Royal Bank of Canada Reviews

Updated March 30, 2015
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  1. Great place to work.

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

    I have been working at Royal Bank of Canada

    Pros

    RBC is a great place to meet life long friends. Teamwork is always there and management has a great open door policy.

    Cons

    I would like management to be more open with the direction of the company.

    Advice to ManagementAdvice

    Be more open with the direction of the company.

    Recommends
  2. 1 person found this helpful

    Poor Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - IT Project Manager in Rocky Mount, NC
    Former Employee - IT Project Manager in Rocky Mount, NC

    I worked at Royal Bank of Canada

    Pros

    Money was good/ competitive because they were so close to Raleigh but still in a small city. Decent bonus structure, too.

    Cons

    About 80% of USA IT staff were contractors. Very high turnover of regular staff. People constantly moving around because nowhere was good for settling. Management was the reason, poor management all around. Highly political and they expected you to work the same hours as contractors who were getting paid hundreds by the hour.

    Advice to ManagementAdvice

    I would recommend that RBC management look closely at where the talent is and work very hard to keep it. Also recognize the need for a work life balance.

    Doesn't Recommend
  3. 2 people found this helpful

    Weak management in the US

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

    I have been working at Royal Bank of Canada

    Pros

    Not a bad place in the current environment on
    Wall Street

    Cons

    Weak management. Management does not effectively communicate performance measures and changes them to suit the need at bonus. Management does not effectively communicate financial details of the business but focuses on the good news of 1 or 2 good thing- not the entire picture. Feel like management is more interested in protecting their job than anything else. Very political. If you are not part of the club you can expect nothing good.

    Advice to ManagementAdvice

    Communicate honestly and openly. Listen to everyone and not the chosen 2-3.

    No opinion of CEO
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  5. 1 person found this helpful

    Strong company with few hiccups is worth working for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Relationship Banker in Southern Pines, NC
    Current Employee - Relationship Banker in Southern Pines, NC

    I have been working at Royal Bank of Canada

    Pros

    RBC is a very sound financial institution with many different products to offer. This lends itself to also having many job growth opportunities. The people are generally friendly and very helpful. I find that, for the most part, clients leave happy and are starting to spread the word in our area about our service. There is a very strong emphasis on placing the goals of the client as a number one priority. As with all sales roles, there are minimum expectations for mystery shops. Beyond that, there is an open door we can walk through to make each client interaction unique. All-in-all, RBC Bank is poised to be a strong choice when seeking employment.

    Cons

    some miscommunications about expectations, frustrations when researching items that were more easily found when worked with competitor bank

    Advice to ManagementAdvice

    Please advise with a clear, consistent message on what needs to be accomplished and continue to coach openly with employees

    Recommends
    Approves of CEO
  6. 3 people found this helpful

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Banking Vice President in New York, NY
    Former Employee - Investment Banking Vice President in New York, NY

    I worked at Royal Bank of Canada

    Pros

    Best place I've ever worked. Enjoyed most of the people I worked with. Compensation and benefits were good. Company affords people the opportunity to demonstrate their capabilities, particularly compared to many other investment banks.

    Cons

    Brand recognition is not what it is for other firms or what it could/should be. It is unfortunate, because I've worked at more "name brand" banks where the people were highly incompetent and where the work was poor - at RBC the brand recognition isn't as good, but I felt the people and the work we did was significantly better than at other "name brand" banks.

    Advice to ManagementAdvice

    No significant feedback for senior management.

    Recommends
    No opinion of CEO
  7. Investment representative

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

    I worked at Royal Bank of Canada

    Pros

    big corporation, good benefits and great people to work with.

    Cons

    limited opportunities to move within. stress sales environment

    Advice to ManagementAdvice

    better communication with employees, be more flexible and open with employees' development

    Recommends
    Negative Outlook
  8. Good experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Canada

    Pros

    Professional environment, diversity and inclusion

    Cons

    can not think of any

  9. Great experience here

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

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

    Pros

    Great experience, lots of room to grow. Great people

    Cons

    Large organization, lots of competition to move up and around within

    Recommends
    Positive Outlook
    Approves of CEO
  10. Great company

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

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

    Pros

    Good work environment, great direction and good annual bonuses with pension plan.

    Cons

    ability to work the network.

    Advice to ManagementAdvice

    Consensus oriented decisions can take too long. Must be willing to make a decision despite the fact that some people are not going to like the decision and move forward.

    Recommends
    Positive Outlook
    Approves of CEO
  11. Had a great time and the employees were very friendly. Management were very supportive when you needed assistance.

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

    I worked at Royal Bank of Canada

    Pros

    Salary was very competitive and the customers were very friendly. Overall great experience and would recommend joining this company to anyone looking for employment.

    Cons

    Didn't have any cons. Please refer to the pros. Now I have to fill the rest of this sentence for the twenty word minimum.

    Recommends
    Neutral Outlook
    No opinion of CEO

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