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      T. Rowe Price

      Engaged Employer

      T. Rowe Price reviews

      3.6

      65% would recommend to a friend

      (1,941 total reviews)
      avatar

      Robert W. Sharps

      44% approve of CEO

      41% positive business outlook

      Ratings by demographic groups

      T. Rowe Price has an employee rating of 3.6 out of 5 stars, based on 1,941 company reviews on Glassdoor which indicates that most employees have a good working experience there. The T. Rowe Price 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

      2K reviews
      3.0
      Aug 5, 2013

      Things have changed

      Cps associate
      Recommend
      CEO approval
      Business Outlook

      Pros

      Top rated mutual funds, opportunity to learn and be connected to the market and broaden your financial knowledge, strong customer focus, pretty good company benefits, great campus and opportunity to get involved in activities if i you want to.

      Cons

      Pay is low, staffing seems to be very tight and is constantly supplemented with associate OT, causing all of us to work more and more as spots are left open longer and longer and or just not filled. Impact to ability to have appropriate work life balance. Less and less development due to this tighter staffing model, as we have to be processing or on the phone. Supervisors and GMs are younger and younger and have less and less experience. Appears to be a shift in what they are looking for or possibly why some are leaving certain areas at a rapid pace. We are losing a lot of talented associates and leaders and backfilling with those with little experience leading. Less experience does not prepare them for what is needed in these roles and the challenges that are presented with an unstaffed work force and changing demands of increased customer expectations. Often, being in a supervisor role for 2 years has not prepared them to support supervisors for difficult customer situations we are seeing and escalating. Historically, I would see supervisors with more years of experience and who had worked in various groups move into these roles. Now, people are being promoted after 1-2 years and it is showing to us associates, as they cannot support us, or their broader leadership team. GMs are not holding supervisors accountable for associate development or engagement. Not sure what they are doing most of the time...

      4.0
      Jun 12, 2013

      Solid Entry or Mid Level Career

      Retail associate and client manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      Benefits are very nice (Insurance, Base 401k and match, year end bonus). Salary is mediocre, but benefits help bring closer to competition. There are a lot of people that work there, so it's easy to find "work friends" to make the days/weeks more tolerable. Lots of group outings. They try their best to provide additional incentives, though they tend to be lackluster (Recognition program, random free lunches, raffles) in the form of gift cards, and they are taxed which is understandable yet tacky. RIS (entry level) was pretty bad, but as long as you aren't an idiot you can get promoted pretty quickly, especially recently. PSG is more skill intensive, challenging, and satisfying. PSG also has a much more appropriate salary (though a parrot could be an average RIS associate, so it's understandable). Campus is great, parking is amazing, and commute isn't bad. There are plenty of restaurants in the area and the commute isn't terrible. Training program was great, continuing education is decent. Every once in awhile they have interesting road shows where important people (CEO, Portfolio Managers, etc) present. Overall I would recommend the job, especially for somebody moving into the area or just graduating college and need something solid to put on your resume. Don't expect to get anywhere substantial for at least 2 years unless you graduated from an Ivy League school. There are double MBAs with CFAs working for 50 grand. It's also not required that you have a business degree to get hired into RIS or PSC, and once you're in the company, degree doesn't matter at all.

      Cons

      There are very limited opportunities from RIS, one of the better would be PSG. It is very hard to get promoted from PSG to somewhere worthwhile, even if you are a "superstar." RIS management micromanages and has a very corporate mentality; there is very little opportunity for productive thought. Management tends to be former RIS representatives that have been in the job for a long time and weren't good enough to get better jobs, so settled for management. They also tend to get big heads about how important they actually are. Days get very monotonous and bad clients can easily ruin days. It can be very stressful when clients have unrealistic goals or expectations. Management is also very cut and dry, so logical exceptions to policy are rarely made. Recognition is given on a quarterly basis, but rarely recognizes appropriate employees. The winners of Associate of the Quarter, et al tend to be representatives that management like rather than those that consistently maintain high standards. I've also heard that management tends not to give a representative an award more than once, though I think that is counter intuitive. They have ridiculous rules for promotion. You could be the best and smartest person on the floor, but still have to go through the normal promotion (1 year in your current role, rarely get out of RDS without putting in at least 2 years in various departments).

      3.0
      Jun 11, 2013

      Rollercoaster

      Retail account management
      Recommend
      CEO approval
      Business Outlook

      Pros

      Beautiful campus, almost looks like a college campus, well known company, opportunity to meet lots of friends

      Cons

      Pace of work is extremely busy/nonstop, supervisors and managers look exhausted and hardly have energy to coach, leaving critical spots open for extended periods of time has become the norm without consideration of downstream impact, overall disengagement by leadership as a result

      Viewing 301 - 303 of 1,941 Reviews
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      ReviewsT. Rowe Price reviews

      Glassdoor has 2,263 T. Rowe Price reviews submitted anonymously by T. Rowe Price employees. Read employee reviews and ratings on Glassdoor to decide if T. Rowe Price is right for you.