Barclays reviews

Every year people are supposed to have reviews with their managers and they are supposed to receive their salary increases and bonuses. NO SALARY INCREASES whatsoever, regardless of the long nights, constant pressure and stress, and increasing chaos. To add salt to the wound, BONUSES WERE INSULTING. It does not matter how efficient you are and how much you improve the processes and how well you work with others. Nothing matters because in the end YOU WILL NOT GET REWARDED FOR ANY HARD WORK. All management cares about is staying late, falsely assuming that more hours will result in more work being done. People are tired of this, which is why they are flying out of this firm. Morale is low. Compensation is worse than any other bank. Talent is moving on to better firms, that's for sure. If you want to love your job, don't come here. You will not only hate your job here, you will also hate your life.

No advancement outside of London, the management team is UK centric. The Wealth management team has an extremely boorish peolpe mgt. style and focus on "old boy networks" to dictate promotions/work assignments as opposed to meritocracy.