Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated Jul 10, 2014
All Employees Current Employees Only

3.1 658 reviews

69% Approve of the CEO

Royal Bank of Scotland Group Chief Executive Ross McEwan

Ross McEwan

(39 ratings)

54% of employees recommend this company to a friend

Review Highlights

Pros
  • Work-life balance is fair and constant monitoring of your growth as an individual here(in 159 reviews)

  • Nice work environment at Stamford CT, state of the art building and work spaces(in 33 reviews)


Cons
  • Work life balance is pathetic for some departments(in 16 reviews)

  • Commute, Poorly managed areas and senior management constantly change gears(in 27 reviews)

237 Employee Reviews Back to all reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good work/life balance, but lots of egos

    Quant (Former Employee) London, England

    ProsSome smart people still, good work/life balance

    ConsBureaucracy, Depressing environment, egos, feeling of a downward trajectory

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Work Life Balance, but limited prospects.

    Senior Change Analyst (Current Employee) London, England

    ProsGood Work Life Balance, flexible benefits package
    Flexible time/working hours (come in early, go home early)
    Great people to work with.
    Relaxed environment and as long as you get your work done, no officious-ness

    ConsLow base salary, topped up by "flexible benefits package".
    "Dead-man's shoes" - Have to wait until someone dies to get promoted.
    Not great career progression
    Too many systems/processes that are unclear and inefficient.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Poor management, but generally a pleasant place to work

    Vice President (Former Employee) London, England

    ProsReasonable pay and a more balanced culture post recession. Generally, nice people to work with. Reasonable facilities. Could be worse.

    ConsWeak management, inappropriate pressures from government lead to poor commercial decisions. A very large operation of several businesses, still somewhat bureaucratic.

    Advice to Senior ManagementTake a long term commercial view like most successful businesses.

    Yes, I would recommend this company to a friend

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good life work balance

    Senior Risk Analyst (Current Employee) London, England

    Pros1 hour lunch break
    9 to 5

    Conslow salary
    too much restructuring taking place

    Advice to Senior ManagementKeep the good employees

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    The people are doing their best but the company is a zombie.

    Head of Products (Former Employee) Edinburgh, Scotland

    ProsThe retail bank is definitely headed in the right direction and for years has been headed by well intended senior managers. NatWest is still a strong brand and many Customers are very loyal.

    ConsThe culture just can't seem to move forward. The meddling from the government means that the bank is over capitalised but that leaves it without any ability to lend. There is constant cost cutting and the technology is ancient.

    Advice to Senior ManagementClear out the middle management. Those who are left are the definition of average.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    The people are great immediate line management is good, but the people at the top still make bad decisions.

    Several Starting As A CSA Ended As DCH (Former Employee) Southampton, England

    Prospay is ok and the value account benefit tops up your salary considerably, the people are great and no one parties like RBS staff

    Consgoal posts constantly moving if you find it difficult to meet targets

    Advice to Senior Managementconsistency, clear leadership, make targets achievable and stick to them stop changing them to get out of paying bonuses to the little people

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Capital Markets Summer Internship

    Anonymous Employee (Former Employee)

    ProsNice people, good working environment

    ConsFace time seemed to be the most important thing, not rewarding good work

    Advice to Senior ManagementPay more attention to interns

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Bureaucratic and inefficient

    Software Developer (Former Employee) London, England

    ProsUK based colleagues were friendly and pleasure to work with

    ConsOrdering a pencil probably take 12 months and at the end you didn't get it because your PO got rejected at the very early stage and nobody tells you (they are based in India).

    I was a contractor there, but I stayed there longer then most of the management team. My line manager changed approximately every 6 months

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Business Analyst review

    Anonymous Employee (Current Employee)

    ProsGiven a lot of responsibility from day 1

    ConsHas a very stressful working environment

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Struggling to manage change

    Business Manager (Former Employee) London, England

    ProsLocated in the heart of The City and populated with some very bright, ambitious and driven people, they have a culture that rewards those who are able to grasp their responsibilities, own those and then are ambitious in taking on new ones. Those who have a clear understanding of their responsibilities and consistently deliver quality product are very well regarded. Management will invest in people who demonstrate an ambition allied with a well considered career path,

    ConsGiven the extent of change due to the ABN takeover, the changing regulatory landscape, the change in the nature of the market, etc. there is an element of "change fatigue" that might have crept in. Leadership have also been somewhat remiss in clearly defining a strategy that capitalises on the changing industry outlook and have consistently failed to invest in IT systems.

    Advice to Senior ManagementTake the time to define a strategy for each business given the changing landscape and your espoused core values. E.g if "taking risk seriously" is a value, invest in the systems and the people, establish the culture needed to make sure that both existing products and processes as well as new ones are rigorously assessed for risk before having those mitigated in more than a superficial way

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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