Royal Bank of Scotland

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Good organization, great colleagues but uncertain future.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Software Designer in New Delhi (India)
Current Employee - Software Designer in New Delhi (India)

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

Pros

Great colleagues : Some fo the best people I have worked with were here.
Employee benefites: Great overall package to employees
Offtime: Almost 52 holidays a year
Work Enviornment: Great facilities.
Internal Job Postings: Can grow as fast as one can clear interiviews

Cons

Uncertainity over future of late. Still business plans are in flux and lot of changes happenng withing the organization.
Takes longer to get responsibility.
.

Advice to ManagementAdvice

Give some stability to the organization.

Recommends
Neutral Outlook
No opinion of CEO

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

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  1.  

    Royal Bank of Scotland IBD

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in Hong Kong (Hong Kong)
    Former Employee - Summer Analyst in Hong Kong (Hong Kong)

    I worked at Royal Bank of Scotland as an intern (less than a year)

    Pros

    A large international investment bank - cross border deals are exciting; Had very talented colleagues and teamwork was very collaborative. Very steep learning curve and a lot of challenging work.

    Cons

    Lack of recources; The teams are top-heavy - too many senior bankers compared to analysts and associates; bad hours but not as bad as bulge bracket banks; Lots of miscommunication between international offices; hierachical structure

    Advice to ManagementAdvice

    Recruit more analysts! also be more open and flat

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    This organization likes to lose money, it's in their DNA as is an underlying level of hypocrisy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources Manager in Hong Kong (Hong Kong)
    Former Employee - Human Resources Manager in Hong Kong (Hong Kong)

    I worked at Royal Bank of Scotland full-time (more than 5 years)

    Pros

    Lack of investment in systems, infrastructure and support mean you get a broader scope as you inevitably end up having to all this non-core stuff yourself. Their marketing strap-line is ‘make it happen’ and they live by that. Want something to work or need some support? Then make it happen yourself!

    Cons

    There’s an underlying hypocrisy at play within the firm which is quite frankly extremely infuriating. The depart I worked in, HR, was run by an extremely critical and micro-managing management team. All of their business decisions were born out of on cutting of costs and he was definitely from the ‘talk the talk but do not walk the walk’ school of management. The business was increasingly held back by his policies and decisions. This was compounded by the fact that these policies were not applied to themselves when looking to extend their own ex-pat package. The local compensation team were taken out of the equation and their package was developed as an ‘under the counter’ deal. The management team are extremely aggressive and it is not uncommon for people to be bullied on a daily basis, at least in the Hong Kong office this was my experiences.

    Advice to ManagementAdvice

    The amount of money this bank still wastes is absurd – especially on nonsensical ex-pat packages when there’s a gamut of local talent out there. There’s a number of people getting very rich off tax-payers money and managing to put their kids through some of the best schools out here in Asia for free and for much longer than a normal ex-pat contract might allow.

    I worked at RBS for 6 years and I would have no hesitation at all in telling prospective applicants to think twice about joining this firm due its manager's barefaced hypocrisies

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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