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.  

    Average pay, above average experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Special Correspondence Representative  in  Owings Mills, MD (US)
    Former Employee - Special Correspondence Representative in Owings Mills, MD (US)

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

    Pros

    Generous stock option and plentiful vacation days (if employed for sufficient time)

    Cons

    Woeful pay scale; college atmosphere for lower level employees.

    Advice to ManagementAdvice

    Compensate the associates on the front line better.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Portfolio Accounting

    • 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

    Great place to start your career. Plenty of opportunity to grow. Good benefits.

    Cons

    Starting salary is low but benefits are good and salary increases quickly

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    T Rowe Price

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant  in  Baltimore, MD (US)
    Current Employee - Administrative Assistant in Baltimore, MD (US)

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

    Pros

    Voted "Most Admired Company" 3 years in a row. Also voted Best Place to Work.

    Cons

    As of yet, I have not identified a negative aspect of this company. I believe it is a great company focused on clients.

    Recommends
    Positive Outlook
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Great company, excellent benefits, good pay, but limited career advancement opportunities.

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

    I have been working at T. Rowe Price full-time for more than 10 years

    Pros

    Great conservative company; excellent upper management; generous benefits with 401(k) and good pay. If you are willing to relocate to Maryland, then plenty of advancement opportunities. If not, then very limited. Good corporate culture and just an overall good company to work for.

    Cons

    Willingness to expand jobs in a regional office. Mandatory overtime can be heavy in the "client-facing" departments during certain times of the year and can wear you out.

    Advice to ManagementAdvice

    Keep doing what they are doing from a firm presepective.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful  

    Practice what you preach

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

    I have been working at T. Rowe Price full-time for more than 10 years

    Pros

    Training, campus, pay for licensing, 401k

    Cons

    Pay is extremely low. Associates basically need to live with their parents and managers need a second job to support their families. It is sad. It wouldn't be so bad but you were not expected to work way beyond 40 hours and of course every holiday and weekends. That way you could get another job. Expect your children will be the first in daycare and last picked up and count on paying late fees for keeping them there after close.

    Promotions in some areas only happen within certain groups- basically if you don't go to happy hours you don't have a chance. Talent management is not valued or rewarded. It is about who you know.

    Advice to ManagementAdvice

    Take a closer look at your senior leaders. Pay people so they can live comfortably. It's not Colorado or Tampa- our salaries are hard to survive on in Md. Promote those who have a proven record of developing others, not those you go to happy hour with and hang out with after work.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7.  

    Intern

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

    I have been working at T. Rowe Price as an intern

    Pros

    Great place to build interpersonal skills and networks. People are fun and nice.

    Cons

    Gopher work at most. The department was not prepared nor were they organized with their internship program. Very dull work really.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Personal Services

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

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

    Pros

    Good benefits and pleasent work atmosphere.

    Cons

    Lower pay (10% lower than other local firms).

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    I worked at T. Rowe Price

    • 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 for more than 10 years

    Pros

    Great Benefits. Good opportunities available.

    Cons

    Many managers not great at developing staff. Easy to get stagnant in a role. Difficult to move up.

    Advice to ManagementAdvice

    Better internal communications and development/growth plans for associates

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Baltimore, MD (US)
    Current Employee - Anonymous Employee in Baltimore, MD (US)

    I have been working at T. Rowe Price full-time for more than 10 years

    Pros

    It's like family. Most people are helpful.

    Cons

    Compensation could be higher than it is.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Conservative, healthy company with the need to promote leaders not project mgrs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate, Individual Contributor
    Current Employee - Associate, Individual Contributor

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

    Pros

    Executives and leadership crave innovative thinkers and are focused on the right directives ....serving clients while remaining operationally nimble and efficient.

    Cons

    Outside of call centers, mid level people-managers are long timers, promoted for successful project delivery. Unfortunately, they do not have the experience to lead organizational change, translating objectives into actionable goals for their teams. As a result, new ideas are discouraged and teams do not adapt. For associates that have held management roles outside of the company, it is disheartening and may be "years" before your voice is heard or you are promoted in order to make a difference.

    Advice to ManagementAdvice

    HR and high level executives: Look deep within your organizations and consider leaders based on current and past internal & external TRP experience rather than relationships and successful project delivery. Hold mid PLs and VPs accountable for aligning team charter with real tactical measures of success. Soft measures of being T Rowe Nice and "this is how we have always done it" is a corporate culture not a goal. Foster inclusion of new ideas at all levels, that align to the "goals", and through this you will unleash passionate innovative ideas that deliver results.

    Recommends
    Approves of CEO

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