There are newer employer reviews for Royal Bank of Scotland

1 person found this helpful  

Thrown around as ping-pong ball

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Portfolio Management in London, England (UK)
Current Employee - Portfolio Management in London, England (UK)

I have been working at Royal Bank of Scotland

Pros

Good pay, good benefits, flexibility in terms of work-life balance.
People tend to be relaxed about their job - a bit too relaxed

Cons

Management doesn't really get it in terms of what it takes to be a competitive bank.
Very political - people who have been there for the longest have an advantage.
Does not seem to be a meritocracy - it is NOT true that the best ideas are encouraged
Extremely few are genuinely interested in doing what is right for the bank.
Plans of action are backwards: instead of first establishing the goals and then the way to get there, there is an undue focus on structure, meetings, processes, without a clear understanding of what the point is.
No willingness to cut deeply and eliminate excess jobs, but rather a slow and painful bleed - affects morale a lot.

Advice to ManagementAdvice

You could be doing the same job with 1 out of every 3 people, you just need to identify them and promote them.

Doesn't Recommend

738 Other Employee Reviews for Royal Bank of Scotland (View Most Recent)

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  1.  

    Long

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    variety salary people location management

    Cons

    security size quality of work

  2. 1 person found this helpful  

    it's ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Solution Architect in Singapore (Singapore)
    Current Employee - Solution Architect in Singapore (Singapore)

    I have been working at Royal Bank of Scotland

    Pros

    - good environment
    - flexible working hour
    - good location
    - nice facility
    - good infrastructure
    - good place to learn

    Cons

    - bad compensation
    - bad recognition
    - unfair compensation and recognition
    - low salary
    - no bonus
    - low increment
    however this depends on boss and department

    Advice to ManagementAdvice

    fix all this cons:
    - bad compensation
    - bad recognition
    - unfair compensation and recognition
    - low salary
    - no bonus
    - low increment

    Recommends
    Approves of CEO
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