T. Rowe Price Reviews

Updated 29 October 2014
Updated 29 October 2014
278 Reviews
3.6
278 Reviews
Rating Trends

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T. Rowe Price President, CEO, and Director James A. C. Kennedy
James A. C. Kennedy
192 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.  

    Great Culture Great People

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    75 years at being great!

    Cons

    Like any company certain people only think about themselves

    Advice to ManagementAdvice

    Stay Solid

  2.  

    review

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

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

    Pros

    good work life balance, great place to work if you have kids or about to have kids

    Cons

    pay would be the biggest con

    Recommends
    Positive Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    Good for experience.

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

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

    Pros

    Great coworkers and a great way to learn the business. If you are looking for a company to sponsor you for your licenses and 'learn the ropes' this a good company to work for. You have a very core role at first but can expand and advance as you see fit. You can go from basic customer service to dealing with more high value clients to sales.

    Cons

    Compensation within sales is less than you could make with competing firms. If you work in the investor centers you get great face to face experience with clients, but the pay that you get here is not as good as most firms. The sales positions are not 'cut throat' and your pay is not really impacted by sales numbers. Many top performers tend to leave the company for higher paying competitors, but I would definitely suggest T. Rowe as a place to get experience.

    Advice to ManagementAdvice

    Look at what your competitors pay and remain competitive. Also, there needs to be more focus placed on brokerage since mutual funds are not being replaced by ETFs.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Team oriented environment, most rewards are for helping the group. Naked pursuit of self interest a bad idea.

    • 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

    Pros

    Very comfortable working in an environment where people want you to succeed.

    Cons

    Well-defined paths for your career are hard to figure out.

    Advice to ManagementAdvice

    Help employees learn what path moves them ahead. Just working hard and being a team player doesn't always do it.

  6.  

    Great company!

    • 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 (more than 3 years)

    Pros

    The company offers great work life balance, benefits, stock purchasing, etc. T Rowe Price is growing and understand how important it is to invest in it's people to get the most out of them. You can learn a lot from this company and it's just a great place to work.

    Cons

    Since it isn't a huge company, it can take a little while to advance.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good, stable company.

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

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

    Pros

    Good work life balance. Employees treat each other with a very high degree of respect and sincerity. Firm is large enough for employees to navigate a career track with some degree of flexibility. Supportive of employees' ambition to pursue professional credentials and academic education.

    Cons

    Operational tempo and time it takes to make decisions and implement change is remarkably slow for a company of this stature. Salaries can be lower, but total benefits package is great

    Advice to ManagementAdvice

    Move faster from point A to point B.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Investment Sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Counselor in Tampa, FL (US)
    Former Employee - Investment Counselor in Tampa, FL (US)

    I worked at T. Rowe Price full-time (more than 5 years)

    Pros

    Great place to learn the business and get your licenses (especially because they will pay you and allow you to study at work!). Great people, I'll miss that the most. It's a very laid back atmosphere and as long as you are breathing, can answer a phone, and you don't step on toes, you have a very secure job. The benefits are great.

    Cons

    There is little to zero growth available in the Tampa office, unless your ambitions include supervising a call center. I'm fairy certain the sole purpose of the Tampa office is a backup facility. It snows in CO and MD, shocking right?! Well, employees in those locations are let go early on heavy snow days every year and Tampa is there to hold it up. They allow a lot of great talent to walk out the door, and the worst part is I really don't think they care. The Tampa office hires mostly recent college graduates, so the inexperience in most departments is very high. Many individuals get their licenses and leave. There are actually 2 major companies in the city that offer virtually the same position with about 10% higher pay. Those that stay get hooked on the additional vacation hours they give you. Once you get to the 10 yr mark, you're a LIFER, there's no going back to 2 weeks vacation when you can get 20 vacation days. Just answer/dial the phone as much as you can and try not to laugh when they have annual meetings about trying to be about quality over quantity and then preach the exact opposite every other day that someone from Baltimore isn't in town.

    Advice to ManagementAdvice

    You'll quickly learn as an employee in the Tampa office for T. Rowe Price, "Advice to Management" is a waste of everyone's time. It allows them to check off a box of a survey they sent out, then they just do whatever the next man higher up wants them to do.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good company, not great pay. Room for growth but efforts are not always rewarded.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Operations Senior Associate in Baltimore, MD (US)
    Former Employee - Investment Operations Senior Associate in Baltimore, MD (US)

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

    Pros

    relaxed environment, generally people are very nice

    Cons

    pay is low, people who do not pull their weight can easily get by, even get promoted

    Advice to ManagementAdvice

    Cut people who do not contribute to the team-it hinders productivity for those who do contribute

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Positive but limited opportunities

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at T. Rowe Price

    Pros

    Very good training program and leaders are good

    Cons

    Unless willing to move to Baltimore there are limited career options

    Advice to ManagementAdvice

    Consider greater commitment to tampa market

  11.  

    Good company, good perks; pay notsomuch.

    • 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 full-time (more than 10 years)

    Pros

    Great people to work with in the trenches-always will to do what it takes to get the job done. Culture of the company represents a youthful attitude with the old ideals that the company was founded on.

    Cons

    The efforts are not always rewarded, citing that the pay grade is comparable with what's out there. Pay was not worth my long-term employment there, hoping that management would make good on their promise to level the pay scale.

    Advice to ManagementAdvice

    Share the wealth. My department was just starting a life balance approach but, the hurdles of the security associated with a financial firm were difficult to overcome.

    Recommends
    Neutral Outlook
    No opinion of CEO

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