T. Rowe Price

  www.troweprice.com
  www.troweprice.com
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T. Rowe Price Reviews

Updated 13 September 2014
Updated 13 September 2014
267 Reviews
3.5
267 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
187 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 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
  2.  

    Summer internship

    • 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

    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
  3.  

    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)

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

    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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  5. 1 person found this helpful  

    Decent Company Overall but a few downfalls

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

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

    Pros

    Great 401k, ESOP, fun events, You learn a lot about conducting business in the corporate world.

    Cons

    Very high stress levels and high levels of accountability with low pay, LOTS of favoritism, Lots of cliques, No real advancement opportunities just lateral moves between departments.

    Advice to ManagementAdvice

    Create career ladders and do what it takes to assist the employees in growing and climbing their ladder. Stop promoting based on favorite pics or cliques and promote based on work performance alone.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Nice people, but not very effective

    • 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 for more than 10 years

    Pros

    Good reputation as an investment management company.

    Cons

    Most employees have been there a very long time and do not have experience outside the company. While that can be good to maintain "culture", it can also be stagnating and cliquish. Outside thoughts and experience are not always well-received or appreciated.

    Advice to ManagementAdvice

    Get rid of the legacy employees who got to where they are because of the length of time they have been employed, not their performance. Those who think it is all about being "nice" are just allowing under-performers to keep their jobs and are not meeting the company's objectives.

    Negative Outlook
    No opinion of CEO
  7.  

    It is a great company to start a career straight out of College

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Counselor  in  Walnut Creek, CA (US)
    Current Employee - Investment Counselor in Walnut Creek, CA (US)

    I have been working at T. Rowe Price full-time for more than 8 years

    Pros

    Job stability and great health, 401k, ESOP, profit sharing benefits. It is definitely a team work environment.

    Cons

    Locations for promotion are limited. Bonus potential is limited as well. The adoption of innovative technology is slow

    Advice to ManagementAdvice

    It would be profitable to focus on sales skills versus coaching and micro-managing.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A friendly working environment that allows time for work and fun.

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

    I have been working at T. Rowe Price full-time for more than a year

    Pros

    Great holiday atmosphere.
    Was able to create good friendships.
    Offered a lot of training opportunities.
    They have a gym on sight that you can use before you go to work or after.

    Cons

    My job as an administrative assistant was kind of boring. But that was only because it was a newly added position so they didn't have anything for me to do. My manager was a bit of a micro manager but that was not the case for everyone.

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    I love working here and the people i have met.

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

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

    Pros

    They work with you to move up within the company.

    Cons

    hard to know everyone within your department

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Micro Management at its finest!

    • 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 for more than a year

    Pros

    Pay for your licensing to work for a decent company.

    Cons

    Management is awful, salary not competitive, scheduling is a joke. Training sets the expectations bar high, but the actual standard is abysmally low.

    Advice to ManagementAdvice

    This is a professional company with adults working for you. Let them do their jobs and support, not babysit.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Excellent company to work for, but Colorado Springs location limits career opportunities.

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

    I worked at T. Rowe Price full-time for more than a year

    Pros

    Supportive team based environment, conservative mutual fund investing education, great benefits package, and basic career advancement opportunities.

    Cons

    Lower to mid level managers promoted the people that didn't threaten them, while competent employees were refused advancement. Career opportunities in Colorado Springs were limited to call center management. If your looking to work for the investment management side of T. Rowe Price, you'll need to work in Baltimore.

    Advice to ManagementAdvice

    Increase the career advancement opportunities available.

    Recommends
    Positive Outlook
    Approves of CEO

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