T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews

Updated 18 October 2014
Updated 18 October 2014
277 Reviews
3.6
277 Reviews
Rating Trends

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

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 23 reviews)

  • Great benefits and comfortable work environment (in 37 reviews)


Cons
  • headset policy is cumbersome, even for a call center) (in 15 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 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)

    I worked at T. Rowe Price full-time (more than an year)

    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
  2.  

    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)

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

    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
  3. 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)

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

    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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  5.  

    Great Company

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

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

    Pros

    It's like family. Most people are helpful.

    Cons

    Compensation could be higher than it is.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Individual Contributor
    Current Employee - Associate, Individual Contributor

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

    Pros

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

    Cons

    Outside 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 ManagementAdvice

    HR 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.

    Recommends
    Approves of CEO
  7.  

    Good opportunity for career advancement

    • 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 full-time

    Pros

    Great community of people and strong focus on the customer

    Cons

    Very conservative of decisions and changes often take a long time

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Early in my career but things are promising

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

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

    Pros

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

    Above average benefit structure.

    Cons

    First time having every minute of my day managed

    Advice to ManagementAdvice

    Keep on caring about the development of the associates, they will always reward you with hardwork.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good Place to Work

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

  10.  

    Stability and Great Benefits

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Stability, Good Benefits, AWA, Great Bonuses

    Cons

    Mild yearly increases, difficult to advance once you get to a certain point.

    Advice to ManagementAdvice

    Keep talent within the firm by hiring internally. This can be accomplished by mentoring programs to help employees begin preparing for the next steps. Much of Managements focus is on Delivery...somewhere along the way people management fell to the bottom of the priority list.

  11. 1 person found this helpful  

    Looks great on a resume if you can stand the political environment.

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

    I worked at T. Rowe Price as an intern (more than an year)

    Pros

    Looks great on a resume. Benefits are amazing- matching 401k, adoption pays up to 80% of fees and tuition reimbursement. Great tool for networking.

    Cons

    Very political environment, hard to move up the ranks unless you network and even then it can be cumbersome. The hiring/on-boarding process can take weeks or months for a position approval.

    Advice to ManagementAdvice

    Management: Promote candidates that actually deserve the job and are qualified.
    More often than not it was about who you knew in the company rather than experience or job performance. Contracting for this company can be risky depending on the manager.

    Recommends
    Neutral Outlook
    Approves of CEO

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