Barclays reviews

4.0

78% would recommend to a friend

(22,182 total reviews)
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C.S. Venkatakrishnan

85% approve of CEO

71% positive business outlook

Barclays has an employee rating of 4.0 out of 5 stars, based on 22,182 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Barclays 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

22K reviews
1.0
Jul 15, 2011
Recommend
CEO approval
Business Outlook

Pros

Nice offices Smart People Some great middle managers Reasonable benefits Reasonable work-life balance There is a process for everything and anything

Cons

No culture No strategy Old technology Pay is less than competitors Senior management changes too frequently Outsourcing to India has been a disaster

2.0
Mar 2, 2011
Recommend
CEO approval
Business Outlook

Pros

The work is generally challenging, and management tends to be very hands off- no one will be breathing down your neck. There is an energy in the air that the firm wants to be aggressive and push to be the #1 IB, and while I have heard that stuff spouted at other large firms, they are really trying. The benefits and offices are nice, and if you are on the ex-Lehman side it used to be really easy to get promoted, though I can bet that will change as the Barclays side has complained tremendously about this. This may sound trivial, but at 745, but good nearby food options were abundant, and even the cafeteria was great. The size of the organization is still manageable, there is significantly less BS in the way to get things done than at other large banks I have been at.

Cons

Lower level and mid level management needs training. Very political environment which can be toxic- network and get in good (kiss ass) with your manager or you WILL be kicked to the curb. The turnover over the last year has been insane. Hire a bunch of people, fire a bunch of people, start all over again. I have seen entire groups gutted, then filled with new hires who now have no idea how anything works. The layoffs seem to be way more politically motivated than performance motivated, but at this point its hard to say they are even political anymore- it seems arbitrary. Comp this year was laughable- bonuses hardly exist anymore. Some people got nice raises to compensate, but many did not. Times Square is just plain annoying to get to or get around in.

1.0
Feb 10, 2011
Recommend
CEO approval
Business Outlook

Pros

Strong name on the street. Good coffee at pantry- green mountain. Good location if you live in Westchester or Connecticut.

Cons

Management tries to trick you all the time. Beware of your pay structure. They can cut your salaries without saying it. READ YOUR OFFER LETTER. Whatever they did not PROMISE will not happen. Seriously. Also beware you need really long notice period before departure.... My own experience... All managers are trying to protect themselves ONLY. If you want to work at this bank, always have an offer on hand for backup.

Viewing 235 - 237 of 22,182 Reviews

Glassdoor has 24,868 Barclays reviews submitted anonymously by Barclays employees. Read employee reviews and ratings on Glassdoor to decide if Barclays is right for you.