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Barclays Reviews

Updated 22 April 2015
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2.0
136 Reviews
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Barclays Group CEO Antony Jenkins
Antony Jenkins
38 Ratings

136 Employee Reviews

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  1. Cost control is the predominant concern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Finance in London, England
    Former Employee - Finance in London, England

    I worked at Barclays full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    People are friendly
    People are helpful where possible

    Cons

    Reducing costs is the dominant driver of decisions. As a result ageing systems and equipment are not improved, redundancy rounds leave fewer people doing more work, high staff turnover means few people are able to explain or justify what was done in the past, obtaining approval for any expenditure is difficult, and compensation is significantly reduced.

    Barclays is reducing in size so the environment is one of managing decline.

    The effect of this is to increase the time and effort required on process work at the expense of seeking improvements.

    Advice to Management

    Don't just accept staff turnover, find out why people are leaving and try to address their concerns.

  2. A very stressful environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Barclays full-time

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Smart Dress
    Nice office place
    Medical Insurance
    Pension

    Cons

    Low Salary
    Sales Targets ( change of name to customer satisfaction or Solutions but still sales )
    No fair progression opportunity

    Advice to Management

    Workload balance

  3. Good if your permanent, not so good if your a contractor.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Hyperion Engineer in London, England
    Former Employee - Hyperion Engineer in London, England

    I worked at Barclays

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Nice building and facilities
    Lots of external training courses

    Cons

    More managers than staff
    Very hierarchy driven

    Advice to Management

    More respect and better support for junior staff members/contractors

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  5. Average, could be better could be worse

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Systems Analyst in London, England
    Current Employee - Business Systems Analyst in London, England

    I have been working at Barclays full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    - there is large pool of people to meet

    Cons

    - there is political warfare at barclays

    Advice to Management

    - line managers can be terrible

  6. Typical large corporate environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Barclays full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Starting salaries and package tends to be good.
    Lots of internal opportunities.
    Good work-life balance.

    Cons

    Very political culture.
    Masses of bureaucracy make it very difficult to get things done.
    Very poorly defined processes make the organisation very inefficient.
    While starting salaries tend to be good, increases over time are poor.
    Job satisfaction is low, as is morale.
    Communication is very poor.

    Advice to Management

    Sort out the operating model.
    Improve access to information.
    Empower the workforce.
    Change the political culture.
    Communicate more effectively.

  7. Helpful (4)

    Good while it lasted, chaos at the end ...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in London, England
    Current Employee - Director in London, England

    I have been working at Barclays full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    It's British & headquarters in London, which has advantages if you are based in London.
    Can be interesting

    Cons

    Most difficult place to get anything done of any place I've worked - big or small. Big negative outlooks from individuals.
    Poor HR
    Pay has got weaker comparatively

    Advice to Management

    Find a strategy and stick to it.
    When doing redundancies, don't just get rid of anyone who questions or thinks. You are turning into a 'Yes-man' shop.

  8. Helpful (1)

    Great bank but badly managed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head of Department in London, England
    Current Employee - Head of Department in London, England

    I have been working at Barclays full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Really good people working in this entity

    Cons

    Salary, global strategy and leadership

    Advice to Management

    A Bank can not be managed with short term strategy. Hope that with the new SIF requirement this is going to improve.

  9. Helpful (1)

    Disappointed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England
    Former Employee - Anonymous Employee in London, England

    I worked at Barclays full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Private healthcare, bonus, plenty of career opportunities if you seek them.

    Cons

    Poor communication, some employees seem to work very long hours, lots of services have been outsourced, IT isn't the best, poor management, office culture, annual leave allowance isn't amazing, the lifts get ridiculously busy at peak times!

  10. Helpful (2)

    HR Chaos

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Manager in London, England
    Former Employee - Human Resources Manager in London, England

    I worked at Barclays full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Pay and Bens competitive when compared to other Retail Banks. Good restaurant facilities. Flexible working and good lifestyle balance.

    Cons

    Poor senior HR management, more focussed on their own careers and bonuses than changing HR in a positive way. HR changes that are implemented are badly conceived, reactionary and rarely effective.

  11. Helpful (2)

    More interested in sales than customers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Relationship Support Manager
    Former Employee - Relationship Support Manager

    I worked at Barclays full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Training is freely available to anyone that wants it
    There was a focus for a while on upskilling the staff
    Working from home in some positions
    Some benefits

    Cons

    Obsession with sales over customer services
    Bonus is terrible - always full of promises but it's rarely worth having.
    Management is incompetent in most offices. There doesn't seems to be any need for management skill before you're promoted.
    Office politics is rife. Prepare for back stabbing and constant complaining
    Internal promotion process is overly complicated

    Advice to Management

    Ditch unreasonable sales targets
    Focus on customer service
    Ensure that managers are actually capable before promoting them
    Try to make internal recruitment appealing

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