Royal Bank of Scotland Reviews

Updated July 4, 2015
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3.1
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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

987 Employee Reviews

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  1. 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.


  2. Good work culture

    • 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

    Work life balance and culture

    Cons

    Less salary and little unstable


  3. Poor Employee Care

    • 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
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Good Location. And thats the only pro!

    Cons

    Did not look after staff

    Advice to Management

    Look after your staff! They are the key to your organisation


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Vice President

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

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

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

    Pros

    Looks after employees and does lot of good work in CSR

    Cons

    Absolutely bureaucratic organisation specially in RBS Operation India
    status - Sinking ship

    Advice to Management

    Become transparent and reduce bureaucracy


  6. What could have been

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

    I worked at Royal Bank of Scotland

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

    Pros

    There are some really people left who really want to make a positive difference.

    Cons

    - With any shrinking organisation there will be bitter and desperate people, struggling to keep their jobs Or to keep draining the money as consultants and contractors (not employees) with no care about the future of the bank.
    - Divisional infighting still occuring
    - Weak, indecisive, manipulative upper middle management, keeping the wool over the eyes of the chaps at the top,
    - The banks was constantly pilloried by lazy press.

    Advice to Management

    - Invest in the modern practices and technology, its mandatory for survival.
    - Incentivise cooperation - true cooperation between all is desperately needed, there is still perceived bad blood, and that is killing efficiency
    - Get rid of the internal PR & Comms machines - the staff are not stupid and its insulting to treat them that way
    - India, offshoring/ outsourcing will not solve problems, yes, it will make them go away, as far away as the subcontinent!


  7. Unprofessional Bank

    • 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
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    If employed externally Good pay and benefits

    Cons

    Constant changing management structure, bullying and pressured selling. Generally a very unpleasant place to work with no good operating structure and hours of unproductive repetitive meetings.

    Advice to Management

    Have an operational rythem that works and be consistent. Put customers first at all times and treat people with respect.


  8. Good WLB .. very less pay

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

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

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Work life balance is really good
    Training teams are very much skilled
    Safe and comfortable for women

    Cons

    Pay is very less compared to market
    Much politics in career growth
    Not in a stable position

    Advice to Management

    Should be transparent in internal job vacancies and interviews
    Managers got to be people managers; not just process managers


  9. Associate

    • 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 3 years)

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

    Pros

    Good people and facilities here

    Cons

    Very non competitve pay, it's embarassing

    Advice to Management

    Pay competitively, no where near competition


  10. Credit manager

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

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

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Good value benefits And flexible choices

    Cons

    Culture of resistance to new and changes; poor upper management culture

    Advice to Management

    To listen to employees more


  11. No hope

    • 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

    if you like running off a business

    Cons

    everything else. The investment bank is being run to the ground.

    Advice to Management

    Management of RBS can't do much right as the bank is essentially bankrupt.



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