There are newer employer reviews for Royal Bank of Scotland

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Good bank gone bad

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Director  in  Stamford, CT
Current Employee - Director in Stamford, CT

I have been working at Royal Bank of Scotland full-time for more than 5 years

Pros

Nice work environment at Stamford CT, state of the art building and work spaces. Excellent Gym and cafeteria @ work. Good company with a lot of charity & volenteer work. Work place is a conveniently across from the train station.

Cons

Bad management moves of outbidding to buy the bad bank ABN Amro, and other bone headed acts like the Libor scandal has doomed the bank. Dont expect to see a bonus or a pay rise for years and years to come, unless you sign with a signup agreement. Will be 85% owned by the British goverment and have no real freedom to act as a commercial bank for a very very long time,

Advice to ManagementAdvice

Screwed up a real good bank with top management greed and short sightedness

Doesn't Recommend
Negative Outlook
No opinion of CEO

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

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  1.  

    Review the Associate Position at RBS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  Houston, TX
    Former Employee - Associate in Houston, TX

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

    Pros

    RBS is an internaltional bank that offers opportunities around the world. The bank itself has been through a great deal, but has still committed itself to its products. The working environment there was funa dn friendly. The people at RBS were tremendous.

    Cons

    RBS has been around the industry for many years. Prior to the ABN merger it was regarded as one of the safest banks. However, due to its history many bankers have grown up with the company. Therefore, many bankers have been there for years, and the bank is not top heavy. With the downturn of the economy these bankers have decided to stay on longer. The growth opp at RBS is limited.

    Advice to ManagementAdvice

    Give a better path to your junior staff.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    VP in Human Resources

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

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

    Pros

    Work life balance is better than most big banks in the industry

    Cons

    Being in the region means that often your the last to know, since the UK doesn't like to collaborate.

    Advice to ManagementAdvice

    Promote from within, don't always just go to the market you have great talent in the bank.

    Recommends
    Neutral Outlook
    No opinion of CEO
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