RBC Financial Group Reviews

Pros

Good health and pension benefits. Bank will buy shares for employee.
Paid vacation and sick leave days.
Diversity of people.

Cons

No opportunities to grow, unless you know someone in the bank.
Bank is downsizing and cutting positions in the branch lately.

Pros

everything is good. good building, good environment, friendly people and a lot of internal postings. have learnt a lot during that 4 months.

Cons

since i was only a intern student at RBC, so i really do not see major things that i do not like much.

Advice to Senior Management

overall, the company is great and i enjoy the time with RBC. there are not much to say since i am only gonna be here for 4 months

Pros

Name recognition
Computer technology is pretty good

Cons

Bonus sucks
Takes forever to get promoted
Cut-throat
They hire smart people, so management can be lazy and collect big bonuses

Advice to Senior Management

Senior management needs to be managed and be held accountable when they do a poor job.

Pros

Reputation, market dominance in Canada

Cons

Glass ceiling at Sr. Manager level for most

Advice to Senior Management

Retain good talent

Pros

The energy and passion of the people I worked with

Cons

Long hours, waking up early isn't great.

Pros

ou'll have the opportunity to pursue rewarding and challenging work with skilled and supportive colleagues, learning and development opportunities, benefits that have the flexibility to meet your unique needs and fair and competitive compensation that rewards you for your contribution. And you'll be working where what it takes to be a market leader is understood and never taken for granted.

Cons

Whether working with clients directly or in our professional support areas including IT and operations, you'll enjoy an environment of growth where talented people come together to achieve superior performance, people are valued and leaders care about winning together.

Advice to Senior Management

Working at RBC is about bringing out the best in people.
learning and development opportunities, benefits that have the flexibility to meet your unique needs and fair and competitive compensation that rewards you for your contribution. And you'll be working where what it takes to be a market leader is understood and never taken for granted.

Pros

Helpful learning environment. Managers encourage employees to try new avenues and also keep updated with various courses. Gives a great insight into the backend working of the bank.

Cons

Compensation was on the lower side, however the bonus is quite generous and partly makes up for the lack of base salary.

Pros

opportunity to grow within and a good benefit

Cons

a low minimum set of working hours for CSR position

Pros

Large corporate entity with diverse set of businesses that can allow growth in knowledge and some advancement career wise depending on the unit

Cons

Laid back and complacent corporate culture, mediocre skillset of employees, technologically dragging 5-7 behind US competitor, and large overhead in internal services due to overstaffed departments reflecting the level of late 90s.

Advice to Senior Management

The focus on advisory services and other value added services like insurance and IB without having at the same time banking branch penetration is limiting the growth of this company. It's well reflected in the share price and the inability to leverage opportunities that competitors like TD, BMO, and Scotiabank are creating for themselves.

Pros

Compensation, benefits, corporate values, Top 100 places in Canada to work

Cons

Confinements of corporate bureaucracy can be limiting