worked at T. Rowe Price full-time (More than 3 years)

    Pros

    Great benefits, strong social contract with employees

    Cons

    Slow to make decisions, limited ability to take action

    Advice to Management

    empower managers to execute faster


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (1)

    "Opportunity is available but slow to advance"

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

    Pros

    - good benefits
    - nice facilities
    - established company with ethics and morals

    Cons

    - employees are blocked by many with long term tenure that don't want to change
    - keep doing what we always do is the norm
    - they need to change and have key initiates to do so but change is at a snail's pace
    - terrible work/life balance.

    Advice to Management

    Move faster and don't let seniority block high performers
    Give people a chance to have a life outside of the office


  6. Helpful (1)

    "Silos"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    No opinion of CEO

    Pros

    For many, good work life balance. There are opportunities to work from home. People are friendly to your face.

    Cons

    Beware of Silos. Very few roles have a clear path that goes more than from ___ to Senior ___. If treading water for you get started in the right place with a good manager, TRP is the best. For others, politics and management's inefficiency can have you treading water for years, not really getting anywhere.

    Advice to Management

    Offer more technical training that can be used in one's daily work. Your not using your human capital to its potential and are wasting a lot of resources on outdated methods and technologies.


  7. "Intern"

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

    Pros

    Great people
    Flat structure, lots of help/advice from managers
    Awesome campus

    Cons

    Barely meaningful work
    Did not help my skillset


  8. "Financial Service Representative"

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

    Pros

    401k, benefits are amazing, good work environment

    Cons

    Management seems like a cliché since they all started together.


  9. "Great Company"

    Star Star Star Star Star
    • 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

    Benefits are great as well as the corporate structure which allows for employees to be comfortable and give criticism that is actually listened to. There is always room for growth within the company.

    Cons

    Long starting work hours and learning of systems to associate yourself into the company.


  10. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Tampa, FL
    Former Employee - Associate in Tampa, FL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great - like really great - benefits, opportunity to make lateral moves within the company, although limited because of the scope of what the company actually does. Predictable hours in general, unless there is overtime. Easy 8-4:30 job.

    Cons

    Environment was too corporate for me. Work for many employees is so micro managed, directed and structured that it's hard to really learn anything applicable outside of your specific job duties. Constantly monitored, metrics compared against your peers. They focus on pure numbers rather than your value as an employee. Compensation LOW. No work from home, old systems.

    Advice to Management

    None really, it's a large company and they are running it by the book


  11. Helpful (6)

    "Slow-Moving Blue-Bloods Welcomed"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager
    Former Employee - Senior Project Manager
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Spacious, well kept buildings. Generally nice people, at least in day-to-day dealings. Focused on the client. Money is no object (upkeep, software, headcount, perks, etc.) Subsidized cafeteria on campus. Shuttle between buildings. Nice security folks.

    Cons

    Remember when dial-up AOL was *the* internet service provider--then they moved too slowly to adapt to cable and fiber? That's T. Rowe Price.. Stuck with an outmoded mindset that treasures tradition over agility, tenure over ingenuity, established ways over innovation. Hinterland suburban campus over vibrant downtown. Everything at TRP is SLOW, SLOW, SLOW. Forward-thinking renegades are kept in tiny silos; the tools and methods they use are not widely adopted. The rest of the corporate behemoth lumbers along, using office methods proven at the turn of the century, (when e-mail appeared to be a salvation). Telecommuting? Out. Social/collaboration software? Ignored. Continuous Improvement? What's that--why change? If you'd like to travel back in time to a kinder-gentler era, say 1994, T. Rowe Price will be about your speed. Fast forward to 2025--TD Ameritrade, Ally, Mint, and a host of digital-paced, asymmetrical investment competitors will have swallowed market share. TRP will be left with the aging fleet of Baby Boomer retirees, who are sucking funds out to move to Florida. Like AOL--"TRP, you've got mail!"

    Advice to Management

    Only a wholesale change in mindset at TRP will save the firm. Slow, plodding, and predictable was a fabulous corporate model in the 1900-2005 timeframe. World markets, and TRP's competition no longer move at paper, or e-mail speed. Events like BREXIT, or the discovery of the Leviathan gas field off Cyprus insert demands for firms to pivot, not just quickly, but immediately--to be able to collaborate in real-time across geographies instantly--not "quick, schedule a conference call" --too slow. Too 1994. While TRP is scheduling their call, the competition is trimming their sails, advising their clients, and reaping returns. The TRP call ends, folks have "action items" and "due dates" which sounds impressive until you note that other firms have already engaged their new strategy, cleared compliance hurdles, conferred with their investors, and reloaded for their next challenge. In the TRP Exchange directory, that tenure figure next to folks' name used to indicate 10, 20, maybe even 30 years of "goodness". Today, the best ideas are not suited to the SLOW corporate mindset of T. Rowe Price.



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