Royal Bank of Scotland Reviews

Updated July 28, 2015
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1,029 Employee Reviews

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  1. Associate in Trading technology

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

    I have been working at Royal Bank of Scotland

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

    Pros

    * Great work life balance * Few banks where you can easily get done with 40-45 hours per week * Good benefits and good office facilities

    Cons

    * No scope for growth * company on a downward spiral * Stagnant workforce who have been around for too long

    Advice to Management

    * Hold onto your best people. If not, they will move on.


  2. Helpful (1)

    So So

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

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

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Was given lots of opportunities

    Cons

    They are shrinking there investment bank globally


  3. Good company. but future is uncertain

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    good benefits, good work life balance. it is not sweat shop like other wall st companies.

    Cons

    lots of uncertainties on the future of the company, at least for US operations/presence. things does not happen quickly.

    Advice to Management

    need to be more proactive.


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  5. Helpful (1)

    Good place to work

    • 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

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Great place to work with great clients

    Cons

    Business longevity and job security


  6. A Bank on the Brink

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    Was a fantastic place to work, a great group of people unfortunately the majority have either left or been let go.

    Cons

    Uncertainty, the bank continues to fall on hard times with no real end in sight. Businesses will be sold or shut down and many more jobs will be cut.

    Advice to Management

    Be honest with your employees and keep them informed. The more transparency the more appreciative the employees will be.


  7. Nice people but down sizing

    • 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

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

    Pros

    They have a Good work life balance

    Cons

    Direction of the company unknown

    Advice to Management

    One word ... Communicate


  8. Byzantine, bureaucratic, backward, and abominably boring.

    • 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

    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 Management

    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.


  9. Royal Bank of Scotland Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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

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

    Pros

    Office Culture, time-off policies, leadership

    Cons

    Promotion, benefits, company values, perks

    Advice to Management

    Promotion, benefits, company values


  10. Overall good, and one of the best place to work for once surely.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Designer in India, MS
    Current Employee - Senior Software Designer in India, MS

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    1- Good environment 2- Financial Domain 3- Exposure with business 4- Technical strong interview, so you get chance to work with good people. 5- Junior to Senior experience level developers, pretty much every one is individual contributor.

    Cons

    - Non technical management / Manager - Many level of managers, spoils gist of technology. - Appraisals, and promotions not easy. - Too many changes, in management hierarchy . - constant loss of business.

    Advice to Management

    To keep organization, sustainable for long term...right people should be promoted rather than personal relationships.


  11. Bad location away from city. Massive departure

    • 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

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

    Pros

    Reasonable hour and benefit, good work life balance, coworkers are nice

    Cons

    Stamford location, hard to attract and retain talent. Massive turnover the past 3 years



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