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
Rating Trends

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Approve of CEO
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

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  1.  

    very very very UK centric

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

    Pros

    benefit packages(outside of compensation)
    new building and facilities in US
    few very bright and competent people

    Cons

    business is centred around UK decision makers. There global businesses who do not have empowerment locally to take advantage of local economies.

    bad leadership results in bad attitude with subordinates and thus we have bad business results and thus being the mess they are in.

    no bonus 2 years running for non-money makers (finance,IT,operations,etc)

    Advice to ManagementAdvice

    reward all who sacrifice they're personal time for sake of good of company.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Lot of learning experience, no clear job growth plan.

    • 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

    Lot of learning opportunity. Lot of new projects going on.

    Cons

    Long hour of work. No clear growth plan.

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

    It was okay, the company still has a lot of catching up to do technology wise.

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

    I worked at Royal Bank of Scotland

    Pros

    Good benefits, decent pay, new building

    Cons

    Managers don't support promoting employees, no work/life balance, people work like zombies there.

    Advice to ManagementAdvice

    Give your employees a break sometimes!

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


  5. 1 person found this helpful  

    Low Morale

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

    I have been working at Royal Bank of Scotland

    Pros

    Excellent work life balance -- lots of vacation time and short hours for wall street (~60 hours week); Generally nice managers and coworkers; well respected energy banking group and traders

    Cons

    Commute to Stamford; All bonuses are deferred for 3 years; harder to win deals with mediocre bankers and a mid-tier name; focus on debt with very little M&A or equity capabilities

    Advice to ManagementAdvice

    People are unhappy about the commute, so reward them with other perks (and street level pay, which means not deferred)

    Doesn't Recommend
    No opinion of CEO
  6.  

    OK; would not recommend.

    • 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

    - OK work/life balance.
    - Fitness center in the building.
    - Ergonamically friendly work environment.

    Cons

    - Location, location, location!!! - Stamford, CT.
    - Management has no or very little leadership traits.
    - Compensation is not consistent accross orgnanization.
    - Motivation is low.

    Advice to ManagementAdvice

    Advice to Sr. Management: restructure management.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Tasking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Services Officer in London, England (UK)
    Former Employee - Customer Services Officer in London, England (UK)

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

    Pros

    The joy of helping customers out

    Cons

    Very sales focused, not employee focused

    Advice to ManagementAdvice

    Show more concern for staffs

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

    Not the right company to start your career

    Former Employee - Software Engineer in Gurgaon, Haryana (India)
    Former Employee - Software Engineer in Gurgaon, Haryana (India)

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

    Pros

    Graduate Training Program is great and lot of support from people.

    Cons

    Peers are not great, you may get poor quality work depending upon the team(few good teams only), slow progress as evident in any big company.

  9.  

    Poor management

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

    I have been working at Royal Bank of Scotland

    Pros

    Flexibility and stability. No more than that.

    Cons

    Very bad lower level management.

    Doesn't Recommend
    Negative Outlook
  10.  

    Saps any positivity out of you

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

    Well paid but tying itself in knots around the risk management frameworks. Pleasant offices to work in, on the whole. great location in central london

    Cons

    Bureaucratic and authoritarian the closer you get to capital markets businesses. conservative in decisions around back office functions, unless there's an immediate cost benefit to the front line businesses.

    Advice to ManagementAdvice

    look further ahead and sacrifice some short-term gains for longer-term returns and brand loyalty. loosen the reins to allow customer-facing staff to do what's right for the customer.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Great Place to Learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst in New Delhi (India)
    Former Employee - Operations Analyst in New Delhi (India)

    I worked at Royal Bank of Scotland as a contractor (more than a year)

    Pros

    You can learn a lot

    Cons

    Poor Remuneration.. slow management.. lack of communication

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
    Approves of CEO

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