T. Rowe Price

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T. Rowe Price Reviews

Updated 14 August 2014
Updated 14 August 2014
282 Reviews

3.5
282 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
201 Ratings

Review Highlights

Pros
  • Very people friendly company, with good work/life balance (in 19 reviews)

  • Great benefits and comfortable work environment (in 36 reviews)


Cons
  • Career opportunities in Colorado Springs were limited to call center management (in 14 reviews)

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

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to work if your comfortable and enjoy working with others

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

    Pros

    Great benefits and comfortable work environment.

    Cons

    Salaries are lower than most companies.

    Positive Outlook
  2.  

    Good place to start career, but not a lasting move though

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Guidance Specialist  in  Colorado Springs, CO (US)
    Former Employee - Investment Guidance Specialist in Colorado Springs, CO (US)

    Pros

    Steady work
    Learn a lot about investing
    Great investments

    Cons

    Reward seniority, not aptitude.
    "Brain-shackles" (i.e., headset policy is cumbersome, even for a call center)
    Limited upward mobility.
    Ruled by the clock

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Great place to work, put in the time!

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

    Pros

    A great place to work, though sometimes you need to put some time in first before finding the best fit for you. Don't be discouraged if you are starting on the phones and feeling a little micromanaged. A lot of associates start on the phones and work their way up to bigger and better. The common denominator of those who "make it out" alive is the fact that they take ownership of their careers. The phones are a way in to a firm that offers you all sorts of opportunities, inside and outside of the world of finance.

    The benefits are great, 401(k) match one of the best, ESPP a nice perk and if used effectively, can help you to save up the remaining 25% that the firm doesn't reimburse for tuition (if math isn't your strong suit... they reimburse 75%).

    Cons

    Everyone knows the pay scale is on the conservative side...
    Downtown atmosphere can be a little stuffy but Owings Mills atmosphere can feel quite like a college campus at times. Pick what you feel is the lesser of the two evils.

    Advice to ManagementAdvice

    Encourage associates to take control of their careers, allow time for job shadows and info gathering to entry level associates. Be cognizant of the challenges associates deal with while working in call centers, and don't promote power hungry senior reps into management positions they might not be ready for.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    Good place to start a career and learn the business. Too much focus on race

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

    Pros

    I started here out of college and have worked both in Owings Mills and in Baltimore. It is a great place to work, especially if you are starting out. Even though it is a big company it really feels like a family and the culture is great.

    Cons

    There is a lot of focus on race and ethnicity at this company and it has gotten worse over the last few years. There are efforts to boost the number of minorities with management even admitting that they are willing to go into bidding wars with their competitors for minority job applicants. While I'm sure it is well intentioned, If you are a minority in this company you feel like you are just there because of your skin color. Unfortunately other employees begin to become suspicious that you only got the job because of your skin and otherwise aren't capable. This focus on race is racist and needs to stop. Aside from this it is a good company.

    Advice to ManagementAdvice

    Stop the focus on race and ethnicity. We should be hiring people based on how well they will do the job, not to fill a quota. At the end of the day what matters is whether or not the person has good ideas. As MLK famously said, "Judge a man by his character and not by the color of his skin."

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good company, good atmoshpere

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

    Pros

    Training is done well, A lot of focus on employee development, Good benefits overall.

    Cons

    Slow moving, and pay is below competitors.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Retirement Plan COordinator

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

    Pros

    Nice clients and good team mates. Lots of resources online to help you with the job and systems are user friendly.sometimes there are fun events for the employees.

    Cons

    it is understaffed and turnover is high. this has caused lots of unhappy clients who hate workign with new people. the pay is too low considering the level of responsibility/

    Advice to ManagementAdvice

    please pay more and hire more people.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Very enriching and friendly environment

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

    Pros

    Mentorship is very important to T. Rowe Price. I was immediately welcomed and treated as a member of the existing team, rather than an outsider or new employee. Everyone is very understanding, forgiving, and welcoming.

    Cons

    I don't really have any cons. I was not as fond of my supervisor as I would have liked, but technically I can't say anything wrong about the individual or the company.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Summer internship

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

    Pros

    Most of the coworkers I worked with were friendly and helpful. There is a good attitude among staff. Company made it clear that it was a good place to start a career.

    Cons

    Food in the cafeteria isn't the best. Lower pay than most other firms for similar positions.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    good place to start

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

    Pros

    training, resume builder, generous 401k plan, generous paid parental leave for birth of child

    Cons

    limited growth, small bonuses, favortism is very apparent, job is not stable

    Recommends
    Negative Outlook
    Approves of CEO
  11.  

    Pure Hell but take the job for a few years if you need it

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

    Pros

    Fair benefits, bonus until they try to get someone to quit which means people who did their jobs find all of a sudden don't.

    Cons

    Career track for a few. Your supervisors will be young and inexperienced in life, your job and will do anything to cover their backs to stay in management track including having members of their team take the heat. You will constantly have to ask for permissions for same things over and over again which irritates some supervisors who don't bother reading the manual. If you are not good at networking or brown-nosing this is not the job for life for you.

    Advice to ManagementAdvice

    Give credit where it is due with raises and not with just the "card" system for ideas you make money off of. Listen more and in meetings don't put down average investors if you mean World Class service.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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