Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated January 23, 2015
Updated January 23, 2015
827 Reviews
3.1
827 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
111 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

70 Employee Reviews Back to all reviews

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  1. 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 a 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
  2. 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
  3. 2 people found this helpful  

    Perhaps the worst work experience of my life.

    • 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 full-time (more than a year)

    Pros

    * Nice building
    * Some perks
    * Some decent hardworking people

    Cons

    * Gossipy / backstabbing behavior is encouraged
    * Transfers between departments are shunned
    * Don't end up on anyone's hit list... you'll be gone before you can say "haggis"

    Advice to ManagementAdvice

    Take a good look at who's managing the place. You'll find the inmates are running the asylum.

    Doesn't Recommend
    Negative Outlook
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  5.  

    Worst work experience of my life... No Joke!!!

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

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

    Pros

    Starting salary was very aggressive & competitive.
    Good training program.

    Cons

    Director & VPs (i.e. Management). Talk about incompetent. Decisions are not based on performance. Rather, they are made on pure emotion with no logic or backing. I have never been treated so poorly in my life by an employer. The whole Management team, starting at the top, have their head-up their a@#es.

    Advice to ManagementAdvice

    Get a new job as an Analyst in a dark basement far far away.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Horrible place to work at. People cannot leave quick enough

    • 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 full-time (more than 5 years)

    Pros

    Benefits are ok.
    Office in Stamford is nice. Cafeteria offers a large variety of food for breakfast and lunch, not cheap but quality is ok.

    Cons

    Atmosphere is toxic. People are just waiting to be fired or to find a new job outside RBS. If the job market was better the building would be empty.
    Bank is basically run by the UK government and it shows.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    No growth prospect

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

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

    Pros

    Greenwich capital used to be a great company. Since it was acquired by RBS, the culture has changed and it is hard to see any pros

    Cons

    The company has no growth prospect: the business is shrinking, people are leaving, bonuses are gone and it is hard to see how the company will reimburse the UK government. New grads come and go as they realize the grim outlook.

    Advice to ManagementAdvice

    Fire half the people, double the pay for the one who stay and productivity will come back... without incentive don't expect to get anything from your employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Just plain awful!

    • 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

    Pros

    Compensation and 401k were good

    Cons

    Slave drivers with no thought to employee's concerns

    Advice to ManagementAdvice

    The HR Director should stop worrying about the right season to wear open toe shoes and learn about human capital management and employment law

  9. 1 person found this helpful  

    Unfortunate place to work that I would not recommend to anyone.

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

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

    Pros

    Benefits besides pay.
    There are a few good people but most everyone has blinders on and can't think outside the box.

    Cons

    Lack of leadership or accountability.
    Do not listen to employee feedback.
    Do not care of career path and could care less if you leave
    Senior Management is disconnected from what is actually going on.

    Advice to ManagementAdvice

    Need a changing of the guard and need to streamline processes.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Frustrating, involved lots of work and no recognition.

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

    I worked at Royal Bank of Scotland

    Pros

    There are some bright people and the facility is a very comfortable place to work.

    Cons

    They are so hindered by their failures that they can not afford to hire people but rely on contractors.

    Advice to ManagementAdvice

    It is broken and unlikely to really ever be fixed. I had never seen the word impariment in a financial statement before I worked at RBS. Thanks for the painful education.

    Doesn't Recommend
  11. 1 person found this helpful  

    Regretful experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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

    Pros

    Great benefits and very laid back culture.

    Cons

    Management lacks leadership experience and is unapproachable

    Doesn't Recommend
    No opinion of CEO

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