Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated January 28, 2015
Updated January 28, 2015
831 Reviews
3.1
831 Reviews
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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

159 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Very closed off and political

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Analyst in London, England (UK)
    Former Employee - Senior Business Analyst in London, England (UK)

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

    Pros

    Staff were generally nice and accommodating
    Excellent canteen facilities certainly know how to look after their staff in terms of food.

    Cons

    Very political environment everyone is on edge about staff cutting.
    Senior management keep information close to their chest.
    Constantly having to watch your back too much back stabbing.
    Them and us approach to working.

    Advice to ManagementAdvice

    Disseminate more information to staff to provide an oversight to what is happening with company. Don't let it be a shocker when important information finally get out.
    Staff need to work collaboratively not a them and us thinking, less will be achieved with this thinking.
    Reduce politics and get rid of back stabbing

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Application management @ RBS

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

    I have been working at Royal Bank of Scotland

    Pros

    Free cabs , good oncall allowance, yearly bonus. ..

    Cons

    Too much burocrecy. .. more politics... no challenging work..IJP are just eye wash and who is managers pet he-she gets chance....

    Advice to ManagementAdvice

    Dont spoil name of RBS with your dirty politics... behave real leaders..

    No opinion of CEO
  3.  

    Nice

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tech Lead in Singapore (Singapore)
    Current Employee - Tech Lead in Singapore (Singapore)

    I have been working at Royal Bank of Scotland full-time (more than 8 years)

    Pros

    Employee friendly
    Work life balance

    Cons

    No or very poor raise
    No policy for retention

    Advice to ManagementAdvice

    No leadership

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

    Potential, but too many stupid management decisions

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Member Services Manager, Former Membership Consultant in Reading, England (UK)
    Former Employee - Member Services Manager, Former Membership Consultant in Reading, England (UK)

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

    Pros

    Very comprehensive benefits package.
    Very good sickness and pat/maternity pay.

    Cons

    No job security.
    Very low staff morale.
    Red tape galore.
    Management don't listen to the staff who actually interact with the customers

    Advice to ManagementAdvice

    Listen to staff feedback especially when you ask for it. Made importnant business decisions, especially ones that result in redundancies properly rather than realising that actually closing the best performing sites was a mistake

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    A dying legacy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Director in London, England (UK)
    Former Employee - Assistant Director in London, England (UK)

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

    Pros

    Globally recognized name (once upon a time for good reasons)
    Large number of graduate intakes if you are looking to enter

    Cons

    A struggling organisation which is struggling to keep talented people because of it's inability to compensate staff or operate efficiently for customer due to the involvement of UK goverment on day to day matters and because high public profile of the company. Instead staff being retained are many of those who were there during the crisis in the first place and are just trying to hold onto their jobs and their final salary pensions.

    Advice to ManagementAdvice

    Culture is all wrong. If you want to be taken seriously in the banking market again project a fresh image. Not more of the same old mitakes.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Poor

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

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

    Pros

    Good Trainings, Easy Atmosphere, Good work Life Balance

    Cons

    Very Less Salary, No Growth, No new learning opportunities,

    Advice to ManagementAdvice

    Sometimes you have agreement with some companies that they will not hire anyone from RBS. You don't pay much and when a person wants to leave your company, you have buy certain with some amount that they will not hire anyone from RBS.
    I was rejected thrice in final round in one month in top companies whose package was double than yours.

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

    Nice place to start, bad place to stay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Warsaw (Poland)
    Current Employee - Analyst in Warsaw (Poland)

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

    Pros

    * stability of employment (as currently company can't level its salary levels to competitors - pressure is lowered)
    * flexible working scheme (you come to work from 6 to 11 [in some teams others have 8-10] and work 8 hours)
    * multiple working schedules to fit your needs
    * even if you're green in terms of banking with the time you'll get some knowledge
    * benefits (multisport, lunchpass, medical care, life policy and sometimes company shares)
    * corporate race in most team kept at reasonable level (not too low, not too high)
    * in Ops Dpt. - good work-life balance in most teams
    * in Ops Dpt - usually 8hrs job - do what you have then go home

    Cons

    * salary - after you pay the rent, bills, travel card and grocery - the amount left sometimes makes you cry
    * office politics everywhere involving backstabbing and idea stealing
    * nepotism outside Ops. Dpt. - as someone in company said : "Once in operations, forever in operations"
    * very difficult to get outside Operations if you don't have necessary contacts
    * routine
    * bad pay/effort ratio - you get same salary for doing really complicated process or for simple data entry
    * unnecessary meetings, not intended to bring anything of value, bad rather handclappinf because we've met target
    * some processes are not straight 8hrs jobs
    * really low chances to get a promotion - it's not achievable through hard work but rather by being team leader's pet
    * managers who don't know how to do they job, and sometimes can't even speak proper English
    * unprofessionalism of some people, as outstanding percent of employes are students

    Advice to ManagementAdvice

    Since levelling salary level is not an option before Bank will get buyed out from the Queen - at least make atmosphere nicer - that's usually only thing keeping people there. Managers - don't act like god almighty and omniwise, and please - learn proper English. It's a shame, that most people on entry position have better language skills than you, and sometimes even management knowledge.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    check my market value

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

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

    Pros

    facilities in RBs are outstanding

    Cons

    not satisfied with the company process

  10.  

    Banking Industry

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

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

    Pros

    Brand & Work Atmosphere
    Company Value

    Cons

    Management Constrains
    Growth & Future Career

    Advice to ManagementAdvice

    Recognize& reward employees for Best works.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    OK

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager in Chennai (India)
    Current Employee - Assistant Manager in Chennai (India)

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

    Pros

    Work life balance and Benefits(earlier , now declining)

    Cons

    Worst compensation, Appraisals, Declining benefits

    Advice to ManagementAdvice

    Should be transparent and openness to recruit to right people

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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