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
Mar 12, 2018

Security Analyst

Recommend
Business Outlook

Pros

no pros, all cons, horrible company

Cons

bureaucracy, stingy upper management, very siloed, not great pay.

2.0
Jun 27, 2017

CSR

Recommend
Business Outlook

Pros

Banking hours. Dress code.

Cons

Constant pressure to sell, sell, sell RBC's products (Visa, credit lines, loans, investments). I would recommend products to clients if I thought that they could actually benefit from it. However, I don't believe in trying to sell items to get clients into debt just so RBC can make more money. I was constantly pressured to get my sales higher in my weekly reviews with my manager. Another thing I didn't like was that the lower employees didn't make much money compared to the higher ups. And each branch was given very little money to run their branches. For example the branch that I worked in was a smaller branch. Our branch budget was so low that we couldn't even afford pens or elastics (to bundle the money). Meanwhile one of the guys who used to work in our branch and had since moved on higher in the ranks came to our branch for a visit. He told us that he went for a business meeting where they spent $1000 on lunch for four people. If the higher ups stopped spending money like it grows on trees, there would be more than enough money to spread around to the branches who really need it. We were also understaffed with our staff having to help each other perform tasks. It was a struggle at times, especially when one of the staff would go on holiday and my manager would never get a temp to fill the position due to money. The biggest slap in the face was when RBC sent a person to come and interview all of us separately to see how we could be more efficient. Everyone told her that we needed more staff. However, in her final report she said that we were overstaffed. How the hell could we have been overstaffed with nine people???? To RBC, money matters far more than their employees.

2.0
Mar 2, 2017
Recommend
Business Outlook

Pros

Relaxed office environment, exposure to other capital market desks and ability to build relationships across the bank. Constant deal flow which exposes you to a large part of midstream space.

Cons

Lack of promotion opportunities; top heavy office with no turnover at senior levels (who are almost exclusively Canadian); appalling lack of expertise and leadership at senior levels results in low to no business growth; complex or high involvement transactions are limited; palpable baseless favoritism; inundated with office politics that creates have and have-nots; annoying Canadian counterparts that think they are know-it-alls and consistently try to undermine work; compensation bears little correlation with work product, revenue or return metrics; corporate culture is annoyingly PC and run by airheads; limited growth opportunities, training or mentoring.

Viewing 37 - 39 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.