Royal Bank of Scotland – “Good if you only work to pay the mortgage”

Pros

99% of staff are likeable, friendly and helpful
There is a strong focus on work-life balance, meaning that if you're in the office at 5:05pm you'll be very lonely
Its a large organisation that provides ample opportunity to "work your way up" - most staff I work with started with no tertiary education
You don't have to work too hard!

Cons

Management is paralised at the moment - decisions are simply not made, very frustrating
Lack of accountability - the culture encourages work to be shared so widely that people are rarely held responsible for failure
Offices are widely spread - and as the organisation is in spasm right now, you may suddenly find your job has moved across the country
Politics mean that teams rapidly grow far beyond the need for resources, meaning that there are large amounts of downtime waiting for things to happen
Suffers from the same problem as all retail banks - risk averse, slow moving, a bit boring.

Advice to Senior Management

Shake off the paralysis, use this opportunity to cut some of the plentiful deadwood, and get a grip on where you're spending your money...