T. Rowe Price

www.troweprice.com

T. Rowe Price Reviews

Updated 22 January 2015
Updated 22 January 2015
295 Reviews
3.6
295 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
197 Ratings

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 25 reviews)

  • Great benefits and comfortable work environment (in 38 reviews)


Cons
  • headset policy is cumbersome, even for a call center) (in 15 reviews)

  • Impact to ability to have appropriate work life balance (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Nice people, no opportunities for career development

    • 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 T. Rowe Price full-time (more than an year)

    Pros

    Good salary and benefits, nice people, nice office facilities (the sort of thing you take for granted until you go to work somewhere with much older computers etc).

    Cons

    No career development opportunities - people who 'play the game' and spend more of their time brown-nosing than actually working or managing get promoted, while other internal candidates who have worked at the company for years are put through massive hoops (20 plus interviews for an internal promotion) and then passed over. NB - I am not referring to myself. Also, the organisational structure and the way my department operated meant there were no opportunities for career development and in fact the job wasn't even how it was advertised when I applied for it so I ended up working here for a couple of years and very quickly finding I was disappointed and stagnating. But for people who are in the right sort of teams with the opportunity for career advancement - or you have the sort of personality that means you will get ahead regardless - it is a good company to work for.

    Advice to ManagementAdvice

    Look at organisational structures and career development opportunities or you will continue losing staff

    Recommends
    No opinion of CEO
  2.  

    Very good company, strong internship program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Baltimore, MD (US)
    Former Employee - Summer Intern in Baltimore, MD (US)

    I worked at T. Rowe Price as an intern (less than an year)

    Pros

    Great company culture, very "nice" managerial staff, not as intimidating as a NY firm

    Cons

    Slow (in terms of interviewing process)

    Recommends
  3.  

    Terrific place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Services Client Manager in Colorado Springs, CO (US)
    Current Employee - Personal Services Client Manager in Colorado Springs, CO (US)

    I have been working at T. Rowe Price

    Pros

    Excellent company to work for- good reputation, great training, and a lot of opportunity to move up within the company. I wouldn't have left had I not moved out of state.

    Cons

    Mandatory overtime during busy season.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great Start

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

    I have been working at T. Rowe Price

    Pros

    Excellent people who have a dedication to learning and growth. The attention to detail was paramount. My superiors were very kind and always prepared to answer my questions.

    Cons

    There was a fairly substantial learning curve.

    Advice to ManagementAdvice

    Keep it up!

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Retirement Plan Coordinatir

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

    I worked at T. Rowe Price full-time (more than an year)

    Pros

    Friendly atmosphere, great starter job, availability to hop departments and become licensed. Excellent training programs.

    Cons

    10 people in line to replace you. You are 100% replaceable. Salary is not competitive and merit increases are laughable.

    Advice to ManagementAdvice

    Compensation - this needs to be realistic

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Good for someone right out of high school to get experience, but not a career

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

    I have been working at T. Rowe Price

    Pros

    This company does have good health insurance and the retirement benefits are better than most.

    Cons

    There is a high school mentality that stems across the RPS department. If your not part of the click or the popular you aren't in line for any kind of promotion or any consideration even if you have the credentials to support it. Also, expect to be micromanaged and watched heavily and constantly. One last point, this is just another customer service job... Even if you are correct/accurate in your position the client will always be right and you are wrong...you never seem to be able to win. Pay is also about $5-$10k lower than competitors in the same industry.

    Advice to ManagementAdvice

    There are a lot of talented people out there but you will never now if you don't give your employees the chance and hire/promote based on how much you like them and if they fit your mold. One last suggestion, but stop micromanaging. For an institution who has such a high turn around, you be surprised how many people will stay and go above and beyond for you if you let them do the job you originally hired them to do.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  8.  

    50/50

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retail Service Associate in Colorado Springs, CO (US)
    Current Employee - Retail Service Associate in Colorado Springs, CO (US)

    I have been working at T. Rowe Price

    Pros

    Paid training,good benefits,easy to get hired

    Cons

    Opportunity to advance is based on social status

    Recommends
    Negative Outlook
    No opinion of CEO
  9.  

    Great Company with Tons of Growth Potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Manager in Tampa, FL (US)
    Current Employee - Client Manager in Tampa, FL (US)

    I have been working at T. Rowe Price full-time (more than 3 years)

    Pros

    Paid OT, Excellent Benefits, Good work/life balance, Strong public image

    Cons

    Micromanagement, Limited Upward mobility at offsite locations

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Retirement Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retirement Specialist in Owings Mills, MD (US)
    Current Employee - Retirement Specialist in Owings Mills, MD (US)

    I have been working at T. Rowe Price

    Pros

    Great benefits, professional and friendly culture, room for growth. Professional and self-development is important to leadership. Great place to start your career. Great training programs.

    Cons

    Low Salary. I think it is sad they are an investment firm that teach about the importance of out pacing inflation and annual merit increases are lower than 3%. You can not out pace inflation by staying in a position for longer than a year. You have to move around the company to have a significant salary increase. This makes it hard for leadership because of the turnover.

    Advice to ManagementAdvice

    You will need to increase annual merit increases if you want to retain talent.

    Recommends

Work at T. Rowe Price? Share Your Experiences

T. Rowe Price

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.