Barclays reviews

4.0

78% would recommend to a friend

(22,196 total reviews)
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C.S. Venkatakrishnan

85% approve of CEO

72% positive business outlook

Barclays has an employee rating of 4.0 out of 5 stars, based on 22,196 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Barclays employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

22K reviews
2.0
Mar 4, 2011

No growth opportunities

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Conveniently located near New York city - Opportunities for international travel (if you are lucky) - Good work life balance - Some teams/managers are good to work with

Cons

- No clear path for career advancement and growth - Management doesn't care for employee development and training - Some managers are good number crunchers, but extremely immature when it comes to people management - Out of the box thinking is extremely limited - Back-office feel, bit disconnected from day-to-day business action overseas - Performance evaluation process is not very transparent, and big time faviouratism exists. Brown nosing is your biggest asset, team players are not recognized. - Extremely vertical management structure, where senior management is not very approachable

2.0
Mar 2, 2011
Recommend
CEO approval
Business Outlook

Pros

- Strong brand name - Lots of diversity event and believable diversity programms - friendly colleagues - lots of "learn from leadership" events - good office location

Cons

- no empowerment to staff in Asia, London centric and really not a global mindset - low morale, high attrition - very bureaucratic - brand name is going down in Singapore - tiny bonus, tiny increments - crazy outsourcing programms - too fast, not controlled educated decisions

2.0
Mar 2, 2011
Recommend
CEO approval
Business Outlook

Pros

The work is generally challenging, and management tends to be very hands off- no one will be breathing down your neck. There is an energy in the air that the firm wants to be aggressive and push to be the #1 IB, and while I have heard that stuff spouted at other large firms, they are really trying. The benefits and offices are nice, and if you are on the ex-Lehman side it used to be really easy to get promoted, though I can bet that will change as the Barclays side has complained tremendously about this. This may sound trivial, but at 745, but good nearby food options were abundant, and even the cafeteria was great. The size of the organization is still manageable, there is significantly less BS in the way to get things done than at other large banks I have been at.

Cons

Lower level and mid level management needs training. Very political environment which can be toxic- network and get in good (kiss ass) with your manager or you WILL be kicked to the curb. The turnover over the last year has been insane. Hire a bunch of people, fire a bunch of people, start all over again. I have seen entire groups gutted, then filled with new hires who now have no idea how anything works. The layoffs seem to be way more politically motivated than performance motivated, but at this point its hard to say they are even political anymore- it seems arbitrary. Comp this year was laughable- bonuses hardly exist anymore. Some people got nice raises to compensate, but many did not. Times Square is just plain annoying to get to or get around in.

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