Royal Bank of Scotland Reviews

Updated April 16, 2015
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326 Employee Reviews

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  1. no room for growth

    • 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 5 years)

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

    Pros

    people are laid back and great to work with

    Cons

    no room for growth and seniority matters. So suggestions go unheard. Some managers and seniors are too proud to listen to others. Some managers probably should never been managers and find excuses to avoid work; company also finds excuse to avoid bonus payout. Lack of recognition or awards.

    Advice to Management

    Listen to what others are saying. Don't look shoot down everyone's inputs and thoughts. Just because you don't think it'll work. Some advice are actually worth the time to look into. Also, please stop looking for scapegoats whenever stuff doesn't work out. It creates a very hostile environment.

  2. 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 Contractor - Prime Brokerage Analyst in Chicago, IL
    Former Contractor - Prime Brokerage Analyst in Chicago, IL

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

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

    Pros

    Fast paced enviornment, great co-workers.

    Cons

    Lack of long term outlook in some areas

  3. 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

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

    Cons

    A lot of uncertainty at this point in time.

    Advice to Management

    Clearer and assertive communication. No sugar coating.

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  5. 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)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good salaries and benefits and great co-workers

    Cons

    Very political and little room for advancement

    Advice to Management

    Open the doors for advancement to everyone

  6. 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)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Management hears you out whenever required

    Cons

    Salaries needs to be better negotiated

  7. Helpful (2)

    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)

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

    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 Management

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

  8. Nice area to work

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good Environment
    Nice people
    Smart people

    Cons

    Career Advancement/ Salary Advancement
    Low salary

  9. 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)

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

    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 Management

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

  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)

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

    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.

  11. Helpful (2)

    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)

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

    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 Management

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

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