T. Rowe Price reviews

3.6

58% would recommend to a friend

(445 total reviews)
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Robert W. Sharps

40% approve of CEO

38% positive business outlook

Reviews by job title

445 reviews

Reviews about "Compensation"

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5.0
Jan 31, 2024
Recommend
CEO approval
Business Outlook

Pros

- Highly professional atmosphere. Working with some of the smartest people I have met. They emphasize a collaborative culture and being inclusive of other peoples' viewpoints. Contrary opinions are welcomed. - Ethics are high, and the focus on the client is evident. - I've had stellar managers who took an interest in my career, interests, and aspirations. - Strong focus on internal talent. Have met many people who have worked here their entire careers. There's a lot of ability to move between divisions and departments, which is encouraged. - College-like campus in Owings Mills with excellent amenities. - Benefits are expansive, and retirement plan are top-notch.

Cons

- Company performance is largely tied to the investment performance, impacting everyone's bonuses. - Austerity measures in recent years: two rounds of layoffs, office consolidation, and budget cutbacks have impacted morale. - Highly regulated environment can present challenges. - Hybrid model requires three days a week in the office. Adopting an open office model without assigned workstations.

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T. Rowe Price Response
2y
Thank you for sharing your feedback with us. We are thrilled that your experience reflects the values we hold dear as a firm. Our goal is to support the career paths of associates like you with opportunities, resources, training, competitive benefits, and balance. Your feedback will be shared internally to help us improve the associate experience.
5.0
Jan 31, 2024
Recommend
CEO approval
Business Outlook

Pros

You could tell they really care about their employees. Beautiful campus and great work environment.

Cons

When moving up in the company, salary doesn't increase as much as it should. Also, they expect you to join specialized teams and handle complex things without any incentives to do so.

1.0
Jan 25, 2024
Recommend
CEO approval
Business Outlook

Pros

The pay seemed good at the time. Basic benefits and 401k, office environment

Cons

They work you insanely hard and are constantly watching the clock to make sure you keep churning out calls, You are expected to be through security and logged on to your computer to take calls before you shifts starts, they call any downtime "time theft". The call center has grown increasingly understaffed leading to longer hold times and angrier customers, who take longer to get off the phone because of their anger, thus perpetuating the cycle. Team leads will pick favorites, my old team lead made a point to skip over my team member development meetings entirely but bent over backwards for others. I made it known I was unhappy in the call center for a long time, but still stuck it out for the required year before trying to move to a department I would be better suited for. Not only was I never given the lateral transfer I repeatedly requested, but one of my teammates was given this transfer before his year wait had expired. My wife worked in another department, she worked hard and was very good at what she did. It led only to them giving her increased work loads and more complex problems with zero pay increase. Her department was required to work Sundays, as well as work late on weekdays ("until the work's done", but work was never done). My department consistently had 10 hours of OT a week, thankfully paid OT, but that just meant more time being screamed at by irate plan participants. My wife tried to take time off to visit her friend in another state whos mother was dying of cancer, TRP repeatedly refused her time off requests AND refused to let her work remotely. All of the work in both departments could be done remotely, yet the company refused to allow WFH until the midst of the pandemic, and even then used incredibly out of date methods (working on my own home machine to remotely connect to my desktop computer at the office!) and constantly spoke of getting everyone back to the office. Like many other corporations, TRP will talk a big game of family and work life balance and how their "mission" justifies their existence, and then they will abuse their employees until they leave before their employer 401k contributions are vested. Stay away, it is absolutely not worth it.

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T. Rowe Price Response
2y
Thank you for sharing your feedback with us. We believe in doing the right thing for our clients and our people. The experience you describe does not live up to our values as a firm. We value all associate feedback and want to learn more about your experience. If you did not have the opportunity to participate in an exit interview, we invite you to email glassdoor@troweprice.com to set up time to share your feedback with HR. Your feedback will be shared internally to help us improve the associate experience. 
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