T. Rowe Price reviews

3.6

58% would recommend to a friend

(447 total reviews)
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Robert W. Sharps

40% approve of CEO

38% positive business outlook

Reviews by job title

447 reviews

Reviews about "Compensation"

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4.0
Jul 19, 2024
Recommend
CEO approval
Business Outlook

Pros

Hybrid remote flexibility Work-life balance Supportive management Good benefits Good culture, community involvement and corporate responsibility

Cons

Little to no onboarding or formal training Outside hires hired at higher pay scale and higher job title with same roles and expectations, being trained by those at lower pay scale doing the same job

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T. Rowe Price Response
1y
Thank you for sharing your feedback with us and for your 10 years of service to the firm. We highly value the institutional and industry knowledge current associates like you bring to the table. We are happy to hear you have enjoyed the firm’s culture, benefits, flexibility, and supportive management. We are disheartened to hear about perceived inequities between tenured associates and new hires. 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. We are also enhancing the support we offer to help associates take their careers to the next level. We are here to listen, learn, and support you as a current associate. To further discuss your compensation, please speak with your manager or contact MyHR at http://bit.ly/trpmyhr.
2.0
Jul 10, 2024
Recommend
CEO approval
Business Outlook

Pros

Strong Response to COVID-19: T. Rowe Price handled the pandemic admirably, ensuring job security and a smooth transition to remote work. • Excellent Benefits: The benefits package is comprehensive and one of the few highlights of working here.

Cons

Cons: • Inclusion and Microaggressions: Despite claims of fostering an inclusive environment, I have witnessed and experienced numerous instances of microaggressions. • Favoritism: Favoritism is rampant. Employees who put in less effort are often rewarded more than those who work diligently and with dedication. • Poor Management Practices: Managers sometimes set up employees for failure. I’ve seen employees having to train their own replacements who started as temps. • Ineffective Senior Leadership: Senior management lacks understanding of administrative roles. The senior manager is nice but incompetent, often relying heavily on admin staff and participating in or allowing workplace bullying. • Non-Competitive Pay: The compensation is below market rates, especially for senior administrative assistants who often support up to 30 managers. • Lack of Support: Managers frequently fail to provide necessary resources and are quick to shift blame onto support staff. • Difficult Work Environment: Many of the people we support as senior admins are entitled, selfish, rude, and have no issue shifting blame. The lack of managerial support exacerbates these challenges, making it particularly difficult to work here. • Outdated Equipment and Software: T. Rowe Price is like a dinosaur. Our equipment and software are old and dated, and the company needs to update to the times.

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T. Rowe Price Response
2y
Thank you for taking the time to share your experience. The environment you describe does not live up to our values as a firm. We are here to listen, learn, and support you as a current associate. If you’re willing to share more about your experience, please contact MyHR at http://bit.ly/trpmyhr.
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