Royal Bank of Scotland Reviews

Updated October 22, 2014
Updated October 22, 2014
732 Reviews
3.1
732 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
70 Ratings

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here (in 185 reviews)

  • I found the work environment to be very friendly and encouraging (in 41 reviews)


Cons
  • Work life balance is pathetic for some departments (in 18 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears (in 28 reviews)

More Highlights

Employee Reviews

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  1.  

    Was Outstanding...

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

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

    Pros

    ...prior to the government takeover. My review is based on that timeframe, which I understand is very different from now. Excellent pay and bonuses. Managers that had reasonable expectations and looked out for their employees. Allowed a lot of latitude to do the job as seen best fit. The very best earned promotions, the average kept their jobs, the worst got removed- just the way it should be. Outstanding benefits even compared to peer group.

    Cons

    Upper management all in the UK, which meant USA employees sometimes felt left out. Missteps by a few cost a lot of people money and jobs.

    Advice to ManagementAdvice

    Things are different from when I was there so no comment.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Challenging

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

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

    Pros

    High turnover therefore opportunities to step up and learn abound. Easy access to senior management if you are willing to put in work.

    Cons

    Poor pay, no raises or bonuses. Terrible commute from NYC. Bureaucracy.

    Advice to ManagementAdvice

    Compensation needs to be improved.

    Doesn't Recommend
    Negative Outlook
  3.  

    Royal Bank of Scotland could be better.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    Huge Global Presence, many branches

    Cons

    No opportunities for growth or development at present.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 1 person found this helpful  

    Great place to get your foot in the door

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Taylorsville, UT
    Current Employee - Operations Analyst in Taylorsville, UT

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

    Pros

    -Competitive starting salary with excellent benefits package
    -Excellent experience with a company that seeks recent college graduates
    -Opportunity to learn valuable skills in international banking

    Cons

    -Company performance still suffering from financial crisis
    -Limited opportunities to move up the ladder
    -Operations last chosen to receive any financial increases

    Recommends
    Neutral Outlook
  6.  

    London driven, weak local management, poor strategy, but good people

    • 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 8 years)

    Pros

    Good people, common purpose, good balance

    Cons

    Poor leadership, no strategy, infighting

    Advice to ManagementAdvice

    Choose a direction, move forward

    Negative Outlook
    Approves of CEO
  7.  

    no room for growth

    • 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 5 years)

    Pros

    people are laid back and great to work with

    Cons

    no room for growth and seniority matters. So suggestions go unheard. Some managers and seniors are too proud to listen to others. Some managers probably should never been managers and find excuses to avoid work; company also finds excuse to avoid bonus payout. Lack of recognition or awards.

    Advice to ManagementAdvice

    Listen to what others are saying. Don't look shoot down everyone's inputs and thoughts. Just because you don't think it'll work. Some advice are actually worth the time to look into. Also, please stop looking for scapegoats whenever stuff doesn't work out. It creates a very hostile environment.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Good expereince work wise, but a lot of uncertainty in most US locations excluding Stamford, CT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Prime Brokerage Analyst in Chicago, IL
    Former Employee - Prime Brokerage Analyst in Chicago, IL

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

    Pros

    Fast paced enviornment, great co-workers.

    Cons

    Lack of long term outlook in some areas

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 1 person found this helpful  

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

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

    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.

    Doesn't Recommend
    Negative Outlook
  10.  

    Career opportunities in a very challenging environment

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

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

    Pros

    Good career development opportunities.
    Very good work/life balance.

    Cons

    A lot of uncertainty at this point in time.

    Advice to ManagementAdvice

    Clearer and assertive communication. No sugar coating.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Very Political environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Chicago, IL
    Former Employee - Manager in Chicago, IL

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

    Pros

    Good salaries and benefits and great co-workers

    Cons

    Very political and little room for advancement

    Advice to ManagementAdvice

    Open the doors for advancement to everyone

    Recommends
    Neutral Outlook
    No opinion of CEO

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