Royal Bank of Scotland Reviews

Updated June 26, 2015
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
27 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

195 Employee Reviews

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  1. Don't be tempted. Do your research

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

    I have been working at Royal Bank of Scotland full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Benefits are good, especially health insurance. Most people are friendly and try to be helpful

    Cons

    I would Google the company and then infer what the culture is like here. Yes, that bad.

    Headcount is aggressively being reduced. They are looking for any reason to fire people.

    Advice to Management

    All the spin in the world doesn't help. Morale is bad here. I would say more but what is the point.


  2. Implementation

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

    I worked at Royal Bank of Scotland

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Generous vacation policy, low pressure. Company still has amazing products that are legacy from ABN Amro days.

    Cons

    Not committed to business. Closing up shop in scores of countries. No growth potential for existing employees.

    Advice to Management

    Focus on a sustainable path to profitability to ensure that you can retain a multitude of talented employees by A) compensating them fairly B) Treating them with respect


  3. Vice president

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Gained valuable experience in seven years

    Cons

    Wind down. Compensation flat for several years


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


  5. Helpful (1)

    VP

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

    I worked at Royal Bank of Scotland

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    In general, the people working there are good to work with. They recognize good performance and contribution.

    Cons

    Primary is the issues with the ownership of the bank. Downsizing has been ongoing

    Advice to Management

    Provide the most clear outlook for the future for the people still there.


  6. Helpful (1)

    Underwhelmed

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

    I worked at Royal Bank of Scotland full-time

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Nice building with great entities. Laid back attitude shared by all staff levels where getting work done is not a priority. Work life balance very manageable.

    Cons

    Company has been operating basically bankrupt for years but doing everything possible to act like they're not until year end review time when they remind you how bad the company is doing and why you get no raise/bonus/promotion because of it.

    Advice to Management

    Wake up and accept the situation the company is in


  7. Desktop Support Technician

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

    I worked at Royal Bank of Scotland (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good learning experience, nice building, talented people

    Cons

    No advancement, no opportunity, no bonuses or raises years in a row.

    Advice to Management

    Take care of your good employees


  8. SPM

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Consultant - Business Analyst/Senior Project Manager in Matthews, NC
    Current Contractor - Consultant - Business Analyst/Senior Project Manager in Matthews, NC

    I have been working at Royal Bank of Scotland as a contractor (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great people work there now, but will be let go over the next few months.

    Cons

    The company is constricting and they are pulling out of the investment banking business.


  9. Helpful (1)

    Director

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Nice people, nice building amenities

    Cons

    Downsizing operations. The offic building is like a ghost town.

    Advice to Management

    Be honest with employees


  10. People and culture are great.

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

    I have been working at Royal Bank of Scotland

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great culture. Great people and work environment. You are able to move internally and solid work life balance.

    Cons

    Not good pay and barely any bonus and lowest compared to other banks. Slowly exiting US and Asia. Exiting many businesses so learning is not the greatest.

    Advice to Management

    Not much they can do. Really just try to keep people happy which I found is done in most groups.


  11. Helpful (1)

    RBS Securities

    Former Employee - Director in Stamford, CT
    Former Employee - Director in Stamford, CT

    I worked at Royal Bank of Scotland

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Work-life balance is great, benefits are average. Stamford location is great if you live in Connecticut. They have their own duty-free shop on the 8th floor, which is nice.

    Cons

    Uncertain future, never try to park your car in the garage after 9:30am, although that might be getting better with all the lay offs.

    Advice to Management

    Make up your mind on the US Investment Bank strategy, clearly convey it to the employees and move on!



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