Royal Bank of Scotland

  www.rbs.com
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Royal Bank of Scotland Reviews

Updated August 5, 2014
Updated August 5, 2014
675 Reviews

3.0
675 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
44 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

129 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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)

    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 In case you resign, you are treated as a step son (all your privileges are withdrawn, even your yearly bonus, which itself is worthless figure)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
  2.  

    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)

    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
  3.  

    Review of RBS

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

    Pros

    Good people around in the bank

    Cons

    Unstable & Uncertain of future

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

    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)

    Pros

    People - respectful working environment

    Cons

    company on a downward trend since recession

    Advice to ManagementAdvice

    Stop, think, Act

    Doesn't Recommend
    Negative Outlook
  6.  

    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)

    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
  7. 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)

    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
  8.  

    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)

    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
  9.  

    Good for start..but no quality work in IB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst Investment Banking  in  Mumbai (India)
    Former Employee - Analyst Investment Banking in Mumbai (India)

    Pros

    Good work life balance
    Good exposure to different departments due to pool structure

    Cons

    Repetitive work
    Salary well below market
    No growth in career and salary
    No exposure to live deals

    Advice to ManagementAdvice

    Bring more quality work in IB division

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

    Join if you want to have a easy life

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

    Pros

    Good non monetary perks and work/life balance.

    Cons

    Zero career growth
    Too hierarchical
    Everyone works for the boss.

    Advice to ManagementAdvice

    Stop talking and start doing. Strategies are decided by a group of people and not just one - so should not change drastically if the CEO changes. Remove all the executive's they are the biggest problem as most of them don't understand how things work.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Technology Lead

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

    Pros

    Work-Life Balance - You can maintain your timing, come on time, go on time, and get good time off. The company respects your time-off.
    Pay - RBS is a decent paymaster, but nowhere near the top, but still nothing to complain.

    Cons

    There is nothing innovative going on. Very slow to adapt.
    Very closed culture - decisions are all bottom-down
    You don't generally work with exceptional people, most good folks come, become dissatisfied, and leave. The ones that stick around for a long time are generally are lethargic and not ambitious.

    Advice to ManagementAdvice

    Get back to the roots, stop inorganic growth options. Invest in technology. Respect and nurture talent.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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