23 Employee Reviews (View Most Recent)

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Solid, enjoyable banking sector job

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

I have been working at Rabobank America

Pros

Phenomenal work/life balance and support for a young family life. Community oriented. Growing while other banks are shrinking.

Cons

The usual "growing pains" of a relatively new organization (new to California at least). Somewhat inefficient and not clear role responsibilities (in some cases).

Advice to ManagementAdvice

Invest in the technology and people to continue making the bank more efficient and bring it into the 21st century.

Recommends
Approves of CEO

Other Reviews for Rabobank America

  1. 1 person found this helpful  

    People work here for the benefits, not pay/appreciation/rewarding experiences

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Central Operations Representative
    Current Employee - Central Operations Representative

    I have been working at Rabobank America

    Pros

    Good benefits - Low cost if you comply with yearly physical exam
    3 weeks vacation during first 5 years, beginning with hire
    Kin care for use taking care of children or other family members

    Cons

    Very low pay for area, no wage increases for years at a time, even with glowing review you get "due to the economy we are on a raise freeze" and the same day will read an update from the very-removed CEO stating how much $$$$$ we're making and how amazing we are. Does not match up.

    No rewards/bonuses/appreciation programs despite long hours and a lot of sacrifice by employees during conversions of other banks and changes in products.

    Lack of proper training. Employees who work in back office areas have mostly trained themselves and each other as best they can on products, as training is not provided. On the rare occasion there is a webinar or internal training, it is not made certain each employee can participate.

    Sick time is provided, as well as Kin care, however, you are not allowed to use it. Being considered in violation when you have many hours of sick time left doesn't make sense. This is also an area of extreme inequality, as several areas have managers who abuse attendance nearly every week, leaving early, not coming in, coming in late, no notification so employees know how to refer calls.

    Advice to ManagementAdvice

    More rewards for hard work. MERIT based rewards.

    Overhaul the sick time policies. Do not reward managers who are not available to their employees. Exempt should not mean setting a very bad example and not being responsible.

    Bring back merit-based raises, or just raises at all. Make people feel there is a reason for their hard work, especially considering constant system changes and conversions, other than just keeping their jobs. People should not just work out of fear of a bad economy, they should at least feel there is something to work for other than the same low pay for years and years.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    Great place for entrepeneurial individuals who don't want the grinding hours of other I-banks.

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

    I have been working at Rabobank America

    Pros

    Less structured than other organizations which allows you to make your role what you want. Great international exposure. People are very nice and helpful. Not a stressful, cut-throat environment. Excellent benefits and vacation time. You don't feel like a number.

    Cons

    Pay tends to be below market-less pay for performance than other organizations. European culture and strong desire to keep AAA rating can lead to slower decision-making. Not a youthful, exciting culture.

    Advice to ManagementAdvice

    Focus on improving middle-management. Insight a sense of excitement and urgency. Get some young blood into the bank.

    Recommends
    No opinion of CEO
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