Royal Bank of Scotland

  www.rbs.com
  www.rbs.com

Royal Bank of Scotland Reviews

Updated November 10, 2014
Updated November 10, 2014
771 Reviews
3.1
771 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
87 Ratings

Review Highlights

Pros
  • Potential to give excellent working oppurtunities and help main the work-life balance (in 194 reviews)

  • I found the work environment to be very friendly and encouraging (in 40 reviews)


Cons
  • Work life balance used to be good here but now it's extremely demanding (in 19 reviews)

  • Senior management never follows thru with ideas or current business plan (in 30 reviews)

More Highlights

63 Employee Reviews Back to all reviews

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  1.  

    COB Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Management in Maumee, OH
    Former Employee - Branch Management in Maumee, OH

    I worked at Royal Bank of Scotland full-time (more than an year)

    Pros

    Pay and benefits were decent

    Cons

    Management has not vision of employee's needs either personal or work related. Staffing is too sparce

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    poor decision making by Senior managment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Salt Lake City, UT
    Current Employee - Senior Analyst in Salt Lake City, UT

    I have been working at Royal Bank of Scotland full-time (more than an year)

    Pros

    hours are not as long as other investment banks

    Cons

    Management is very poor. They do not care about the employees

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    RBS not good to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT

    I worked at Royal Bank of Scotland as an intern (less than an year)

    Pros

    not a good employee at all!

    Cons

    management is extremely poor, 'clicky' department

    Advice to ManagementAdvice

    need to take more time to engagement and listen to employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Disappointing experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT

    I have been working at Royal Bank of Scotland (more than an year)

    Pros

    Office location and some of the people

    Cons

    No room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.

    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Sinking Ship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT

    I have been working at Royal Bank of Scotland full-time (more than an year)

    Pros

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

    Cons

    Management 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.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Career dead end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Stamford, CT
    Current Employee - Vice President in Stamford, CT

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

    Pros

    There are a lot of nice and quality people there.

    Cons

    Very depressing culture. Morale is awful and getting worse.

    Advice to ManagementAdvice

    Treat 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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Risk Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Stamford, CT
    Current Employee - Vice President in Stamford, CT

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

    Pros

    The 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)

    Cons

    No Annual salary increase
    No bonus
    No promotions

    Advice to ManagementAdvice

    Reward your people or keep watching them walk out the door......

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Stamford, CT
    Current Employee - Associate in Stamford, CT

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

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Higher 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 5 people found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Salt Lake City, UT
    Former Employee - Manager in Salt Lake City, UT

    I worked at Royal Bank of Scotland full-time (less than an year)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Hires more competent Directors, V.P.s, etc.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Stamford, CT
    Former Employee - Director in Stamford, CT

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

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

    Cons

    Local 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.

    Doesn't Recommend
    Negative Outlook

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