Barclays reviews

4.0

78% would recommend to a friend

(22,130 total reviews)
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C.S. Venkatakrishnan

85% approve of CEO

72% positive business outlook

Barclays has an employee rating of 4.0 out of 5 stars, based on 22,130 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Barclays employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

22K reviews
1.0
May 15, 2017

gender gap

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great NY headquarters location. Internal transfer are possible.

Cons

The risk management of the firm has shifted and is now set up in a very conflictual mode where members of the risk organization are encouraged to be aggressive and to use tough language towards their counterparts. Whether that comes from top managers is unclear but it appears to be related to the addition of personal in managing roles with prior-experiences from other banks. There is a clear gap between the official company culture and the day to day working environment that does not promote collaboration. Being a woman inside Barclays in NY is very difficult. My new manager explained to me on his first day that I would certainly have kids soon and that in anticipation I should adjust my schedule. Most of the new hires are men and were engaged with less experience at a higher pay rate and with a higher ranking. I first thought I was misinterpreting events but my opinion in a masculine-only environment started to be frequently overlooked. I even reached out to receive some mentoring from successful women in the firm but that did not help. Some of them aknowledged that they were not really happy with their responsabilities and pay. I also learned that other women had experienced similar situations. The situation was much different in the UK where the salary gap between me and my male colleagues appeared much less asymmetrical and my opinions were equally valued. I also experienced akward situations related to diversity for instance a colleague and I were singled out as assets not for our contribution but for our ethnicity. While several other awkward situations occurred I think this may be an isolated problem specific to our department. It raises the question of the oversight from HR and/or top management on yet another theme that impacts the working environment.

2.0
Jan 11, 2017
Recommend
CEO approval
Business Outlook

Pros

Good work life balance, especially compared to the other investment banks on the Street. MDs will leave around 5PM-6PM and there isn't an expectation for face time.

Cons

Major HR and talent retention issues. Every week, an announcement about a top-level resigning is sent out. Whenever there's an issue, management's solution to fire someone at the top and hire a new and shiny band-aid with a large paycheck to solve said issue. However, what you have in the end is a loss of infrastructure knowledge. There are so many new people that no one knows how any of the legacy systems work, why they were installed, and they keep trying to re-invent the wheel. Company spends a lot of time and money hiring new people and expensive consultants, who at the end of the day are unfamiliar with why the problem exists. Barclays is still stuck in the old days of banking and they have not realized the value of technological innovation or cheap analyst labor. It's a very small company, but people are very unproductive and morale is very, very low. No one is committed to the company or takes pride in the company brand (at least in NY). It's hard to convince someone to stay when all other US banks on the street have better culture and better compensation.

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Barclays Response
9y
Thanks for taking the time to write this review. Your thoughts on a culture of power and fear is very disappointing to hear and obviously not one that we would want as it does not enable our colleagues to succeed and develop. I hope that you are able to share your views with the local management to enable them to share their vision and strategy with you and seek ways to make improvements.
1.0
Nov 17, 2016
Recommend
CEO approval
Business Outlook

Pros

Easy to get in to the company (BSS Noida India) as their interview process is sub-standard

Cons

Management plays all kinds of dirty games. People in management position are biased, lack knowledge, display lack of maturity. IJP process is rarely an honest, open process. Poorly run leadership at Barclays Shared Services Noida India

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Barclays Response
9y
Thank you for your review. It is really disappointing to read your experience with us as that is clearly not the culture we aim to deliver for our colleagues. I would however like to stress that we have a robust and fair selection process for new colleagues that operates on merit of skills, knowledge, experience and fit to our culture and values. This operates across our firm globally.
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