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
4.0
Mar 25, 2022
Recommend
CEO approval
Business Outlook

Pros

TRP matches a % of what you contribute to your 401k. Healthcare is Aetna, which is ok for me. I don't have a family on my plan, so I can't speak to the family plans and how well it works out for others.

Cons

Pay is not keeping up with SOL and inflation, but we should be happy with what we get. If you need time off, some groups are more flexible than others in allowing it, even if you've got a lot to take. There is little appreciation shown to most, unless you're a C-level manager. Work/Life balance varies across departments and despite rising costs of childcare, after being home for the last two years, everyone has been required (unless you're not vaxxed) to come back to the office 2-3 days a week. There is no consideration for those who want to remain working from home full-time, even though work has carried on just fine the last two years with everyone doing that. We are told folks WANT to come back, and if that's even true - all are being forced to do so. It's been a rough couple months and morale is low.

2.0
Sep 2, 2021

Meh

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits stretch pretty wide and if you are willing to look for them, definitely help in the long run. Flexibility during Covid helped reshaped the mentality that physical office presence was needed, but is a work in progress and not fully fleshed out Stock plan, generous 401k

Cons

A pretty big disparity between those at the top and those at the bottom. This extends across all levels: pay, benefits, support, and opportunity for advancement. Those at the bottom seem to be held to a different standard which includes heavy micromanagement and overwork. You can guarantee if you’re too slow you’ll hear about it, however management/leaders are not held accountable when they take months to implement a small change or address an issue. Metrics drive everything to an infuriating degree to where that’s all I felt I was good for, killing my want to stay with the firm

4.0
Jul 18, 2021

Healthy work environment with great benefits

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Software engineers are trusted, not micromanaged. Continuous improvement tends to be valued. Software quality tends to be valued. Opportunities to learn. Variety of programming languages. Salary is competitive and annual increases are reasonable. Salary levels and bonus ranges are somewhat transparent (translucent?). Annual bonus, 401(k), and stock-purchase program are amazing to the extent that they make it hard to leave. Employees can send each other gift cards via AppreciateHub. Overall the company is quite generous. Smart and helpful coworkers. The people are “T. Rowe Nice” with a few exceptions. Reasonable managers that tend to care. Tech aptitude is steadily increasing. Cloud-first. Building up nice developer tooling. Learning on the job. Gave up on SAFe. A lot of communication to employees. Started hiring more entry-level lately. Company’s financial products perform quite well. Decent extracurricular activities.

Cons

Variety of programming languages includes some that need to go away. Too much effort and time spent in certain internally built tools. Some bad software consulting decisions. Too much reliance on contractors (with lower technical standards), and pressure to convert them when max contact time reached, as some teams rely too much on them. Have to go back to the office 3d/w as business wants tech to be in the office. Doesn’t matter that many teams are split across geographic locations. Year-end reviews start in July and suck up a lot of time. Overreliance on metrics and incentives. Instead of doing what’s best for the company at times we worry about visibility of individuals for the sake of reviews and promotions. A lot of legacy code and low-performing teams from before we improved our hiring process. Security restrictions, some of which are reasonable but some which seem like a lack of trust, hinder development. “Open Q&A” sessions are highly moderated and many reasonable but hard questions don’t make it past moderation to be voted on. Too many balls in the air. Seems like the business could be more innovative and take more risks. With restricted flexibility it seems that those approved for WFH might be seen as less committed. The company taking sides in political issues is getting concerning. It feels like people of certain religious or political persuasions are not welcome in management positions. It’s possible to move teams but we can do it more and better. Hard to move up (and yet, too hierarchical). A lot of employee surveys, but hard to tell if leadership listens or takes action based on them. Too often employees leave the company, whom I have worked with or known but from other teams, and I don’t know until long after they’re gone.

Viewing 88 - 90 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.