Royal Bank of Scotland - Good entry IB role, but poor career advancement opportunities leading to exodus of good young talent | Glassdoor
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There are newer employer reviews for Royal Bank of Scotland

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"Good entry IB role, but poor career advancement opportunities leading to exodus of good young talent"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Client Service Manager in Chicago, IL
Former Employee - Client Service Manager in Chicago, IL
Doesn't Recommend
Negative Outlook
Approves of CEO

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

Pros

It was a good entry role into Investment Banking, and the work-life balance is one of the best around (probably too good!)

Cons

Poor career advancement opportunities led to an exodus of good young talent and has led to an ageing workforce. Still struggling to break out of banking crisis.

Advice to Management

Less changes in the hierarchy and a reduction in the number of levels - too many chiefs, not enough Indians couldn't be more appropriately used.

Other Employee Reviews for Royal Bank of Scotland

  1. "Nice area to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - IT Analyst in Salt Lake City, UT
    Current Intern - IT Analyst in Salt Lake City, UT
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Royal Bank of Scotland as an intern (Less than a year)

    Pros

    Good Environment
    Nice people
    Smart people

    Cons

    Career Advancement/ Salary Advancement
    Low salary


  2. "Lack of clear direction"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Too Specific in Stamford, CT
    Current Employee - Too Specific in Stamford, CT
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good name to have on your resume
    Good professionals, coworkers

    Cons

    Dwindling bonuses
    Dependency on UK Tax Payers' sensitivity
    The bank is driving talented people and key SMEs away

    Advice to Management

    If I say this, I could be identified, so I won't say it until I am somewhere else.

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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