T. Rowe Price reviews

3.6

65% would recommend to a friend

(1,937 total reviews)
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Robert W. Sharps

44% approve of CEO

41% positive business outlook

T. Rowe Price has an employee rating of 3.6 out of 5 stars, based on 1,937 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
2.0
Jul 12, 2013

More Cons than Pros

Recommend
CEO approval
Business Outlook

Pros

Great culture, great looking campus, good place for building a financial education foundation.

Cons

Where do I begin......is anyone really expected to believe a review written where everything is wonderful and the writer's only Cons are "location, heat, and traffic cops???" Really? I had friends in HR who would tell me that HR would go in and instead of reviewing the cons to see what they could fix they would put these bogus positive reviews. There's your first problem. Second, dont hold forums to ask associates and management what upper management can do to help improve the department just to appease them then not act on their ideas. Your associates are not idiots and know that is all you do. You guys think you're sneaky but you're not. Next, hire more people. You wonder why you have tons of OT in every department all of the time.......well its because the company is growing. When you have 1,000 plans in 2008 and now have over 1,400 plans in 2013 yet you have the same number of associates servicing that number of customers you're going to have tons of OT. Its basic business management. I understand that there are budgets you need to stick to but if you're client base is growing that rapidly you should be able to afford hiring more people, unless you promise these clients the world with custom plan features that the company cant follow through on making it hard on the associates who perform these functions and who have to work tons of OT to make these promises happen, yet get a 0.49% increase and $500 bonus. Finally the pay is horrible. Quit saying that the benefits are great and they offset the lower pay cause it doesnt. Benefits are mediocre, at best. Make the pay competitive and the bonuses and merit raises something to strive for. If you have everyone working well above the department average and they get their year end rating as a "Solid Performer" with a minimal raise and bonus dont wonder why they slow their production down the following year. If you worked your butt off and didnt get recognized for it wouldnt you work less???

4.0
Jul 7, 2013
Recommend
CEO approval
Business Outlook

Pros

Department dependent, work is very relaxed and moderately difficult. Working environment is also very satisfying. Benefits are great as well. most associates stick around and return for it.

Cons

Subject matter can sometimes be boring for software engineering. Pay is below average and most of the staff is in their mid 30's to there early 40's. If you love technology I would suggest a more technology focused organization. TRP is lagging in a lot of cutting edge tools and software. Although things have been changing drastically within the last two years or so. So dont allow that to ruin your perspective.

2.0
Aug 16, 2012
Recommend
CEO approval
Business Outlook

Pros

-Stability -Simplicity of work Great place to work while pursuing additional credentials (CFA, CFP, MBA/MS) -Pay for any licenses that are required for your role -99% of the associates are easy to get along with and are generally down to earth people -If you do your job there is the potential for a bonus at the associate level (3-8%) and you do have the opportunity to receive a salary increase at the beginning of every calendar year -This company does A LOT to help you save for your retirement, more than any other company I've ever worked for plus the stock purchase program is basically an additional 2%

Cons

Its a call center, never forget that. Regardless of the department or your position title including management. If volumes are projected to be high, you have to work overtime and no it is not optional. The company expects you to accommodate every one of their requests to be flexible, but don't even try to ask for the company to be flexible because its nothing short of a waste of breath. The company tries to fluff up how different departments operate but when it comes down to it, it is a service based company. Management is good for the most part, but its all one big game of perception. You may do next to nothing but if the higher-ups like you or think youre trying hard to improve they eat it up. It's a big game of who can get to Raymond James next in the sales and upper level Retirement sales departments and if you're not trying to get to Raymond James, you're probably sitting for the CFA/CFP or are going to grad school at night. Scheduling is a nightmare and they have a program that micro-manages associates up the minute. It tells you where you are suppose to be and reminds you 10 minutes before. If youre not where you're suppose to for more than 5 minutes, you get yelled at. I've never worked in a more depressing work atmosphere. No one is looking forward to doing their job, and this depressed vibe has spread across the site. The current manner in which employees are rates and bonuses determined is nothing short of a popularity contest.

Viewing 43 - 45 of 1,937 Reviews

Glassdoor has 2,258 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.