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Barclays Overview

London, England
10000+ employees
1690
Company - Public (BARC)
£5 to £10 billion (GBP) per year
Barclays moves, lends, invests and protects money for 48 million customers and clients worldwide.
We have over 325 years of history and expertise in banking.
Barclays is a transatlantic consumer, corporate and investment bank, with a strong presence in our ... Read more

Mission: Our common purpose is to help people achieve their ambitions – in the right way. We’ll measure and reward our people, not just on commercial results, but on how they live our Values and bring them to life every day. And we’ll judge our success on a ... Read more

Company Updates

  • Read about our research into the "Slashie" generation. https://www.home.barclaycard/media-centre/press-releases/slashie-generation-increasingly-substituting-the-nine-to-five-lifestyle-with-a-five-to-nine-hobby-that-pays.html?icid=_hp_c1_SlashieGeneration.html

    'Slashie' generation taking up paid hobbies

    A quarter (23 per cent) of those aged 18-34 are actively generating income from their outside-of-work interests - of which they hold an average of four Four in ten (40 per cent) of those aged under 35 expect their jobs to provide 'a sense of fulfilment', leading them to move

  • We are proud to have been recognised as a Disability Confident Leader by the UK Government’s Disability Confident initiative. http://glassdoor.com/slink.htm?key=vQ4Ef

    A mission to become the most accessible FTSE 100 company

    SPONSORED: Listening to disabled colleagues and customers is key, says Barclays' Mark McLane. Last Updated: 17 Jul 2017 When Barclays set out to improve its accessibility for disabled people, it didn't exactly set a low bar. 'We wanted to become the world's most accessible FTSE 100 company,' says Mark McLane, Barclays' global head of diversity and inclusion.

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Barclays Video

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Barclays – Why Work For Us?


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Our Purpose

Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

Barclays has undertaken a fundamental review of how our business operates. We have looked at the bank in terms of business performance and in terms of culture because we know that only a business driven by strong values can deliver strong, sustainable returns.

How we defined these

In January, as part of the Transform Programme, we announced our newly defined Purpose and Values across Barclays globally. These are fundamental to Barclays long-term success and represent the set of standards under which all of us at Barclays will work, and against which the performance of every employee will be assessed and rewarded.

Our common purpose is to help people achieve their ambitions – in the right way. We’ll measure and reward our people, not just on commercial results, but on how they live our Values and bring them to life every day. And we’ll judge our ‘Go-To’ success on a balanced scorecard of impact.

The Barclays Code of Conduct outlines the Values and Behaviours which govern our way of working across our business globally. It constitutes a reference point covering all aspects of colleagues’ working relationships, specifically (but not exclusively) with other Barclays employees, customers and clients, governments and regulators, business partners, suppliers, competitors and the broader community.

The objective is to define the way we think, work and act at Barclays to ensure we deliver against our Purpose of helping people to achieve their ambitions – in the right way.

The Barclays Way is aligned to the Code of Professional Conduct, published by the Chartered Banker Professional Standards Board, which sets out the ethical and professional attitudes and behaviours expected of bankers. Barclays subscribes to this code and is committed to embedding its broad principles into our business.

Our Purpose

Helping people achieve their ambitions – in the right way.

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Respect

We respect and value those we work with, and the contribution that they make.

  • Build trust with the colleagues and partners we work with
  • Seek out alternative perspectives and put our shared interests ahead of any individual or team
  • Collaborate proactively with colleagues across all of Barclays to get the best results
  • Embrace, and seek to increase, the diversity of our organisation.

Integrity

We act fairly, ethically and openly in all we do.

  • Show the courage to do and say the right thing
  • Act in private as I do in public, and honour my commitments
  • Challenge things I believe to be wrong and be open to challenge from others
  • Be accountable for failure as well as success, and not allocate blame.

Service

We put our clients and customers at the centre of what we do.

  • Take the time to understand clients’ and customers’ needs, regardless of my role
  • Always strive to surpass clients’ and customers’ expectations
  • Create and provide solutions for clients and customers that balance the short and long term
  • In serving my clients and customers, incorporate the perspectives of all our stakeholders.

Excellence

We use our energy, skills and resources to deliver the best, sustainable results.

  • Aim for flawless delivery and learn from my mistakes
  • Take pride in both my own work and that of the team
  • Actively contribute to the performance, development and engagement of my colleagues
  • Create the environment to attract and keep the best people who share our values.

Stewardship

We are passionate about leaving things better than we found them.

  • Pioneer innovative and better ways to do things
  • Protect and enhance our reputation and legacy at all times
  • Find ways to positively impact all of the communities we interact with
  • Value sustainable progress as much as immediate achievements.

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Diversity

Diverse organisations perform better: they understand their customers' needs better, they make better decisions and they are better places to work.

Barclays is committed to equality. We strive to achieve this through a variety of initiatives – for example, campaigns to increase the number of female leaders and sponsoring Pride. We also support internal networks such as Spectrum (LGBT), Women's Initiative Network and Reach (disabilities).

We recognise that our colleagues have many roles in addition to their work at Barclays, so our flexible working options support their commitments outside their professional lives. We offer a range of employee benefits to meet individual needs.

We drive diversity & inclusion with principles of equality to ensure that diversity is embedded in our organisation globally. We host a number of internal networks to support our colleagues. These groups are linked to five strategic pillars; Disability, Gender, Multicultural, Multigenerational (including parents/care givers and Military), and LGBT (Lesbian, Gay, Bisexual, Transgender). We welcome applications from all backgrounds and all applications to Barclays are judged on merit.

Supporting our communities

Our goal is to help change 5 Million Young Futures by the end of 2015.

At Barclays, we want to help the next generation achieve their ambitions. We believe there is no better start on the path to success than access to enterprise, employability and financial skills. 

We are leveraging our resources and employees’ time and expertise to provide the next generation with the skills they need to build a better future for themselves and their families. 

Barclays plays a broader role in the communities in which we live and work beyond what we deliver through our core business activities. We do this through community investment programmes, and the direct efforts of our employees.

At Barclays, we want to help the next generation achieve their ambitions. We believe there is no better start on the path to success than access to enterprise, employability and financial skills. 

We are leveraging our resources and employees’ time and expertise to provide the next generation with the skills they need to build a better future for themselves and their families. 

Barclays plays a broader role in the communities in which we live and work beyond what we deliver through our core business activities. We do this through community investment programmes, and the direct efforts of our employees.

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Now is a great time to join Barclays as we continue on our journey to define the industry and become the ‘Go-To’ bank. 

Getting the job

Barclays is setting the pace of change in global financial services. We are pioneering new services, shaping new markets and setting new standards across the world. For you this means constant challenges and opportunities. It also means joining a global community with many different skills and diverse perspectives, united by a common purpose and shared values.

Working at Barclays

Employee benefits include performance incentives, private healthcare, flexible working and structured opportunities for personal and professional development. Barclays also offers tax-free share schemes, childcare vouchers and plus many more. Take a look below at our range of benefits.

The Barclays Global Alumni Programme

At Barclays, we are bound together by our purpose and values, and the need to belong to a larger social network and to place relationships at the centre of business. We value relationships and want our former colleagues to remain connected wherever they go.

Are you a former colleague of Barclays. If so, we invite you to join the Barclays Global Alumni Programme. As we like to say "once a colleague, always a colleague".

The Barclays Global Alumni Programme is an easy way for individuals to stay connected to Barclays and to other alumni. Our colleagues are high performers and have achieved, and continue to achieve, complex, amazing things. Barclays will always want to hear from individuals who have gained new skills, knowledge and experiences, and who are keen to share these.

Our aim is to build a thriving, networked community of Alumni around the world. In return, you will enjoy benefits such as access to Alumni updates with company news, Alumni stories, career opportunities and alerts about roles we think would be a good fit for you, plus exclusive member benefits.

We invite you to join the Barclays Global Alumni Programme. As we like to say "once a colleague, always a colleague".

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Looking for a place to start your career?

At Barclays, you’ll find internships for current students and full-time roles for recent graduates across a number of business and functional areas.

As a graduate or intern here, you’ll do more than just experience our momentum – you’ll keep it going. Respected and valued, you’ll bring your own perspective to our challenges. And our support and training will equip you to make an ever-larger contribution to work that shapes tomorrow for customers, clients, our business and your career.

No matter which part of Barclays you join, you’ll gain skills, develop strong networks, be challenged and build a solid foundation for wherever your career journey takes you. Learn more at Barclays.com/joinus.

Barclays Reviews

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Barclays CEO Jes Staley
Jes Staley
644 Ratings
  • Featured Review

    Helpful (14)

    "Investment Bank: Big Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in London, England
    Current Employee - Software Developer in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Barclays full-time (More than 3 years)

    Pros

    I wrote a review just over 2 years ago and I'm still here at Barclays Investment bank – on the whole it's a good place to work. Unfortunately due to lack of career opportunities I feel it's time to leave but decided to write this review so others can learn from my experience over the past 3 years working at Barclays.

    First of all, it's a big bank. A lot of your experience will be determined by those around you rather than the company as a whole. Also, the banking group led by CEO Jes Staley is actually made up of smaller parts – as of 2017 it’s essentially two major legs:

    Barclays UK
    - The retail bank (typical high street stuff),
    - Barclaycard (UK only)
    - UK wealth business (rich clients)
    - Corporate banking (small and medium firm finance)

    Barclays International
    - Corporate banking (large global firm financing)
    - Investment bank (trading global markets)
    - Barclaycard (outside UK)

    These two legs (designed to ring-fence risky stuff away from conventional banking) are both supported by a service company, Barclays Services Limited. The service company is where all the non-revenue generating parts such as IT and other operational back office teams are (they share the same resources); this company supports both the UK and International legs. Each bullet point is a separate company so it’s a very big group. Barclays predominantly focuses on the UK and US markets, clients and firms. Someone working in the retail bank will experience a totally different career to those in the investment bank -there are pros and cons for each of them.
    --------------------------------------------------------------

    I work in the investment bank middle office (supporting front office – sales and traders).

    Jes Staley, CEO. He knows what he is doing, comes across as humble and has sensible plans. Jes makes sure his ‘generals’ carry out what needs to be done, especially around restructuring Barclays for the future (thankfully a lot of big changes are now done). Totally agree with Jes about the need to have a diverse set of people to work with (i.e. no old boy clubs) and the need to have better technology; he understands the bank today is actually a tech firm and IT is not a cost center – it is the bank. Also emphasizes that Barclays has a role to play in society and the greedy self serving banker has to be stopped (not too sure how this works with him taking such a large salary though…)

    The brand. It looks good on your CV.

    Learn on the job. You don’t need to be up to your eye balls in fancy qualifications to do most of the jobs. Studying finance helps but honestly, it’s not something that everyone needs as the roles across the teams are so varied you have to just have a good attitude and work hard to get it. Like I said – most a just well paid grunts with easily transferable skills to other offices in any industry.

    Diversity. People don’t care about your background, ethnicity or anything like that – it’s what you bring to the table and your ability to do your job. We have people fresh from school, 18 years old on apprenticeships and those that have PhD maths doing some very clever stuff.

    Work Hours. The culture of “lunch is for wimps” is long gone and working hours are pretty good. No one frowns at you for going to lunch or leaving on time, although most stay beyond their contracted hours to finish the job. A big cultural shift from the days before the 2008 crash. Also everyone is being encouraged to work from home occasionally as this saves desk space (in turn saving the bank money from building costs, etc)

    The People. On the whole they are a nice bunch of people to work with. They are always busy but are approachable; I can’t recall anyone saying “avoid so and so because you’ll get shouted at”. Everyone is down to earth and very hard working (except a few management types). Some people here are very smart with PhDs and other big qualifications – don’t worry though as not every role needs a rocket scientist.

    Work Environment. It’s quite good to be fair – you get multiple monitors, virtual desktops, access to a lot of software. Some of the systems are old but they are looking to update them over time (will take years). Realistically it’s doing alright though – haven’t quite got to everyone using touch screens but it’s not ancient (Win 7 or Win 10). Nice open plan office area, canteen, meeting rooms, etc but certainly not like Google (unfortunately).

    Cons

    Okay, so now you know the scale of the firm it’s become apparent that it is very hard to climb the corporate ladder. Each company such as the investment bank has its own large hierarchy with thousands of people working for it; due to the numbers involved it is often the case of not what you do but rather who you know which will allow you to progress. You can get someone incredibly talented at analyst level (bottom rank) but will never get chance to move up and really shine due to the odds against them – this means that good people leave as they aren’t progressing as quickly as could have been or they get bored and want new work. Based on what I’ve seen people usually leave the firm after 2-3 years (sometimes just after 1 year) at lower levels as it dawns on them that you are playing a numbers game.

    Politics. Okay, I’ve yet to work for any company where people don’t play politics; it’s a fact of life. Unfortunately I feel that those that have made it to pretty good positions (VP, Director level) are reluctant to do good job and end up falling into the politics game. I hear very senior people saying “work together as one company” but in reality in each team managers are playing politics and looking after their own interests. No one from very high up ever visits the ‘ground troops’ and so they are out of touch of what it’s like back on the floor (I assume they are always in important meetings being told everything is fine).

    Pay and bonuses. I said this a few years ago and it’s still the same – unless you are one of the lucky few forget about being handed a cheque with a long number on it. Those days are well and truly over. Sure, some lucky senior people will get a big reward but most of us are just well paid grunts. Speaking of which the pay is good (not amazing), however when you work it out per hour it’s honestly not above and beyond any other place. My contract states my working hours are 9-5. Every day I work 08:30 – 17:30, which is alright (it used to be a lot worse 3 years ago!). I don’t get rewarded for all those extra hours though so it makes my bonus almost insulting each year. Every year people go into “the room” expecting to be told you’ve just got a big fat pay check and every year you get told “here is your 2% pay rise and £1,000 bonus”. Grateful for it but believe the media hype of millionaire lifestyles.

    Annual reviews. Seriously – there isn’t any point if I’m honest. There isn’t a structured career path for most to take. It’s like most jobs – take your seat, work hard based on your role, think outside the box by making stuff better and learn some things along the way. There isn’t anything I’m aware of where they have a structured career path, despite HR making out there is such a thing. My manager is woeful at best; it’s like taking career advice from a fast food manager with politics thrown into the mix.

    Leadership. Same as everywhere else I’ve been. Lots of managers but not natural leaders. A lot of managers are not real leaders, despite what they view themselves as; happy to delegate and be the chief getting paid the most but somehow avoid listening to concerns, helping nurture talent, provide knowledge to those below, working with other teams. Usually a case of “I’m in charge do what I say” rather than “I have something to teach”.

    Pigeon Holed. People feel like they are stuck in certain roles and are not given the chance to move. For example those in middle office have a huge barrier to those working in front office. A complete “us and them” attitude – both don’t know what is really involved by either side. The front office see everyone else as a cost and waste of time; the middle office see sales and trading as people making constant mistakes and not appreciating what we do for them (nothing would go through unless other teams are there supporting the money makers).

    You made it! Now you can read about that dreaded one star rating that makes you question if the whole company is rotten to the core (it’s not; it’s down to who you end up working with, promise). :)

    Advice to Management

    Take the time to go back to the grass roots - there are lots of rough diamonds that are being hidden by a political layer of middle managers. A lot of these people are being lost as they never get a chance to shine.

See All 4,437 Reviews

Barclays Photos

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Barclays Interviews

Experience

Experience
62%
23%
14%

Getting an Interview

Getting an Interview
43%
19%
16%
7
7
2
2

Difficulty

3.1
Average

Difficulty

Hard
Average
Easy
  1.  

    Business Manager Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience

    Application

    The process took 4+ weeks. I interviewed at Barclays.

    Interview

    Initial stage of the process is an online application form, which is then reviewed by the careers team. Once accepted, you must undertake a number of simple online tests. If you pass this stage, you progress on to a hiring manager review before a face to face interview. Now, this is where it went downhill for me, it took them 4 weeks to review my application - despite my badgering as I had been offered another job - and I never recieved an email/explanation. Instead, I logged into the careers portal and was faced by one sentence explaining I was unsuccessful. I have never been more disappointed with an interview process, and it doesn't take a genius to strongly suggest this needs rectifying.

    Interview Questions

See All 1,613 Interviews

Barclays Awards & Accolades

  • Top 100 Employers, Stonewall Top 100 Employers Index, 2016
  • Best Places to Work, Corporate Equality Index (CEI), 2016
  • Top 50 Employers for Women, The Times, 2015
  • Family Friendly Award Winning Company, Mumsnet, 2014
  • Britain's Top 100 Graduate Employers, The Sunday Times (UK), 2012
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