RBC Reviews | Glassdoor

RBC Reviews

Updated February 22, 2017
1,961 reviews

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Full-time Part-time

3.7
Star Star Star Star Star
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RBC President/CEO David I. McKay
David I. McKay
357 Ratings

1,961 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. "The truth"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Relationship Banker in Raleigh, NC
    Current Employee - Senior Relationship Banker in Raleigh, NC
    Doesn't Recommend
    No opinion of CEO

    Pros

    Management recognizes importance of work life balance.
    Compensation is better than BOA and Wachovia.

    Cons

    Very little opportunity to move up.
    Everything is focused on making Scorecard #'s.
    Reorganizations happen every 6 months or so.
    When your boss' boss is out playing golf most afternoons, while you're stressed out to make your numbers, it's not very motivating!

    Advice to Management

    Try to find out the truth about what really happens out here in the trenches...you'd be surprised!


  2. Helpful (2)

    "Poor Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Project Manager in Rocky Mount, NC
    Former Employee - IT Project Manager in Rocky Mount, NC
    Doesn't Recommend

    Pros

    Money was good/ competitive because they were so close to Raleigh but still in a small city. Decent bonus structure, too.

    Cons

    About 80% of USA IT staff were contractors. Very high turnover of regular staff. People constantly moving around because nowhere was good for settling. Management was the reason, poor management all around. Highly political and they expected you to work the same hours as contractors who were getting paid hundreds by the hour.

    Advice to Management

    I would recommend that RBC management look closely at where the talent is and work very hard to keep it. Also recognize the need for a work life balance.


  3. Helpful (2)

    "All depends on who your manager is, mine was absolutely horrible."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in New York, NY
    Current Employee - Operations Analyst in New York, NY
    Doesn't Recommend

    Pros

    None that I can think of.

    Cons

    Middle management had no idea what they are doing and it is the most disorganized company that I have ever worked for.

    Advice to Management

    When all the members of a team file complaints to HR about a certain manager, please do something about it versus turning a blind eye!


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  5. "Typical Regional Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Relationship Banker in Orlando, FL
    Former Employee - Senior Relationship Banker in Orlando, FL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Work hours are offer good family/work balance...no work on Saturdays which is becoming more rare in banks nowadays.
    Paid holidays/Good benefits
    Advancement Opportunities

    Cons

    Unrealistic weekly sales goals. Very high turn-over due to nature of business and goals. Training is one of the worst I have ever seen in any organization. Only work here if you can't find anything else and even then, keep looking...

    Advice to Management

    Change your scope on how you run this business.


  6. Helpful (4)

    "Traumatizing"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    The medical benefits are OK.

    Cons

    This may only be applicable to the specific department I was working in; nevertheless, the following occurred:

    -Poor communication between business units, senior management, middle management and staff
    -Favouritism
    -No room for advancement / growth opportunities
    -Salary was not competitive with the current market
    -Someone had previously complained about HR and senior management turning a blind eye to reports of incidents regarding mismanagement - this is TRUE.
    -Even if you possess the most herculean work ethic, you will not be recognized unless you are a brown noser.
    -Previous reviews mentioning self-promoters and "climbers" are VERY accurate.

    Advice to Management

    Please take HR complaints seriously, especially when numerous people leave the same department in droves.


  7. Helpful (1)

    "Working for RBC Insurance was a demotivating experience."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Licensing Specialist in Greenville, SC
    Former Employee - Licensing Specialist in Greenville, SC
    Doesn't Recommend
    Disapproves of CEO

    Pros

    RBC Insurance had great products, but that is where it stops. The building had a small gym/exercise room and a cafeteria.

    Cons

    RBC Insurance offered no opportunities for professional growth or career advancement. There was no information and knowledge sharing. It was like "us vs. them." Everything was kept at a hush-hush. It was a threatening environment. If we did not meet our outrageous goals then we were threatened with termination on a daily basis. The treatment of a team members was not equal. There were obvious favored teammates who did not have to meet their goals. By the way, I met my goals (killed myself doing it) and ended up quitting because of the low pay and even lower morale. This job turned me into a workalholic.

    Advice to Management

    Get rid of the dead weight. Treat all of the employees with respect and fairly. Set meetable goals and stop threatening termination. Positive reinforcement works better.


  8. Helpful (2)

    "long hours, conflict-ridden environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Valuation Manager in New York, NY
    Former Employee - Valuation Manager in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    good financial position of the company

    Cons

    very poor work / life balance
    poor treatment of employees
    sick days coming out of vacation


  9. "Badly Managed, Over Worked Employees"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in Raleigh, NC
    Former Employee - Software Developer in Raleigh, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at RBC full-time (More than 5 years)

    Pros

    Co workers are friendly and easy to get along with.
    Good Health insurance

    Cons

    Bad Middle Management.
    No career growth.
    Expected to work overtime and get no recognition.

    Advice to Management

    Middle management is a joke. If one employee complains is nothing, but when all employees are complaining, you should get the message.


  10. "A horror show"

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

    I worked at RBC full-time (More than a year)

    Pros

    There isn't any that I can think of

    Cons

    You are a slave to the head office in Toronto. No room to advance or express ideas to change.

    Advice to Management

    Grow a spine and ask "why?" every now and again.


  11. Helpful (3)

    "Horrible and uncomfortable place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Director in New York, NY
    Former Employee - Associate Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at RBC full-time (More than a year)

    Pros

    Company pays well and has a good reputation.

    Cons

    They are obsessed with appearances, and really don't care about the quality of your work. For example, if you are at your desk at 7am and you don't get any work done, you are fine. If you come in at 9am and get all your work done, you will be berated for not being in earlier

    Advice to Management

    Stop hiring the "popular kids" and hire people who know what they are doing.



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