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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1.0
Jan 25, 2024
Recommend
CEO approval
Business Outlook

Pros

The pay seemed good at the time. Basic benefits and 401k, office environment

Cons

They work you insanely hard and are constantly watching the clock to make sure you keep churning out calls, You are expected to be through security and logged on to your computer to take calls before you shifts starts, they call any downtime "time theft". The call center has grown increasingly understaffed leading to longer hold times and angrier customers, who take longer to get off the phone because of their anger, thus perpetuating the cycle. Team leads will pick favorites, my old team lead made a point to skip over my team member development meetings entirely but bent over backwards for others. I made it known I was unhappy in the call center for a long time, but still stuck it out for the required year before trying to move to a department I would be better suited for. Not only was I never given the lateral transfer I repeatedly requested, but one of my teammates was given this transfer before his year wait had expired. My wife worked in another department, she worked hard and was very good at what she did. It led only to them giving her increased work loads and more complex problems with zero pay increase. Her department was required to work Sundays, as well as work late on weekdays ("until the work's done", but work was never done). My department consistently had 10 hours of OT a week, thankfully paid OT, but that just meant more time being screamed at by irate plan participants. My wife tried to take time off to visit her friend in another state whos mother was dying of cancer, TRP repeatedly refused her time off requests AND refused to let her work remotely. All of the work in both departments could be done remotely, yet the company refused to allow WFH until the midst of the pandemic, and even then used incredibly out of date methods (working on my own home machine to remotely connect to my desktop computer at the office!) and constantly spoke of getting everyone back to the office. Like many other corporations, TRP will talk a big game of family and work life balance and how their "mission" justifies their existence, and then they will abuse their employees until they leave before their employer 401k contributions are vested. Stay away, it is absolutely not worth it.

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T. Rowe Price Response
2y
Thank you for sharing your feedback with us. We believe in doing the right thing for our clients and our people. The experience you describe does not live up to our values as a firm. We value all associate feedback and want to learn more about your experience. If you did not have the opportunity to participate in an exit interview, we invite you to email glassdoor@troweprice.com to set up time to share your feedback with HR. Your feedback will be shared internally to help us improve the associate experience. 
5.0
Jan 18, 2024
Recommend
CEO approval
Business Outlook

Pros

- Management who cares - Career progression - Benefits - Work life balance - Fair compensation

Cons

- Internal promotions get paid less than external hires with similar experience - Puts too much value on years of experience vs value employee brings when it comes to pay raises

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T. Rowe Price Response
2y
Thank you for your 5-star review! We see that you indicated you have more than 5 years of experience at the firm. Thank you for the important work you do to help our clients achieve their financial goals and your dedication to the firm. We are pleased to hear you have had a positive experience with career progression, benefits, and work-life balance. Our goal is to support the career paths of associates like you with opportunities, resources, training, competitive benefits, and balance.  Our philosophy is to provide associates with financial compensation, benefits, recognition, and other programs to enable you 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. To further discuss your compensation, please speak with your manager or contact MyHR at http://bit.ly/trpmyhr.  Your feedback will also be shared internally to help us improve the associate experience. 
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