Royal Bank of Canada

  www.rbc.com
  www.rbc.com

Royal Bank of Canada Reviews

Updated December 16, 2014
Updated December 16, 2014
518 Reviews
3.5
518 Reviews
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Royal Bank of Canada President and Chief Executive Officer Gordon M. Nixon
Gordon M. Nixon
303 Ratings

Review Highlights

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

  • The culture and work environment is very motivating and inspiring for creativity (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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Auditor

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

    I have been working at Royal Bank of Canada

    Pros

    Wide range experience in the bank

    Cons

    Can be repetitive and boring

  2.  

    Training is excellent, however day to day needs a bit of work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fraud Analyst in Montreal, QC (Canada)
    Current Employee - Fraud Analyst in Montreal, QC (Canada)

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

    Pros

    Training is excellent, sometimes the trainer can be a bit excessive about policies however you do learn everything you need for the job. The building and work environment is quite nice and clean and friendly staff for the most part.

    Cons

    Breaks and lunches are too strict, and schedule needs a bit of work. Too much time is focused on whether you are at work and not enough is spent looking at the work you perform.

    Advice to ManagementAdvice

    Look at the work of employees rather than the disciplinary actions you can take against them. Sometimes a longer break is necessary, emergencies do happen.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Branch Manager

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

    I have been working at Royal Bank of Canada

    Pros

    great future opportunities with the company

    Cons

    sometimes can be a little tedious

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Performance doesn't matter

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Account Manager Business/Personal
    Former Employee - Senior Account Manager Business/Personal

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

    Pros

    There are a lot of opportunities, if you get along with the right people. Benefits and profit sharing options are good, as well.

    Cons

    If a manager takes a dislike for you, for whatever reason, which may not even be work related, you won't move up despite any of your accomplishments. I had a manager flat out tell me there's no way I'll ever advance within the company, right after I moved into a new role. Nothing like encouraging your employees to jump ship.

    Advice to ManagementAdvice

    Get more engaged. The fiasco in the news is just a drop in the bucket of what's wrong in the company.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Some Pros and Cons

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fraud Agent in Montreal, QC (Canada)
    Former Employee - Fraud Agent in Montreal, QC (Canada)

    I worked at Royal Bank of Canada full-time (more than an year)

    Pros

    Salary, Works well if your part time, benefits, possibility to move up within the company.

    Cons

    Horrible hours, Scheduling on a flex Schedule makes no sense. Will not allow one to trade shifts as needed to make schedule tolerable and still cover all the hours for business needs.

    Advice to ManagementAdvice

    Stop trying to micromanage everyone.

    Doesn't Recommend
    Neutral Outlook
  7.  

    compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in Vancouver, BC (Canada)
    Current Employee - Account Manager in Vancouver, BC (Canada)

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

    Pros

    good learning for self financial management

    Cons

    Low salary slow increase, management always trying to minimize employee's salary

    Advice to ManagementAdvice

    management should work on improve compensation to existing employee
    clients are complaining branch staff turn over rate, retain experienced staff is the #1 way to go for putting client first.

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Meh

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

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

    Pros

    Big company, with lots of opportunity

    Cons

    Bd branch management can ruin the branch and make a horrible work invironment

    Advice to ManagementAdvice

    Be careful who you choose to manage your branches

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Working with Front & Middle office systems.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Analyst in Toronto, ON (Canada)
    Current Employee - Technical Analyst in Toronto, ON (Canada)

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

    Pros

    Fixed hours - work alongside market open and close. Pretty relaxed management style.

    Cons

    Very stressful environment - production issues have to be fixed all day and every day before market open. The work is quite repetitive, reading info from feeds or files and some light manipulation. Following that, gets sent out to GUIS.

    Doesn't Recommend
    Positive Outlook
  10.  

    Good company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Toronto, ON (Canada)
    Current Employee - Manager in Toronto, ON (Canada)

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

    Pros

    knowledge sharing, progressive thinking, can move to different roles

    Cons

    hard to get a sponsor to move up

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    Excellent Employer to work for in Canada

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

    I have been working at Royal Bank of Canada full-time (more than 3 years)

    Pros

    Management Style is one of the best

    Cons

    Growth for employees with vintage.

    Advice to ManagementAdvice

    Talent Retention

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