Royal Bank of Scotland Reviews | Glassdoor

Royal Bank of Scotland Reviews

Updated April 28, 2017
202 reviews

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202 Employee Reviews

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  1. Helpful (1)

    "RBS not good to work for!"

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

    I worked at Royal Bank of Scotland as an intern (Less than a year)

    Pros

    not a good employee at all!

    Cons

    management is extremely poor, 'clicky' department

    Advice to Management

    need to take more time to engagement and listen to employees


  2. Helpful (1)

    "Disappointing experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Office location and some of the people

    Cons

    No room for advancement. People are not encouraged to grow. Not a good place for someone who is motivated.


  3. Helpful (1)

    "Sinking Ship"

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

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

    Pros

    The employee benefits are really good, but that is about all

    Cons

    Management is terrible, no vision. The analogy of the Titanic sinking and the crew organizing the deck chairs is very fitting for this company. I have not received a raise or a bonus since I started.


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  5. Helpful (2)

    "Career dead end"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Stamford, CT
    Current Employee - Vice President in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    There are a lot of nice and quality people there.

    Cons

    Very depressing culture. Morale is awful and getting worse.

    Advice to Management

    Treat people like professionals and don't just offer bonuses to the few; this creates a dual class org structure - the haves and the have nots


  6. "Risk Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Stamford, CT
    Current Employee - Vice President in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    The Bank has a very good group of people, but it is losing them to the competition as it is failing to keep up with compensation. (4 Years without bonus and salary increase)

    Cons

    No Annual salary increase
    No bonus
    No promotions

    Advice to Management

    Reward your people or keep watching them walk out the door......


  7. Helpful (1)

    "Government ownership affecting Morale and Comp and in fine it's a negative drag on personal dev. and quality of work"

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

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

    Pros

    Relatively High Base Salary. Good presence in the fixed income and wholesale markets which offers an edge in client relationships.

    Cons

    Low morale, teamwork or focus on developing junior members. Low to nonexistent bonus. Reverse commute to Stamford (total of 2hrs a day).

    Advice to Management

    Higher focus on personal and career development of Analysts, Associates and VPs. Break down of bureaucracy barriers. More morale boosting initiatives, and more focus on clients and revenue generation / synergy creation to balance out the flooding of new compliance initiatives.


  8. Helpful (5)

    "Worst Work Experience of My Life!!! Possible Employees Beware!!!"

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

    I worked at Royal Bank of Scotland full-time (Less than a year)

    Pros

    Good starting base pay, and work life balance. That's about it.

    Cons

    Horrible Management, Culture (i.e. Nobody cares about their job). Very petty work environment. No direction from Upper Management.

    Advice to Management

    Hires more competent Directors, V.P.s, etc.


  9. Helpful (1)

    "If you like constant transitions and a creaky foundation, look no further"

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

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

    Pros

    Great people
    Location in Stamford was great since I lived in the 'burbs

    Cons

    Local management afraid/unable to make tough decisions
    Senior management in London make all the calls
    Few people really have your back regardless of how much value you added.


  10. Helpful (2)

    "Perhaps the worst work experience of my life."

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

    I worked at Royal Bank of Scotland full-time (More than a year)

    Pros

    * Nice building
    * Some perks
    * Some decent hardworking people

    Cons

    * Gossipy / backstabbing behavior is encouraged
    * Transfers between departments are shunned
    * Don't end up on anyone's hit list... you'll be gone before you can say "haggis"

    Advice to Management

    Take a good look at who's managing the place. You'll find the inmates are running the asylum.


  11. "Worst work experience of my life... No Joke!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in Salt Lake City, UT
    Current Employee - Team Leader in Salt Lake City, UT
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Starting salary was very aggressive & competitive.
    Good training program.

    Cons

    Director & VPs (i.e. Management). Talk about incompetent. Decisions are not based on performance. Rather, they are made on pure emotion with no logic or backing. I have never been treated so poorly in my life by an employer. The whole Management team, starting at the top, have their head-up their a@#es.

    Advice to Management

    Get a new job as an Analyst in a dark basement far far away.


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