Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated January 25, 2015
Updated January 25, 2015
825 Reviews
3.1
825 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
109 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    I worked with a great group of professionals

    • 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 as a contractor (more than 3 years)

    Pros

    Great opportunity to be exposed to new projects and new ideas. Easy to take a leadership role and get feedback on performance.

    Cons

    The culture does not encourage decision making. There are far too many hoops and processes to jump through for the simplest of decisions.

  2.  

    I was a summer analyst in corporate finance/capital markets area in their U.S. headquarters.

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

    I worked at Royal Bank of Scotland as an intern (less than an year)

    Pros

    Can make descent money, great hours compared to other investment banks,

    Cons

    In stamford ct., don't do much advising pretty much just provide financing, not terribly interesting people

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

    Excellent US operation hampered by financially troubled parent

    • 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 an year)

    Pros

    Global name recognition, great benefits, top rated employees

    Cons

    Limited US footprint, not much innovation going on.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. 5 people found this helpful  

    Worst Work Experience of My Life!!! Possible Employees Beware!!!

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

    I worked at Royal Bank of Scotland full-time (less than an year)

    Pros

    Good starting base pay, and work life balance. That's about it.

    Cons

    Horrible Management, Culture (i.e. Nobody cares about their job). Very petty work environment. No direction from Upper Management.

    Advice to ManagementAdvice

    Hires more competent Directors, V.P.s, etc.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 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
  7.  

    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.

  8.  

    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
  9. 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
  10.  

    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
  11.  

    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

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