If I see just one more email entitled "Changes to Leadership team..." - Anonymous employee Barclays Employee Review

1.0
3 Sept 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The name is still good on the CV, apparently. For reasons that escape me. There is a healthy work-life balance, shown in spades by the fact that even the MDs have started leaving at 3pm on a Friday afternoon now. If they don't care, the rest of us certainly shouldn't. A BIG pro is that there is no downside to doing a bad job! No, really. None whatsoever. People are never fired from Barclays Wealth if they're not pulling their weight. They're tolerated for years on end until they get paid off with a fat redundancy cheque whilst those of us STUPID enough to hang around and do some work get paid a bonus which is less that these lazy people got paid on a tax-free basis for being laid off.

Cons

The best reasons would be to witness - first hand - what a chicken does after the head has been cut off. Of course, not all chickens are born into this world equal. Barclays Management chickens, however, are given bottomless pits of money to buy in expensive management consultants who will go out and interview the staff and then repackage their own employee's advice as their own. And then set a new "Strategy". Yay! New strategy! Expect that - and this is the brilliant bit - none of the Senior Leaders want to taste their own cooking. We have lost three very senior people in the space of a month. The Financial Times noted this, as did everyone else. Every couple of weeks, we get another banal email from the "Leadership" team about the latest changes to team structure, reporting lines, brand of tea..... My simply advice would be - STOP WITH THE COMMS AND START DELIVERING SOME ACTUAL STRATEGY. This is a uniquely "Wealth" Problem. No other part of Barclays is this sick, unmotivated or leaderless. Staff are leaving in droves. People are bored stupid. There's no career progression within Wealth, and why would you want to stay anyway? They haven't a clue what they want the business to be, look or smell like in a year. It's dull. Really, really dull.

Explore other reviews about Barclays

5.0
22 May 2026
Recommend
CEO approval
Business outlook

Pros

Chill and work life balance

Cons

no money, no increment, check

3.0
11 May 2026
Recommend
CEO approval
Business outlook

Pros

Workload is manageable they don’t put too much on you. Hybrid you come into office once a week.

Cons

Some managers are nice some are not and if you have a manager who doesn’t like you it will make the job stressful. If you get a zero for QA part of your bonus will be gone and if you get 3 within a 7 month period you will have to come into office 3 days a week and be on a final and will not get a bonus, bonuses could be higher in my opinion, if your not a good collector they could be as low as $500-$700 every 3 months if your a decent collector they could be $1500 every 3 months if your a good collector they could be $2250-$3375 every 3 months but the base pay isn’t high enough either it’s 50k to 56k all around just not enough money

See reviews by: Helpful|Rating|Date|All