Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated January 26, 2015
Updated January 26, 2015
829 Reviews
3.1
829 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

287 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Good expereince work wise, but a lot of uncertainty in most US locations excluding Stamford, CT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Prime Brokerage Analyst in Chicago, IL
    Former Employee - Prime Brokerage Analyst in Chicago, IL

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

    Pros

    Fast paced enviornment, great co-workers.

    Cons

    Lack of long term outlook in some areas

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Career opportunities in a very challenging environment

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

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

    Pros

    Good career development opportunities.
    Very good work/life balance.

    Cons

    A lot of uncertainty at this point in time.

    Advice to ManagementAdvice

    Clearer and assertive communication. No sugar coating.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Very Political environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

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

    Pros

    Good salaries and benefits and great co-workers

    Cons

    Very political and little room for advancement

    Advice to ManagementAdvice

    Open the doors for advancement to everyone

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Great company to work with

    • 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 full-time (more than a year)

    Pros

    Management hears you out whenever required

    Cons

    Salaries needs to be better negotiated

    Recommends
    Neutral Outlook
  6. 2 people found this helpful  

    Just work, (be content that you have a job, be quite, oh…and please work a little more)

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

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

    Pros

    Good starting pay and good experience for your next job.

    Cons

    2 years with no pay raise or bonus. Most of my co-workers feel like you just need to do your job, make no mistakes. That said very few have any incentive to do more as there is no pay incentive to do so,...and the boss knows that, so he will ask you to do more... in a nice British way.

    Advice to ManagementAdvice

    I know the Queen owns us, but please share some of the wealth from our labors.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Nice area to work

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

    I have been working at Royal Bank of Scotland as an intern (less than a year)

    Pros

    Good Environment
    Nice people
    Smart people

    Cons

    Career Advancement/ Salary Advancement
    Low salary

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Lack of clear direction

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

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

    Pros

    Good name to have on your resume
    Good professionals, coworkers

    Cons

    Dwindling bonuses
    Dependency on UK Tax Payers' sensitivity
    The bank is driving talented people and key SMEs away

    Advice to ManagementAdvice

    If I say this, I could be identified, so I won't say it until I am somewhere else.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9. 2 people found this helpful  

    Good bank gone bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 5 years)

    Pros

    Nice work environment at Stamford CT, state of the art building and work spaces. Excellent Gym and cafeteria @ work. Good company with a lot of charity & volenteer work. Work place is a conveniently across from the train station.

    Cons

    Bad management moves of outbidding to buy the bad bank ABN Amro, and other bone headed acts like the Libor scandal has doomed the bank. Dont expect to see a bonus or a pay rise for years and years to come, unless you sign with a signup agreement. Will be 85% owned by the British goverment and have no real freedom to act as a commercial bank for a very very long time,

    Advice to ManagementAdvice

    Screwed up a real good bank with top management greed and short sightedness

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Don't recommend

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

    I worked at Royal Bank of Scotland full-time (more than 3 years)

    Pros

    Very large international company, lots of room to move around to other opportunities. Many friends were able to be relocated from Connecticut to Atlanta within the companies.

    Cons

    Very bearucratic, back stabbing to get to the top. Typical big company corporate culture where you can't speak up against your manager without your job being on the line even if what you had to say would help improve things.

    Doesn't Recommend
    No opinion of CEO
  11.  

    Good company, future growth story hindered.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 3 years)

    Pros

    Entrepreneurial Spirit, seasoned professionals can excel in a more relaxed environment.

    Cons

    Institutional inertia hindering growth currently.

    Recommends
    Negative Outlook

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