Royal Bank of Scotland

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Royal Bank of Scotland Reviews

Updated 26 February 2015
Updated 26 February 2015
295 Reviews
3.0
295 Reviews
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
295 Ratings

Review Highlights

Pros
  • Potential to give excellent working oppurtunities and help main the work-life balance (in 194 reviews)

  • I found the work environment to be very friendly and encouraging (in 40 reviews)


Cons
  • Work life balance used to be good here but now it's extremely demanding (in 19 reviews)

  • Senior management never follows thru with ideas or current business plan (in 30 reviews)

More Highlights

295 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Long way to go

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Services Officer in Edinburgh, Scotland
    Current Employee - Customer Services Officer in Edinburgh, Scotland

    I have been working at Royal Bank of Scotland

    Pros

    Work can be varied and interesting. Money is decent and benefits are all good. A good work life balance and good colleagues

    Cons

    Management are under pressure to achieve sales targets which filters all the way down who seem to encounter even greater pressure and threat of redundancy.

    Advice to ManagementAdvice

    Please do the right thing by your employees and your customers and look at providing a service that people want not just a service to line your pockets

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Good employer, decent salary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Advisor in Nottingham, England
    Current Employee - Senior Business Advisor in Nottingham, England

    I have been working at Royal Bank of Scotland full-time (more than 8 years)

    Pros

    Salary and variety good staff

    Cons

    Being made redundant ,not trying hard enough to redeploy

    Advice to ManagementAdvice

    Take more on board from the shop floor ,and re look at your middle managment

    Doesn't Recommend
    Negative Outlook
  3.  

    summer internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in London, England
    Former Employee - Summer Analyst in London, England

    I worked at Royal Bank of Scotland

    Pros

    relaxed culture, bank going under a lot of changes and cuts, but the company is still very keen to keep the best talents they could attract

    Cons

    a lot of reputation damage, both from the media and within different markets. Doesn't offer the best compensation or training experience, but they are some very good teams to join

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Over 2 years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Various in London, England
    Current Employee - Various in London, England

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

    Pros

    Same as for every large organisation: lots of various jobs available, and as professionalisation of functions is not high, it is often easy to get into something you have never done before. Current restructuring although a negative force in general is still creating new teams and opportunities.
    Agile working ie people working from home Friday or more often is also a positive

    Cons

    Restructuring = Massive layoffs. That says it all. Good people left through voluntary and sometimes not redundancy.
    The chaos this was designed to eliminate continues though

    Advice to ManagementAdvice

    Now that the old structure has been streamlined, these are the same people who now started to create new layers of bureaucracy - watch out for that.
    Did not see a single person promoted in 2 years at any level. Time to change?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    It has been generally positive. How satisfying it is can depend heavily on which department you work in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Royal Bank of Scotland

    Pros

    Most staff are friendly and understanding.
    Can be relatively well paid.

    Cons

    Can be stressful or very stressful at times.
    Some management decisions seem backward and can be frustrating.

    Advice to ManagementAdvice

    If restructures are necessary, think through the consequences very carefully. Drop sales targets.

    Positive Outlook
  7.  

    Managing change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England

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

    Pros

    The team I work in is very innovative, open-minded and seeking best practice inside the bank and out

    Cons

    It took a whole year to create and announce a new operating model, the working environment during the year has been very negative impacting the employee experience

    Advice to ManagementAdvice

    Seek expertise in change management rather than let this critical function in the hands of inexperienced senior managers

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Corporate Head office

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Royal Bank of Scotland

    Pros

    Nice people / co-workers
    good flexibility for home working

    Cons

    Execs scared to make decisions
    Culture is about protecting yourself

    Advice to ManagementAdvice

    make a strategy and stick to it.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Employee review

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Great team work ethos, flexible working style

    Cons

    slow decision making process, too many layers of management

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Summer Internship Corporate Services Leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Edinburgh, Scotland
    Former Intern - Intern in Edinburgh, Scotland

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

    Pros

    -well structured and diverse programme, plenty of exposure to different business areas
    -able to lead my own development and provided opportunities to do so
    -interesting project work with multi-location teams

    Cons

    -poor communication from the Early Careers team ahead of starting
    -the calibration of candidates for conversion to the graduate scheme does not account for manager subjectivity

    Recommends
    Neutral Outlook
  11.  

    Portfolio manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Portfolio Manager in London, England
    Former Employee - Portfolio Manager in London, England

    I worked at Royal Bank of Scotland

    Pros

    Large Co gives opportunity to move around

    Cons

    Drinking culture, old school mentality. A need to fit into a box

    Advice to ManagementAdvice

    Start thinking progressively, embrace cultural differences

    Recommends
    Negative Outlook

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