T. Rowe Price Reviews

Former Employee – worked at T. Rowe Price full-time for more than 8 years

Pros – Very people friendly company, with good work/life balance. Solid benefits, generous 401k matching.

Cons – Outside of NEV rated positions, they need to improve their bonus system to better reward high performers. Pay for performace doesn't hold up as well outside of NEV rated jobs.

Advice to Senior Management – Keep up the great work

Yes, I would recommend this company to a friend

Former Employee – worked at T. Rowe Price full-time for more than 3 years

Pros – -The company has a great culture as a long-term investment management organization
-Benefits are quite solid and management generally treats their employees well
-Lots of smart people to work with and a very well-respected organization in the industry

Cons – -Internal advancement opportunities have been stifled as the company has grown
-Can be stressful when market is performing poorly

Advice to Senior Management – Keep up the good work, but try to develop associates more

Current Employee – been working at T. Rowe Price full-time for more than 8 years

Pros – People are generally very nice and it is a pleasant atmosphere. Great benefits

Cons – Too much management who are too out of touch.

Advice to Senior Management – Pay more attention to lower-level employees.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at T. Rowe Price as a contractor for less than a year

Pros – For the last six years, I commuted a total of three hours daily for a former employer. T. Rowe Price has a convenient location which has reduced my commute to a total of one (1) hour daily. My fellow colleagues are friendly and very helpful in a team player sense of style, while the overall department has a relaxed atomosphere. Moreover, the managers are approachable and a pleasure to work with.

Cons – As a new contracted employee, I have yet to discover any cons at this time. I'm certain, in time, I will have more feedback, however, I'm confident my review of the company will not change much.

Advice to Senior Management – Although I have yet to have interactions with many managers, the managers I have had an opportunity to work with is self-suffient and approachable. They also understand the need to maintain a fair work and life balance. Keep up the good work.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at T. Rowe Price full-time for more than a year

Pros – Access to great companies and management teams for equity research
Fun, hardworking culture
Forward thinking management team with good hiring practices and strategic thinking
Stable institution with great upward mobility for strong performers

Cons – Baltimore based
Still a bit of the frustrated jock culture
So large that you can't look at many small or mid cap stocks

Advice to Senior Management – A bit more diversity would make T Rowe a more attractive place to work.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at T. Rowe Price full-time for more than 3 years

Pros – Company reputation, strong Baltimore presense, industry leading, ethical, rooted in strong customer service.

Cons – Pay, overtime, open positions are managed with overtime consistently and even us associates can see it. Work life balance is impossible at all levels. Day to day job is becoming more and more demanding.

Advice to Senior Management – Customer service is one of our core values and something we do care about. To do that, we need to have staffing levels at a normal level. Work with your leadership staff to ensure they are focusing on the right things, so that we can work a normal day instead of OT consistently. Staffing should not be supplemented by requiring consitent OT of the staff(you should fill positions). Save money in other ways. We need to be able to and want to come to work refreshed for our customers. We understand there are times during the year when OT is needed, but day in and day out, is too much and it has been going on for too long. This is too good of a company to compromise. It's not too late to go back to the way we were when we knew leadership cared about us and we were important. It is in your control to put the right people in place or back in place to make it happen... there was a time when it was like that and it wasn't that long ago

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at T. Rowe Price full-time

Pros – The entry level training is good, and the systems are intuitive and helpful. Good place to get your financial licenses.

Cons – Overtime in the support areas dictates your life. It's either so much that you work until dark every night and every Saturday; or it's very quiet and nothing much to do. Be ready for a lot of groupthink. The managers are almost always internal people who have been around for a long time, and no one wants to rock the boat.

Advice to Senior Management – Hire some new blood in your operations management. Creative and outside the box thinking can be incredibly helpful .

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at T. Rowe Price full-time for more than 8 years

Pros – Friendly people to work with, great licensing opportunities, and great place to learn the industry. Excellent investment philosophy, doesn't do lay-offs to manage budget, and a debt free company. Great location with amenities like gym, cafe, basketball court, and social networking events.

Cons – Halo affect galore in some areas (RDS), success is measured by social networks overpowering actual work. Very occupied with putting small fires out versus fixing the root issues. Not really competitive pay and while feedback is encouraged it is rare to find someone who provides tangible feedback.

Advice to Senior Management – Stop top down management style in operations. We are making decisions that do not involve the associates closed to the process. This helps with moral issues and gets the fixes right. Measure a supervisor on the morale and development of the team not who is in your office the most. Coaching and development stop at Supervisor level. If you want supervisors to effectively coach and development GM's need to be coaching and practicing it with the supervisor teams. We are also failing to attract and retain talent because of burn-out and lack of follow through on objectives. There are some of us holding on by a thread hoping it will turn around. Look for us and fairly evaluate our work and leadership skills soon. Please. This is a good company and it will be heart-breaking if it continues down the path it has taken in the last 3-5 years. The core values are why we still fight.

Yes, I would recommend this company to a friend

Current Employee – been working at T. Rowe Price full-time for more than 7 years

Pros – great culture and great people here

Cons – not the best salary in town

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at T. Rowe Price full-time for more than 10 years

Pros – Top rated mutual funds, client focused, lots of opportunity for movement. Company values are integrated throughout firm. Strong company brand.

Cons – Long hours for leadership, focus on requirements not necessarily needed in role over experience, skills and readiness for role. A more top down style from key decision makers vs. the collaborative style we were accustom to. Leaders feel like they have less and less of a say in decisions.

Advice to Senior Management – Look at recent changes in leadership strategy and determine what makes sense to the business and who is driving these decisions. If the broader team is not behind them, is there a reason? What is the real risk and are there better "creative solutions" that meet our needs and mitigate risk?

Yes, I would recommend this company to a friend