T. Rowe Price reviews

3.6

65% would recommend to a friend

(1,942 total reviews)
avatar

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 1,942 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
1.0
Jul 24, 2013

Couldn't leave fast enough

Recommend
CEO approval
Business Outlook

Pros

Co-workers, You learn a lot about personal finance

Cons

Working in a call center is hard no matter where you are but the environment that this company has created has contributed to more than 20% of the Sales department leaving in the last 6 months. You are over worked and under valued. The micro management is so extreme I've heard someone coached to sit up straighter. You clock in and clock out and every single minute of your day is monitored. There is NO work/life balance. You will have to work weekends and don't even think about getting time off unless you ask 2/3 months in advance. I worked there through 3 holiday seasons and never once got off Christmas Eve or Black Friday off through their "lottery" system. Middle management is rampant with some of the most incompetent people I've met in the industry and like stated in previous posts is very political. Bonus' are not competitive and don't expect a pay increase of more than 2%. There is very little opportunity for advancement outside of a call center position if that is where you started. It doesn't help that they just closed almost all of their branches. Overall I would not recommend staying at this company for my longer than a year.

5.0
Jul 15, 2013

Investment Counselor

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great co-workers, great mutual funds, great company culture & great benefits!!!!

Cons

Not a lot of opportunity to advance in positions other than management or on the phone. Pay is not great.

2.0
Jul 12, 2013

More Cons than Pros

Recommend
CEO approval
Business Outlook

Pros

Great culture, great looking campus, good place for building a financial education foundation.

Cons

Where do I begin......is anyone really expected to believe a review written where everything is wonderful and the writer's only Cons are "location, heat, and traffic cops???" Really? I had friends in HR who would tell me that HR would go in and instead of reviewing the cons to see what they could fix they would put these bogus positive reviews. There's your first problem. Second, dont hold forums to ask associates and management what upper management can do to help improve the department just to appease them then not act on their ideas. Your associates are not idiots and know that is all you do. You guys think you're sneaky but you're not. Next, hire more people. You wonder why you have tons of OT in every department all of the time.......well its because the company is growing. When you have 1,000 plans in 2008 and now have over 1,400 plans in 2013 yet you have the same number of associates servicing that number of customers you're going to have tons of OT. Its basic business management. I understand that there are budgets you need to stick to but if you're client base is growing that rapidly you should be able to afford hiring more people, unless you promise these clients the world with custom plan features that the company cant follow through on making it hard on the associates who perform these functions and who have to work tons of OT to make these promises happen, yet get a 0.49% increase and $500 bonus. Finally the pay is horrible. Quit saying that the benefits are great and they offset the lower pay cause it doesnt. Benefits are mediocre, at best. Make the pay competitive and the bonuses and merit raises something to strive for. If you have everyone working well above the department average and they get their year end rating as a "Solid Performer" with a minimal raise and bonus dont wonder why they slow their production down the following year. If you worked your butt off and didnt get recognized for it wouldnt you work less???

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Glassdoor has 2,264 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.