Rabobank

  www.rabobank.com
  www.rabobank.com

Rabobank Reviews

Updated December 22, 2014
Updated December 22, 2014
73 Reviews
3.5
73 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Rabobank Chairman Piet Moerland
Piet Moerland
21 Ratings

Review Highlights

Pros
  • Good work life balance in segments where would otherwise not be the case (in 18 reviews)

  • There are good people working for the bank that are not advancing as they deserve (in 6 reviews)


Cons
  • Due to the fact that it is a Dutch company operating globally, the influence of the (in 17 reviews)

  • Abuse of power by senior management especially by senior HR head (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    great work environment well below market pay

    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Rabobank

    Pros

    Collegial work environment constant deal flow

    Cons

    Low below market salary and bonus

    Advice to ManagementAdvice

    pay market salaries and bonuses

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Mixed bag

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY

    I worked at Rabobank full-time (more than 3 years)

    Pros

    There are good people that work at Rabobank - better culture than at bulge bracket banks.

    Cons

    It is culturally very Dutch - people value consensus building and group discussions. This is challenging when you need to move quickly to make decisions.

    Advice to ManagementAdvice

    Hire more junior staff!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Ovrworked and micromanaged

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Rabobank as a contractor (more than an year)

    Pros

    There are good people working for the bank that are not advancing as they deserve

    Cons

    Many managers and specilaists are not held accountable for their work and it is left for other people to pick up the mess after these people are promoted.

    Advice to ManagementAdvice

    Your employees are your revenue earners, pay them better.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
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  5. 2 people found this helpful  

    Great place to be if you are just starting or are in the middle of your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Rabobank full-time (more than 10 years)

    Pros

    Excellent benefits, good work-life balance, friendly co-workers

    Cons

    Due to the fact that it is a Dutch company operating globally, the influence of the Dutch is inescapable. Sometimes that's good. Sometimes, particularly in recent years as the Dutch economy has been on the skids, that can be bad - bad for morale, bad for business. Also, Dutch employees are given significantly more opportunities for career growth than are local employees. Someone has said it before. It helps if your name is Hans or Geert or Henk.

    Advice to ManagementAdvice

    Give more of your international (i.e., non-Dutch) employees the same kinds of international career opportunities that you give to your employees from The Netherlands.

    Recommends
    Neutral Outlook
  6.  

    Not Recommended

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at Rabobank full-time (more than 3 years)

    Pros

    Good benefits, smart people, good work/life balance. Promotions are more focused on ex-pats from the Netherlands. Mid-town location in NY is great.

    Cons

    As a European bank, management looks at NY as being extraneous. Senior management has not yet figured out if they want to be an international bank or one focused primarily in the Netherlands. Bank continues to reduce headcount. Too bad the primary focus is only food and ag. Unfortunately regulation will strangle this institution.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Good workplace

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Controller
    Former Employee - Financial Controller

    I worked at Rabobank full-time (more than 3 years)

    Pros

    - Great benefits
    - Care for employees
    - Many career opportunities

    Cons

    - Very bureaucratic
    - Very political environment (but which large company isn't?)

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Average Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Rabobank

    Pros

    Committed to their clients and able to take large tickets

    Cons

    Poor compensation with little expectation of improving

    Advice to ManagementAdvice

    Be more transparent with compensation

  9.  

    Customer Service Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Manager
    Current Employee - Customer Service Manager

    I have been working at Rabobank full-time (more than 8 years)

    Pros

    They offer great benefits including vacation

    Cons

    There are no cons to this company

    Recommends
    Approves of CEO
  10.  

    Bored and no chance for advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY

    I have been working at Rabobank full-time (more than 5 years)

    Pros

    If you are Dutch, you have a job for life. Work life balance is decent.

    Cons

    Many layers of management and senior managers are very scared of failing which has completed stopped investing.

    Advice to ManagementAdvice

    Remember that you are responsible for the well being of your employees and need to be honest to them if you are going to cut back business and development which hurts their careers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Great Company if you can survive the politics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Rabobank full-time (more than 5 years)

    Pros

    Excellent work/life balance especially for a bank
    Family friendly culture
    Great benefits
    Depending on the group they still party like it was 2005
    Very sustainable core business (It's a food and ag bank. Everyone's got to eat)
    Very efficient org structure. Little to no silos. I got to water many hats in my position.

    Cons

    Hunger Games style office politics even before 2008
    No meritocracy here.
    Pay on the lower end of the spectrum.
    Limited career growth unless you're Dutch or in with the in crowd.
    Some positions/responsibilities being repatriated to NL

    Advice to ManagementAdvice

    Why bother, nobody will listen

    Doesn't Recommend
    No opinion of CEO

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