Barclays
3.1 of 5 434 reviews
www.barclays.com London, United Kingdom 5000+ Employees

Barclays Reviews

Updated Apr 22, 2014
All Employees Current Employees Only

3.1 434 reviews

                             

74% Approve of the CEO

Barclays Group CEO Antony Jenkins

Antony Jenkins

(117 ratings)

60% of employees recommend this company to a friend
76 Employee Reviews Back to all reviews
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High steet bank run by school drop-out with poor people skills and major superiority complex

Cashier (Former Employee)
Bromley, England (UK)

I worked at Barclays full-time for less than a year

Pros- Great reputation
- Good hours

Cons- Management is picked from the dregs of a bad barrel. Both banker manager and deputy were verbally abusive to staff
- Poor salary but anyone can get the job so it's kind of understandable that they pay you peanuts
- Excessive sales targets with very little reward
- The need of the customers is not a priority. We were forced to sell any product we could onto the customer, whether it helped them on not.

Advice to Senior ManagementHave Bank Managers undergo courses in team management. Don't make high sales targets a necessity for Cashiers.

No, I would not recommend this company to a friend

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Decent

Anonymous Employee (Current Employee)

I have been working at Barclays

ProsGreat company to have on your resume

ConsCut throat culture with no security

Advice to Senior ManagementMake employees feel appreciated

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Investment Banking

Anonymous Employee (Current Employee)

I have been working at Barclays full-time

ProsFast-paced work environment, interaction with some very smart individuals, opportunities to work on interesting transactions.

ConsThe culture can be very challenging, and there is very little work life balance present with long hours being the norm. The work environment can also be very bureaucratic.

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stressful

Guest Services (Former Employee)

I worked at Barclays part-time for more than a year

Prosget to see concerts ad games for free and you can move up in title

ConsA lot of favoritism and management may treat employees like children. And employees get paid on an event basis.

Advice to Senior ManagementTreat people the way you would like to be treated.

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Operations Graduate Program

Operations Analyst (Former Employee)
New York, NY (US)

I worked at Barclays full-time for more than a year

ProsOpportunity to experience different groups
Great training and continued education courses to take.

ConsThe moral of the firm and specifically in Operations was always negative. Too many groups are being outsourced.

Placement process is a little shady but if you know what you want just go after it and speak directly to the appropriate manager asap.

Advice to Senior ManagementPut in place a more transparent promotion process. People are there for 10+, 20+ years and they are still analysts... doesn't make sense.

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

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Interesting

Anonymous Employee (Current Employee)

I have been working at Barclays

ProsThey provide work/life balance arrangements.

ConsNot enough promotions within the firm. Needs to work on the culture of the bank. Increase bonus or base salary pools.

No, I would not recommend this company to a friend

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Gained a lot in experience but suffered from very poor work life balance. treated as expendable assets -

Anonymous Employee (Former Employee)

I worked at Barclays full-time for more than 5 years

ProsNetworking opportunities
Excellent bonus payouts
Development opportunities

Consrigidity in benefits application
poor work life balance
average development opportunities

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

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BCUS Revolving Door

Senior Director (Former Employee)
Wilmington, DE (US)

I worked at Barclays full-time

ProsMany good, loyal and hard-working colleagues.

ConsCliquey culture. Management by committee. Management not connected to business. Complex organization with respect to US business and UK HQ.

Advice to Senior ManagementNeed to invest in infrastructure.

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

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Confused Strategy

Anonymous Employee (Current Employee)
New York, NY (US)

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

ProsThe quality of employee is high, some great business leadership in some areas, eg Rates.

ConsVery confused restructuring is occurring in an effort to save cost, will likely result in thousands of layoffs in late 14.
Compensation is well below market, particularly for employees who have stuck with Barclays for 3+ years.

Advice to Senior ManagementReduce the workforce rather than pretending restructuring can drive out cost.

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

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Confused company

Consultant (Former Employee)
New York, NY (US)

I worked at Barclays part-time for less than a year

ProsCan't find one, really...The best I can say is that they know what is not working. They have no real clue on how to fix it

ConsInternal politics. Confused strategy. Execution is all over the place. Inability to recognize that some people have to be let go.

Advice to Senior ManagementYou have to decide once and for all if quality of business processes are more important than cost cutting measures. You can do one and then the other. You can also do both at the same time but it requires mature business processes and willingness to work at making things happen. Listen to the field people in your other branches. London is not always right, nor are the people there particularly efficient and committed to the company's best interest.

No, I would not recommend this company to a friend

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