RBC reviews

3.9

76% would recommend to a friend

(16,004 total reviews)
avatar

David I. McKay

85% approve of CEO

73% positive business outlook

RBC has an employee rating of 3.9 out of 5 stars, based on 16,004 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
3.0
Nov 6, 2017
Recommend
Business Outlook

Pros

Good benefits Globally, the company is well run with a good reputation

Cons

London Wealth Management offers limited career progression Investments team is badly run, with a number of poor middle-managers

1.0
Oct 28, 2017

Don't waste your time at RBC Bank, GA

Anonymous employee
Recommend
Business Outlook

Pros

There used to be great work/life balance incentives.

Cons

Top Heavy, workload is crazy, If you're on the 5th Floor with the CEO then you are perceived as "Golden" whether you work or not. If you don't socialize you will not advance, the managers are horrible! Most are straight bullies(mostly the female managers), they care more about games and other bs more so than the work and improving their processes ( which are primitive at best), the vendors that they continue to work with don't help at all, it you're not Canadian you really don't stand a chance and the Americans have to do a song and dance & over compensate to get anywhere at this bank. The turnover here is horrendous. At least 2 people leave every other month.

2.0
Sep 13, 2017

RBC Bank

Recommend
Business Outlook

Pros

RBC Bank (GA) N.A. is a wholly owned subsidiary of RBC. As such it has most of the advantages of the large parent company as well as some of the advantages of a small company. PTO is generous with an employee moving to 20 days per year at year 3 and up to 5 days roll over year to year. Benefits are industry standard for large companies (extensive health, dental, vision, life insurance choices). The company offers a volunteer grant that you can apply for volunteer time in 5 hour increments up to 40 hours and $500 per year. Their maternity/paternity leave is well above US average - I believe it is currently 12 weeks paid. As a small bank, you can know everyone in the organization and have lots of access to senior management. Each person wears many hats and jobs at the company tend to have more breadth than similar titles at larger companies. Employees live the company values for the most part. Many employees have over 20 years of experience with the company and are very willing to help new employees. They are dedicated to the success of the company and the servicing of our clients.

Cons

There are not enough bodies to cover the workload. Employees are encouraged to raise their hand if they are falling behind, but this mainly results in micromanagement and second guessing of the employee's ability to manage time. Pay is either right at or right below industry and local standard for Raises are minimal if at all and often measure 1% or less. STI does not vary much from year to year regardless of performance. Career advancement generally meant waiting for someone to retire, although this is improving. Senior management is drawn mainly from Canada. Middle management is mostly legacy from a rural operations center that was closed when PNC bought RBC USA. These two groups form the main cliques in the company and a new employee would need to successfully navigate them to thrive. The company is making a concerted effort to remove silos and convert the culture to one that is more proactive on the client's behalf and less about passing the buck. This is causing workplace stress. Flexible work arrangements like work from home and non-standard hours are disappearing. They are still official policy but are unlikely to get manager approval.

Viewing 67 - 69 of 16,004 Reviews

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