Royal Bank of Scotland Reviews | Glassdoor.co.uk

Royal Bank of Scotland Reviews

Updated 20 August 2018
2,857 reviews

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3.5
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Royal Bank of Scotland Group Chief Executive Ross McEwan
Ross McEwan
1,042 Ratings

2,857 Employee Reviews

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Pros
Cons
  • "Work-life balance and flexible working could be better" (in 48 reviews)

  • "Corporate speak / company so huge I have no idea who half the people referred to are in all the memos updating us about senior management changes" (in 91 reviews)

More Pros and Cons

  1. "Good opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Case Officer in Manchester, England
    Current Employee - Case Officer in Manchester, England
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Opprtunities to grow
    Sick pay
    Flexible working

    Cons

    Not many cons good place to work, however depends who is your manager!

    Advice to Management

    No advice maybe just dont favouritise?


  2. "Good Learning & Work Life Balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Edinburgh, Scotland
    Former Employee - Anonymous Employee in Edinburgh, Scotland
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Work Life Balance, Learning Opportunities, Promotions

    Cons

    Low pay, Almost no bonus, fear of retrenchment

  3. "Relationship Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Manager in London, England
    Current Employee - Relationship Manager in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The company invests a lot in its employees in terms of training, professional qualification. There is also an increasing focus on work life balance as the company tries to move away from historic image to match the current shift in banking culture.

    Cons

    Still very bureaucratic in terms of processes. Could do a lot more to improve internal efficiencies as there are many internal processes that are a waste of time.

    Advice to Management

    Excellent progress made in terms of financial results as well as overcoming legacy issues over the past few years. Could do more to enhance efficiency internally.


  4. "Mortgage"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Specialist in Manchester, England
    Former Employee - Mortgage Specialist in Manchester, England
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Part of Williams and Glyn. Great company to work for at a very exciting time.

    Cons

    Failure to launch created numerous problems

    Advice to Management

    Remain customer focussed


  5. "Still a good company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Relaxed atmosphere, good salary and benefits, smart people

    Cons

    A bit too bureaucratic sometimes, a lot of legacy issues


  6. "A great place to work"

    StarStarStarStarStar
    Former Employee - Risk Management in Edinburgh, Scotland
    Former Employee - Risk Management in Edinburgh, Scotland
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    Good work life balance , attractive salaries and benefits. Reasonable opportunities for progression. Good culture.
    Closure of legacy issues will allow the bank to concentrate on the future.

    Cons

    change fatigue which goes with a business which continues to restructure and take out costs.

    Advice to Management

    Greater transparency required around restructures in a more timely basis to allow employee's to be able to plan their next moves.
    Actively recruit from displaced staff alternative roles across the business even if their is a training requirement.

    Reduce dependency on external contractors.


  7. "Head of funds banking"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Current Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    work life balance positive culture

    Cons

    pay and reward careers progression

    Advice to Management

    do it faster

  8. "Great place"

    StarStarStarStarStar
    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

    Pros

    Flexible, interesting work with focus on agile

    Cons

    Some dead wood, shrinking company, smaller London footprint


  9. "Fair employer however employee benefits degraded in last 10 years."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Learning Manager in Glasgow, Scotland
    Former Employee - Learning Manager in Glasgow, Scotland
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Royal Bank of Scotland full-time (More than 10 years)

    Pros

    Medical cover/car allowance
    Life cover

    Great focus on personal development in particular - professional qualifications relevant to your career

    Good holiday entitlement - which grows with service/seniority.

    Business definitely has an entrepreneurial spirit, offering individuals the opportunity to be creative and individually responsible for improving things. However there is often still a lot of red tape in particular from middle management/senior leaders.

    Executive are very open to new ideas and creative ways of doing things. They have a real commercial and supportive manner for the most.

    Cons

    Less ability to cross pollinate roles for such a large organisation (as it’s getting smaller) and most certainly more silo’d - like it was many years ago. It’s challenging for people to work in other functions of the business from which they started

    Banking benefits very poor (all readjusted and many removed after the bank crisis)

    Massive focus on positive discrimination of women. Eg. They want more women in senior positions. Whilst this is great - the organisation is falling into the trap of meeting a target instead of getting their basics right and employing the right person for the right job.

    Challenges in recent years have meant lots of instability and varying degrees of competence in senior leaders. A greater focus on basics and stability required.


  10. "Getting there.."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    Pros

    Great to fix a bank with problems, real impact of change, great customer base, soon to make money again

    Cons

    Too big to change easily, weighed down by history, overly complex

    Advice to Management

    Try fewer projects with impact, not everything possible. Also management recruitment not objective enough.


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