T. Rowe Price

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T. Rowe Price Reviews

Updated 14 August 2014
Updated 14 August 2014
282 Reviews

3.5
282 Reviews
Rating Trends

Recommend to a friend
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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
201 Ratings

Review Highlights

Pros
  • Very people friendly company, with good work/life balance (in 19 reviews)

  • Great benefits and comfortable work environment (in 36 reviews)


Cons
  • Career opportunities in Colorado Springs were limited to call center management (in 14 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company, excellent benefits, good pay, but limited career advancement opportunities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Operations Associate  in  Tampa, FL (US)
    Current Employee - Investment Operations Associate in Tampa, FL (US)

    Pros

    Great conservative company; excellent upper management; generous benefits with 401(k) and good pay. If you are willing to relocate to Maryland, then plenty of advancement opportunities. If not, then very limited. Good corporate culture and just an overall good company to work for.

    Cons

    Willingness to expand jobs in a regional office. Mandatory overtime can be heavy in the "client-facing" departments during certain times of the year and can wear you out.

    Advice to ManagementAdvice

    Keep doing what they are doing from a firm presepective.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    Practice what you preach

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

    Pros

    Training, campus, pay for licensing, 401k

    Cons

    Pay is extremely low. Associates basically need to live with their parents and managers need a second job to support their families. It is sad. It wouldn't be so bad but you were not expected to work way beyond 40 hours and of course every holiday and weekends. That way you could get another job. Expect your children will be the first in daycare and last picked up and count on paying late fees for keeping them there after close.

    Promotions in some areas only happen within certain groups- basically if you don't go to happy hours you don't have a chance. Talent management is not valued or rewarded. It is about who you know.

    Advice to ManagementAdvice

    Take a closer look at your senior leaders. Pay people so they can live comfortably. It's not Colorado or Tampa- our salaries are hard to survive on in Md. Promote those who have a proven record of developing others, not those you go to happy hour with and hang out with after work.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    Intern

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

    Pros

    Great place to build interpersonal skills and networks. People are fun and nice.

    Cons

    Gopher work at most. The department was not prepared nor were they organized with their internship program. Very dull work really.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Personal Services

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

    Pros

    Good benefits and pleasent work atmosphere.

    Cons

    Lower pay (10% lower than other local firms).

    Recommends
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    I worked at T. Rowe Price

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

    Pros

    Great Benefits. Good opportunities available.

    Cons

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

    Advice to ManagementAdvice

    Better internal communications and development/growth plans for associates

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Not very Diverse

    Current Employee - Senior Analyst  in  Owings Mills, MD (US)
    Current Employee - Senior Analyst in Owings Mills, MD (US)

    Pros

    Stable company with great benefits

    Cons

    The culture is not very diverse

    Advice to ManagementAdvice

    Diversity Training - Make It A Priority

  8. 1 person found this helpful  

    Management talks the talk but doesn't walk the walk

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

    Pros

    Owings Mills campus is pretty but in a dull area. Benefits are good but not the best.

    Cons

    New executive team wants you to "challenge the status quo," and "take risks" but the minute you do you're an outsider. To succeed, you need to keep your head down and follow orders. Managers who sit in their office and only manage people are rewarded, managers that contribute are viewed as too tactical. "You're too tactical, you need to be more strategic." Strategic = meet all day, talk and accomplish nothing.

    Advice to ManagementAdvice

    The leadership team (GR 47+) should be more visible and do skip level meetings. I left my manager, not T. Rowe Price.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Nice people, no opportunities for career development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    Pros

    Good 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).

    Cons

    No 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 ManagementAdvice

    Look at organisational structures and career development opportunities or you will continue losing staff

    Recommends
    No opinion of CEO
  10.  

    Campus College style work environment, monotonous tasks

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    no advancement opportunities

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

    Pros

    It has a good benefits package

    Cons

    Below average salary for industry standards

    Advice to ManagementAdvice

    be more flexible

    Recommends
    Neutral Outlook
    No opinion of CEO

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