Royal Bank of Scotland

  www.rbs.com
  www.rbs.com
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Royal Bank of Scotland Reviews

Updated September 1, 2014
Updated September 1, 2014
696 Reviews
3.1
696 Reviews
Rating Trends

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Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
52 Ratings

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here (in 163 reviews)

  • Nice work environment at Stamford CT, state of the art building and work spaces (in 33 reviews)


Cons
  • Work life balance is pathetic for some departments (in 16 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears (in 27 reviews)

More Highlights

132 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Senior Product Manager

    • 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

    Pros

    Changing culture, new management , too many managers

    Cons

    No Structure, legacy culture, slow change

    Doesn't Recommend
    Negative Outlook
  2.  

    No Motivation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Legal Intern  in  Karāchi (Pakistan)
    Former Employee - Legal Intern in Karāchi (Pakistan)

    I worked at Royal Bank of Scotland as an intern for less than a year

    Pros

    Organized structure of the company

    Cons

    Employees are demotivated and boxed in.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    RBS employees are least paid as per market standard.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Process Associate  in  New Delhi (India)
    Current Employee - Senior Process Associate in New Delhi (India)

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

    Pros

    You get to work very jolly, friendly and good set of people who would make you feel at home in office too. Work culture is slightly better. Food.

    Cons

    First thing is salary - Avg package 2.27 lakh(House maid salary ), They are on the verge of implementing only drops and no pickups in transport. Too many system incidents leads to surge of workload. Work life balance is pathetic for some departments. Too much politics in appraisal and no proper reward and recognition for hard workers. No growth plans for employees except rare management pets and no retention policy.

    Advice to ManagementAdvice

    Clean up the politics. Stop lying to your employees that you are paying as per market standards. Ensure common standards in pay and benefits across the group (Even Grade 2 is earning 2.71 while Grade 3 earns 2.83). Appraisals should be fare. Better retention policies and please stop reduction of facilities like transport which is one major criteria for joining RBS as such low package rates.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Good Work life balance, low pressure but almost zero growth opportunities

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

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

    Pros

    Transport Facility, Low work pressure, Good Work Life balance and lots of leaves

    Cons

    Rest Everything is pathetic!
    1. Compensation is much below the Industry Standards
    2. Your Manager decides your future (Always say Yes Boss, then only expect something good)
    3. In case you resign, you are treated as a step son (all your privileges are withdrawn, even your yearly bonus, which itself is worthless figure)
    4. 360 degree review is discouraged
    5. Personal growth is almost nil (Expect a promotion at least after 5-6 years)
    6. Management least concerned about employees issues/grievances.

    Advice to ManagementAdvice

    Take care of your employees, their concerns, and at least pay as per industry average.
    Need to work on your management hierarchy.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Good work life balance thats it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Specialist  in  Gurgaon, Haryana (India)
    Current Employee - Technical Specialist in Gurgaon, Haryana (India)

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

    Pros

    After spending a large amount of time, one tends to get cynical with an organization, so let me try and put up and impartial view of the org. Main pros

    1) work life balance: 8-5 working hours mean 8-5 thats it.
    2) cab facility :- free cab service in NCR
    3) decent salary structure.

    Cons

    Ok this is the dicey part being an old timer I might be cynical and give bitter views so I will try to be rational and balanced.

    Cons

    1) being a captive of a stagnant business, there is absolutely no growth over here.
    2) internal promotions are non existent. A policy called IJP which involves an interview(just like for an external candidate). If you are chummy with the Sr management this IJP will be as easy as a kindergarden interview else the complexity can even surpass IAS UPSC interview.
    3) absolutely no onsite . Only onsite would be to Chennai/Gurgaon that too requiring approval upto Division/ country head and what not.
    4) huge salary disparity - very much possible that a manager earning less than his subordinate

    Advice to ManagementAdvice

    Dont touch the pros
    Repair the cons

    Negative Outlook
    Approves of CEO
  7.  

    Review of RBS

    • 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

    Good people around in the bank

    Cons

    Unstable & Uncertain of future

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

    Poor culture letting it down

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources Business Partner  in  Edinburgh, Scotland (UK)
    Current Employee - Human Resources Business Partner in Edinburgh, Scotland (UK)

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

    Pros

    Scale! Access to good resources and development. Fantastic HQ building with good flexible working policies. Has potential for good internal career development once you are in the door. Good overall compensation.

    Cons

    High blame culture, politics at Senior Manager level. Paying lip service to employee engagement. The silo mentality means its difficult to get things done.

    Advice to ManagementAdvice

    Live the values and cut down silo's

    Doesn't Recommend
    Negative Outlook
  9. 1 person found this helpful  

    Don't bother applying, redundancies are rife!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Banking  in  Farnborough, Hampshire, South East England, England (UK)
    Former Employee - Private Banking in Farnborough, Hampshire, South East England, England (UK)

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

    Pros

    The company doesn't know it's behind from it's elbow, a crack head with no education would suggest better change stratagies than most of the senior management team.

    Lowest paying bank

    Bonus structure virtually impossible and can be impacted by performance of other staff, in other words you are not judged on your individual performance in the slightest

    Hester was actually a nice bloke and considering the crap hole the bank was when he took over he actually did a fairly good job, just a shame all the other seniors didn't know how to run a tap let alone a bank

    Cons

    Staff benefits, including banking offers as well as access to corporate perks are very good.

    Proper sick pay

    Too many levels of mindless management

    Crap ideas from management all round that seem to only impact the hard working front line staff

    Lies lies lies

    Advice to ManagementAdvice

    If you actually bothered to listen to the staff that engage with customers and essentially make the bank money than you would be a lot better off than you are currently. All these ideas that are now being announced were suggested by front line staff years ago.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    HR BP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Human Resources BP  in  London, England (UK)
    Current Employee - Human Resources BP in London, England (UK)

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

    Pros

    People - respectful working environment

    Cons

    company on a downward trend since recession

    Advice to ManagementAdvice

    Stop, think, Act

    Doesn't Recommend
    Negative Outlook
  11.  

    No Job Security, Stressful work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Gurgaon, Haryana (India)
    Current Employee - Analyst in Gurgaon, Haryana (India)

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

    Pros

    Shift Timings are good, Leaves are good

    Cons

    Poor Managers due to poor work culture. Environment is negative overall

    Advice to ManagementAdvice

    Work on developing People and Customer engagement

    Recommends
    Negative Outlook

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