T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews

Updated 16 November 2014
Updated 16 November 2014
282 Reviews
3.6
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
192 Ratings

Review Highlights

Pros
  • The company offers great work life balance, benefits, stock purchasing, etc (in 23 reviews)

  • Great benefits and comfortable work environment (in 37 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. 2 people found this helpful  

    Practice what you preach

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

    I have been working at T. Rowe Price full-time (more than 10 years)

    Pros

    Training, campus, pay for licensing, 401k

    Cons

    Pay is extremely low. Associates basically need to live with their parents and managers need a second job to support their families. It is sad. It wouldn't be so bad but you were not expected to work way beyond 40 hours and of course every holiday and weekends. That way you could get another job. Expect your children will be the first in daycare and last picked up and count on paying late fees for keeping them there after close.

    Promotions in some areas only happen within certain groups- basically if you don't go to happy hours you don't have a chance. Talent management is not valued or rewarded. It is about who you know.

    Advice to ManagementAdvice

    Take a closer look at your senior leaders. Pay people so they can live comfortably. It's not Colorado or Tampa- our salaries are hard to survive on in Md. Promote those who have a proven record of developing others, not those you go to happy hour with and hang out with after work.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Intern

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

    I have been working at T. Rowe Price as an intern

    Pros

    Great place to build interpersonal skills and networks. People are fun and nice.

    Cons

    Gopher work at most. The department was not prepared nor were they organized with their internship program. Very dull work really.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Personal Services

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

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

    Pros

    Good benefits and pleasent work atmosphere.

    Cons

    Lower pay (10% lower than other local firms).

    Recommends
    Neutral Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    I worked at T. Rowe Price

    • 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 (more than 10 years)

    Pros

    Great Benefits. Good opportunities available.

    Cons

    Many managers not great at developing staff. Easy to get stagnant in a role. Difficult to move up.

    Advice to ManagementAdvice

    Better internal communications and development/growth plans for associates

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Not very Diverse

    Current Employee - Senior Analyst in Owings Mills, MD (US)
    Current Employee - Senior Analyst in Owings Mills, MD (US)

    I have been working at T. Rowe Price full-time

    Pros

    Stable company with great benefits

    Cons

    The culture is not very diverse

    Advice to ManagementAdvice

    Diversity Training - Make It A Priority

  7. 1 person found this helpful  

    Management talks the talk but doesn't walk the walk

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

    I worked at T. Rowe Price full-time (more than 10 years)

    Pros

    Owings Mills campus is pretty but in a dull area. Benefits are good but not the best.

    Cons

    New executive team wants you to "challenge the status quo," and "take risks" but the minute you do you're an outsider. To succeed, you need to keep your head down and follow orders. Managers who sit in their office and only manage people are rewarded, managers that contribute are viewed as too tactical. "You're too tactical, you need to be more strategic." Strategic = meet all day, talk and accomplish nothing.

    Advice to ManagementAdvice

    The leadership team (GR 47+) should be more visible and do skip level meetings. I left my manager, not T. Rowe Price.

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

    Campus College style work environment, monotonous tasks

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

    I have been working at T. Rowe Price full-time (less than an year)

    Pros

    highly invested in your retirement but fully vested after 5 years of service, cafeteria atmosphere is fun and friendly like in college, young workforce

    Cons

    monotonous tasks, micromanaged, company shifts around employees every 6-8 months as "promotions" to keep you from boredom, low pay

    Advice to ManagementAdvice

    Get a personality, most of you are as dry as chalk, and stop acting so afraid. This must stem down from their management.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

    no advancement opportunities

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

    I have been working at T. Rowe Price full-time (more than 5 years)

    Pros

    It has a good benefits package

    Cons

    Below average salary for industry standards

    Advice to ManagementAdvice

    be more flexible

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Great Company

    • 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)

    I have been working at T. Rowe Price full-time (more than 10 years)

    Pros

    It's like family. Most people are helpful.

    Cons

    Compensation could be higher than it is.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Conservative, healthy company with the need to promote leaders not project mgrs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Individual Contributor
    Current Employee - Associate, Individual Contributor

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

    Pros

    Executives and leadership crave innovative thinkers and are focused on the right directives ....serving clients while remaining operationally nimble and efficient.

    Cons

    Outside of call centers, mid level people-managers are long timers, promoted for successful project delivery. Unfortunately, they do not have the experience to lead organizational change, translating objectives into actionable goals for their teams. As a result, new ideas are discouraged and teams do not adapt. For associates that have held management roles outside of the company, it is disheartening and may be "years" before your voice is heard or you are promoted in order to make a difference.

    Advice to ManagementAdvice

    HR and high level executives: Look deep within your organizations and consider leaders based on current and past internal & external TRP experience rather than relationships and successful project delivery. Hold mid PLs and VPs accountable for aligning team charter with real tactical measures of success. Soft measures of being T Rowe Nice and "this is how we have always done it" is a corporate culture not a goal. Foster inclusion of new ideas at all levels, that align to the "goals", and through this you will unleash passionate innovative ideas that deliver results.

    Recommends
    Approves of CEO

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