T. Rowe Price Reviews | Glassdoor

T. Rowe Price Reviews

Updated July 20, 2017
547 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 28 reviews)

More Pros and Cons

  1. Helpful (1)

    "Don't Get Stuck"

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

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

    Pros

    Great benefits, although health benefits continue to increase.

    Cons

    Yearly salary increases for the last 8 years have been less than 2% with most right at 1%. Solid performing employee.


  2. Helpful (4)

    "Good People, Bad Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Services Client Manager in Colorado Springs, CO
    Former Employee - Personal Services Client Manager in Colorado Springs, CO
    Doesn't Recommend

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

    Pros

    Salary is just good enough to make you stay, benefits are pretty great as well. This ends up being more of a trap in the end, however, when you begin to realize that you don't want to work there anymore.

    Cons

    The company does a great job of hiring good managers, then handcuff those managers by making them breathe down your neck every second of every day. There are a few roles within the company that allow autonomy, but not many. Additionally, the company forces the managers to support the client over the associate, which is a bad business practice. It is a relatively frequent occurrence that you will get into an escalated situation with a client based on company policy, and you inform them there is nothing you can do. Then, they ask to speak to your manager, and the manager immediately acquiesces, making you look like a stooge, and creating the habit within the client that they can only trust management, and can get whatever they want from them.

    Advice to Management

    Focus on hiring people that you trust, and allow them to be autonomous. Back them up once they are on the call floor. An associate is not a number. Your associates are the reason your company runs. You pride yourself on good customer service, which requires good customer servants. If you don't treat your employees well, they won't care to be held to your standards.

  3. Helpful (2)

    "Good Company, Healthcare, Work Place"

    StarStarStarStarStar
    • 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.


  4. "Sr. Security Systems Developer"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    T. Rowe Price has terrific benefits and has a very good working environment.

    Cons

    Depending on location, some rate higher than others. The Owings Mills campus is a fantastic place to work.


  5. "Great Company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Great benefits are offered at T Rowe Price. Great people as well. Good retirement plan matching and discretionary contribution.

    Cons

    Not best salary is offered. Promotions are difficult if networking ability not the best. Alot of bureaucratic policies.


  6. Helpful (1)

    "Ethical investment firm"

    StarStarStarStarStar
    • 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.


  7. "client services"

    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

    it is a good company

    Cons

    it is a low paying job

  8. "Nice company"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Nice colleagues to work with

    Cons

    Bad city to have a life


  9. "TRP Review"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

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

    Pros

    A very progressive company, interested in its employees' continued growth, learning and promotional opportunities.

    Cons

    Constant change and upgrading of products & systems is good, but sometimes can be lacking in the communication and implementation.


  10. Helpful (1)

    "Know What You Want To Do"

    StarStarStarStarStar
    • 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.


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