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Royal Bank of Scotland
3.1 of 5 330 reviews
www.rbs.com Edinburgh, United Kingdom 5000+ Employees
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Royal Bank of Scotland Reviews

Updated May 17, 2013
All Employees Current Employees Only

3.1 330 reviews

                             

78% Approve of the CEO

Royal Bank of Scotland CEO Stephen A. M. Hester

Stephen A. M. Hester

(139 ratings)

57% of employees recommend this company to a friend
330 employee reviews
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Houston, TX

Former Employee – worked at Royal Bank of Scotland full-time for more than 7 years

ProsRBS is an internaltional bank that offers opportunities around the world. The bank itself has been through a great deal, but has still committed itself to its products. The working environment there was funa dn friendly. The people at RBS were tremendous.

ConsRBS has been around the industry for many years. Prior to the ABN merger it was regarded as one of the safest banks. However, due to its history many bankers have grown up with the company. Therefore, many bankers have been there for years, and the bank is not top heavy. With the downturn of the economy these bankers have decided to stay on longer. The growth opp at RBS is limited.

Advice to Senior ManagementGive a better path to your junior staff.

Yes, I would recommend this company to a friend

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Salt Lake City, UT

Current Employee – been working at Royal Bank of Scotland full-time for more than a year

ProsGood starting pay and good experience for your next job.

Cons2 years with no pay raise or bonus. Most of my co-workers feel like you just need to do your job, make no mistakes. That said very few have any incentive to do more as there is no pay incentive to do so,...and the boss knows that, so he will ask you to do more... in a nice British way.

Advice to Senior ManagementI know the Queen owns us, but please share some of the wealth from our labors.

No, I would not recommend this company to a friend

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Chicago, IL

Former Employee – worked at Royal Bank of Scotland full-time for more than 7 years

ProsIt was a good entry role into Investment Banking, and the work-life balance is one of the best around (probably too good!)

ConsPoor career advancement opportunities led to an exodus of good young talent and has led to an ageing workforce. Still struggling to break out of banking crisis.

Advice to Senior ManagementLess changes in the hierarchy and a reduction in the number of levels - too many chiefs, not enough Indians couldn't be more appropriately used.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Salt Lake City, UT

Current Employee – been working at Royal Bank of Scotland as an intern for less than a year

ProsGood Environment
Nice people
Smart people

ConsCareer Advancement/ Salary Advancement
Low salary

Yes, I would recommend this company to a friend

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Stamford, CT

Current Employee – been working at Royal Bank of Scotland full-time for more than 3 years

ProsGood name to have on your resume
Good professionals, coworkers

ConsDwindling bonuses
Dependency on UK Tax Payers' sensitivity
The bank is driving talented people and key SMEs away

Advice to Senior ManagementIf I say this, I could be identified, so I won't say it until I am somewhere else.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Bridgeport, CT

Former Employee – worked at Royal Bank of Scotland full-time for more than 3 years

ProsVery large international company, lots of room to move around to other opportunities. Many friends were able to be relocated from Connecticut to Atlanta within the companies.

ConsVery bearucratic, back stabbing to get to the top. Typical big company corporate culture where you can't speak up against your manager without your job being on the line even if what you had to say would help improve things.

No, I would not recommend this company to a friend

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Current Employee – been working at Royal Bank of Scotland full-time for more than 3 years

ProsWork life balance is better than most big banks in the industry

ConsBeing in the region means that often your the last to know, since the UK doesn't like to collaborate.

Advice to Senior ManagementPromote from within, don't always just go to the market you have great talent in the bank.

Yes, I would recommend this company to a friend

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Stamford, CT

Current Employee – been working at Royal Bank of Scotland full-time for more than 7 years

ProsNice work environment at Stamford CT, state of the art building and work spaces. Excellent Gym and cafeteria @ work. Good company with a lot of charity & volenteer work. Work place is a conveniently across from the train station.

ConsBad management moves of outbidding to buy the bad bank ABN Amro, and other bone headed acts like the Libor scandal has doomed the bank. Dont expect to see a bonus or a pay rise for years and years to come, unless you sign with a signup agreement. Will be 85% owned by the British goverment and have no real freedom to act as a commercial bank for a very very long time,

Advice to Senior ManagementScrewed up a real good bank with top management greed and short sightedness

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Stamford, CT

Former Employee – worked at Royal Bank of Scotland full-time for more than 7 years

ProsBenefits are ok.
Office in Stamford is nice. Cafeteria offers a large variety of food for breakfast and lunch, not cheap but quality is ok.

ConsAtmosphere is toxic. People are just waiting to be fired or to find a new job outside RBS. If the job market was better the building would be empty.
Bank is basically run by the UK government and it shows.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Stamford, CT

Former Employee – worked at Royal Bank of Scotland as an intern for less than a year

Prosthere is a great environment and culture

Consnot the best to commute from NYC

Advice to Senior Managementn/a

Yes, I would recommend this company to a friend

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