Royal Bank of Scotland Reviews | Glassdoor

Royal Bank of Scotland Reviews

Updated July 19, 2017
353 reviews

Filter

Filter


353 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Good entry IB role, but poor career advancement opportunities leading to exodus of good young talent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Manager in Chicago, IL
    Former Employee - Client Service Manager in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    It was a good entry role into Investment Banking, and the work-life balance is one of the best around (probably too good!)

    Cons

    Poor career advancement opportunities led to an exodus of good young talent and has led to an ageing workforce. Still struggling to break out of banking crisis.

    Advice to Management

    Less changes in the hierarchy and a reduction in the number of levels - too many chiefs, not enough Indians couldn't be more appropriately used.


  2. Helpful (2)

    "Great place if you have a family and not a need to advance"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Work-Life balance is great, great cafeteria!

    Cons

    Financial crisis hit this place hard and there is no longer much room to go upward. Good people are slowly leaving.

    Advice to Management

    If you can't pay them better, give them more flexibility.

  3. Helpful (1)

    "Was happy to leave"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Stamford, CT
    Former Employee - Vice President in Stamford, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    Initially the money was good, as was the reputation. Most of the people I worked with directly were actually quite nice.

    Cons

    But things went downhill very quickly. It was a rudderless ship, and you felt it all the way down the lines. I found that those in the US were treated as secondary citizens in many ways. We rarely got information from management in a timely manner and our benefits were far from comparable to our UK colleagues. Maternity benefits were laughable as were the almost constant employee satisfaction questionnaires. I'm confident no one paid any attention to those.

    Advice to Management

    Perhaps the now trimmed down RBS will be more manageable. Remember your employees are there at will. Some will leave a poor working environment even if they have no where else to go.


  4. "very very very UK centric"

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

    Pros

    benefit packages(outside of compensation)
    new building and facilities in US
    few very bright and competent people

    Cons

    business is centred around UK decision makers. There global businesses who do not have empowerment locally to take advantage of local economies.

    bad leadership results in bad attitude with subordinates and thus we have bad business results and thus being the mess they are in.

    no bonus 2 years running for non-money makers (finance,IT,operations,etc)

    Advice to Management

    reward all who sacrifice they're personal time for sake of good of company.


  5. "Lot of learning experience, no clear job growth plan."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    Lot of learning opportunity. Lot of new projects going on.

    Cons

    Long hour of work. No clear growth plan.


  6. Helpful (2)

    "It was okay, the company still has a lot of catching up to do technology wise."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Stamford, CT
    Former Employee - Business Analyst in Stamford, CT
    Disapproves of CEO

    Pros

    Good benefits, decent pay, new building

    Cons

    Managers don't support promoting employees, no work/life balance, people work like zombies there.

    Advice to Management

    Give your employees a break sometimes!


  7. Helpful (1)

    "Low Morale"

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

    Pros

    Excellent work life balance -- lots of vacation time and short hours for wall street (~60 hours week); Generally nice managers and coworkers; well respected energy banking group and traders

    Cons

    Commute to Stamford; All bonuses are deferred for 3 years; harder to win deals with mediocre bankers and a mid-tier name; focus on debt with very little M&A or equity capabilities

    Advice to Management

    People are unhappy about the commute, so reward them with other perks (and street level pay, which means not deferred)

  8. "OK; would not recommend."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Stamford, CT
    Current Employee - Anonymous Employee in Stamford, CT
    Doesn't Recommend
    No opinion of CEO

    Pros

    - OK work/life balance.
    - Fitness center in the building.
    - Ergonamically friendly work environment.

    Cons

    - Location, location, location!!! - Stamford, CT.
    - Management has no or very little leadership traits.
    - Compensation is not consistent accross orgnanization.
    - Motivation is low.

    Advice to Management

    Advice to Sr. Management: restructure management.


  9. Helpful (1)

    "Director"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Royal Bank of Scotland full-time

    Pros

    Great building and location, first class gym

    Cons

    P&L challenged, not promoting in the US


  10. "credit risk reporting analyst"

    StarStarStarStarStar
    • 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

    really don't have any good reasons for working at RBS

    Cons

    heavily restructuring; not a good place for young people


Showing 353 of 2,483 reviews
Reset Filters