T. Rowe Price reviews

3.6

58% would recommend to a friend

(446 total reviews)
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Robert W. Sharps

40% approve of CEO

38% positive business outlook

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446 reviews

Reviews about "Compensation"

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5.0
Aug 3, 2020

T Rowe Nice

Recommend
CEO approval
Business Outlook

Pros

T Rowe Price cares about their employees' well-being and has a great culture earning the nickname "T Rowe Nice." The benefits package of the job are decent with large contributions to 401k

Cons

Lower salary than some other companies in the industry, however, the benefits (I.E. healthcare, 401k, etc.) boost the total compensation on the back end. Also, the structure and organization is constantly changing which can lead to peaks and valleys of chaos/confusion.

5.0
Jul 20, 2020

One-of-a-kind culture

Recommend
CEO approval
Business Outlook

Pros

The real story here is culture - investments can be full of big egos inflated further by their bonuses, but T. Rowe Price really treats investing as a profession. "T. Rowe Nice" is a real thing, and can make working hours enjoyable. There's a real open-door policy and lots of thoughtful and lively debate throughout the company.

Cons

Technology is something all companies are grappling with, and the firm has a lot of work to do here -- it can be frustrating navigating archaic systems or trying to find internal data. Workers need to be 'entrepreneurial' to do thing systems can't handle. Downside of a collaborative culture is very slow decision-making. Relationship-building is often important to progression, and can make advancement seem political.

1.0
May 26, 2020
Recommend
CEO approval
Business Outlook

Pros

On Site Gym Cafeteria is nice 401k Match (Altough it's a five year vesting schedule, you won't make it five years so you get a percentage of the match which makes in no better than anywhere else) Coworkers are all in the same boat as you and I liked everyone I worked with. Low-level management is nice in my experience, however there are some bad apples.

Cons

Shortlist: Salary worst in the industry This position is the lowest on the totem pole, the positions above it are the same job with slightly better pay. Overtime. Everyday. If you use any PTO that week overtime is 1.0x pay not 1.5x. It is back-to-back phone calls. Two 15 minute breaks and a 30 minute lunch. Usually you work 9-10 hour days on top of that. Expect 60-80 calls a day, you could hit 100 if you didn't blow your brains out first. Decent amount of PTO but they changed how you can use it, so it has to be scheduled way in advance. Very old technology, makes your job harder and angers clients. Advancement takes forever, if you even get the opportunity. I'm very disappointed in myself for working here. The company is very unethical and is a waste of your career. The licenses you receive are irrelevant to the industry and are used for retention. This job is on the 401k side. You will not be able to speak to the same person again, take any clients with you, or gain any licenses relevant to the industry (you can get the Seires 7 if you're there long enough, but not worth the wait and they SEVERLY under pay you for it). IF you must work here work for the IRA side (personal investing) however Charles Schwab, Fidelity, Edward Jones, and LPL all have WAY better programs.

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