Royal Bank of Scotland

  www.rbs.com
  www.rbs.com

Royal Bank of Scotland Reviews

Updated November 26, 2014
Updated November 26, 2014
771 Reviews
3.1
771 Reviews
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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

145 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Office Closing

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

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

    Pros

    They gave some 3 months notice, and others up to 6 months.

    Cons

    200 employees looking for work

    Advice to ManagementAdvice

    Communication is key to success

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Mixed experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    I got a chance to work with highly talented technical experts.. The camaraderie between team members was good.

    Cons

    Too much bureaucracy and conflict with global counterparts.. Any project decision took ages to be finalized.

    Advice to ManagementAdvice

    A little thought should be given for company's welfare rather than job preservation..

  3.  

    Poor culture overall except for legal dept which has smart ethical dedicated lawyers and staff

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

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

    Pros

    People, location, gym, benefits

    Cons

    Culture, bullying, low morale, poor rewards, nearly impossible to be promoted

    Advice to ManagementAdvice

    Treat employees as you say you want to treat customers. Value and appreciate human capital

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Demeaning

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

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

    Pros

    The pay considering what you're doing is fine.

    Cons

    Low level management is sloppy and terrible.
    Pay is below industry average
    No chance of pay increase

    Advice to ManagementAdvice

    Compensation compensation compensation

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    If you want to grow, do not apply

    • 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 full-time (more than 10 years)

    Pros

    Work life balance, still have a job and the check didn't bounce.

    Cons

    No raises, little to no promotion, HR is not engaged, overall morale, over abundance of red tape and approvals, chasing pennies while watching the dollars walk out the door. Everything will be UK focused going forward so the US operations will shrink.

    Advice to ManagementAdvice

    Breakup the company

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    I would stay away from this company

    • 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 full-time (more than an year)

    Pros

    Stamford office is state of the art and the staff is very friendly.

    Cons

    Commute, Poorly managed areas and senior management constantly change gears...hard to see the direction of the company because of this.

    Advice to ManagementAdvice

    Learn how to manage and not micro manage employees and put into place options Work from home flexibility.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Not the perfect place to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    You are given some freedom

    Cons

    The managers do whatever they want do, and they sweet talk you, but will never protect you..they will do illegal stuff, but will clip you if you do it because it benefits them

    Advice to ManagementAdvice

    Care more about existing clients service, not just signing up new PREYs

  9.  

    Supplier Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Contract Manager in Edinburgh, SC
    Current Employee - Contract Manager in Edinburgh, SC

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

    Pros

    Nice Surroundings
    Flexible working
    Flexible benefits can be taken as cash

    Cons

    Too much focus on cost and not enough on service. Employees and Customers are not listened to - how can a bank be restored without the people and customers to do it.

    Advice to ManagementAdvice

    Every person working at RBS are also customers - this fact is overlooked!

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Making the best of a bad situation

    • 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 full-time

    Pros

    1. The people are generally quite friendly.
    2. Management makes an effort to keep staff informed of new business strategies and developments.
    3. Bank has a commitment to diversity and respect for others.

    Cons

    1. After 5-6 years of losses, layoffs, a constant stream of bad press, and being forced to "do more with less", the staff are demoralized and exhausted - and looking for other opportunities elsewhere.
    2. Business strategy keeps changing and nothing ever seems to work.
    3. Compensation levels (especially bonuses) are far below those of its competitors.
    4. Organization is too bureacratic and unwieldy.
    5. Too many policies and procedures to keep track of and comply with.
    6. Too many computer tools and applications to keep track of and learn how to use.
    7. Perks and benefits are below par (e.g., the company match on the 401-K doesn't kick in until after one full year of employment).
    8. Bank is more reactive than proactive and always seems to be in damage-control mode.

    Advice to ManagementAdvice

    Find a strategy that will work and keep this ship from sinking...

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

    Pass on this place if your motivated...

    • 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

    - vacation time; other benefits
    - office location if you live in conn or nearby in ny

    Cons

    - uk power centric and very political and bureaucratic. Change is not simple and voice from other regions is not heard or executed on.
    - separation of bonus compensation between have's(each business line and its staff, senior management across all lines) and have-nots (finance, operations, IT, etc..) which results in low morale and unmotivated people
    - people leaving and slots are not filled and responsibilities absorbed to already stretched staff or hiring more poorly skilled and unmotivated individuals.

    Advice to ManagementAdvice

    Please go ahead and break up the company and let investment bank actually be an investment bank so it can be competitive. Otherwise you will continue to see people leaving and no one talented coming back...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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