Royal Bank of Scotland

  jobs.rbs.com
  jobs.rbs.com
There are newer employer reviews for Royal Bank of Scotland

2 people found this helpful  

RBS is a great place to work for change management professionals.

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

I have been working at Royal Bank of Scotland

Pros

RBS is currently trying to integrate its acquisition of ABN Amro. As a result the business is under going a lot of change. There is plenty of work for business analysts and project managers who have experience in the banking industry. Many of the projects cover dynamic markets and wide geographies making them valuable experience in any change professionals CV.

RBS supports employees having a work life balance. The focus is on achieving the things that need to be achieved - there is no credit given for being the first person in the office and the last person out. You are assessed on your results.

Cons

The pay is not the best in industry. However, leave is very generous.

Advice to ManagementAdvice

Make it happen.

Approves of CEO

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

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  1.  

    Could do better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst in Edinburgh, Scotland (UK)
    Current Employee - Business Analyst in Edinburgh, Scotland (UK)

    I have been working at Royal Bank of Scotland

    Pros

    RBS is good at remunerating people, but this can be localised within specific businesses, for example IT pays better than being in Retail banking. The benefits package options are also very advantageous, but for the young and single the offers aren't always as good.

    RBS has some really good programmes to support employees such as it's Wellbeing programme and in the past has put a lot of effort into listening to it's employees and acting on feedback received in it's annual staff survey. As a large employer there is also scope to move around the Group and try different roles, however cross border/ country opportunities seem to only be open to the most senior of staff.

    Cons

    The culture in some parts of the group can at times be difficult to reconcile with the image it likes to portray. Bullying doesn't always get addressed and people are actively discouraged to officially report it. Old school chavanism is rife and there are a lot of people trying to justify their existence who can make life hell when you question processes that seem unnecessary. This still happens even though there is a major focus on continuous improvement, probably because people don't move on enough.

    If your face doesn't fit you won't get anywhere, nor if you stand up and disagree when you think it is necessary or right. Generally senior leadership doesn't like to be challenged and isn't good at dealing with bad news.

    Overall I'd say the culture is one of JFDI, not the more benign 'Make it Happen'.

    Advice to ManagementAdvice

    Listen to your people more and just because someone disagrees with you doesn't mean they haven't got a valid point. Take the time out to actually interact with people at the coal face and stop hiding in your plush offices and going on staged walkabouts where you're shielded from the most controversial and outspoken members of staff.

    Stop being so UK/ Edinburgh centric and make sure your people understand the change that the Group has undergone with the purchase of ABN AMRO by talking, face to face with real people.

    Don't always believe the hype, plenty of people tell you what you want to hear to protect their own jobs. Just because they know the buzz words doesn't make them good at their job.

    Disapproves of CEO
  2. 3 people found this helpful  

    All change. No longer what it was.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Derivatives Trader in City of London, England (UK)
    Current Employee - Derivatives Trader in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    It's more relaxed than other banks. You don;t have to keep up your "face time" by hanging around till 8-9pm or until the boss goes home. It allows you have a work-life balance.

    Cons

    Poor pay and now we have taken on so many mangers from other banks who have brought their politics and culture with them but not the increased pay packages

    Advice to ManagementAdvice

    Somewhere along the way we lost the magic that made us RBS (and I've been here over 10 years). People no longer have the team-working focus they once had, now it's all individuals trying to justify their existence and bonus especially if it's at the expense of other.

    Doesn't Recommend
    Disapproves of CEO
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