Royal Bank of Scotland Reviews

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3.5
22 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
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22 Employee Reviews

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  1. trying to succeed in a tough environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - UK Retail in City of London, England (UK)
    Current Employee - UK Retail in City of London, England (UK)

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    good people, variety of roles on offer and divisions. salaries are generally good, good at diversity and work life balance.

    Cons

    still very much in the press and public eye. Poor media coverage and general banker bashing in the UK. Some politics and beauracracy.

  2. Dominated by middle management and a lack of involvement with the general staff.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Clerical Officer in City of London, England (UK)
    Former Employee - Clerical Officer in City of London, England (UK)

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

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Modern facilities, in major cities. Account benefits for all staff members such as extended overdraft, travel insurance and pension plans.

    Cons

    With the bank split into business and customer clients bases, the focus is really directed away from customers as the majority of profits comes from business clients. As a result the side of the business that deals with customers tends to be filled with the less ambitious, more incompetent staff. There is a great deal of jumping through hoops required to get to a position of responsibility where you are capable of affecting the status quo.

  3. Hero Worshipping

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Project Manager in City of London, England (UK)
    Former Employee - Project Manager in City of London, England (UK)

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

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Large multi-cultural organisation, with opportunity to grow and move within the company.
    Has good people working from them.
    Excellent flexible benefits and reasonably competitive base salary

    Cons

    Managers also act as Business Analysts rather than managing the work. Seem to prefer heroes to emerge and praise them, rather than the teams effort.

    Advice to Management

    Let managers manage and get Subject Matter Experts/Business Analysts to advise. Don't mix them up.
    Get in people managers who know how to handle teams rather than letting SME do it.

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  5. Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)

    I worked at Royal Bank of Scotland

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Sociable dynamic team
    Good level of remuneration
    Good career progression

    Cons

    Low bonus potential
    Long working hours

  6. Long

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    variety salary people location management

    Cons

    security size quality of work

  7. Enjoyable place to work, good work/life balance, motivated teams.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Vice President in City of London, England (UK)
    Former Employee - Vice President in City of London, England (UK)

    I worked at Royal Bank of Scotland

    Recommends
    Recommends

    Pros

    Great people
    Global coverage
    Moves quickly
    Challenges available to those who want them

    Cons

    Negative media coverage
    Government ownership seen as holding the firm back
    Tight budgets

    Advice to Management

    Stay the course, and encourage everyone to do this too.

  8. Solid place to work, but morale has taken a beating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)

    I worked at Royal Bank of Scotland

    Approves of CEO
    Approves of CEO

    Pros

    Interesting projects, real desire to implement and deliver change.
    Very flexible benefits programs, and good work life balance.
    Motivated management with a real desire to restore company pride, improve the place and overall competitiveness.

    Cons

    Tough place to work with constant government and media attention.
    Getting projects off the ground involves navigating bureaucratic processes.
    Very different cultures between business units can cause issues if there are interdependencies.

    Advice to Management

    Stay the course with the rebuilding strategy, and maintain regular communication of updates and progress - this is appreciated and acknowledged by staff.

  9. Complex company with pockets of talent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    Easy to find a niche

    Cons

    It tends to be quite beurocratic

    Advice to Management

    Cut the politics

  10. Reflects current ecomonic climate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in City of London, England (UK)
    Current Employee - Anonymous Employee in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    Hours are good overall, long term staff

    Cons

    lack fresh blood, complexity of various systems and lack of streamlined processes.

  11. Over recent years it has been challenging but the Bank has a strong core of experienced, dynamic and helpful staff.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Relationship Director in City of London, England (UK)
    Current Employee - Relationship Director in City of London, England (UK)

    I have been working at Royal Bank of Scotland

    Pros

    The organisation covers the full gambit of banking services and therefore affords employees with the opportunity to build their experience and provide customers with a full banking service.

    Cons

    Over the recent past, mainly due to political pressures and media focus, it has proved difficult for the Bank to reward staff to the level that it had previously done.

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