Barclays Reviews

Updated 23 April, 2015
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Employee Reviews

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  1. Great company with a lot of benefits and good culture

    • 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

    generous salary packages with a lot of benefits

    Cons

    not much competitive advantage in many business although size has become larger

    Advice to Management

    focusing on core capacity is needed

  2. Great internal mobility if you work hard. Good pay if you make overtime as well.

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

    I worked at Barclays

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Great office in Times Square. Building is nice. Great resume builder as well.

    Cons

    Getting to know the many different departments in the organization. Bonuses have been nonexistent the past few years. Only make money in overtime if you're not front office.

    Advice to Management

    Give actual bonuses to operations employees. Have quicker promotions and hire back bob diamond. The bank used to run a lot better.

  3. Overall, Unprofessional people, especially in support functions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Investment Manager in Dubai (United Arab Emirates)
    Current Employee - Senior Investment Manager in Dubai (United Arab Emirates)

    I have been working at Barclays full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The DIFC location is good enough and there is little (productive) work and that is about all there is to it.

    Cons

    As far as wealth, investments and overall business is concerned, this place is nearly finished. There is absolutely no focus and the work environment is as unprofessional as it can get. The support functions like admin, communications, events, etc. are full of incompetent people who do not know a word of Arabic and draw hefty salaries and generally waste their own and everyone else’s time playing dirty politics and justifying their crazy salaries. Bulk of the top management like John, Richard, and all the great guys have already moved on. UK management has no time to look into what’s going on here and the communication coming across to us is miserable and a total sham. Most people are just waiting to get the next best offer and jump ship and no one really belongs or has any clear idea of what’s going on. We are headed for a big disaster here.

    Advice to Management

    Focus on your core business. Do a person to person salary versus business contribution analysis! Look at the salaries, qualifications, contribution and ethics of people in the other indirect/support functions who are weighing us down and dragging us behind. There are rumor mills running aplenty and they are being created to protect certain individuals and teams. The messages and indications we are getting are not good. At this rate there will be nothing left. This is not the way things were a few years ago. Ask yourself why your most competent people are leaving / have left already and the most incompetent staying back? Focus on competent employment / retention to help build a better business, better business relations and people communications.

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  5. Average, could be better could be worse

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

    I have been working at Barclays full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    - there is large pool of people to meet

    Cons

    - there is political warfare at barclays

    Advice to Management

    - line managers can be terrible

  6. Muscial Chairs part 2.

    • 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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Benefits are ok. Will match on charity contribution.

    Cons

    Bit of a body shop. Has a tendency to burn thru people.

    Advice to Management

    Heavy on the Senior Management, need to sweep out the cobwebs.

  7. Barclays Bank

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

    I worked at Barclays

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Good salaries but can be an issues when looking to leave and match

    Cons

    Level of leadership has dropped in recent years

  8. Helpful (1)

    Awful place to work.

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

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Salary is quite good for starters and for a temporary job. Not much apart from this.

    Cons

    -Very political and bureaucratic.
    -Very difficult to pass training, your efforts are worth nothing
    -Loads of discrimination and favoritism.
    -No one seems to be ever aware of what is going on
    -Poor management and poor communication between teams.
    -Arrogant and rude people everywhere

    Advice to Management

    Please resign.

  9. Helpful (1)

    Never-ending bad news, layoffs = bad morale

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

    I have been working at Barclays

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Compared to other investment banks, decent work/life balance.

    Cons

    Since the bank announced last May that the investment bank will be shedding 7000 jobs, the mood has been bad. Morale is poor. Annual rankings force each manager to classify 10-20% of their direct reports as "needs improvement". Anybody that gets this ranking is let go. In other words, every manager has to let go of people every year.
    The number of scandals and regulatory issues Barclays is currently involves with is embarrassing and depressing.
    Bonuses were laughable or nonexistent.

    Advice to Management

    Recognize the value the Investment Bank brings to the business.
    Stop blaming prior management for all current problems.

  10. Stratified and Compartmentalized Roles

    • 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 (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Corporate is concerned about doing "the right thing in the right way". There is a lot of oversight and therefore the chance of making a significant blunder is infinitesimally small. The people are friendly, very bright and curious.

    Cons

    Everything is compartmentalized. For security, data, operations or job, information and the dissemination is very tightly controlled. Inefficiency is the result.

    Advice to Management

    Decouple sensitive (secure) from creative. Support employees to do wild and crazy things where it won't impact operations.

  11. Intense, interesting, political

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

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

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Inclusive atmosphere, nice people, challenging tasks.

    Cons

    Managing upwards, political, current "transitory period" introduces noise in terms of direction.

    Advice to Management

    More focus of scarce resources on important value-adding tasks - it will make people feel they are actually contributing and the efficiency will be increased.

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