Royal Bank of Scotland Reviews

Updated August 19, 2015
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
36 Ratings

Pros
  • The work life balance here is very good (in 194 reviews)

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

Cons
  • No work/life balance Long hours (in 19 reviews)

  • Senior management need to be reviewed (in 30 reviews)

More Pros and Cons

107 Employee Reviews

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  1. The pursuit of mediocrity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Desk Support in Stamford, CT
    Current Employee - Treasury Desk Support in Stamford, CT
    Doesn't Recommend
    Negative Outlook

    I have been working at Royal Bank of Scotland full-time (More than 5 years)

    Pros

    The security guards are nice

    Cons

    How much time do you have?

    Advice to Management

    Start taking performance seriously and hold employees accountable at all levels of the organization


  2. Uncertainity at RBS

    Current Employee - Director and Head in Sleepy Hollow, NY
    Current Employee - Director and Head in Sleepy Hollow, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Not the best place to work right now, as RBS is in the process of winding down their businesses in the U.S. and around the world.

    Cons

    The business outlook for the next 1-2 years is negative. No communication between the senior management and employees.

    Advice to Management

    In times of uncertainty within the bank, the senior management need to have better communication and transparency to keep up employees' morale.


  3. Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    Good work-life balance. Some European type benefits, like paid time off, are much better than similar US companies. Good 401k matching structure as they deposit matching funds on each paycheck.

    Cons

    The U.S. subsidiary is being massively downsized. UK centric control marginalizes the regions. Government ownership and complete regulator control drives business decisions. Very slow to implement changes. No one makes decisions and no one knows or communicates what is going on in a very turbulent and troubling time

    Advice to Management

    Decide what to do in a timely manner and execute. Stop creating new 5 year plans every year. Stop creating new slogans and cultures every few years.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Good people and facilities here

    Cons

    Very non competitve pay, it's embarassing

    Advice to Management

    Pay competitively, no where near competition


  6. Good till the end.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Operations
    Former Employee - Vice President Operations
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    close to home less than 20 min commute

    Cons

    management is clueless and they do not provide enough feeback.

    Advice to Management

    Be hones and upfront with employees.


  7. Poorly run, going out of business

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    nice office, smart coworkers, good benefits

    Cons

    the worst run of all the major investment banks. pay is at the lower end of the range as well


  8. Byzantine, bureaucratic, backward, and abominably boring.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    They pay on time. They have lots of financial (and therefore other) resources.

    Cons

    The most talented people mostly left in the aftermath of the financial crisis. The folks who are still there a hanging on to earn a paycheck. Internal communication is extremely poor - especially across divisions. Management is ossified. Decision-making is slow; often, no one wants to go out on a limb for fear of being wrong. Their technology stack is irretrievably backward.

    Advice to Management

    Start from scratch. Top management needs to lead. Force divisions to communicate with each other. Throw out your tech stack and start over. Get rid of deadwood - you could axe 50% of staff and no one would notice.


  9. Royal Bank of Scotland Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - RBS Analyst in Salt Lake City, UT
    Current Employee - RBS Analyst in Salt Lake City, UT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Office Culture, time-off policies, leadership

    Cons

    Promotion, benefits, company values, perks

    Advice to Management

    Promotion, benefits, company values


  10. Helpful (1)

    Extremely unpleasant place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice cafeteria and chef Very nice facilities

    Cons

    Have a lot of people who have been there for a long time who are extremely unpleasant and become riled if you ask questions. New hires beware Management behaves unprofessionally Little or no bonuses

    Advice to Management

    Need to shake things up in Stamford.


  11. Deception at the top

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Royal Bank of Scotland full-time (More than 8 years)

    Pros

    Proximity to housing in Fairfield County

    Cons

    Leadership - no authority in the US to do anything Strategy - no ability to enact strategy and no courage to make the right calls Business - limited ability to make the bank anything more than weak commercial bank platform Talent - leaving as quickly as possible

    Advice to Management

    Retire and move back to Ridgewood, NJ



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