T. Rowe Price

  www.troweprice.com
  www.troweprice.com

T. Rowe Price Reviews

Updated 15 October 2014
Updated 15 October 2014
276 Reviews
3.6
276 Reviews
Rating Trends

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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
191 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

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  1. 2 people found this helpful  

    Ok

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

    I have been working at T. Rowe Price

    Pros

    Good experience for a resume

    Cons

    Bureaucratic; tough to make contributions

  2.  

    Good place to start

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    OK Benefits and good people on staff level

    Cons

    Salary not commensurate with duties

    Doesn't Recommend
  3.  

    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

    I worked at T. Rowe Price as an intern

    Pros

    Great benefits and comfortable work environment.

    Cons

    Salaries are lower than most companies.

    Positive Outlook
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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)

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

    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
  6. 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

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

    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
  7. 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)

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

    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
  8.  

    Good company, good atmoshpere

    • 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

    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
  9. 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)

    I worked at T. Rowe Price full-time (more than 3 years)

    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
  10.  

    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)

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

    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
  11.  

    good place to start

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

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

    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

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