Royal Bank of Scotland
3.1 of 5 592 reviews
www.rbs.com Edinburgh, United Kingdom 5000+ Employees

Royal Bank of Scotland Reviews in United States

Updated Apr 02, 2014
All Employees Current Employees Only

2.6 77 reviews

                             

50% Approve of the CEO

Royal Bank of Scotland Group Chief Executive Ross McEwan

Ross McEwan

(2 ratings)

35% of employees recommend this company to a friend
77 Employee Reviews Back to all reviews
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  • No Opinion of CEO

 

Great Work Life Balance, But too Much Focus on Company change, not enough employee retention

Operations Manager (Current Employee)
Taylorsville, UT (US)

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

ProsUtah office - fantastic work life balance, great hours.
Salary is competitive based on experience
Great people to work with

ConsThere are way too many company initiatives employees are expected to be on board with (without adequate reward). Initiatives are a blatant cost/headcount reduction exercises.
Not enough employee recognition, development and reward

Advice to Senior ManagementReward employees to increase staff retention and morale

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

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Shrinking US presense

Consultant (Current Employee)
Stamford, CT (US)

I have been working at Royal Bank of Scotland as a contractor for more than 5 years

ProsGreat headquarter building. Young management team.

ConsLocation, work life balance, company in transition

No, I would not recommend this company to a friend

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Supplier Manager

Contract Manager (Current Employee)
Edinburgh, SC (US)

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

ProsNice Surroundings
Flexible working
Flexible benefits can be taken as cash

ConsToo much focus on cost and not enough on service. Employees and Customers are not listened to - how can a bank be restored without the people and customers to do it.

Advice to Senior ManagementEvery person working at RBS are also customers - this fact is overlooked!

Yes, I would recommend this company to a friend

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  • Approves of CEO

 

RBS good company

Anonymous Employee (Former Employee)

I worked at Royal Bank of Scotland as a contractor

ProsGreat corporate benefits Great pay and opportunities
Good working environment

ConsNo work/life balance Long hours

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Awesome

Anonymous Employee (Current Employee)
Stamford, CT (US)

I have been working at Royal Bank of Scotland as a contractor for less than a year

ProsAmazing environment at Stamford, CT location, great people, uplifting environment and extremely supportive managers

ConsBank is not doing too good, so lot of budget cuts.

Advice to Senior Managementnone

Yes, I would recommend this company to a friend

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Change and more change.

Vice President (Current Employee)
Stamford, CT (US)

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

ProsThere's a lot of work to be done to put the business back on track, so there are plenty of opportunities for personal growth/development. Leadership is strong in certain areas.

ConsLots of uncertainty for the future of the business. Press indicates significant downsizing is possible. Has been subject of negative press for the last 5 years and will no doubt be the subject of negative press for years to come. Hard company to be proud of working for.

Advice to Senior ManagementEvery year it feels like the strategy is changing - make significant changes and get it right, instead of lots of small strategic shifts that have little/no overall impact.

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

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Bank that is not doing too well- lookong ahead to shave about a fourth of the workforce

Anonymous Employee (Current Employee)

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

ProsGood people, good buildings and facilities

Consoutmoded technology, poorly run organization, constantly getting fined for legal and procedural violation, constantly bleeding money. threat from the parliment in UK, means bad bank with no pay increases, bonus or any acknowledgement of merit.

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

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Good comp ,vague leadership

Anonymous Employee (Former Employee)

I worked at Royal Bank of Scotland

Proscomp, benefits, hours, location, employees

Consmanagers, workload, work vs life balance

Advice to Senior Managementtake initiative, do not be so politically correct

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

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Making the best of a bad situation

Anonymous Employee (Current Employee)
Stamford, CT (US)

I have been working at Royal Bank of Scotland full-time

Pros1. The people are generally quite friendly.
2. Management makes an effort to keep staff informed of new business strategies and developments.
3. Bank has a commitment to diversity and respect for others.

Cons1. After 5-6 years of losses, layoffs, a constant stream of bad press, and being forced to "do more with less", the staff are demoralized and exhausted - and looking for other opportunities elsewhere.
2. Business strategy keeps changing and nothing ever seems to work.
3. Compensation levels (especially bonuses) are far below those of its competitors.
4. Organization is too bureacratic and unwieldy.
5. Too many policies and procedures to keep track of and comply with.
6. Too many computer tools and applications to keep track of and learn how to use.
7. Perks and benefits are below par (e.g., the company match on the 401-K doesn't kick in until after one full year of employment).
8. Bank is more reactive than proactive and always seems to be in damage-control mode.

Advice to Senior ManagementFind a strategy that will work and keep this ship from sinking...

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

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Pass on this place if your motivated...

Vice President (Current Employee)
Stamford, CT (US)

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

Pros- vacation time; other benefits
- office location if you live in conn or nearby in ny

Cons- uk power centric and very political and bureaucratic. Change is not simple and voice from other regions is not heard or executed on.
- separation of bonus compensation between have's(each business line and its staff, senior management across all lines) and have-nots (finance, operations, IT, etc..) which results in low morale and unmotivated people
- people leaving and slots are not filled and responsibilities absorbed to already stretched staff or hiring more poorly skilled and unmotivated individuals.

Advice to Senior ManagementPlease go ahead and break up the company and let investment bank actually be an investment bank so it can be competitive. Otherwise you will continue to see people leaving and no one talented coming back...

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

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Glassdoor is your free inside look at Royal Bank of Scotland reviews and ratings in United States — including employee satisfaction and approval rating for Royal Bank of Scotland CEO Ross McEwan. All 77 reviews posted anonymously by Royal Bank of Scotland employees.