Royal Bank of Scotland Reviews

Updated July 2, 2015
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3.1
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Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
175 Ratings

Pros
  • The work life balance here is very good (in 194 reviews)

  • I found the work environment to be very friendly and encouraging (in 40 reviews)

Cons
  • No work/life balance Long hours (in 19 reviews)

  • Senior management need to be reviewed (in 30 reviews)

More Pros and Cons

986 Employee Reviews

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  1. Interest Rate Derivative Confirmation Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Interest Rate Derivative Confirmation Analyst in Fruit Heights, UT
    Former Employee - Interest Rate Derivative Confirmation Analyst in Fruit Heights, UT

    I worked at Royal Bank of Scotland full-time (More than a year)

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

    Pros

    Great environment, employee development, excellent people, learning environment and interesting work.

    Cons

    The computer systems need to be updated, company is in recovery.

    Advice to Management

    Invest in your employees!, stick to the game plan, do what's right.


  2. Don't join

    • 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 Scotland full-time

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

    Pros

    No pros except now it is closing in Asia and employees are going to get paid out. Run by mediocre people (mainly) even avg. staff end up looking good. It does pay well, to be honest but that is about it.

    Cons

    Many - take my word for it. Do not join as I have been with them for many years. It is a complet racist org and basically for people from UK. Run by hill billies and wanna-be.

    Advice to Management

    Take some management courses and learn how to not be inward looking and racist. A complete UK based org now with hill billies running it. Third class org. Use to b a lot better few years ago!


  3. Don't be tempted. Do your research

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

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

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

    Pros

    Benefits are good, especially health insurance. Most people are friendly and try to be helpful

    Cons

    I would Google the company and then infer what the culture is like here. Yes, that bad.

    Headcount is aggressively being reduced. They are looking for any reason to fire people.

    Advice to Management

    All the spin in the world doesn't help. Morale is bad here. I would say more but what is the point.


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  5. Implementation

    • 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 Scotland

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

    Pros

    Generous vacation policy, low pressure. Company still has amazing products that are legacy from ABN Amro days.

    Cons

    Not committed to business. Closing up shop in scores of countries. No growth potential for existing employees.

    Advice to Management

    Focus on a sustainable path to profitability to ensure that you can retain a multitude of talented employees by A) compensating them fairly B) Treating them with respect


  6. Director

    • 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 Scotland full-time (More than 10 years)

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

    Pros

    Good work-life balance. Some European type benefits, like paid time off, are much better than similar US companies. Good 401k matching structure as they deposit matching funds on each paycheck.

    Cons

    The U.S. subsidiary is being massively downsized. UK centric control marginalizes the regions. Government ownership and complete regulator control drives business decisions. Very slow to implement changes. No one makes decisions and no one knows or communicates what is going on in a very turbulent and troubling time

    Advice to Management

    Decide what to do in a timely manner and execute. Stop creating new 5 year plans every year. Stop creating new slogans and cultures every few years.


  7. Senioe Vice President

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

    I worked at Royal Bank of Scotland

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Paternalistic approach to employees and to staffing needs in general

    Cons

    The got caught up in the down sizing trend in 2001

    Advice to Management

    Stay focused on employee wellbeing and it will increase productivity.


  8. Sr software developer

    • 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 Scotland

    Pros

    good working environment; casual atmosphere, allows flexibility in working hour unless project demands it

    Cons

    opportunity for growth is more with people who are vocal and have contacts than how smart you are, or how much you have contributed.


  9. Good for now

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    Good people and work/life balance.

    Cons

    Constantly changing environment and no long term job security due to business strategy.

    Advice to Management

    Transparency via constant communication.


  10. Helpful (1)

    RBS Stamford CT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Stamford, CT
    Current Employee - Business Analyst in Stamford, CT

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

    Pros

    Good work life balance. Near to train station.

    Cons

    All employees working at RBS, Stamford CT, DO Not escalated assault or harrasment accusation against the Directors. Employee relations Team will frame you and fire you. They do not care who is right or wrong. All they favor is high up people. Plus the operation department is a joke. MD hires his friends from across the street and let them run their monkey business. It's a joke! People with lack of professionalism and caliber are assigned as the leader and manager on duty. Waste of resources and Money.

    Advice to Management

    Be more professional and accountable to your employees.


  11. Helpful (1)

    VP

    • 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 Scotland

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

    Pros

    In general, the people working there are good to work with. They recognize good performance and contribution.

    Cons

    Primary is the issues with the ownership of the bank. Downsizing has been ongoing

    Advice to Management

    Provide the most clear outlook for the future for the people still there.



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