Royal Bank of Canada Reviews

Updated July 4, 2015
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3.8
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Recommend to a friend
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David I. McKay
3 Ratings

Pros
  • Adequate work/life balance relative to other large investment banks (in 30 reviews)

  • Diverse, inclusive, fun work environment (in 24 reviews)

Cons
  • The bank is fast paced making work/life balance tough (in 10 reviews)

  • Senior Management can be all over the place sometimes (in 11 reviews)

More Pros and Cons

602 Employee Reviews

Sort: Popular Rating Date
  1. RBC Review

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

    I have been working at Royal Bank of Canada full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very very nice people and work environment. Well paid and good benefit. Can esaily get exposed to different functions of the firm and many career opportunities.

    Cons

    There are really not much downside. Depends what kind of company culture/work environment you like, you do not usually get a lot of pressure working at RBC.

    Advice to Management

    It could potentially be nice to have more compeititve and fast-paced values added to the firm to inspire people improve/move forward in a faster pace.


  2. Ehhh

    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Royal Bank of Canada

    Pros

    Growing
    Generally pleasant people
    Well paid
    ok hours for the industry

    Cons

    Not the most sophisticated bank
    low brand recognition
    Some awful attitudes

    Advice to Management

    Keep striving for balance between growth and overexpansion. Purge the toxic people, they ruin an otherwise good culture.


  3. Account Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Manager in Ontario, CA
    Former Employee - Account Manager in Ontario, CA

    I worked at Royal Bank of Canada full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people to work with. Great information to provide to client with decent tools.

    Cons

    Work life balance not there. Expected to hit targets even if 60+hours were needed. For the pay the time put in was not worth it.

    Advice to Management

    Practice what is stated. Work life balance is a must. When there were problems outside of work I was given time off but then was given low quarter reviews when targets were not met. So it is great to give the quarter off without pay and still keep my job but than to be rated non-performing is a little much.


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  5. Helpful (1)

    Great Place to Work

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

    I have been working at Royal Bank of Canada full-time

    Pros

    Great experience with my wealth management team. Highly efficient with revenue and continuing to grow. The partners made the work environment as comfortable as possible and the hours were not bad. I personally stayed an hour after my leaving time in order to keep a leg up on my work.

    Cons

    I cannot really comment on a poor experience with my time at RBC. The pay is pretty standard for the position I was in, however, one may look for a bit more compensation depending on the level of experience a person has within the given position. I was straight out of school, therefore had very little experience.


  6. Great Company

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

    I have been working at Royal Bank of Canada full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great people. Respectful workplace and low turnover rate. Puts focus on clients first. Always strive to open communication and listen to employees feedback.

    Cons

    Not much room for career growth or slow progression. Stagnant salary improvement.


  7. grwate

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

    I worked at Royal Bank of Canada part-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Come back! Professional, great brand rwcognition

    Cons

    None! Except for leaving the Florida market

    Advice to Management

    Florida foot print


  8. Okay

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

    I worked at Royal Bank of Canada full-time (More than 3 years)

    Pros

    Greet staff
    Great team work
    Great customer service experience

    Cons

    Low Pay
    Blame customer service representatives for all mistakes
    Cheap

    Advice to Management

    Should treat your employees better. It's shameful to hear what has been happening recently. No one should be showing up to work everyday with no indication of when it will be their last day.


  9. Front Office Manager- Trade Support, Risk and Compliance

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

    I have been working at Royal Bank of Canada full-time (More than 10 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good management, Nice colleagues, Flexible work life balance, career growth opportunities

    Cons

    Biased Senior Management, Sexual violence at its peak, manipulation

    Advice to Management

    Be fair and just


  10. Very limiting

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Canada full-time

    Pros

    Typical big 5 bank atmostphere

    Cons

    Little opportunity for growth etc.

    Advice to Management

    N/A


  11. unix/storage administrator

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

    I worked at Royal Bank of Canada (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    none - avoid this firm at all costs

    Cons

    poor pay, useless management who talk endlessly about hoe much they value their employees all the while figuring out how to screw them some more.

    Advice to Management

    don't look in the mirror - you'll not likely like what you see.



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