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Rabobank America
3.4 of 5 16 reviews
www.rabobankamerica.com New York, NY 1000 to 5000 Employees
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Rabobank America Reviews

Updated Mar 26, 2013

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3.4 16 reviews

                             

78% Approve of the CEO

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Ronald Blok

(9 ratings)

73% of employees recommend this company to a friend
16 employee reviews
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  • Culture & Values
         
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Oak View, CA

Former Employee – worked at Rabobank America part-time for more than a year

ProsReasonable salary
accesible management
good learning stipends

ConsHard to develop a career

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Central Valley, CA

Former Employee – worked at Rabobank America full-time for more than 3 years

ProsI was fortunate to work with great people who I learned a lot from and was able to grow professionally. The company has great benefits and they are a large and stable bank. I enjoyed getting involved in the local community representing them.

ConsNot many opportunities for advancement yet.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Monterey, CA

Former Employee – worked at Rabobank America full-time for more than 8 years

ProsThe people are fantastic. Compensation is great and well above competitors.

ConsDifficult to promote from within

Advice to Senior ManagementPost job opening to internal candidates, move your own people up.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Work/Life Balance
         
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  • No Opinion of CEO

 

New York, NY

Current Employee – been working at Rabobank America

Pros-Friendly and professional environment
-Strong credit culture and conservative environment, not likely to blow up
-Focus on growing and sustainable businesses - food, agriculture, renewables

Cons-My group works long hours 60+/week for not much bonus
-Dutch colleagues from the home country tend to get more promotions
-I feel like there is deadweight in the company

Advice to Senior Management-Promote people more based on a meritocracy
-Pay people a competitive amount
-Committ to initiatives you set out to achieve

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El Centro, CA

Current Employee – been working at Rabobank America

Pros4 weeks paid vacation, benefits for part-time employees, don't work weekends at the branch I am at

ConsIn store branches are open Sundays and most holidays

Yes, I would recommend this company to a friend

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Goleta, CA

Former Employee – worked at Rabobank America

ProsGreat people work in that particular office

ConsWorked entirely too much overtime!

Advice to Senior ManagementProvide rotational education in loans department and others.

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Former Employee – worked at Rabobank America

ProsRabo is a growing company expanding at an incredible pace. A great place to stay busy and gain a great deal of experience with crisis management.

ConsThere are many. Many hours dealing with transitions, missteps and false starts related to acquisitions. Also the constant threat losing you job due to the terrible banking climate at present.

Advice to Senior ManagementCompanies that grow from constant M&A are in a constant state of change. Change is the norm. So it can lead to low morale amongst the employees due to the required layoffs. I would advise them to do more to help morale be it team building or better communication.

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Former Employee – worked at Rabobank America full-time

ProsFair pay, good benefits, friendly environment. Small company feeling and treatment with big business resources.

ConsNarrow work scope, conservative banking mindset, outdated technology.

Yes, I would recommend this company to a friend

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Current Employee – been working at Rabobank America

ProsPhenomenal work/life balance and support for a young family life. Community oriented. Growing while other banks are shrinking.

ConsThe usual "growing pains" of a relatively new organization (new to California at least). Somewhat inefficient and not clear role responsibilities (in some cases).

Advice to Senior ManagementInvest in the technology and people to continue making the bank more efficient and bring it into the 21st century.

Yes, I would recommend this company to a friend

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1 person found this helpful  

Current Employee – been working at Rabobank America

ProsGood benefits - Low cost if you comply with yearly physical exam
3 weeks vacation during first 5 years, beginning with hire
Kin care for use taking care of children or other family members

ConsVery low pay for area, no wage increases for years at a time, even with glowing review you get "due to the economy we are on a raise freeze" and the same day will read an update from the very-removed CEO stating how much $$$$$ we're making and how amazing we are. Does not match up.

No rewards/bonuses/appreciation programs despite long hours and a lot of sacrifice by employees during conversions of other banks and changes in products.

Lack of proper training. Employees who work in back office areas have mostly trained themselves and each other as best they can on products, as training is not provided. On the rare occasion there is a webinar or internal training, it is not made certain each employee can participate.

Sick time is provided, as well as Kin care, however, you are not allowed to use it. Being considered in violation when you have many hours of sick time left doesn't make sense. This is also an area of extreme inequality, as several areas have managers who abuse attendance nearly every week, leaving early, not coming in, coming in late, no notification so employees know how to refer calls.

Advice to Senior ManagementMore rewards for hard work. MERIT based rewards.

Overhaul the sick time policies. Do not reward managers who are not available to their employees. Exempt should not mean setting a very bad example and not being responsible.

Bring back merit-based raises, or just raises at all. Make people feel there is a reason for their hard work, especially considering constant system changes and conversions, other than just keeping their jobs. People should not just work out of fear of a bad economy, they should at least feel there is something to work for other than the same low pay for years and years.

No, I would not recommend this company to a friend

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