RBC - Great Benefits, Pay for Performance mentality | Glassdoor
There are newer employer reviews for RBC
There are newer employer reviews for RBC

See Most Recent

Helpful (1)

"Great Benefits, Pay for Performance mentality"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Account Manager in Montreal, QC (Canada)
Current Employee - Account Manager in Montreal, QC (Canada)
Recommends
Approves of CEO

Pros

Great benefits, good advancement opportunities. For Account Managers you're performance is rated based on your sales, so there's a lot of pressure but I've never had any problems.

Cons

There is a lot of favoritism and a lot of cliques. Managers advance people based on this, and hold other people back.

Advice to Management

Make sure the managers you're hiring have actually done the job of the people they're managing. So many managers are completely disconnected from their employees.

Other Employee Reviews for RBC

  1. "Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Services Representative in New Westminster, BC (Canada)
    Current Employee - Customer Services Representative in New Westminster, BC (Canada)
    Recommends
    Approves of CEO

    Pros

    Lots if room to move up

    Cons

    Not enough employees to be efficient

    Advice to Management

    Hire more ppl so the bank can run more efficiently


  2. Helpful (4)

    "Great Place to Start"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate
    Current Employee - Associate

    Pros

    - Great people in the organization
    - Decent benefits package
    - Good name to have on the resume
    - Great opportunity to network outside the organization

    Cons

    - Can be a very high stress environment, especially if you do equity/fixed income trading.
    FYI YOU ARE RESPONSIBLE FOR ANY TRADING ERRORS YOU INCUR, so be very careful or you could be stuck with a multi-million dollar loss (RBC will give you a loan to pay the amount back) and out of a job.
    - Won't pay for any training except the most basic courses (CSC & CPH)
    - Managers (branch or senior) are nice people but don't care about the associates or admin, they just care about the advisors.
    - Technology is absolutely pathetic "new" lenovo computers that are as basic and cheap as you can find (and lock up and freeze all the time) with 15'' screens running XP and 2003 word....

    Advice to Management

    Do a real tech upgrade & show a little love and care to the rest of the branch staff, not just the advisors.


There are newer employer reviews for RBC
There are newer employer reviews for RBC

See Most Recent

Work at RBC? Share Your Experiences

RBC
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or