Barclays reviews

4.0

78% would recommend to a friend

(22,074 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 22,074 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
2.0
Nov 5, 2008
Recommend
CEO approval
Business Outlook

Pros

Due to thre recent acquisition of Lehman Brothers' NA operations, Barclays Capital can compete against the likes of Goldman Sachs and Morgan Stanley. In addition, the firm's balance sheet allows the group to lend on more favorable terms to deals that are identified as strong relationship clients. The placement of Skip McGee (from Lehman) as the head of Investment Banking should position the group for future success. In addition, given the lack of competition from the likes of pure investment banks, as they have all disappeared, Barclays Capital will be able to gain a strong market share in areas such as M&A, IPOs, etc.

Cons

The senior management team lacks clarity, does not effectively communicate the group's direction and focus and are spineless. I was let go in October 2008 as a result of the integration with Lehman Brothers; however, a majority of the people let go during this time were junior staff identified by their managers (and since I did not get along with manager, I was identified). In addition, the Company's procedures were constantly changing and a process was never truly defined, as the policies were constantly revolving. The biggest complaint from my manager was my lack of awareness of policies and procedures - it's hard to keep track when it constantly changes.

5.0
Nov 2, 2008
Recommend
CEO approval
Business Outlook

Pros

Friendly welcoming people (helped by the "no jerk" policy)! Emphasis on teamwork - only looking out for yourself is not accepted. Completely different atmosphere to the investment banks where I have worked previously - no hire and fire! Fantastic graduate development programme and ongoing learning schemes. They emphasise a balance between work and family life and the compensation/benefits package is almost best on the street! London Graduate salaries in particular. Ability to work abroad and move roles is an added benefit.

Cons

Only recently considered to be a top tier investment house. Has grown so quickly that the back office/infrastructure occasionally struggles to keep up.

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