Barclays

www.barclays.com
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Barclays Reviews

Updated 15 February, 2015
Updated 15 February, 2015
73 Reviews
1.0
73 Reviews
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Barclays Group CEO Antony Jenkins
Antony Jenkins
73 Ratings

Review Highlights

Pros
  • Some good people amidst a sea of people who've checked out; good work life balance (in 60 reviews)

  • Work environment is average, it's comparable to other large banks (in 23 reviews)


Cons
  • We had to do overtime everyday so work/life balance was no so good (in 20 reviews)

  • There have been increased senior management changes in recent years (in 28 reviews)

More Highlights

73 Employee Reviews Back to all Reviews

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  1.  

    A sinking ship whose managers have lost decency

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer in New York, NY (US)
    Former Employee - Senior Software Engineer in New York, NY (US)

    I worked at Barclays full-time (more than a year)

    Pros

    The company offers free coffee and tea. Colleagues are cooperative in general. Manager is hardworking as the staff. The CEO seems to want right ship and create a moral atmosphere after some scandals.

    Cons

    The company is struggling to keep talent because of multiple rounds of layoffs. Managers have a tough time choosing who to get rid of. They sometimes make the unsavory choices based on favoritism. The manager treated his employees with decency only when pressuring them to deliver projects and did not give credit where credit was due after the projects were delivered successfully. The bank's pay is below average compared to other banks in the i-bank business, to put it generously.

    Advice to ManagementAdvice

    Try your best to keep the talent. Fairness and decency are basic values that any company must follow to achieve success.

    Doesn't Recommend
    Negative Outlook
  2. 2 people found this helpful  

    As nimble as an ocean liner

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in New York, NY (US)
    Current Employee - Vice President in New York, NY (US)

    I have been working at Barclays full-time (more than 8 years)

    Pros

    Very accommodating of work-life balance

    Cons

    The firm just cannot get out of its own way. You have decisions being made by retail bankers in the UK, impacting the investment bank world wide.

    Advice to ManagementAdvice

    Decide if you want to be in the business of investment banking.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    AVP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays

    Pros

    good compensation, good reputation, smart ppl

    Cons

    really bad culture. too corporate and insecure approach from employees. not an ideal environment to learn

    Advice to ManagementAdvice

    focus on employee satisfaction and promote a better team environment

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Nice colleagues, dreadful management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Cashier
    Current Employee - Cashier

    I have been working at Barclays

    Pros

    Barclays definitely hire a 'type' for the branches- bubbly, friendly etc so you always find someone you can get along with

    Cons

    The self service machines have made a cashier's life hell. One till for ALL business customers and transactions over 750.00 is a joke. I worked in a self service bench for 5 days before handing in my notice. Customers (rightly) hate the new style and therefore set about making a cashiers life hell because they're miserable.
    Also- giving cashiers a 4% max pay rise for this is laughable. I'm going to a job which will increase my salary by 20%, better hours and paid overtime.
    Overtime-a paid working day in Barclays is 9-5 with 1 hour lunch.Fine on paper but you are required to be at branch by 8.30am latest and are never paid overtime despite rarely leaving before 5.30PM.

    Advice to ManagementAdvice

    Pay your cashiers a living wage and don't patronise them by using a fancy job title. Try spending a 9 hour day on a till in a self service branch and smiling at closing time. Please reconsider the 1 till per branch rule, it is beyond realistic!

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6.  

    An environment that is stuck to convention - junior Director level utterly resistant to change and improvement.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - B6 (Senior Manager) in London, England (UK)
    Former Employee - B6 (Senior Manager) in London, England (UK)

    I worked at Barclays full-time (less than a year)

    Pros

    Compensation is ok and some of the senior management are extremely good.

    Cons

    What senior executives want to achieve and change, is halted by a bureaucratic layer of institutional lethargy and denial. The junior Director level is overpopulated with individuals who are simply hanging on for a pension. The Bank is constantly trying to change and evolve, but is continually dragged back by dinosaurs who don't like to be held to account - the culture remains: 'bowler hats and typewriters'.

    Advice to ManagementAdvice

    Clear out the middle (B7) level and nurture talent. Create an environment where ideas and initiative are embraced rather than actively suppressed. Regional capability needs to be brought into the centre with more collaboration - its no wonder certain BUs are so militant and separatist! I had the opportunity to progress in the bank but left as my spirit was being crushed. The RBB cluster's reputation for churn is well known, and people who have conformed in that environment struggle when they leave..

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Rubbish

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Services Officer in London, England (UK)
    Current Employee - Customer Services Officer in London, England (UK)

    I have been working at Barclays full-time (more than 3 years)

    Pros

    No Pros at all as everything is Cons

    Cons

    Everything is Cons and no pros at all

    Advice to ManagementAdvice

    Look out for some other jobs as Barclays' ship is sinking.

    Doesn't Recommend
    Negative Outlook
  8. 2 people found this helpful  

    Low Morale, Very below average meritocracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays

    Pros

    Great work life balance and easy environment.

    Cons

    Unintelligent people, many without university degrees. No interest in financial markets, no ambition to grow. Lots of politics.

    Advice to ManagementAdvice

    Work on talent retention, upskill graduates instead of rusting them and their careers. Get rid of 10-3pm, lazy, unintelligent, unamibitious, unenthusiastic oldies....please.....they are probably the biggest drag on your equity. take employee opinion seriously!

  9. 1 person found this helpful  

    Barclays Woolwich Branch Work/Life ratio and working environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Moment Banker in Ashford, Kent, South East England, England (UK)
    Current Employee - Moment Banker in Ashford, Kent, South East England, England (UK)

    I have been working at Barclays

    Pros

    Only reason I chose to work for with them was as it was easy to get job with them and the transport commuting is easy as it is near a station and bus. Also parkiing permit given.

    Cons

    Managements spying on staff to the extent that they will come into the TOILET to tell you to hurry up as the customer queue is getting big!!! Even when ones just gone in, is this not bullying in the work place?. Management has a habit of picking on selected certain staff also. When it comes to emergency childcare management tells staff "get your finances in order so that you can afford a proper child career or get a bigger mortgage from Barclays to help you. Others get away with more than simple wrong doings and attitudes. When a complaint is made about this the management hide their favourites by making statements similar to "each person is dealt with on individual circumstances", "confidentiality" or "they will be spoken to". They still continue to do the wrongs. Management get transfers as "They find it too busy a branch from my old one....I can't take this." Other staff can't get transfers as "there's too much going on" as being the answer. Well if they find things "too much going on" then they are not worthy of being managers. Managers stick up for each other even when they are wrong. When challenged to many things the reply is "It's down to managers discretion", this even applies to getting time off for child sickness and doctors appointments etc.. Even cash differance are taken likely when made by certain staff and management come down hard on others who don't even make often or great value errors- favouritism. This is then paraded between themselves as an example setter...just to get marks and say "I have done my jobs" but they have done more wrong by NOT doing their job where it counts, both to company and colleagues. Customers are persuaded to take insurance and package account even when it is obviously not suitable for them. Management encourage this for the income for the branch.
    No work life understanding by management, they just want to look at company. There attitude an behaviour is having a negative effect on staff and moral and also work productivity.

    Advice to ManagementAdvice

    Open your eyes and be fair to all.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    Consistently disappointed. Continual coworker malfeasance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays full-time

    Pros

    Pay was sufficient but as a quant felt invisible in the company.

    Cons

    Lack of possible advancement. Continual malfeasance

    Doesn't Recommend
  11. 1 person found this helpful  

    Poor experience. Worked there for 3 years and everything that could go wrong did.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in New York, NY (US)
    Former Employee - Assistant Vice President in New York, NY (US)

    I worked at Barclays full-time (more than 3 years)

    Pros

    In Barclays New York, there are great networking events with WiN and WiT. Salaries are quite generous compared to competitors.

    Cons

    Very weak management. Technology sector is collapsing. Projects constantly put on hold an moved to the UK. Benefits are lacking for such a big bank. Health insurance is Blue Cross Blue Shield which is not the best and not accepted everywhere. Business and Technology are laying off and displacing employees constantly.

    Advice to ManagementAdvice

    Hire some experienced people who know how to do their job and can drive the company to success. If you want good US presence the make New York Barclays more robust or else close shop in the US. Barclays is ruining many careers.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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