Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated January 28, 2015
Updated January 28, 2015
831 Reviews
3.1
831 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
113 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

159 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great pay but limited small minded leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Associate in New York, NY
    Former Employee - Human Resources Associate in New York, NY

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

    Pros

    I worked at RBS in their New York office. I really liked the people I worked with and looked forward to having an illustrious career there. One of the benefits to limited leadership is the opportunity to develop yourself.

    Cons

    Your career can be stunted as management is really petty and there is no real structure for succession planning. HR sucked and all the prime benefits went to the UK expats. Management didn't listen to employees about developing the company and how to grow a better firm.

    Advice to ManagementAdvice

    Develop your employees.

    Doesn't Recommend
    Negative Outlook
  2.  

    Preparing to be shuttered in the US

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

    I have been working at Royal Bank of Scotland

    Pros

    Generally collegial environment
    Lots of space to spread out
    Flat hierarchy

    Cons

    Retrenching across profitable business lines
    Lack of transparency from leadership
    US is treating as a weak satellite of UK / EMEA operations in all respects

    Advice to ManagementAdvice

    Close US MIB and repatriate capital to the UK

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    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
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  5. 1 person found this helpful  

    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
  6.  

    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..

  7.  

    compliance analyst

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

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

    Pros

    Stable group - Compliance will never be cut due to current financial laws and regulations.

    Cons

    Repeats itself, not much room for advancement,

    Advice to ManagementAdvice

    more incentives

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8.  

    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 a 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
  9. 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
  10.  

    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 a 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
  11.  

    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

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