Barclays reviews

4.0

78% would recommend to a friend

(22,190 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 22,190 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
May 13, 2009
Recommend
CEO approval
Business Outlook

Pros

Good place to get started in finance for 2-3 years, by putting a decent firm on your resume. After that move to better things.

Cons

Practically non-existing growth opportunities; non-inspiring, weak managers; dishonest leadership team. Employees get stuck performing similar tasks for years with opportunity to be challenged other than being forced to take numerous financial certifications. Associate to Principal, and Principal to MD promotion often takes several years of kissing a**. Pay is not competitive, and the management tends to use the "carrot on the stick" as in "if you suck up early years, you will get paid a lot later".

2.0
Mar 23, 2009
Recommend
CEO approval
Business Outlook

Pros

Salaries are in line with industry standards, and benefits are good, though somewhat more expensive than plans at comparable employers.

Cons

non communicative management - they go through the motions, but not for important issues, such as outsourcing (200 people were outsourced to CGI, on the ides of March no less, and there are still no official announcements). Poor work/life balance, Rigid and unrealistic appraisal system.

4.0
Feb 10, 2009
Recommend
CEO approval
Business Outlook

Pros

It provides a job in investment banking, which is alot to say given the current economy. After working at Lehman Brothers, its a relief to have a job given the current economy. However, the firm is still having internal issues over reintegrating itself after the split from our European divisions. Currently the firm is trying to unofficially poach key talent from the overseas London office to re-establish a European platform. This is creating chaos within the division as we are now working without the support of some of the overseas platforms we previously had. Fortunately, our New York strategy seems to be more focused on building business within the United States then focusing on cross border transactions.

Cons

It is still having difficulties integrating itself with the Lehman Brothers culture. I think it is just a difficult time in Wall Street in general and there is now downside that is specific to Barclays in particular. These are issues that the entire industry is having to deal with, and given the fragile state of the markets and global economy, uncertainty is a one must deal with. The downsides would most definitely be low morale, lack of job security and stress due to a drop in deal flow. I think the culture will be vastly different within one year inside of the firm given the change of economic conditions.

Viewing 244 - 246 of 22,190 Reviews

Glassdoor has 24,877 Barclays reviews submitted anonymously by Barclays employees. Read employee reviews and ratings on Glassdoor to decide if Barclays is right for you.