RBC Financial Group Reviews
Updated Feb 13, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 132 ratings Employees are "Satisfied" |
CEO Rating
Based on 95 ratings
President, CEO, and Director |
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Pros
Good learning skills, and reputed company.. Amazing core values and corporate culture, client always comes first, you never have to lie to be the best at your job, they always look at the customers needs before anything else.
Cons
salary is usually lower compared to other banks.
Pros
Very good Stock options for staff
Cons
It can be difficult to move up in the company
Advice to Senior Management
Having knowledgable employess is great, but don't forget to look at internal hires.
Pros
Open culture, professional, employee centric culture, diversity
Cons
Conservative, complex, very large, age. Based promotions
Pros
Recognition for work done. Great team building / team sports / golf tournament events. Dinner and a cab when you work late.
Cons
Demanding hours during busy periods. Office space is not as glamourous as it could be. Free coffee is not that great.
Advice to Senior Management
I like the fact that RBC likes to develop within. Team building events do a great job in making us better.
Pros
Opportunity to work in one of the most admired financial institutions in the world
Fair treatment, merit-based hiring process with no bias against newcomers to Canada
Work-life balance
Cons
Difficulty in navigating through such a big organization can be overwhelming
Too much weight on titles/accreditation
Slow employee/management turnover, hence limited opportunities to move up
Advice to Senior Management
Make orientation mandatory among new employees to ensure that everyone in the organization gets a wholistic view of the bank & its vision as a Group
Pros
Teamwork, internal courses, managment support, really good for people with disabilities such as myself.
Cons
low wages- but this year they have added bonus incentives that are much better than previous years.
Advice to Senior Management
N/A
Pros
The company is know and very well respected not only nationally but internationally.
Cons
Being number one comes with the push to remain number one. The company sometimes loses sight of the amount of things that can be rolled out and focused on at one time.
Advice to Senior Management
Find a few core focuses and become excellent at them. Rolling out too many things stresses the staff out and they can become complacent in completing anything with excellence. They become very general in their approach.
Pros
I would say that RBC is very recognized brand in the market. But that does not mean anything by itself.
Cons
McDoanlds is also very recognized brand does not mean you want to work for McDoanlds. It is okay if you are not a professional.
Pros
compensation is not bad, job security is good, work environment is great, working hour is not that long. I like it so far.
Cons
Opportunities for moving up is not that great. Organization structure is diversified. Chances of getting promote is 80% on connection, 10% in performance and 10% by luck.
Advice to Senior Management
Management should actually have a better high level picture before starting project with unrealistic ETA. Daily meetings for projects that no one cares are consider waste of time. Push and go for something useless is absolutely waste of resource.
Pros
good with employee and reward
Cons
several layer sometime to get something done
Advice to Senior Management
have escalation process simple when employee need help and or advice and to complete simple transaction would be very nice.



