Royal Bank of Scotland

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Royal Bank of Scotland Reviews in United States

Updated February 23, 2015
Updated February 23, 2015
24 Reviews
1.0
24 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
24 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

24 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Extremely unpleasant place to work.

    • 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

    Pros

    Nice cafeteria and chef
    Very nice facilities

    Cons

    Have a lot of people who have been there for a long time who are extremely unpleasant and become riled if you ask questions. New hires beware
    Management behaves unprofessionally
    Little or no bonuses

    Advice to ManagementAdvice

    Need to shake things up in Stamford.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Deception at the top

    • 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 full-time (more than 8 years)

    Pros

    Proximity to housing in Fairfield County

    Cons

    Leadership - no authority in the US to do anything
    Strategy - no ability to enact strategy and no courage to make the right calls
    Business - limited ability to make the bank anything more than weak commercial bank platform
    Talent - leaving as quickly as possible

    Advice to ManagementAdvice

    Retire and move back to Ridgewood, NJ

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Great people, horrible bank with little regard for their employees

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

    I have been working at Royal Bank of Scotland

    Pros

    Great people, teamwork, interesting and fun. Beautiful building, lots of amenities that we pay through the roof for. Generous vacation.

    Cons

    Bank is doing so poorly that no one has gotten raises or bonuses in at least five years in the Operations area. Benefits keep getting worse and worse but we pay more and more for them. Constant threat of being laid off due to bank's performance.

    Advice to ManagementAdvice

    Give your employees raises and bonuses. It will greatly improve morale.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    RBS are effectively exiting the US but are still recruiting to wind the business down...but they won't tell you that!

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

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

    Pros

    Great building, great facilities, nice people

    Cons

    Professional review process is routinely abused to manage the comp pool (downwards)
    Senior management quote "stay if you want to, leave if you want to...we don't care"
    Dishonesty is ingrained within in the Bank's DNA
    Seniors get paid even though they've mismanaged the Bank to near extinction...line staff just get base...suck it up or leave.
    Line staff are expected to display loyalty by foregoing bonus and quality of life (50+ hour week with no upside) to pay fines for mismanagement and borderline criminal behavior, but the Bank feels NO loyalty to its staff.

    Advice to ManagementAdvice

    If you won't do the right thing and fall on your swords then forego your bonuses and accept responsibility for your utter lack of integrity, malfeasance, incompetence and negligence.

    Stop lying and cheating, pay your people fairly and conduct yourselves with integrity at all times inside the Bank as well as publicly.

    Claiming that RBS now conducts itself ethically, morally and with integrity is not accurate if you give your staff the shaft whilst continuing to enrich yourselves at their expense

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

    Horrible leadership and no commitment to employees. Sinking ship!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Salt Lake City, UT
    Current Employee - Vice President in Salt Lake City, UT

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

    Pros

    Good pay and great benefits. The company also seems to be committed to diversity in the workplace. I was able to work with a group of very smart and very skilled professionals. Free coffee!

    Cons

    Leadership lacks any real direction. The bank is so concerned about the public's perception that they totally forget about their own employees. Annual raises are non existent and only high level execs have seen bonuses in the last 5 years. Bank continues to be fined and post annual losses. Stay away from this place if you want to actually advance in your career.

    Advice to ManagementAdvice

    Set a clear direction for the bank and clearly communicate your goals. Focus more on your employees. Happy employees can be the best evangelists to promote a positive reputation in the public space.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    COB Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Management in Maumee, OH
    Former Employee - Branch Management in Maumee, OH

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

    Pros

    Pay and benefits were decent

    Cons

    Management has not vision of employee's needs either personal or work related. Staffing is too sparce

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    poor decision making by Senior managment

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

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

    Pros

    hours are not as long as other investment banks

    Cons

    Management is very poor. They do not care about the employees

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

    RBS not good to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern in Stamford, CT
    Former Intern - Anonymous Intern in Stamford, CT

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

    Pros

    not a good employee at all!

    Cons

    management is extremely poor, 'clicky' department

    Advice to ManagementAdvice

    need to take more time to engagement and listen to employees

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Disappointing experience

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

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

    Pros

    Office location and some of the people

    Cons

    No room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.

    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Sinking Ship

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

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

    Pros

    The employee benefits are really good, but that is about all

    Cons

    Management is terrible, no vision. The analogy of the Titanic sinking and the crew organizing the deck chairs is very fitting for this company. I have not received a raise or a bonus since I started.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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