Royal Bank of Scotland - Stay far away | Glassdoor
There are newer employer reviews for Royal Bank of Scotland
There are newer employer reviews for Royal Bank of Scotland

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Helpful (2)

"Stay far away"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Director in London, England (UK)
Current Employee - Director in London, England (UK)
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at Royal Bank of Scotland full-time (More than 10 years)

Pros

Easy to switch groups
The building in Edinburgh and Stamford is nice and modern
Above average level of responsiblity for junior staff
Decent vacation package

Cons

Very poor management in all locations
They waste millions on ridiculous things despite the current environment and government ownership
No promotion structure. Way too many Managing Directors who got the title without any performance history.
No clear strategy - management changes strategic direction frequently
They stopped paying bonuses except for a very small group of staff within the firm
No career development
Everyone sits around doing nothing and waits to get laid off since 2008
They promote people into positions even though they lack the skills, experience and education to perform in the role

Advice to Management

Let the UK government participate in key decisions rather than having a clueless management team with no eductional background make decisions
Start controling expenses
The government should shut down the bank and stop pouring billions into an organization that has no reason to exist

Other Employee Reviews for Royal Bank of Scotland

  1. Helpful (1)

    "Excellent place to work (before it crashed)"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    Pros

    Good people, great culture, very good teamwork

    Cons

    Low pay and deferred bonus


  2. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in City of London, England (UK)
    Former Employee - Anonymous Employee in City of London, England (UK)
    Recommends
    No opinion of CEO

    Pros

    Sociable dynamic team
    Good level of remuneration
    Good career progression

    Cons

    Low bonus potential
    Long working hours

There are newer employer reviews for Royal Bank of Scotland
There are newer employer reviews for Royal Bank of Scotland

See Most Recent

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