Barclays reviews

4.0

78% would recommend to a friend

(22,070 total reviews)
avatar

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 22,070 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
Sep 18, 2023

Worst place i've ever worked

Recommend
CEO approval
Business Outlook

Pros

Little to none, there are a few talented people who are nice to work with but question why they stick around.

Cons

Many to mention but overall, poor onboarding experience, leadership team is very complacent and lack knowledge, team structure makes little to no sense so no opportunity to learn from seniors and be prepared to be micro-managed. It is very difficult to progress unless the team lead likes you rather than the work you put in. Any work you created is impossible to get over the line, there is so much red tape and limitations on what websites you can view. Development teams are all based in India, who 9 times out of 10 will say you can't do something just to lighten their load. Currently forced in for 2 days a week, Barclays monitor your every move from swiping in to sitting down at your desk, the offices are poorly designed and incentives to come in e.g. no tea or coffee provided. Redundancies are coming in thick and fast, management will tell you they want to be transparent but if anything muddy the waters even more. Overall working here has made me depressed and wouldn't advise it for anyone with the way it currently is.

1.0
Aug 27, 2013

"Boiler Room"

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None at all- a true boiler room.

Cons

This is the WORST company I have ever worked for. There is no upside- you will be expected to work in slave-like conditions and not be rewarded for it. The blame culture in the nyc office (200 Park) is prevalent- every meeting starts with "who did this, give me a name" so all the good people who really cared about getting it right are gone or pushed out. Even after the recent scandals in the Wealth division, and the new fake "values" being rolled out, NOTHING has changed. The same managers that were hired by all those fired are still there and running the business- unbelievable. Cronyism is rewarded, not merit. Rules and regulations are non-existent, and fraud is rampant.

1.0
Aug 21, 2013
Recommend
CEO approval
Business Outlook

Pros

There is of course some advantages. Interesting and challenging tasks to solve in the investment and optimization practices. Working from home is possible. But still in the theory. In practice they will hate it and you will have problems. Interesting training is available, especially in the investment banking field and advanced finance. Work with some well known and smart peer. Stability of the industry is also some kind of advantage, nevertheless, all of the above highly depend on team you are in and the lead.

Cons

Being one of the largest bank in the world they will save money not only on you as a resource but also on software and hardware. It makes it really nasty to come each day to work with fact like this in mind. They trying to be international company etc, however in reality this is not true. To get promoted in this environment - something unbelievable and unachievable. Depends on your boss, you will be even scared with the fact that he can even make an entrapment for you (which probably also happened in the past). The most surprising is some management members with incredibly poor communication skills. You will feel yourself like a slave. The most wandering fact is that you will be hired for one job by one people, but in fact you will be working on something totally different and with totally different (sometimes really stupid) peoples. Wandering is also the HR people - they like working for some another company. Ignorance of you as human is quite common. Performance reviews is some game where you always loose. It is known in advance what evaluation you will have :). The company has very effective mechanism on controlling and not promoting people / giving bonuses. They can fail you on anything and make a reason for not to be promoted or recognized. Very nasty environment to be on. Management will keep saying you lie like we will be the best in entire industry. Annoying is also the fact that there is no such thing as collaboration. It is pity to see some really nice people inside this company. Especially the international members who are getting pissed off usually. If you coming from some tech industry - think three times before joining this company. Better - simply avoid. Specifics of the business makes it tough as it is very regulated business, in addition, stupidity of some people, miss-communication and even elements of racism makes this kind of job worthless, despite the brand (they trying to promote) and advantages. The innovation happens rare due to very huge bureaucratic machine. To utilize something new, you have to wait for almost a year to get it working, still with restrictions. Usually people simply give-up of doing something new. Team spirit - is something unknown in the company. Insulting is the fact they making interview process nice and pretending to be really good by paying good money to recruiters and attracting talent who are "naive" and not aware about inside life and a lot of legal restriction. By the way, interviews are really good - they will assess you from many different angles (probably out-sourced) - use them to get trained :). What these guys are afraid of is LIBOR scandal as they loosing/lost their reputation not only as a bank but also as employer. I would say quite unfair player of the market. This is typical game when legally everything is correct but the people are unhappy.

Viewing 13 - 15 of 22,070 Reviews

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