Royal Bank of Scotland Reviews

Updated April 21, 2015
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2.0
30 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
5 Ratings

30 Employee Reviews

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  1. Director

    • 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 a year)

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Nice people, nice building amenities

    Cons

    Downsizing operations. The offic building is like a ghost town.

    Advice to Management

    Be honest with employees

  2. Analyst

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

    I have been working at Royal Bank of Scotland full-time

    Pros

    Great opportunities for fresh undergraduates, goid working environment, near to train station

    Cons

    Worst management. HR does not takes assaults and harrasment seriously, if they are high up in Director position.

    Advice to Management

    Grow up!

  3. People and culture are great.

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

    I have been working at Royal Bank of Scotland

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

    Pros

    Great culture. Great people and work environment. You are able to move internally and solid work life balance.

    Cons

    Not good pay and barely any bonus and lowest compared to other banks. Slowly exiting US and Asia. Exiting many businesses so learning is not the greatest.

    Advice to Management

    Not much they can do. Really just try to keep people happy which I found is done in most groups.

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  5. RBS Securities

    Former Employee - Director in Stamford, CT
    Former Employee - Director in Stamford, CT

    I worked at Royal Bank of Scotland

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

    Pros

    Work-life balance is great, benefits are average. Stamford location is great if you live in Connecticut. They have their own duty-free shop on the 8th floor, which is nice.

    Cons

    Uncertain future, never try to park your car in the garage after 9:30am, although that might be getting better with all the lay offs.

    Advice to Management

    Make up your mind on the US Investment Bank strategy, clearly convey it to the employees and move on!

  6. Associate in Trading technology

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

    I have been working at Royal Bank of Scotland

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

    Pros

    * Great work life balance
    * Few banks where you can easily get done with 40-45 hours per week
    * Good benefits and good office facilities

    Cons

    * No scope for growth
    * company on a downward spiral
    * Stagnant workforce who have been around for too long

    Advice to Management

    * Hold onto your best people. If not, they will move on.

  7. Bad location away from city. Massive departure

    • 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

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

    Pros

    Reasonable hour and benefit, good work life balance, coworkers are nice

    Cons

    Stamford location, hard to attract and retain talent. Massive turnover the past 3 years

  8. Great pay but limited small minded leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Associate in New York, NY
    Former Employee - Human Resources Associate in New York, NY

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    I worked at RBS in their New York office. I really liked the people I worked with and looked forward to having an illustrious career there. One of the benefits to limited leadership is the opportunity to develop yourself.

    Cons

    Your career can be stunted as management is really petty and there is no real structure for succession planning. HR sucked and all the prime benefits went to the UK expats. Management didn't listen to employees about developing the company and how to grow a better firm.

    Advice to Management

    Develop your employees.

  9. Helpful (1)

    Office Closing

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

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

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

    Pros

    They gave some 3 months notice, and others up to 6 months.

    Cons

    200 employees looking for work

    Advice to Management

    Communication is key to success

  10. Helpful (1)

    Poor culture overall except for legal dept which has smart ethical dedicated lawyers and staff

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

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

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

    Pros

    People, location, gym, benefits

    Cons

    Culture, bullying, low morale, poor rewards, nearly impossible to be promoted

    Advice to Management

    Treat employees as you say you want to treat customers. Value and appreciate human capital

  11. Mixed experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    I got a chance to work with highly talented technical experts.. The camaraderie between team members was good.

    Cons

    Too much bureaucracy and conflict with global counterparts.. Any project decision took ages to be finalized.

    Advice to Management

    A little thought should be given for company's welfare rather than job preservation..

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