Royal Bank of Scotland

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Royal Bank of Scotland Reviews in United States

Updated March 2, 2015
Updated March 2, 2015
112 Reviews
2.4
112 Reviews
Rating Trends

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Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
112 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

112 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Awesome

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

    I have been working at Royal Bank of Scotland as a contractor (less than a year)

    Pros

    Amazing environment at Stamford, CT location, great people, uplifting environment and extremely supportive managers

    Cons

    Bank is not doing too good, so lot of budget cuts.

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
  2.  

    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
  3.  

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

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

    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 ManagementAdvice

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

    Recommends
    Neutral Outlook
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  5.  

    I worked at Citizens Bank and really think that the Bank is a great place to work.?

    • 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

    The people are great and it's really a fun bank to work at.

    Cons

    Pay is below the market average.

    Advice to ManagementAdvice

    Increase salaries to market level.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    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

    Pros

    Top management is working hard to change the culture

    Cons

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

    Approves of CEO
  7.  

    10 Week Summer Internship in a Rotational Sales and Trading Program

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

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

    Pros

    Rotational
    Laid Back
    Self Directed
    Weekly Presentation
    Access to Upper Management
    Culture
    Must be proactive

    Cons

    Many hours (6am-6pm)
    Lack of Direction at times (very independent internship)
    Not much to do besides meeting with traders / miscellaneous projects

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Operations Analyst

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

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

    Pros

    Good culture.. People are willing to help you out. Reasonable hours.

    Cons

    Compesnsation. Location is not in New York City. The firm's reputation in Europe is not good at all and not too much better in the US.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Great Pay with Troubled Company

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

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

    Pros

    Great pay, great office (North American HQ), most people are friendly and professional

    Cons

    The future of the Bank is unstable, especially in the US, and layoffs can happen without notice. Most contractors working there are overpaid and do less work than most other positions that pay a fraction of their pay rates. But that's the reality of big banks and why they're great if you have a secure job there

    Advice to ManagementAdvice

    Lighten up on the big spending and poor acquisitions and maybe so many jobs won't be cut

    Recommends
    Negative Outlook
    No opinion of CEO
  10.  

    Great Work Life Balance, But too Much Focus on Company change, not enough employee retention

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

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

    Pros

    Utah office - fantastic work life balance, great hours.
    Salary is competitive based on experience
    Great people to work with

    Cons

    There are way too many company initiatives employees are expected to be on board with (without adequate reward). Initiatives are a blatant cost/headcount reduction exercises.
    Not enough employee recognition, development and reward

    Advice to ManagementAdvice

    Reward employees to increase staff retention and morale

    Recommends
    Negative Outlook
    No opinion of CEO
  11.  

    RBS good company

    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Royal Bank of Scotland as a contractor

    Pros

    Great corporate benefits Great pay and opportunities
    Good working environment

    Cons

    No work/life balance Long hours

    Approves of CEO

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