T. Rowe Price
3.3 of 5 247 reviews
www.troweprice.com Baltimore, MD 5000+ Employees

T. Rowe Price Reviews

Updated Apr 14, 2014
All Employees Current Employees Only

3.3 247 reviews

                             

88% Approve of the CEO

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

James A. C. Kennedy

(176 ratings)

67% of employees recommend this company to a friend
247 Employee Reviews
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Review Highlights

Pros:
  • "Very people friendly company, with good work/life balance"
    in 19 reviews
  • "Great co-workers, great mutual funds, great company culture & great benefits"
    in 32 reviews
Cons:
  • "Career opportunities in Colorado Springs were limited to call center management"
    in 13 reviews
  • "Internal advancement opportunities have been stifled as the company has grown"
    in 11 reviews
  • Show more review highlights

Reviews

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

 

I worked at T. Rowe Price

Anonymous Employee (Former Employee)

I worked at T. Rowe Price for more than 10 years

ProsGreat Benefits. Good opportunities available.

ConsMany managers not great at developing staff. Easy to get stagnant in a role. Difficult to move up.

Advice to Senior ManagementBetter internal communications and development/growth plans for associates

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

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Great Company

Anonymous Employee (Current Employee)
Baltimore, MD (US)

I have been working at T. Rowe Price full-time for more than 10 years

ProsIt's like family. Most people are helpful.

ConsCompensation could be higher than it is.

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

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Conservative, healthy company with the need to promote leaders not project mgrs

Associate, Individual Contributor (Current Employee)

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

ProsExecutives and leadership crave innovative thinkers and are focused on the right directives ....serving clients while remaining operationally nimble and efficient.

ConsOutside of call centers, mid level people-managers are long timers, promoted for successful project delivery. Unfortunately, they do not have the experience to lead organizational change, translating objectives into actionable goals for their teams. As a result, new ideas are discouraged and teams do not adapt. For associates that have held management roles outside of the company, it is disheartening and may be "years" before your voice is heard or you are promoted in order to make a difference.

Advice to Senior ManagementHR and high level executives: Look deep within your organizations and consider leaders based on current and past internal & external TRP experience rather than relationships and successful project delivery. Hold mid PLs and VPs accountable for aligning team charter with real tactical measures of success. Soft measures of being T Rowe Nice and "this is how we have always done it" is a corporate culture not a goal. Foster inclusion of new ideas at all levels, that align to the "goals", and through this you will unleash passionate innovative ideas that deliver results.

Yes, I would recommend this company to a friend

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Good opportunity for career advancement

Anonymous Employee (Former Employee)

I worked at T. Rowe Price full-time

ProsGreat community of people and strong focus on the customer

ConsVery conservative of decisions and changes often take a long time

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

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1 person found this helpful  

Nice people, no opportunities for career development

Anonymous Employee (Former Employee)
London, England (UK)

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

ProsGood salary and benefits, nice people, nice office facilities (the sort of thing you take for granted until you go to work somewhere with much older computers etc).

ConsNo career development opportunities - people who 'play the game' and spend more of their time brown-nosing than actually working or managing get promoted, while other internal candidates who have worked at the company for years are put through massive hoops (20 plus interviews for an internal promotion) and then passed over. NB - I am not referring to myself. Also, the organisational structure and the way my department operated meant there were no opportunities for career development and in fact the job wasn't even how it was advertised when I applied for it so I ended up working here for a couple of years and very quickly finding I was disappointed and stagnating. But for people who are in the right sort of teams with the opportunity for career advancement - or you have the sort of personality that means you will get ahead regardless - it is a good company to work for.

Advice to Senior ManagementLook at organisational structures and career development opportunities or you will continue losing staff

Yes, I would recommend this company to a friend

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  • Disapproves of CEO

 

Campus College style work environment, monotonous tasks

Anonymous Employee (Current Employee)
Owings Mills, MD (US)

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

Proshighly invested in your retirement but fully vested after 5 years of service, cafeteria atmosphere is fun and friendly like in college, young workforce

Consmonotonous tasks, micromanaged, company shifts around employees every 6-8 months as "promotions" to keep you from boredom, low pay

Advice to Senior ManagementGet a personality, most of you are as dry as chalk, and stop acting so afraid. This must stem down from their management.

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

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no advancement opportunities

Brokerage Representative (Current Employee)
Tampa, FL (US)

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

ProsIt has a good benefits package

ConsBelow average salary for industry standards

Advice to Senior Managementbe more flexible

Yes, I would recommend this company to a friend

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1 person found this helpful  

Ok

Anonymous Employee (Current Employee)

I have been working at T. Rowe Price

ProsGood experience for a resume

ConsBureaucratic; tough to make contributions

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Early in my career but things are promising

Retirement Client Associate (Current Employee)
Owings Mills, MD (US)

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

ProsGreat support for licensing. Sups and Seniors care about your development from day one.
The people are great. Everyone is ambitious.

Above average benefit structure.

ConsFirst time having every minute of my day managed

Advice to Senior ManagementKeep on caring about the development of the associates, they will always reward you with hardwork.

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

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Good Place to Work

Anonymous Employee (Current Employee)
Tampa, FL (US)

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

Pros- great benefits (401k, company stock)
- great employees
- trusted company

Cons- healthcare costs have gone up
- limited room for growth in Tampa office

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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 247 reviews are posted anonymously by T. Rowe Price employees.