Royal Bank of Scotland Reviews

Updated March 28, 2015
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3.1
907 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
140 Ratings

Pros
  • Potential to give excellent working oppurtunities and help main the work-life balance (in 194 reviews)

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

Cons
  • Work life balance used to be good here but now it's extremely demanding (in 19 reviews)

  • Senior management never follows thru with ideas or current business plan (in 30 reviews)

More Pros and Cons

Employee Reviews

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  1. Royal Bank of Scotland Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - RBS Analyst in Salt Lake City, UT
    Current Employee - RBS Analyst in Salt Lake City, UT

    I have been working at Royal Bank of Scotland

    Pros

    Office Culture, time-off policies, leadership

    Cons

    Promotion, benefits, company values, perks

    Advice to ManagementAdvice

    Promotion, benefits, company values

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. Byzantine, bureaucratic, backward, and abominably boring.

    • 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 Scotland

    Pros

    They pay on time. They have lots of financial (and therefore other) resources.

    Cons

    The most talented people mostly left in the aftermath of the financial crisis. The folks who are still there a hanging on to earn a paycheck. Internal communication is extremely poor - especially across divisions. Management is ossified. Decision-making is slow; often, no one wants to go out on a limb for fear of being wrong. Their technology stack is irretrievably backward.

    Advice to ManagementAdvice

    Start from scratch. Top management needs to lead. Force divisions to communicate with each other. Throw out your tech stack and start over. Get rid of deadwood - you could axe 50% of staff and no one would notice.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. Poor leadership, survival of the weakest

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

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

    Pros

    adequate competitive position in its domestic UK core market with good structured finance capabilities and good relationships with corporates across selected sectors

    Cons

    unclear strategy, one day management want to focus on A, the other day on B and then back to A. Low mood among staff and poor compensation

    Advice to ManagementAdvice

    clarity as to what they want to do with the investment banking division. It will help staff focus on what's important

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. Sinking ship in Asia

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

    I have been working at Royal Bank of Scotland

    Pros

    There are no pros worth listing

    Cons

    If you're based in Asia, not a lot of opportunities going forward.
    Strategic direction was completely missing, with recent announcements about restructuring the bank supposed to address this.
    Reorganisations have been constant and regular feature for a number of years since the big bailout.

    Recommends
    Negative Outlook
    No opinion of CEO
  6. Work Life Balance n that's all

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - IT Technical Analyst in Gurgaon, Haryana (India)
    Former Contractor - IT Technical Analyst in Gurgaon, Haryana (India)

    I worked at Royal Bank of Scotland as a contractor (more than a year)

    Pros

    Good Paymasters
    Work life balance
    Good IT infrastructure
    Average Compensation and benefits
    Good exposure
    New technology hands on
    average food
    Average Transport facility

    Cons

    Zero growth
    Poor management
    Zero focus on IT Support welfare more of passing the buck
    Depressing environment
    Politics everywhere
    Stone age attitude and policy

    Advice to ManagementAdvice

    Focus on employee welfare and care.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. Lost decade

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

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

    Pros

    International staff and colleagues who bring a lot of experience with clients , markets and products

    Cons

    Poor management and execution has resulted in a decade of value destruction and destruction of careers for employees

    Advice to ManagementAdvice

    Stop using external management and consultants who are driving decision making , step up and lead. Just firing people, and firing clients to reduce cost is not going to get the shareholders returns on their capital, rather dare listen to your clients and staff and take the right decision. Firing is easy, delivering on slogans is not easy.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful

    Extremely unpleasant place to work.

    • 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 Scotland

    Pros

    Nice cafeteria and chef
    Very nice facilities

    Cons

    Have a lot of people who have been there for a long time who are extremely unpleasant and become riled if you ask questions. New hires beware
    Management behaves unprofessionally
    Little or no bonuses

    Advice to ManagementAdvice

    Need to shake things up in Stamford.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. Deception at the top

    • 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 Scotland full-time (more than 8 years)

    Pros

    Proximity to housing in Fairfield County

    Cons

    Leadership - no authority in the US to do anything
    Strategy - no ability to enact strategy and no courage to make the right calls
    Business - limited ability to make the bank anything more than weak commercial bank platform
    Talent - leaving as quickly as possible

    Advice to ManagementAdvice

    Retire and move back to Ridgewood, NJ

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. Extremely political organisation

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

    I worked at Royal Bank of Scotland

    Pros

    Big and diverse, good customer base and sales team

    Cons

    Too big, too political, incompetent leadership

    Advice to ManagementAdvice

    Review leadership

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. If joining in IT then a complete no else a chill company to enjoy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Gurgaon, Haryana (India)
    Current Employee - Anonymous Employee in Gurgaon, Haryana (India)

    I have been working at Royal Bank of Scotland

    Pros

    Free meal and cab facility

    Cons

    No work life balance
    You will be asked to serve India shift and then stretch till UK is off 8 AM to 10 PM

    Advice to ManagementAdvice

    Treat employees as human being

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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