Royal Bank of Scotland

  www.rbs.com
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Royal Bank of Scotland Reviews

Updated Jul 10, 2014
All Employees Current Employees Only

3.1 665 reviews

67% Approve of the CEO

Royal Bank of Scotland Group Chief Executive Ross McEwan

Ross McEwan

(42 ratings)

54% of employees recommend this company to a friend

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here (in 163 reviews)

  • Nice work environment at Stamford CT, state of the art building and work spaces (in 33 reviews)


Cons
  • Work life balance is pathetic for some departments (in 16 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears (in 27 reviews)

More Highlights
55 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    RBS not good to work for!

    Anonymous Employee (Former Employee) Stamford, CT

    Prosnot a good employee at all!

    Consmanagement is extremely poor, 'clicky' department

    Advice to Senior Managementneed to take more time to engagement and listen to employees

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Disappointing experience

    Anonymous Employee (Current Employee) Stamford, CT

    ProsOffice location and some of the people

    ConsNo room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Sinking Ship

    Anonymous Employee (Current Employee) Salt Lake City, UT

    ProsThe employee benefits are really good, but that is about all

    ConsManagement is terrible, no vision. The analogy of the Titanic sinking and the crew organizing the deck chairs is very fitting for this company. I have not received a raise or a bonus since I started.

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

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Career dead end

    Vice President (Current Employee) Stamford, CT

    ProsThere are a lot of nice and quality people there.

    ConsVery depressing culture. Morale is awful and getting worse.

    Advice to Senior ManagementTreat people like professionals and don't just offer bonuses to the few; this creates a dual class org structure - the haves and the have nots

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Risk Management

    Vice President (Current Employee) Stamford, CT

    ProsThe Bank has a very good group of people, but it is losing them to the competition as it is failing to keep up with compensation. (4 Years without bonus and salary increase)

    ConsNo Annual salary increase
    No bonus
    No promotions

    Advice to Senior ManagementReward your people or keep watching them walk out the door......

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Government ownership affecting Morale and Comp and in fine it's a negative drag on personal dev. and quality of work

    Associate (Current Employee) Stamford, CT

    ProsRelatively High Base Salary. Good presence in the fixed income and wholesale markets which offers an edge in client relationships.

    ConsLow morale, teamwork or focus on developing junior members. Low to nonexistent bonus. Reverse commute to Stamford (total of 2hrs a day).

    Advice to Senior ManagementHigher focus on personal and career development of Analysts, Associates and VPs. Break down of bureaucracy barriers. More morale boosting initiatives, and more focus on clients and revenue generation / synergy creation to balance out the flooding of new compliance initiatives.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    What a joke

    Anonymous Employee (Current Employee) Stamford, CT

    ProsA paycheck that doesn't bounce.

    ConsExtreme bureaucracy, no career development, senior leadership disconnected with what is really happening, and no long term goals

    Advice to Senior ManagementStreamline the reporting structures, empower your employees and walk the walk instead of just talk about it.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    4 people found this helpful  

    Worst Work Experience of My Life!!! Possible Employees Beware!!!

    Manager (Former Employee) Salt Lake City, UT

    ProsGood starting base pay, and work life balance. That's about it.

    ConsHorrible Management, Culture (i.e. Nobody cares about their job). Very petty work environment. No direction from Upper Management.

    Advice to Senior ManagementHires more competent Directors, V.P.s, etc.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    If you like constant transitions and a creaky foundation, look no further

    Director (Former Employee) Stamford, CT

    ProsGreat people
    Location in Stamford was great since I lived in the 'burbs

    ConsLocal management afraid/unable to make tough decisions
    Senior management in London make all the calls
    Few people really have your back regardless of how much value you added.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Perhaps the worst work experience of my life.

    Anonymous Employee (Former Employee) Stamford, CT

    Pros* Nice building
    * Some perks
    * Some decent hardworking people

    Cons* Gossipy / backstabbing behavior is encouraged
    * Transfers between departments are shunned
    * Don't end up on anyone's hit list... you'll be gone before you can say "haggis"

    Advice to Senior ManagementTake a good look at who's managing the place. You'll find the inmates are running the asylum.

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

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