Barclays reviews

4.0

78% would recommend to a friend

(22,144 total reviews)
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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 22,144 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
Jun 6, 2015

A mess of a company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- You get a bi-weekly paycheck. - A few of the employees are good to work with.

Cons

- One of the most political environments that I've worked in. Hard work is punished/taken advantage of by other employees trying to get credit for doing nothing. - So much red tape to get anything accomplished. Most times filling out forms or getting approvals takes 2-3 times the amount of time it takes to do the actual work. - Wall Street bonuses are non-existent here. Over my tenure I never received a bonus or raise, ever. I got a lot of excuses why it was a down year for the company though. - Promotions are also non-existent here, even for lower level titles. The process was constantly changing/unclear and nobody seemed to understand how it worked. - Unclear company direction due to the multiple fines/lawsuits. - Multiple rounds of layoffs.

2.0
Apr 25, 2015

A Sinking Ship

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good redundancy packages. Some really great and hard working people are still there. Well meaning but misguided.

Cons

Times have changed. Staff are miserable with most hoping for redundancy and it now rewards arrogance and promotes egotistical psychopaths. Allows people to push through pointless and sometimes detrimental projects and changes just so they have something to put on their appraisal (and show how well they're doing). Tries to save money by doing petty, irritating things like doubling the price of coffee, then wastes huge amounts due to incompetence and short-termism - for instance by continuing to pay people after they've left. Gradually outsourcing as much as possible to the detriment of quality and efficiency. In the wake of media criticism a PR firm was hired to manage an internal propaganda campaign even North Korea would look down on. Invented a set of Barclays 'Values' which are an insult to the intelligence and decency of the staff. Cultish belief that a day being taught 'integrity' by an MD is what's needed to improve the business, not realising that if people don't have integrity already they never will. Statements announcing the weekly departures of top brass include lines like 'Mr X has retired from Barclays' when these people had left for another job. Generally a demoralising place to work. Previously under Bob Diamond there was a sense of togetherness and purpose - this has now gone.

3.0
Apr 14, 2015

Marketing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Fast paced - Opportunity to move around if you're good - Great benefits - More progressive than most FS companies

Cons

- Aggressive culture, more politics going on than in Westminster - Morally being tied to a company which constantly has its dirty laundry aired in public - Lack of transparency and yo-yo decision making - Meetings, hours and hours of meetings - Doesn't leverage the global community

Viewing 214 - 216 of 22,144 Reviews

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