Barings reviews

3.6

60% would recommend to a friend

(347 total reviews)
avatar

Michael Freno

71% approve of CEO

44% positive business outlook

Barings has an employee rating of 3.6 out of 5 stars, based on 347 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Barings 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

347 reviews
1.0
Oct 9, 2021

Survival tips

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This is going to be very team specific, but my team was great to work with. Some of the other groups we worked with were bad, but I was lucky that for the last 3-4 years, I worked with great teammates.

Cons

Way behind the times in terms of technology and leadership and talent. Because they have a certain type of people they want to hire. Someone who looks like them, thinks like them, acts like them. If you have an idea or if you have something that goes against the conventional wisdom, you will be marked and your career will end. So just drink the kool aid and do as you are told. Don’t question the judgment of senior leadership, don't rock the boat and just pretend this place is world class. Politics to no end. Know that you will need to kiss the rings of the right people. Failure to do so will mark you and your career will end. Just kiss any and all rings that come your way. Don’t come up with a better way to do things because it will prove that those before you were inept or were not able to do what you proposed. This will upset the wrong people and they will mark you and your career will end. Keep saying that the way things are done are better than they are done anywhere else, and you will be fine. Don’t tell them this is how you did it at your previous world class employer. Because it will also imply that you think your former employer is better than them. They have fragile egos and they will mark you and your career will end. Tell them that you are amazed at how cutting edge this place is and you will survive. In most places, differences of opinions are encouraged so that you can get a diversity of thought and ideas. Not here. Disagreeing with the wrong people will mark you and your career will end. If they say the sun rises in the West, you shut your mouth, smile, nod your head and go on with your day. D&I issues are solved by hiring a D&I officer. Thinking is that this absolves senior leadership from their responsibilities. In reality, the place is an old white boys club. All of the chief decision makers are white men. The people who have been around the longest and survived the numerous rounds of layoffs are white men. All the senior portfolio managers are, you guessed it, white men. If you are a person of color, RUN FAR AWAY. If you get an interview and get hired, this is a big if because chances are the people interviewing you will be white men who will not want to hire you. But assume you get interviewed and hired, you will NEVER progress in this company. You will never be given the responsibility that you earn because,well it's an old boys club. Look at their senior leadership - 95% are white and 90% are white men. Don’t take my word for it, count it yourself. Southern white man club is the rule.

1.0
Oct 18, 2021

Horrific Culture

Recommend
CEO approval
Business Outlook

Pros

Nice office with a decent location

Cons

Culture is very bad here, especially in IT. As many others have said, you move up the ranks via politics, not through proficiency, if you move up at all. You can play the politics game and be an incredible developer, and be given more work. You’ll get a promotion, with a paltry (or no) raise, and double the work. Management is not trustworthy at all. They will lie to you, they might even lie in the interview. They wrote you a promise? Oops, it fell through. Career advancement? Forget it. Training? You can take all of the classes you want, but Dunning-Kruger will prevail. Experience? You need to do it “the Barings way”. The Barings way is going to be the worst, most convoluted, manual, and error prone way you can do something. Enjoy. You found an improvement? “You’re going to do 24-hour support on it because no one else knows what to do”. Yes, I’m serious. I was placed on a project that, in my manager’s own words, I was “going to hate”. And there was no plan to improve the project, despite people working 80+ hours a week! I think that was the only honest feedback I received, because boy were they right. All other promises of career advancement and projects magically fell through. At one point, I was told if I wanted to do other work, I could work on side projects outside of work. If I had an improvement to a workflow or any innovation, that was exclusively to be done outside of work. Prepare to be condescended, threatened, and bullied by these people. You can let HR know, and you will hear nothing back. That’s the best you can hope for. If something does happen, it won’t be in your favor, and it will probably make the situation way worse. Feedback is a minefield. I’ve never wound up walking on eggshells so much in my life. So, as one other reviewer put in his/her survival tips, do not give feedback. Do not rock the boat. In fact, the survival tips review is perfect. Work life balance depends on the project you’re on and the manager you have. In my experience, this has been a mixed bag. I’ve had great balance, and 80 hour weeks, depending on where I was and who I was under. TL;DR: Do not join this company. It is not worth it. Read the other reviews and stay far away.

1.0
Dec 11, 2021
Recommend
CEO approval
Business Outlook

Pros

If you like a place that does not like change and is stuck in the past, you will love it here.

Cons

There was a review that gave some survival tips that was dead on. I want to add two more especially if you are in the GTO org. 1. Use a lot of buzzwords. Throw words like platform, digitize, unit costing, data driven and you will impress people. Does not matter if it applies to the situation or not. Just parrot what senior leaders are saying and repeat and you will be fine. 2. The GTO org is a backwater afterthought. PMs expect miracles from you while GTO leadership cares more about theoretical not practical approaches. To survive here just agree and add to the theoretical to make yourself sound smarter. Say things like “our digitized platform will solve our client pain points by integrating disparate workflows and will be AI enabled and data driven”. Don’t worry about what this means. You will sound like a genius and will survive.

Viewing 1 - 3 of 347 Reviews

Glassdoor has 414 Barings reviews submitted anonymously by Barings employees. Read employee reviews and ratings on Glassdoor to decide if Barings is right for you.