RBC reviews

3.9

76% would recommend to a friend

(16,005 total reviews)
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David I. McKay

84% approve of CEO

74% positive business outlook

RBC has an employee rating of 3.9 out of 5 stars, based on 16,005 company reviews on Glassdoor which indicates that most employees have a good working experience there. The RBC employee rating is in line with the average (within 1 standard deviation) for employers within the Financeiro industry (3.7 stars).

Reviews by job title

16K reviews
1.0
Oct 27, 2023
Recommend
Business Outlook

Pros

- Broader company, RBC Capital Markets, has good reputation in Canada - Office close to Union Station (accessible through PATH)

Cons

- They hire educated immigrants to fulfill a middle office function which is mainly administrative in nature - Very little credit skills - High pressure environment for lacklustre pay (not 9 to 5) - Team Leads are micromanagers at both VP and Director level - No talent development and do not consider role as stepping stone to Corporate Banking or other front-office roles

4.0
Oct 25, 2023
Recommend
Business Outlook

Pros

RBCs benefits are very good. Their health insurance is the best I've heard of. During the pandemic they gave 2 cost of living adjustments in addition to yearly raises to help offset rising costs. The corporate culture is very friendly and un-eliteist. C level execs who have no idea who I am have casually talked to me on on elevators or while walking out the door, asking how work is going, where to go get food, or anything. And many of them are only visiting from Toronto, so it's not like they're trying to build a ground up community. I think they actually are interested in their employees.

Cons

They seem to only train for the position you are in. If any sort of movement would require licensing, degrees, or so on, you only can get it once you're in that position. People in many levels seem set at their position and rarely move up, making it hard for people to get out of entry level jobs without leaving the company and coming back years later. (This is a VERY normal occurrence at RBC.) HR and internal recruiting seem very slow or overworked. I would think they would go find experienced workers internally and try to bring them into new roles, but I have never heard of anyone having this experience at RBC. (If I apply sure, but they never seen out existing talent, even when they say things like "I'll keep your resume on file.")

2.0
Mar 3, 2023
Recommend
Business Outlook

Pros

- Pay is okay, not the best but given work life balance can't complain much - Work can be interesting if lucky enough to be on a good project, probably 50/50 in terms of good vs boring projects

Cons

- Very hierarchical team structure - Team is full of ex-consultants from BCG, Deloitte, etc. and they bring that culture with them - Opinions don't feel valued if you are below director level - Get cut out of, or am not even told about, some major meetings with stakeholders until after the meetings are done since they were "director and above" meetings. Doesn't make sense because it's a remote meeting anyway, and the time spent needing to translate what happened so I can get my work done is like playing broken telephone

Viewing 31 - 33 of 16,005 Reviews

Glassdoor has 19,919 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.