Royal Bank of Scotland Reviews | Glassdoor

Royal Bank of Scotland Reviews

Updated April 27, 2017
789 reviews

Filter

Filter


2.9
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
193 Ratings

789 Employee Reviews

Sort: Popular Rating Date

Pros
Cons
More Pros and Cons

  1. "RBS - It can be satisfying"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Infrastructure Project Manager in Edinburgh, IN
    Former Employee - Infrastructure Project Manager in Edinburgh, IN
    No opinion of CEO

    Pros

    Focused Delivery. Good levels of technical skills. Nice offices and Edinburgh is the most beautiful city in the UK. People are very friendly.

    Cons

    Major process headaches. Average pay. Work\life balance difficult to achieve.The level of contractors the bank requires makes consistency very difficult to manage.

    Advice to Management

    Listen to the people who deliver. It should not be this hard most of the time!


  2. "RBS Overview"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Approves of CEO

    Pros

    Great people to work with, keeping you on your toes, teaching you new things and encouraging you to take on more challenging responsibilities.

    Cons

    Long hours and difficulty moving around the bank.

    Advice to Management

    Employees are working long hours and often completing more than one job. Flex-time when necessary would be a welcomed treat.


  3. Helpful (3)

    "A tough environment in a damaged company"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Jersey City, NJ
    Former Employee - Director in Jersey City, NJ
    Doesn't Recommend
    No opinion of CEO

    Pros

    Benefits are good, not great
    Company understands that it has failed its employees and makes an effort to treat them with respect to compensate
    Compensation was very good before Bank of England takeover for those that were non traders ad investment bankers.
    Interesting business challenges to work on
    A lot of smart experienced people for early career associates to learn form

    Cons

    Compensation for non traders and investment bankers has fallen for some staff by as much as 60% as a result of the unwillingness to pay bonuses
    Firm is in strategic downsizing mode in order to pay back the bank of England and rebuild their capital base and risk profile
    UK politics are very prominent driver of the bank's behavior
    If you are a US employee, you shouldn't get too comfortable
    Lost a lot of talent the past two years
    Looks like a big UK bank with a big trading and payments business, not very global in a world where the ability to succeed in EM is important
    Very political, very insular management culture

    Advice to Management

    Management's inability to complete integration and separation with ABN AMRO (2 + years) and get on with the process of building a growing business that people can be proud to work for is a significant barrier to building long term success. Too many legacy "comfort senior managers? in lines of business, move em out, hire some energy make some tough decisions and get on with it. This is an almost completely non differentiated bank.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Possibly good for someone with patience, family and wanting a relaxed job."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Approves of CEO

    Pros

    Every place has its pros/cons, but having said that people are generally friendly/pleasant. Overall, firm culture is laid-back. Work hours aren't bad.

    Cons

    Uncertainty about medium or long term direction.

    Total Comp will be less than other banks. Some corporate title-inflation exists (e.g. VP's getting promoted unexpectedly to MD) to narrow pay differential.

    No sick leave, sick days come out of vacation leave.

    Advice to Management

    Any specific requests/guidance from them would be really appreciated and acted upon, quickly.


  6. Helpful (2)

    "OK overall but lacking in advancement and opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Taylorsville, UT
    Current Employee - Anonymous Employee in Taylorsville, UT
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great medical benefits and vacation plans. Decent salary. Open floor plan. Good people working at the bank. 10 paid holidays a year with 3 weeks vacation.

    Cons

    Open floor plan. No bonuses for two years now. Instability in bank's prospects. Hesitant to allow use of vacation.

    Advice to Management

    Work hard to stabilize the bank and remember your employees need incentive to stay


  7. "So So. It was ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Recommends
    Negative Outlook

    I worked at Royal Bank of Scotland full-time (More than 3 years)

    Pros

    nice and sweet people. Supportive co-workers

    Cons

    prefer outside talent. Limited opportunity

    Advice to Management

    n/a


  8. "ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Stamford, CT
    Current Employee - Director in Stamford, CT
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    reasonable working hours, lay back,

    Cons

    reward not to link your performance


  9. "Good company, future growth story hindered."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Stamford, CT
    Current Employee - Director in Stamford, CT
    Recommends
    Negative Outlook

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

    Pros

    Entrepreneurial Spirit, seasoned professionals can excel in a more relaxed environment.

    Cons

    Institutional inertia hindering growth currently.


  10. Helpful (2)

    "Good bank gone bad"

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

    I have been working at Royal Bank of Scotland full-time (More than 5 years)

    Pros

    Nice work environment at Stamford CT, state of the art building and work spaces. Excellent Gym and cafeteria @ work. Good company with a lot of charity & volenteer work. Work place is a conveniently across from the train station.

    Cons

    Bad management moves of outbidding to buy the bad bank ABN Amro, and other bone headed acts like the Libor scandal has doomed the bank. Dont expect to see a bonus or a pay rise for years and years to come, unless you sign with a signup agreement. Will be 85% owned by the British goverment and have no real freedom to act as a commercial bank for a very very long time,

    Advice to Management

    Screwed up a real good bank with top management greed and short sightedness


  11. "Don't recommend"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Accountant in Bridgeport, CT
    Former Employee - Accountant in Bridgeport, CT
    Doesn't Recommend
    No opinion of CEO

    I worked at Royal Bank of Scotland full-time (More than 3 years)

    Pros

    Very large international company, lots of room to move around to other opportunities. Many friends were able to be relocated from Connecticut to Atlanta within the companies.

    Cons

    Very bearucratic, back stabbing to get to the top. Typical big company corporate culture where you can't speak up against your manager without your job being on the line even if what you had to say would help improve things.


Showing 789 of 2,333 reviews
Reset Filters