70% would recommend to a friend
(7498 total reviews)
David I. McKay
87% approve of CEO
What people are saying about RBC
4 months ago
I am working as manager risk advisory at GG08 level in RBC. Take a salary of $77k base + bonus with 6 YOE, out of which 2 years were as a contractor. How much are others in same role making? non-RBC fellows feel free to comment. Thanks in advance.
The Toronto Bowl
4 months ago
I bank with 4 of the biggest 5 banks in Canada (RBC CIBC TD SCOTIA). I have mixed opinions about all the banks, with RBC being my fav and CIBC my least favourite. I am in no way a high net worth client - but my services have varied a lot bank to bank. I am curious to know how your experience is with your bank. If you could drop the name of the bank, assets you have in the bank and any other pros/cons.
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Top Review Highlights by Sentiment
Excerpts from user reviews, not authored by Glassdoor
- "Good benefit such as medical and dental" (in 1005 reviews)
- "Company value is great and the people there are very friendly to each other" (in 813 reviews)
- "RBC has great culture in the sense that it cares about its client and always want to do the best for them." (in 772 reviews)
- "Flexible and good work life balance" (in 581 reviews)
- "Team was great and helpful" (in 302 reviews)
- "Pay is low and very stressful" (in 542 reviews)
- "Low salary and many people that should not be there as they don't do much and regularly WFH" (in 486 reviews)
- "Long working hour with poor management !" (in 324 reviews)
- "If you are lucky enough to work with a good manager you will get a fair shot." (in 243 reviews)
- "Banking hours are long and hectic at month ends" (in 230 reviews)
Ratings by Demographics
This rating reflects the overall rating of RBC and is not affected by filters.
Found 7,498 of over 15K reviews
Updated Nov 30, 2023
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- 4.0Oct 25, 2023Operations Associate IIICurrent Employee, more than 5 yearsMinneapolis, MN
RBCs benefits are very good. Their health insurance is the best I've heard of. During the pandemic they gave 2 cost of living adjustments in addition to yearly raises to help offset rising costs. The corporate culture is very friendly and un-eliteist. C level execs who have no idea who I am have casually talked to me on on elevators or while walking out the door, asking how work is going, where to go get food, or anything. And many of them are only visiting from Toronto, so it's not like they're trying to build a ground up community. I think they actually are interested in their employees.
They seem to only train for the position you are in. If any sort of movement would require licensing, degrees, or so on, you only can get it once you're in that position. People in many levels seem set at their position and rarely move up, making it hard for people to get out of entry level jobs without leaving the company and coming back years later. (This is a VERY normal occurrence at RBC.) HR and internal recruiting seem very slow or overworked. I would think they would go find experienced workers internally and try to bring them into new roles, but I have never heard of anyone having this experience at RBC. (If I apply sure, but they never seen out existing talent, even when they say things like "I'll keep your resume on file.")1
- 4.0Nov 29, 2023QE EngineerCurrent Employee, more than 1 yearMinneapolis, MN
Brand new building, Great benefits and employee events
Not a lot of commomality in training between BAs/PMs, US side often feels behind technologically compared to Canada (adoption of agile, different domains for US and Canada such that their tools don't work on the US side, etc)
- 4.0Nov 22, 2023Investment Banking AnalystFormer Employee, less than 1 yearNew York, NY
Good program, people were nice, and benefits (including pay was great).
Hours were tough, but that is standard in banking. Also COVID made it hard to connect
- 3.0Nov 27, 2023Software DeveloperCurrent Employee, more than 3 yearsMinneapolis, MN
Nice people, Decent pay, Lots of parties
Hard to get promotion, Slow work advancement, Bad management
- 3.0Jun 24, 2023Business AnalystCurrent Employee, more than 8 yearsNew York, NY
Extremely flexible work schedule and there still is a Hybrid work schedule. Any new person will feel very welcome at RBC
Takes too long to complete things that should be simple. There’s always a new process but it’s never communicated down to people who need to know. Additionally, some long time managers need mandatory training to bring their skill level up to speed. For every one great manager, there are five-seven bad ones. Technology is extremely bad. They are just now trying to bring things up to speed. Wages. The firm can do better. I know people who have gone 3-4 years without a pay raise. Ok, they were a bonus but people need a raise and the raise needs to be more than 2.5 or 3% Too many people who work in a silo and lastly, good luck to you if anyone responds to your emails. Many longtime RBC folks will only respond if you cc their manager and if necessary their manager’s manager.2
- 4.0Nov 13, 2023Senior Registered Client AssociateCurrent Employee, more than 5 yearsGlastonbury, CT
management is good to the employees,
remote is not much of an option, workloads are a lot almost impossible to catch up.
- 3.0Nov 15, 2023SpecialistFormer Employee, more than 10 yearsMinneapolis, MN
Excellent benefits. Middle management genuinely cares about staff.
Corporate culture is declining. Tone-deaf senior management.
RBC Reviews FAQs
RBC has an overall rating of 3.9 out of 5, based on over 14,842 reviews left anonymously by employees. 70% of employees would recommend working at RBC to a friend and 68% have a positive outlook for the business. This rating has been stable over the past 12 months.
70% of RBC employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated RBC 3.7 out of 5 for work life balance, 3.9 for culture and values and 3.5 for career opportunities.