Great 401k - Stuck in the past - Toxic culture - Human Resources T. Rowe Price Employee Review

2.0
23 Feb 2021
Recommend
CEO approval
Business outlook

Pros

401k benefits are industry leading - regular monthly company contributions and a second lump sum at the end of the year based on company performance. In general people are friendly - work environment is professional.

Cons

Unfortunately there are more cons than pros - it feels like you step back in time when you enter the Baltimore or Owings Mills campus. Technology is dated, internal processes are years behind other companies. The sad part is there is there is a lack of self-awareness in the TRP and HR leadership teams to realize just how far behind they are. The HR team itself is a prime example - all homegrown within TRP with minimal experience in HR at other companies - fearful of outsiders who bring fresh ideas to help them modernize who could push them outside of their comfort zone. There is also a well-known sub-culture at TRP that is called T. Rowe Nice. On the surface it feels friendly and cordial, however beware - feedback at TRP is never direct and it is often times shared with others differently before you hear the message.

Explore other reviews about T. Rowe Price

5.0
8 Sept 2025
Recommend
CEO approval
Business outlook

Pros

Experienced with vast variety of tools, excellent tech stack and nice pay scale.

Cons

Less team bulding activities & fun. Always work!!!

3.0
12 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Total compensation is competitive, new hires are eager to jump in, and it seems like a company strategy is finally coming together. Things continue to move slowly though because projects from the loudest voice or most tenured associates tend to get prioritized and throw off critical investments into fixing data, process, and tech debt issues to mature our ability to market like it’s 2026 instead of 2016.

Cons

Too many bottlenecks to execution; If you’re seeking to make a meaningful impact, don’t expect it fast. Expect to navigate uncertainty while the company claims to help clients do this for their portfolios instead of helping associates to help clients — This is branded fluff for leadership without clear direction, driving teams to waste too much time and energy in meetings and boring demo decks every month to make being busy look like value by being the loudest voice, which is what you’ll notice many of the most tenured associates do best. Slides might look pretty but AI doesn’t make sense of this noise and clients don’t benefit from all the hours spent in PowerPoint. Unclear ownership leads to internal redundancies or team friction, on top of the inconsistent documentation and fragmented data siloes that are ironically impeding readiness for AI mandates coming from the CEO.

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