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
3.0
Aug 28, 2008
Recommend
CEO approval
Business Outlook

Pros

BGI is a well known industry name and brings with it a lot of prestige. Its Transition Management group is particulary well regarded. The overall compensation package is good, but by no means industry leading, having said that you are well looked after and when recognition is given the bonus package can be quite substantial.

Cons

The organistion as a whole is a victim of its own success, it that it suffers from unnecessary bureacracy, and more often than not your career within the organisation tends to be based on sideways movement rather than upward progression. There is also little chance to make your ideas and opinions heard and communication regarding the corporate strategic goals, barring 'Lyndsey's Blog', is not often forthcoming.

5.0
Aug 24, 2008
Recommend
CEO approval
Business Outlook

Pros

Barclays is trying to grow its footprint in North America. They have leading electronic platforms and have not put much effort into selling it globally or regionally until summer of 2007. In terms of cross selling platforms of Fixed Income, FX, Commodities, FX Options, Money Markets, and Futures the BARX has a very strong offering compared to other banks. I have reviewed and worked with the top 5 in the last 5 years. Barx is now pushing from the TOP Mgmt down to drive Emerging Markets Electronically. Resources and support from all different asset groups are very well coordinated and driven for success....more so than I have witnessed at DB or UBS. I view it more like a GS.

Cons

Old regime fighting change. The old school traders that are not embracing electronic trading are slowly losing out because their clients are going electronic with or without them. Second, BARX Upper Management is forcing them to support electronic trading. They expect the traditional sales guys to be working on cross products and structured products that are more profitable for 80% of their day. The day to day trades that can be done electronically they want moved over to the BARX platform as it is cheaper for the bank to process those trades electronically and frees up the time of the traditional voice sales coverage to work on structured trades.

1.0
Aug 24, 2008
Recommend
CEO approval
Business Outlook

Pros

To use as a stepping stone into a decent company

Cons

Salary is very low compared to other local companys ie BNP Paribas, Resolution Assett Management & Smith & Williamson. The only way to progress in this company is if your friends with the management as its jobs for the boys no matter how much knowledge or experience you have.

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Barclays Response
8y
It is very disappointing to read this review of our Glasgow team. I would like to comment that we are focused on recruiting and retaining the right people and ensure that our salaries are benchmarked with local markets to attract future talent. I cannot comment on your own circumstances however our pay structures are linked to both local market drivers and, once colleagues are settled into their roles, personal performance. Your experience of the Glasgow office is very different to mine. I am not sure if you get the regular news up-dates from the Scotland management team however I would encourage you to seek these out as maybe you are not on the mailing list. They are very informative and also highlight new roles and career opportunities.
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