T. Rowe Price
3.3 of 5 252 reviews
www.troweprice.com Baltimore, MD 5000+ Employees

T. Rowe Price Reviews

Updated Apr 18, 2014
All Employees Current Employees Only

3.3 252 reviews

                             

87% Approve of the CEO

T. Rowe Price President, CEO, and Director James A. C. Kennedy

James A. C. Kennedy

(178 ratings)

66% of employees recommend this company to a friend
252 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Very people friendly company, with good work/life balance"
    in 19 reviews
  • "Great benefits and comfortable work environment"
    in 35 reviews
Cons:
  • "headset policy is cumbersome, even for a call center)"
    in 14 reviews
  • "Impact to ability to have appropriate work life balance"
    in 6 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

1 person found this helpful  

Decent Company Overall but a few downfalls

RETIREMENT PLAN COORDINATOR (Current Employee)
Owings Mills, MD (US)

I have been working at T. Rowe Price full-time for more than 5 years

ProsGreat 401k, ESOP, fun events, You learn a lot about conducting business in the corporate world.

ConsVery high stress levels and high levels of accountability with low pay, LOTS of favoritism, Lots of cliques, No real advancement opportunities just lateral moves between departments.

Advice to Senior ManagementCreate career ladders and do what it takes to assist the employees in growing and climbing their ladder. Stop promoting based on favorite pics or cliques and promote based on work performance alone.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

It is a great company to start a career straight out of College

Investment Counselor (Current Employee)
Walnut Creek, CA (US)

I have been working at T. Rowe Price full-time for more than 8 years

ProsJob stability and great health, 401k, ESOP, profit sharing benefits. It is definitely a team work environment.

ConsLocations for promotion are limited. Bonus potential is limited as well. The adoption of innovative technology is slow

Advice to Senior ManagementIt would be profitable to focus on sales skills versus coaching and micro-managing.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

A friendly working environment that allows time for work and fun.

Administrative Assistant (Current Employee)
Owings Mills, MD (US)

I have been working at T. Rowe Price full-time for more than a year

ProsGreat holiday atmosphere.
Was able to create good friendships.
Offered a lot of training opportunities.
They have a gym on sight that you can use before you go to work or after.

ConsMy job as an administrative assistant was kind of boring. But that was only because it was a newly added position so they didn't have anything for me to do. My manager was a bit of a micro manager but that was not the case for everyone.

Advice to Senior Managementnone

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

I love working here and the people i have met.

RPS Control (Current Employee)
Owings Mills, MD (US)

I have been working at T. Rowe Price full-time for more than 3 years

ProsThey work with you to move up within the company.

Conshard to know everyone within your department

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Micro Management at its finest!

Anonymous Employee (Current Employee)

I have been working at T. Rowe Price full-time for more than a year

ProsPay for your licensing to work for a decent company.

ConsManagement is awful, salary not competitive, scheduling is a joke. Training sets the expectations bar high, but the actual standard is abysmally low.

Advice to Senior ManagementThis is a professional company with adults working for you. Let them do their jobs and support, not babysit.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Excellent company to work for, but Colorado Springs location limits career opportunities.

Retail Service Associate (Former Employee)
Colorado Springs, CO (US)

I worked at T. Rowe Price full-time for more than a year

ProsSupportive team based environment, conservative mutual fund investing education, great benefits package, and basic career advancement opportunities.

ConsLower to mid level managers promoted the people that didn't threaten them, while competent employees were refused advancement. Career opportunities in Colorado Springs were limited to call center management. If your looking to work for the investment management side of T. Rowe Price, you'll need to work in Baltimore.

Advice to Senior ManagementIncrease the career advancement opportunities available.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great place as a beginner

Retail Service Associate (Former Employee)
Colorado Springs, CO (US)

I worked at T. Rowe Price full-time for more than 3 years

ProsGood people, decent benefits, teamwork between associates

ConsLimited advancement, poor pay compared to competitors

Advice to Senior ManagementListen more to the people who work hard for you.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Good for resume

Associate (Current Employee)
Denver, CO (US)

I have been working at T. Rowe Price full-time for more than a year

ProsProfessional environment, good place to work straight out college. Good stepping stone for other jobs.

ConsThe pay is way below what other companies pay. Lots of micro management and unnecessary meetings. Training is very below average, if it all

Advice to Senior ManagementBe more hands on

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Tattling is rewarded

Brokerage (Current Employee)

I have been working at T. Rowe Price full-time

Pros*Great training
*fun, smart coworkers
*some clients can be pretty funny
*teaches you valuable life skills

Cons*tattling is rewarded--this creates a very toxic work environment where people set up other people for failure
*pay is okay, we've lost a lot of good people to competitors
*constant micro-management
*management plans poorly and consistently underplans their employment, making other departments "loan" out their employees to other departments
*once management doesn't like you, you're outta luck
*technology is outdated and constantly failing, putting pressure on phone reps
*lots of mandatory OT

Advice to Senior ManagementEmployees are people! You should encourage a collaborative environment, rather than a toxic work environment. People dread coming to work and people who speak up are punished. There are a lot of competitors who are fighting to steal your well trained employees. Treat us like we're also assets under your management and you'll have a better ROI.
Also, reward the people who deserve to be rewarded, including those people who have tenure. It seems like supervisors have no backbone and refuse to fight for their employees. Again, there's a lot of competitors coming in the financial services industry, so many people are leaving because of this.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

T. Rowe Price Tampa

Anonymous Employee (Former Employee)

I worked at T. Rowe Price

ProsGreat place to get started. They pay for you to get your FINRA licenses.

ConsLittle opportunity for upward mobility unless you are willing to move to Baltimore first. Promotions are not always based on ability as much as how much the managers like you. IN Tampa most managers have been in those positions for quite some time so for you to move up someone has got to leave their position first.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for T. Rowe Price? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at T. Rowe Price reviews and ratings - including employee satisfaction and approval ratings for T. Rowe Price CEO James A. C. Kennedy. All 252 reviews are posted anonymously by T. Rowe Price employees.