There are newer employer reviews for Royal Bank of Scotland
There are newer employer reviews for Royal Bank of Scotland

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Helpful (1)

Stay far away

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

I have been working at Royal Bank of Scotland full-time (More than 10 years)

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

Pros

Easy to switch groups
The building in Edinburgh and Stamford is nice and modern
Above average level of responsiblity for junior staff
Decent vacation package

Cons

Very poor management in all locations
They waste millions on ridiculous things despite the current environment and government ownership
No promotion structure. Way too many Managing Directors who got the title without any performance history.
No clear strategy - management changes strategic direction frequently
They stopped paying bonuses except for a very small group of staff within the firm
No career development
Everyone sits around doing nothing and waits to get laid off since 2008
They promote people into positions even though they lack the skills, experience and education to perform in the role

Advice to Management

Let the UK government participate in key decisions rather than having a clueless management team with no eductional background make decisions
Start controling expenses
The government should shut down the bank and stop pouring billions into an organization that has no reason to exist

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  1. RBS was an ok employer

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - RBS Experience in Moscow (Russia)
    Former Employee - RBS Experience in Moscow (Russia)

    I worked at Royal Bank of Scotland

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Nice colleagues
    Diverse culture
    Compensation market adequte

    Cons

    Massive lay-offs due to bank's unstable prospects in many areas
    Slow growth/not many opportunities for advancement
    Better HR communication (at least in Moscow office), sometimes felt like they weren't part of the bank
    Lacking bonuses

    Advice to Management

    Make wiser decisions re. the future of the business long-term, better communication with employees re. the bank's future path as all the anticipation and unclarity puts pressure on people and many leave. Better bonus structure


  2. Helpful (1)

    good work life balance but no further career growth lots of internal politics

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Designer in Gurgaon, Haryana (India)
    Current Employee - Software Designer in Gurgaon, Haryana (India)

    I have been working at Royal Bank of Scotland

    Approves of CEO
    Approves of CEO

    Pros

    good work life balance.
    good salery.
    good brand name.

    Cons

    lots of internal politics.
    very few chances of career growth.
    no onsite opportunities.

    Advice to Management

    Please have a look at why good people are leaving organization.


There are newer employer reviews for Royal Bank of Scotland
There are newer employer reviews for Royal Bank of Scotland

See Most Recent

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