Royal Bank of Scotland

  www.rbs.com
  www.rbs.com
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Royal Bank of Scotland Reviews

Updated September 18, 2014
Updated September 18, 2014
697 Reviews
3.1
697 Reviews
Rating Trends

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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
53 Ratings

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here (in 163 reviews)

  • Nice work environment at Stamford CT, state of the art building and work spaces (in 33 reviews)


Cons
  • Work life balance is pathetic for some departments (in 16 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears (in 27 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Bank that is not doing too well- lookong ahead to shave about a fourth of the workforce

    • 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 for more than 3 years

    Pros

    Good people, good buildings and facilities

    Cons

    outmoded technology, poorly run organization, constantly getting fined for legal and procedural violation, constantly bleeding money. threat from the parliment in UK, means bad bank with no pay increases, bonus or any acknowledgement of merit.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Pass on this place if your motivated...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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 for more than 3 years

    Pros

    - vacation time; other benefits
    - office location if you live in conn or nearby in ny

    Cons

    - uk power centric and very political and bureaucratic. Change is not simple and voice from other regions is not heard or executed on.
    - separation of bonus compensation between have's(each business line and its staff, senior management across all lines) and have-nots (finance, operations, IT, etc..) which results in low morale and unmotivated people
    - people leaving and slots are not filled and responsibilities absorbed to already stretched staff or hiring more poorly skilled and unmotivated individuals.

    Advice to ManagementAdvice

    Please go ahead and break up the company and let investment bank actually be an investment bank so it can be competitive. Otherwise you will continue to see people leaving and no one talented coming back...

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Good comp ,vague leadership

    • 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

    comp, benefits, hours, location, employees

    Cons

    managers, workload, work vs life balance

    Advice to ManagementAdvice

    take initiative, do not be so politically correct

    Recommends
    Negative Outlook
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  5.  

    Good place to start

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    Day to day is good, work-life balance is a plus,

    Cons

    Constantly donwsizing, restructuring
    Commute to Stamford is not ideal

    Advice to ManagementAdvice

    Consistency and stability would go a long way in satisfying employees

  6. 1 person found this helpful  

    Disappointing experience

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

    I have been working at Royal Bank of Scotland for more than a year

    Pros

    Office location and some of the people

    Cons

    No room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.

    Neutral Outlook
    No opinion of CEO
  7.  

    Not a lot of room for growth. Most of the management is in Stamford and not a lot of promotion opportunities in SLC.

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

    I worked at Royal Bank of Scotland full-time for more than a year

    Pros

    Great work-life balance. I never worked more than 40 hours per week. Good time off and new parent leave benefits.

    Cons

    management is all in stamford

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Not sure company knows their strategy, unless strategy is to be owned by British taxpayers forever

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

    I worked at Royal Bank of Scotland full-time for more than 3 years

    Pros

    Casual dress. Though if one is picking the bank they work at based on the dress code, are they sure they want to work at a bank?

    Cons

    concentration on personal fiefs instead of big picture.

    Poor management communication. For example, a firmwide communication on process improvement indicated stated goal was to reduce the size of the work force. Nothing like empowering employees to get rid of their jobs. I guess that could be considered a way to engender loyalty and get the most out of people.

    Advice to ManagementAdvice

    It is now six years post crisis, execute on a clear strategy to get out from under taxpayer ownership.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Good

    • Work/Life Balance
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time for more than a year

    Pros

    Work-life balance is really good.

    Cons

    They moved to very congested location, which wasted a lot of commute time.

    Recommends
  10. 1 person found this helpful  

    Sinking Ship

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

    I have been working at Royal Bank of Scotland full-time for more than a year

    Pros

    The employee benefits are really good, but that is about all

    Cons

    Management is terrible, no vision. The analogy of the Titanic sinking and the crew organizing the deck chairs is very fitting for this company. I have not received a raise or a bonus since I started.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11. 2 people found this helpful  

    Career dead end

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • 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 for more than 3 years

    Pros

    There are a lot of nice and quality people there.

    Cons

    Very depressing culture. Morale is awful and getting worse.

    Advice to ManagementAdvice

    Treat people like professionals and don't just offer bonuses to the few; this creates a dual class org structure - the haves and the have nots

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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