Royal Bank of Scotland
3.1 of 5 593 reviews
www.rbs.com Edinburgh, United Kingdom 5000+ Employees

Royal Bank of Scotland Reviews

Updated Apr 8, 2014
All Employees Current Employees Only

3.1 593 reviews

                             

73% Approve of the CEO

Royal Bank of Scotland Group Chief Executive Ross McEwan

Ross McEwan

(11 ratings)

54% of employees recommend this company to a friend
112 Employee Reviews Back to all reviews
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very very very UK centric

Vice President (Current Employee)
Stamford, CT

I have been working at Royal Bank of Scotland

Prosbenefit packages(outside of compensation)
new building and facilities in US
few very bright and competent people

Consbusiness is centred around UK decision makers. There global businesses who do not have empowerment locally to take advantage of local economies.

bad leadership results in bad attitude with subordinates and thus we have bad business results and thus being the mess they are in.

no bonus 2 years running for non-money makers (finance,IT,operations,etc)

Advice to Senior Managementreward all who sacrifice they're personal time for sake of good of company.

No, I would not recommend this company to a friend

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Lot of learning experience, no clear job growth plan.

Anonymous Employee (Current Employee)
Stamford, CT

I have been working at Royal Bank of Scotland

ProsLot of learning opportunity. Lot of new projects going on.

ConsLong hour of work. No clear growth plan.

No, I would not recommend this company to a friend

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It was okay, the company still has a lot of catching up to do technology wise.

Business Analyst (Former Employee)
Stamford, CT

I worked at Royal Bank of Scotland

ProsGood benefits, decent pay, new building

ConsManagers don't support promoting employees, no work/life balance, people work like zombies there.

Advice to Senior ManagementGive your employees a break sometimes!

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Low Morale

Associate (Current Employee)
Stamford, CT

I have been working at Royal Bank of Scotland

ProsExcellent work life balance -- lots of vacation time and short hours for wall street (~60 hours week); Generally nice managers and coworkers; well respected energy banking group and traders

ConsCommute to Stamford; All bonuses are deferred for 3 years; harder to win deals with mediocre bankers and a mid-tier name; focus on debt with very little M&A or equity capabilities

Advice to Senior ManagementPeople are unhappy about the commute, so reward them with other perks (and street level pay, which means not deferred)

No, I would not recommend this company to a friend

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OK; would not recommend.

Anonymous Employee (Current Employee)
Stamford, CT

I have been working at Royal Bank of Scotland

Pros- OK work/life balance.
- Fitness center in the building.
- Ergonamically friendly work environment.

Cons- Location, location, location!!! - Stamford, CT.
- Management has no or very little leadership traits.
- Compensation is not consistent accross orgnanization.
- Motivation is low.

Advice to Senior ManagementAdvice to Sr. Management: restructure management.

No, I would not recommend this company to a friend

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Good Work life balance, low pressure but almost zero growth opportunities

Process Analyst (Current Employee)
New Delhi (India)

I have been working at Royal Bank of Scotland full-time for more than a year

ProsTransport Facility, Low work pressure, Good Work Life balance and lots of leaves

ConsRest Everything is pathetic!
1. Compensation is much below the Industry Standards
2. Your Manager decides your future (Always say Yes Boss, then only expect something good)
3. In case you resign, you are treated as a step son (all your privileges are withdrawn, even your yearly bonus, which itself is worthless figure)
4. 360 degree review is discouraged
5. Personal growth is almost nil (Expect a promotion at least after 5-6 years)
6. Management least concerned about employees issues/grievances.

Advice to Senior ManagementTake care of your employees, their concerns, and at least pay as per industry average.
Need to work on your management hierarchy.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Good work life balance thats it

Technical Specialist (Current Employee)
Gurgaon, Haryana (India)

I have been working at Royal Bank of Scotland full-time for more than 10 years

ProsAfter spending a large amount of time, one tends to get cynical with an organization, so let me try and put up and impartial view of the org. Main pros

1) work life balance: 8-5 working hours mean 8-5 thats it.
2) cab facility :- free cab service in NCR
3) decent salary structure.

ConsOk this is the dicey part being an old timer I might be cynical and give bitter views so I will try to be rational and balanced.

Cons

1) being a captive of a stagnant business, there is absolutely no growth over here.
2) internal promotions are non existent. A policy called IJP which involves an interview(just like for an external candidate). If you are chummy with the Sr management this IJP will be as easy as a kindergarden interview else the complexity can even surpass IAS UPSC interview.
3) absolutely no onsite . Only onsite would be to Chennai/Gurgaon that too requiring approval upto Division/ country head and what not.
4) huge salary disparity - very much possible that a manager earning less than his subordinate

Advice to Senior ManagementDont touch the pros
Repair the cons

– I'm not optimistic about the outlook for this company

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Review of RBS

Anonymous Employee (Current Employee)

I have been working at Royal Bank of Scotland

ProsGood people around in the bank

ConsUnstable & Uncertain of future

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Poor culture letting it down

Human Resources Business Partner (Current Employee)
Edinburgh, Scotland (UK)

I have been working at Royal Bank of Scotland full-time for more than 3 years

ProsScale! Access to good resources and development. Fantastic HQ building with good flexible working policies. Has potential for good internal career development once you are in the door. Good overall compensation.

ConsHigh blame culture, politics at Senior Manager level. Paying lip service to employee engagement. The silo mentality means its difficult to get things done.

Advice to Senior ManagementLive the values and cut down silo's

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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HR BP

Human Resources BP (Current Employee)
London, England (UK)

I have been working at Royal Bank of Scotland full-time for more than 5 years

ProsPeople - respectful working environment

Conscompany on a downward trend since recession

Advice to Senior ManagementStop, think, Act

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at Royal Bank of Scotland reviews and ratings — including employee satisfaction and approval rating for Royal Bank of Scotland CEO Ross McEwan. All 112 reviews posted anonymously by Royal Bank of Scotland employees.