Royal Bank of Scotland Reviews

Updated August 30, 2015
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
206 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

1,088 Employee Reviews

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  1. Helpful (2)

    A waste of energy

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - KYC Analyst in Jersey City, NJ
    Former Employee - KYC Analyst in Jersey City, NJ
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Plenty of time to look for another job, long lunches, lots of free time and laughs. Time off was never an issue and when work was necessary, minimum requirements were accepted.

    Cons

    Nothing to learn, no motivation or expectation of advancement. A dead end for sure. Witness extreme organization failure with absent management consumed in their personel affairs.

    Advice to Management

    Remember, the workers are vital and will support if respected.


  2. Helpful (1)

    Regretful experience

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great benefits and very laid back culture.

    Cons

    Management lacks leadership experience and is unapproachable


  3. Frustrating, involved lots of work and no recognition.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Analyst in Stamford, CT
    Former Employee - Systems Analyst in Stamford, CT
    Doesn't Recommend

    Pros

    There are some bright people and the facility is a very comfortable place to work.

    Cons

    They are so hindered by their failures that they can not afford to hire people but rely on contractors.

    Advice to Management

    It is broken and unlikely to really ever be fixed. I had never seen the word impariment in a financial statement before I worked at RBS. Thanks for the painful education.


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  5. Helpful (1)

    Unfortunate place to work that I would not recommend to anyone.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Cranston, RI
    Current Employee - Anonymous Employee in Cranston, RI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Benefits besides pay. There are a few good people but most everyone has blinders on and can't think outside the box.

    Cons

    Lack of leadership or accountability. Do not listen to employee feedback. Do not care of career path and could care less if you leave Senior Management is disconnected from what is actually going on.

    Advice to Management

    Need a changing of the guard and need to streamline processes.


  6. Helpful (1)

    Just plain awful!

    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Stamford, CT
    Current Employee - Vice President in Stamford, CT

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

    Pros

    Compensation and 401k were good

    Cons

    Slave drivers with no thought to employee's concerns

    Advice to Management

    The HR Director should stop worrying about the right season to wear open toe shoes and learn about human capital management and employment law


  7. No growth prospect

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Manager in Stamford, CT
    Current Employee - Risk Manager in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Greenwich capital used to be a great company. Since it was acquired by RBS, the culture has changed and it is hard to see any pros

    Cons

    The company has no growth prospect: the business is shrinking, people are leaving, bonuses are gone and it is hard to see how the company will reimburse the UK government. New grads come and go as they realize the grim outlook.

    Advice to Management

    Fire half the people, double the pay for the one who stay and productivity will come back... without incentive don't expect to get anything from your employees


  8. Horrible place to work at. People cannot leave quick enough

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Royal Bank of Scotland full-time (More than 5 years)

    Pros

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

    Cons

    Atmosphere 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.


  9. Worst work experience of my life... No Joke!!!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in Salt Lake City, UT
    Current Employee - Team Leader in Salt Lake City, UT
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Starting salary was very aggressive & competitive. Good training program.

    Cons

    Director & VPs (i.e. Management). Talk about incompetent. Decisions are not based on performance. Rather, they are made on pure emotion with no logic or backing. I have never been treated so poorly in my life by an employer. The whole Management team, starting at the top, have their head-up their a@#es.

    Advice to Management

    Get a new job as an Analyst in a dark basement far far away.


  10. Helpful (2)

    Perhaps the worst work experience of my life.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Stamford, CT
    Former Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Negative Outlook

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

    Pros

    * Nice building * Some perks * Some decent hardworking people

    Cons

    * Gossipy / backstabbing behavior is encouraged * Transfers between departments are shunned * Don't end up on anyone's hit list... you'll be gone before you can say "haggis"

    Advice to Management

    Take a good look at who's managing the place. You'll find the inmates are running the asylum.


  11. Helpful (1)

    If you like constant transitions and a creaky foundation, look no further

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Stamford, CT
    Former Employee - Director in Stamford, CT
    Doesn't Recommend
    Negative Outlook

    I worked at Royal Bank of Scotland full-time (More than 5 years)

    Pros

    Great people Location in Stamford was great since I lived in the 'burbs

    Cons

    Local management afraid/unable to make tough decisions Senior management in London make all the calls Few people really have your back regardless of how much value you added.



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