T. Rowe Price reviews

3.6

65% would recommend to a friend

(1,942 total reviews)
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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
2.0
Jul 10, 2013
Recommend
CEO approval
Business Outlook

Pros

Friendly co-workers for the most part, that's the best part. Decent place to start off your career and get ground level experience in finance.

Cons

The entire department of Retirement Plan Services (RPS). I would highly recommend you AVOID this part of the company at all costs. They will advertise "room for advancement", but your pay never gets much better and the so-called advancement is just them circulating you through the departments. And unless you know someone, every "promotion" is preceded by an entire interview process, which is the sole deciding factor in you getting your new position. Its entirely conceivable to be crushing all of your departments rating metrics and be loved by your manager, but if the current 'leadership' happen to like someone else, then so sorry, try again next time. In the end, even if you get the promotion, new managers working there for 5+ years will barely hit $50k, with no over-time pay. In my almost 6 years there, I never even broke the $45k mark. This is the part where they will point out that if you're not salaried, then your income will be supplemented by overtime. Boy, will it ever. In the course of about 5 years, RPS went from occasional overtime and the ability to "flex" overtime and leave early some days, to constant overtime and no flexing allowed whatsoever. In some departments, they even have mandatory early start times and shortened lunches every week. Most weeks, you will know you have 2-3 hours of overtime coming, before you even start the week. Add on the additional overtime, and you're looking at a lot of 9-10 hour days, more the rule than an exception. Don't expect a personal life unless you have a family. If you have a family, you can cop out and claim you need to leave early or come in late and its usually universally acceptable. Anybody else, you're screwed, as you have to pick up the slack for those lucky few. The final nail in the coffin is the stigma attached to RPS. Other departments won't hire you. They know that RPS hires, literally, uneducated people, and people with zero experience. So when you apply outside of RPS, your resume is often times ignored. Being internal is a liability more than a boon from within RPS. You might as well leave and work somewhere else, then in 6 months to a year, apply to that same position and you'll get an interview at the very least, probably even hired. Crazy.

5.0
Jul 8, 2013

Great company to work for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Performance based and are recognized for your hard work.

Cons

Very corporate and conservative and stuffy.

4.0
Jul 7, 2013
Recommend
CEO approval
Business Outlook

Pros

Department dependent, work is very relaxed and moderately difficult. Working environment is also very satisfying. Benefits are great as well. most associates stick around and return for it.

Cons

Subject matter can sometimes be boring for software engineering. Pay is below average and most of the staff is in their mid 30's to there early 40's. If you love technology I would suggest a more technology focused organization. TRP is lagging in a lot of cutting edge tools and software. Although things have been changing drastically within the last two years or so. So dont allow that to ruin your perspective.

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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.