There are newer employer reviews for Royal Bank of Canada

 

A great training ground.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee  in  Vancouver, BC (Canada)
Current Employee - Anonymous Employee in Vancouver, BC (Canada)

I have been working at Royal Bank of Canada

Pros

Good reputation and highly regarded. A lot of talents within the network. Fantastic support from management. Lot of resources to keep you informed of what is happening outside your franchise.

Cons

Career movement depends on who you are working with. They think they own their clients. Motto "Client First" is a lie.

Advice to ManagementAdvice

Don't trash your staffs. They are resourceful with great discipline. You could have the best system in the Canadian world. Let's keep it that way.

Recommends
Approves of CEO

456 Other Employee Reviews for Royal Bank of Canada (View Most Recent)

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  1.  

    Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Advisor
    Former Employee - Advisor

    I worked at Royal Bank of Canada

    Pros

    Salary potential is through the roof. Exciting, fast paced environment. Trading platform and research availability are very solid. Corporate travel and satellite work usually ok.

    Cons

    Very difficult to get your foot in the door. Base salaries are low and the first few years working solely on comm. can be tough.

    Advice to ManagementAdvice

    Provide more opportunities for recent college grads. Provide better professional development\ educational opportunities for current employees. Provide a better communication channel between management and brokers.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Senior Managers views on working in RBC

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Manager  in  Toronto, ON (Canada)
    Current Employee - Senior Manager in Toronto, ON (Canada)

    I have been working at Royal Bank of Canada

    Pros

    RBC is a great place to work for someone starting into middle management or anywhere within IT. With middle management jobs there is good growth potential and learning opportunities up to the senior manager level. As for IT roles, RBC has a long history of operating a large and quality IT shop.

    Cons

    Since an initiative 5 years ago known as "Client First" the growth opportunities for senior management (and some exec) has all but ceased. While this is a simple outcome of a flatter organization, the comp structure (particularly for PL06 roles) has not fundamentally changed to allow for growth within the salary band.

    Advice to ManagementAdvice

    Need more emphasis on hiring and growing subject matter experts (the doers) vs. continuing to grow Strategy, Business Architecture, and other Power Point focused roles.

    Approves of CEO
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