T. Rowe Price

www.troweprice.com
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Employee Reviews

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  1.  

    Wonderful place to start my career!

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

    I worked at T. Rowe Price

    Pros

    Love the atmosphere, the benefits, & the people. Training is great and managers help you learn & grow. Benefits are great.

    Cons

    I wish they would allow more people to work from home.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Miss the company, not the management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing and Communications in Owings Mills, MD (US)
    Former Employee - Marketing and Communications in Owings Mills, MD (US)

    I worked at T. Rowe Price full-time (more than 10 years)

    Pros

    After 12+ years with the company, the hardest part was leaving the people. T. Rowe Price hired some amazing people 15-20 years ago, and a lot of those people are still with the company. The Owings Mills campus is a great backdrop, and the benefits are great.

    Cons

    Change is good, but constant change does more to hinder than help the culture. Tenured employees become extremely frustrated when management and expectations are in constant flux. It can become difficult to move up after you reach a certain level and growth can become stagnant. Salary seems to still be an issue; offering less than the national average.

    Advice to ManagementAdvice

    T. Rowe Price has one of the most talented tenured workforce in the area. Listen to them. Constant change and ineffective managers are driving them away and T. Rowe has begun to lose its luster in the professional community.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Horrendous Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in Baltimore, MD (US)
    Former Employee - Associate in Baltimore, MD (US)

    I worked at T. Rowe Price full-time (less than a year)

    Pros

    - Good brand name to have on your resume
    - Quality reputation
    - Highly qualified employees

    Cons

    - Long hours for insufficient pay
    - Non-friendly work environment

    Advice to ManagementAdvice

    Treat your employees with respect.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    A good start... for a few people.

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

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

    Pros

    The benefits are pretty good but its relative because the pay is comparatively low to other companies in similar industries. For those who "fit", this is a great company to work for in an industry that is fairly stable. Management is tolerable but either hot or cold towards some employees based on whether they "fit" or not. Personal opinion weighs heavily in promotion so make as many friends as possible.

    Cons

    If you dont "fit" then there is little to no future for people who work here. If youre not interested in conforming to the politics and obvious favoritism this is not the place for you. Unless you have an appetite for azz kissing OR you just happen to know someone who is in a position where they can help you AND they "like" you, dont stay here too long just come here on your way to a real career. If you have lots of previous experience in a field such as Information Technology it pales in comparison to what can actually be done if the right person likes you.

    Advice to ManagementAdvice

    Pointless to advise mgmt. The company has been run the same way since the 1930s and they pride themselves on still following the same businesses practices that existed then.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    "room to grow"

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    Not all positions require licensing, easy to get sponsored for licensing, and room for advancement.

    Cons

    Call center setting, lowest paying company in industry, overtime, and tax season is chaotic

    Recommends
  7.  

    The employees are very nice and wil answerany questions that you may have.

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

    I have been working at T. Rowe Price

    Pros

    Learn a lot about the finance world.
    Hire college students with any major

    Cons

    Job duties are repirtive.
    Emplpyee salary is not compeitive

    Advice to ManagementAdvice

    Get managers that care about the interns, that are open to questions.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Great way to start a career in Financial Services, amazing benefits but limited growth opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Former Supervisor in Tampa, FL (US)
    Former Employee - Former Supervisor in Tampa, FL (US)

    I worked at T. Rowe Price full-time (more than 8 years)

    Pros

    Best benefits by far! Not just in the industry but compared to many large companies. They basically fund your entire retirement with yearly 401k bonus for all employee's and company contribution both regardless if you contribute yourself (on top of company match for contributing yourself and yearly bonuses). Additionally, you get a ton of paid time off, good health plan options and lengthy, paid maternity/paternity leave. If you have a college degree and a good interview, they will hire you into a "customer service" role. Put your pride aside that you don't want to work in "customer service" and take it. You will learn so much in a short period about mutual funds, investments, retirement planning, etc. They hire mostly from within so growth can happen quickly (within 6 months) to better and higher paying jobs. They will pay for you to get your Series 7, 66 licenses. The people you work with make the job fun. Good atmosphere and opportunities to get involved in the community. This job will make your resume look good for future jobs but in most cases, that is about it.

    Cons

    Unfortunately once licensed, the roles are limited to "Sales" or "Leadership" roles. After a few years, most of the good and driven employee's leave to seek higher paying roles in the industry. Those that stay for more than 5 years, do so for the great benefits certainly not job satisfaction or advancement. The employee's that are client facing (phones which is most roles) are treated as easily replaceable (which funny because it is actually impossible to fire anyone). The interview process means little to nothing, it's all about your "buzz". HR needs to play a bigger role in the interview process internally. Lastly, the systems, processes and back office procedures are so outdated it's impossible to get anything done, escalated or resolved. The left hand doesn't talk to the right and no one knows answers to correct issues. Not a well oiled machine! Most of the time, your manager never worked in the job so has no idea how to help you resolve client issues (which there are a lot of).

    Advice to ManagementAdvice

    Spend a day, just once a quarter in the life of the associate that deal with the customers. There are so many frustrations and system limitations that end up in dissatisfied client experiences. I took hundreds of these "sup calls". Unfortunately the feedback goes nowhere. TRP spends so much money every year enhancing what they think needs to be done with the help of "marketing" but nobody has just listened to the customers directly from the source.

    Similar to the tuition reimbursement policy, put some sort of reimbursement policy in place for licensing associates! Associates are using TRP to get licensed then moving on.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    T. Rowe

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at T. Rowe Price

    Pros

    They treat employees very well. Benefits are also good. 401(k), health, disability (short and long), vacation, sick leave, and many other benefit programs

    Cons

    They are a large company that can create a tough environment for some, but overall it is great company to work for.

    Advice to ManagementAdvice

    Most do this already, but taking a hands-on approach helps greatly.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Very interesting company with plenty of growth potential.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - 401k Specialist in Colorado Springs, CO (US)
    Current Employee - 401k Specialist in Colorado Springs, CO (US)

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

    Pros

    Growth potential is available in spades. Typically begin as a call center environment and move around from there. Plenty of opportunities to learn. Great benefits package.

    Cons

    Work-life balance can be an issue during busy seasons as overtime is dictated by the market conditions. Different ideas by managers in same department can lead to confusion.

    Advice to ManagementAdvice

    I feel like there should be more time directed to bettering the work-life balance, especially during peak seasons. (i.e. beginning of year, tax season, RMD).

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Terrific place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Services Client Manager in Colorado Springs, CO (US)
    Current Employee - Personal Services Client Manager in Colorado Springs, CO (US)

    I have been working at T. Rowe Price

    Pros

    Excellent company to work for- good reputation, great training, and a lot of opportunity to move up within the company. I wouldn't have left had I not moved out of state.

    Cons

    Mandatory overtime during busy season.

    Recommends
    Positive Outlook
    Approves of CEO

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