RBC Reviews | Glassdoor

RBC Reviews

Updated February 5, 2017
197 reviews

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2.0
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RBC President/CEO David I. McKay
David I. McKay
20 Ratings

197 Employee Reviews

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Pros
Cons
  • work life balance difficult to manage (in 34 reviews)

  • Long hours, not a lot of guidance (in 46 reviews)

More Pros and Cons

  1. "Go there for your career to die"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at RBC full-time

    Pros

    some nice people work there

    Cons

    absolutely no room for advancement


  2. "Credit Risk"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at RBC full-time (More than 3 years)

    Pros

    Work life balance is good

    Cons

    RBC does not value non revenue generating departments.

    No career path

    Promotions and salary increases are non existent.

    Advice to Management

    Canadian management not in touch with US market.


  3. "Company Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Los Angeles, CA
    Former Employee - Analyst in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at RBC (Less than a year)

    Pros

    high paying, fast-paced, stable, compensation and benefits provided

    Cons

    harsh work environment, lack of creativity


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  5. "No growth potential"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    They have profit sharing and good benefits

    Cons

    difficult to move up except if you know somebody


  6. Helpful (1)

    "Avg"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Access to different technologies to learn.

    Cons

    Too many play office favorites/gossip, not much upwards movement.


  7. "Very specific culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at RBC full-time

    Pros

    A small shop so you get pulled in for different opportunities. The people are very big on keeping their word.

    Cons

    The culture between technology and business is very poor. Many business folk have development experience which gives them the impression they should be directing technology decisions. It's a very politics heavy culture. Lastly many decision making people are close minded and insist on doing things their way.

    The most discouraging thing said to me was said repeatedly: "At the end of the day they are the business and they are paying for it so we need to do what they say"

    Advice to Management

    Understand what a technology shop is; having a "fun" room and hackathons does not makd it a technology company. Technology should be driven by technology people and business needs to view technology as equal partners and not a service center.


  8. Helpful (1)

    "Associate Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at RBC full-time

    Pros

    It used to be a great company.

    Cons

    All management positions are filled from the outside.

    Advice to Management

    Stop the nepotism.


  9. Helpful (1)

    "Don't expect to climb the corporate ladder"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend

    Pros

    Work-life balance was excellent. Management is very flexible.

    Cons

    Promotions are based on who you know. Do not over work yourself going above & beyond your normal tasks. You will not be rewarded with a great bonus or promotion.
    They seem to have it in their minds that a pat on the back & praise is what employees are looking for. That being said, advancement is unlikely.

    Advice to Management

    Speak to every level before you approve a promotion making sure it is based on merit & not fluff. Just learning a position that you are hired for is not justification for a promotion.
    Think about raising salaries & bonuses. Nobody cares about a hand shake & an "atta-boy". Remember where you came from.


  10. Helpful (2)

    "IB Life is tough"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at RBC full-time

    Pros

    none that specifically come to mind other than exit opps

    Cons

    hours are grueling, difficult people to work with

    Advice to Management

    invest in peoples growth


  11. Helpful (5)

    "Hopeless"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None that I can think of anymore.

    Cons

    Extremely "top heavy", upper/senior management hasn't a clue about what is going on within the ranks, opportunity for growth or advancement only offered to certain "type" of employees, HR department so hands-off they may as well be nonexistent.

    Advice to Management

    Insisting that all employees complete quarterly opinion surveys and then refusing to either acknowledge criticism or implement change is NOT helpful.



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