Royal Bank of Scotland Reviews

Updated April 16, 2015
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326 Employee Reviews

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  1. Helpful (1)

    Shrinking US presense

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

    I have been working at Royal Bank of Scotland as a contractor (more than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Great headquarter building. Young management team.

    Cons

    Location, work life balance, company in transition

  2. Bank that is not doing too well- lookong ahead to shave about a fourth of the workforce

    • 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 3 years)

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

    Pros

    Good people, good buildings and facilities

    Cons

    outmoded technology, poorly run organization, constantly getting fined for legal and procedural violation, constantly bleeding money. threat from the parliment in UK, means bad bank with no pay increases, bonus or any acknowledgement of merit.

  3. Change and more change.

    • 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 5 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    There's a lot of work to be done to put the business back on track, so there are plenty of opportunities for personal growth/development. Leadership is strong in certain areas.

    Cons

    Lots of uncertainty for the future of the business. Press indicates significant downsizing is possible. Has been subject of negative press for the last 5 years and will no doubt be the subject of negative press for years to come. Hard company to be proud of working for.

    Advice to Management

    Every year it feels like the strategy is changing - make significant changes and get it right, instead of lots of small strategic shifts that have little/no overall impact.

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  5. Good comp ,vague leadership

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

    I worked at Royal Bank of Scotland

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    comp, benefits, hours, location, employees

    Cons

    managers, workload, work vs life balance

    Advice to Management

    take initiative, do not be so politically correct

  6. Not a lot of room for growth. Most of the management is in Stamford and not a lot of promotion opportunities in SLC.

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great work-life balance. I never worked more than 40 hours per week. Good time off and new parent leave benefits.

    Cons

    management is all in stamford

  7. I worked with a great group of professionals

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

    I worked at Royal Bank of Scotland as a contractor (more than 3 years)

    Pros

    Great opportunity to be exposed to new projects and new ideas. Easy to take a leadership role and get feedback on performance.

    Cons

    The culture does not encourage decision making. There are far too many hoops and processes to jump through for the simplest of decisions.

  8. Helpful (1)

    Challenging

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

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    High turnover therefore opportunities to step up and learn abound. Easy access to senior management if you are willing to put in work.

    Cons

    Poor pay, no raises or bonuses. Terrible commute from NYC. Bureaucracy.

    Advice to Management

    Compensation needs to be improved.

  9. Royal Bank of Scotland could be better.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    Huge Global Presence, many branches

    Cons

    No opportunities for growth or development at present.

  10. Helpful (1)

    Great place to get your foot in the door

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Taylorsville, UT
    Current Employee - Operations Analyst in Taylorsville, UT

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    -Competitive starting salary with excellent benefits package
    -Excellent experience with a company that seeks recent college graduates
    -Opportunity to learn valuable skills in international banking

    Cons

    -Company performance still suffering from financial crisis
    -Limited opportunities to move up the ladder
    -Operations last chosen to receive any financial increases

  11. London driven, weak local management, poor strategy, but good people

    • 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 8 years)

    Negative Outlook
    Approves of CEO
    Negative Outlook
    Approves of CEO

    Pros

    Good people, common purpose, good balance

    Cons

    Poor leadership, no strategy, infighting

    Advice to Management

    Choose a direction, move forward

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