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 (3)

A tough environment in a damaged company

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Director in Jersey City, NJ
Former Employee - Director in Jersey City, NJ
Doesn't Recommend
No opinion of CEO

Pros

Benefits are good, not great Company understands that it has failed its employees and makes an effort to treat them with respect to compensate Compensation was very good before Bank of England takeover for those that were non traders ad investment bankers. Interesting business challenges to work on A lot of smart experienced people for early career associates to learn form

Cons

Compensation for non traders and investment bankers has fallen for some staff by as much as 60% as a result of the unwillingness to pay bonuses Firm is in strategic downsizing mode in order to pay back the bank of England and rebuild their capital base and risk profile UK politics are very prominent driver of the bank's behavior If you are a US employee, you shouldn't get too comfortable Lost a lot of talent the past two years Looks like a big UK bank with a big trading and payments business, not very global in a world where the ability to succeed in EM is important Very political, very insular management culture

Advice to Management

Management's inability to complete integration and separation with ABN AMRO (2 + years) and get on with the process of building a growing business that people can be proud to work for is a significant barrier to building long term success. Too many legacy "comfort senior managers? in lines of business, move em out, hire some energy make some tough decisions and get on with it. This is an almost completely non differentiated bank.

Other Employee Reviews for Royal Bank of Scotland

  1. OK; would not recommend.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    - OK work/life balance. - Fitness center in the building. - Ergonamically friendly work environment.

    Cons

    - Location, location, location!!! - Stamford, CT. - Management has no or very little leadership traits. - Compensation is not consistent accross orgnanization. - Motivation is low.

    Advice to Management

    Advice to Sr. Management: restructure management.


  2. RBS Overview

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Approves of CEO

    Pros

    Great people to work with, keeping you on your toes, teaching you new things and encouraging you to take on more challenging responsibilities.

    Cons

    Long hours and difficulty moving around the bank.

    Advice to Management

    Employees are working long hours and often completing more than one job. Flex-time when necessary would be a welcomed treat.


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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