Barclays voted “one of best places to work in UK” | Barclays (2024)

FAQs

Barclays voted “one of best places to work in UK” | Barclays? ›

Barclays was the highest-placed major bank in the overall rankings, and The Sun cited the Bolder apprenticeship scheme, which has no upper age limit, as one example of the bank's inclusive approach.

Is Barclays a good company to work for? Barclays has an overall rating of 3.9 out of 5, based on over 19,970 reviews left anonymously by employees. 76% of employees would recommend working at Barclays to a friend and 68% have a positive outlook for the business. This rating has decreased by 1% over the last 12 months.

We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities.

Overview. Barclays is best for those seeking high-yield savings accounts or competitive certificate of deposit (CD) rates. Consumers who need other types of banking services such as checking — or even quick access to deposit funds — should look elsewhere.

Barclays Group, one of the largest banks in the United Kingdom, employed 45,259 people across the country in 2023. The UK division accounted for more than 50 percent of all employees of the banking group.

Barclays Bank PLC pays its employees an average of ₤42,573 a year. Salaries at Barclays Bank PLC range from an average of ₤24,467 to ₤78,670 a year.

Barclays is among the best places to work in the UK, according to a national business award aimed at recognising the contribution of British-owned companies.

Barclays scored higher in 3 areas: Culture and values, Work-life balance and Compensation & Benefits. J.P. Morgan Asset Management scored higher in 6 areas: Overall rating, Senior management, Career opportunities, CEO approval, Recommend to a friend and Positive Business Outlook.

In relation to England and Wales, the phrase "big four banks" is currently used to refer to the four largest banking groups: HSBC. Barclays. Lloyds Banking Group.

Goldman Sachs scored higher in 1 area: Career Opportunities. Barclays scored higher in 8 areas: Overall Rating, Culture & Values, Diversity & Inclusion, Work-life balance, Compensation & Benefits, CEO Approval, Recommend to a friend and Positive Business Outlook. Both tied in 1 area: Senior Management.

What is the weakness of Barclays? ›

Barclays Bank's heavy reliance on investment banking activities poses a weakness. The bank's investment banking division, Barclays Capital, has experienced fluctuations in profits due to market volatility, as seen during the global credit crunch.

- HSBC is best for credit cards, borrowing and personal expenses, offering a low interest rate for savings. - Barclays is a safe choice for savings, but also has a very low rate.

Both Lloyds and Barclays banks have strong balance sheets, a high earning yield and a well-covered cash dividend but the latter has an investment banking division, whose earnings can be profitable but also volatile.

Barclays Plc is set to cut several hundred jobs within its investment bank division it attempts to trim costs and boost profits within the unit, Bloomberg reported citing people in the know. Staffers in global markets, research and the firm's investment banking arm will be affected by the cuts.

It will always be grounded in the deep-rooted Values of our organisation – Respect, Integrity, Service, Excellence and Stewardship. The Barclays Code of Conduct – 'The Barclays Way' – outlines the Values and Behaviours which govern our way of working across our business globally.

As a Barclays colleague, you could support our shared goal to help people develop the vital enterprise, employability and financial skills they need to help them achieve their ambitions, or help with other causes that are important to you. We contribute to social change and economic growth.

Chip Lupo, Credit Card Writer

It is hard to get a Barclays credit card because all cards offered by Barclays require good credit or better for approval, which may be out of reach for the average consumer. Applicants need a 700 credit score and a steady income to have good approval odds for a Barclays credit card.

Start with a competitive salary, pension/retirement fund, discretionary annual bonus, life assurance and income protection cover. Employees can also take advantage of a wide choice of voluntary benefits, with discounts and tax advantages on many of them.

The average Barclays salary ranges from approximately £23,660 per year for Underwriter to £121,867 per year for Head of Security. Average Barclays hourly pay ranges from approximately £11.24 per hour for Intern to £17.00 per hour for Specialist.

A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.