T. Rowe Price reviews

3.6

65% would recommend to a friend

(1,940 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 1,940 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
Apr 4, 2024
Recommend
CEO approval
Business Outlook

Pros

Collegial enough place to work. Some really nice people.

Cons

Top-heavy pay structure. While the most any employee is eligible to receive in base salary is $350,000/year, upper VP+-level employees receive bonuses far exceeding the 'average' employee's year-end bonus, as a percentage of compensation. Also, some VP+-level employees are eligible to receive stock compensation and other executive compensation, which further increases their salaries. (For example, search "t. rowe price" "rob sharps" and salary on Google.) Additionally, poor performance in 2022 and 2023 forced at least 2 mass layoffs.

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T. Rowe Price Response
2y
Thank you for sharing your feedback with us. Our philosophy is to provide associates with financial compensation, benefits, recognition, and other programs to enable associates to make an impact, develop, and have a sense of financial security and protection. We strive to ensure that all of our associates are compensated fairly and equitably at the time they join and throughout their careers at the firm. An associate’s base pay reflects their job scope, qualifications, impact on the company, performance over time, as well as internal and external equity. We offer bonuses to drive achievement of individual and organizational goals. The amount of funding available for annual bonuses is based on the company’s overall performance. In any given year, an associate’s bonus target may fluctuate based on firm and business unit performance. The actual bonus payout an individual may receive is a function of organizational, business unit, and individual performance for that calendar year.
5.0
Apr 2, 2024
Recommend
CEO approval
Business Outlook

Pros

Good pay Amazing 401k Culture

Cons

Nothing to say. Love it here

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T. Rowe Price Response
2y
Thank you for your 5-star review! We are pleased to hear you've enjoyed the compensation, benefits, and culture at the company. Thank you for the important work you do to help our clients achieve their financial goals and your dedication to the firm.
3.0
Apr 2, 2024

Some good, some bad

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

401(k) match and health benefits

Cons

Slow to innovate Questionable growth strategy Poor leadership Limited growth opportunities

Viewing 286 - 288 of 1,940 Reviews

Glassdoor has 2,262 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.