2.0
26 May 2014
Current employee, more than 5 years
New York, NY
Recommend
CEO approval
Business outlook
Pros
Working from home is allowed.
Cons
Too much bureaucracy and office politics get in the way of people actually getting work done. Morale is very low especially with the 'Bad Bank' announcement as people feel unsettled not knowing when they'll be next to be cut. Too much restructuring going on and the feeling is nothing at Barclays is ever stable. Lots of budget cuts and as a result hiring is also limited. Bonus and raise have been horrendous the last few of years. Only higher ups are getting bonuses which is not fair as it's the doers that get the job done, not management.