Royal Bank of Scotland Reviews

Updated July 1, 2015
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985 Employee Reviews

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  1. Great pay but limited small minded leadership

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

    I worked at Royal Bank of Scotland full-time (Less than a year)

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

    Pros

    I worked at RBS in their New York office. I really liked the people I worked with and looked forward to having an illustrious career there. One of the benefits to limited leadership is the opportunity to develop yourself.

    Cons

    Your career can be stunted as management is really petty and there is no real structure for succession planning. HR sucked and all the prime benefits went to the UK expats. Management didn't listen to employees about developing the company and how to grow a better firm.

    Advice to Management

    Develop your employees.


  2. No room for growth or development

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

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

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

    Pros

    Great Work life balance, roles are easy to learn

    Cons

    No room to grow, systems need to be updates


  3. Had a wonderful experience working with diverse set of people trying to turn-around the bank

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland full-time

    Approves of CEO
    Approves of CEO

    Pros

    Top management is working hard to change the culture

    Cons

    Too big - Bureaucratic; however, the top management is trying hard to change this.


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  5. RBS are effectively exiting the US but are still recruiting to wind the business down...but they won't tell you that!

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

    I worked at Royal Bank of Scotland full-time (Less than a year)

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

    Pros

    Great building, great facilities, nice people

    Cons

    Professional review process is routinely abused to manage the comp pool (downwards)
    Senior management quote "stay if you want to, leave if you want to...we don't care"
    Dishonesty is ingrained within in the Bank's DNA
    Seniors get paid even though they've mismanaged the Bank to near extinction...line staff just get base...suck it up or leave.
    Line staff are expected to display loyalty by foregoing bonus and quality of life (50+ hour week with no upside) to pay fines for mismanagement and borderline criminal behavior, but the Bank feels NO loyalty to its staff.

    Advice to Management

    If you won't do the right thing and fall on your swords then forego your bonuses and accept responsibility for your utter lack of integrity, malfeasance, incompetence and negligence.

    Stop lying and cheating, pay your people fairly and conduct yourselves with integrity at all times inside the Bank as well as publicly.

    Claiming that RBS now conducts itself ethically, morally and with integrity is not accurate if you give your staff the shaft whilst continuing to enrich yourselves at their expense


  6. Development Moves to London

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

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

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

    Pros

    A lots of challenging software tasks. New tools of development Good salary

    Cons

    Most of the interesting quant stuff moves from US to London


  7. Helpful (1)

    Office Closing

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

    I have been working at Royal Bank of Scotland full-time (More than 3 years)

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

    Pros

    They gave some 3 months notice, and others up to 6 months.

    Cons

    200 employees looking for work

    Advice to Management

    Communication is key to success


  8. Helpful (2)

    Horrible leadership and no commitment to employees. Sinking ship!

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

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

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

    Pros

    Good pay and great benefits. The company also seems to be committed to diversity in the workplace. I was able to work with a group of very smart and very skilled professionals. Free coffee!

    Cons

    Leadership lacks any real direction. The bank is so concerned about the public's perception that they totally forget about their own employees. Annual raises are non existent and only high level execs have seen bonuses in the last 5 years. Bank continues to be fined and post annual losses. Stay away from this place if you want to actually advance in your career.

    Advice to Management

    Set a clear direction for the bank and clearly communicate your goals. Focus more on your employees. Happy employees can be the best evangelists to promote a positive reputation in the public space.


  9. Good work life balance but no follow thru from senior management

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

    I have been working at Royal Bank of Scotland full-time (More than 3 years)

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

    Pros

    They offer a good work life balance, good PTO and a work environment that doesn't put stress on working 50+ hour work weeks.

    Cons

    Senior management never follows thru with ideas or current business plan. They will come out with a new plan for the year and nothing will happen. You will wait month after month for announcements and when they do have an announcement it's so high level you will never see anything come from it.


  10. Helpful (1)

    Poor culture overall except for legal dept which has smart ethical dedicated lawyers and staff

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

    I have been working at Royal Bank of Scotland full-time (More than 3 years)

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

    Pros

    People, location, gym, benefits

    Cons

    Culture, bullying, low morale, poor rewards, nearly impossible to be promoted

    Advice to Management

    Treat employees as you say you want to treat customers. Value and appreciate human capital


  11. Mixed experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    I got a chance to work with highly talented technical experts.. The camaraderie between team members was good.

    Cons

    Too much bureaucracy and conflict with global counterparts.. Any project decision took ages to be finalized.

    Advice to Management

    A little thought should be given for company's welfare rather than job preservation..



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