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      RBC

      Engaged Employer

      RBC reviews

      3.9

      76% would recommend to a friend

      (16,029 total reviews)
      avatar

      David I. McKay

      85% approve of CEO

      73% positive business outlook

      Ratings by category

      4.1

      Diversity & inclusion

      3.9

      Culture & values

      3.8

      Career opportunities

      3.7

      Work/Life balance

      3.5

      Senior management

      3.5

      Compensation and benefits

      RBC has an employee rating of 3.9 out of 5 stars, based on 16,029 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).

      Ratings by demographic groups

      Reviews by job title

      16K reviews
      2.0
      Oct 31, 2020

      This position doesn't worth your time and loyalty

      Insurance advisor
      Recommend
      Business Outlook

      Pros

      Start with a big name and come with good benefit, office our is flexible

      Cons

      the most ridiculous compensation structure that I have seen in my life. the compensation is not designed to help you make money but to stop you from many money. A so-called 3-month rolling period which calculated your total sales in 3 months so that determine your payout ratio the 4th month. It looks not that bad, but when you realize that there are so many things such as slow underwriting, weird settlement date, you could work really hard and make nothing there. 2 weeks not so good performance could possibly ruin everything. it is unarguable that only 5% of advisor could make decent commission and the rest are 45k-55k averagely. Plus the lack of knowledge manager who offers no help and the people titled "specialist" will return your call after two weeks when you need help, you are pretty much work on you own there. Dunt be suprised that when business getting slow down, they will kick you out of the bus immediately, they will not fire you but they will make you quit.

      3.0
      Oct 19, 2020

      Stay away from the insurance side

      Licensed insurance advisor
      Recommend
      Business Outlook

      Pros

      "Advanced" entry level customer service role with opportunity for significant quarterly bonuses if performance targets are exceeded. Very easy job with a decent base salary. Provides a foot into the door of a huge company.

      Cons

      Very isolated position with limited support from managers, who are there to tell you how to be a better robot to meet their call center metrics, instead of working with you and teaching you skills that can help you improve to your overall success as an employee. The insurance side is very limited in terms of advancement opportunities, the only place to go is into a Team Lead Managerial position. The company boasts opportunity for advancement, but don't expect assistance getting into the banking side unless you complete the courses on your own time and dollar. The company will only reimburse you for courses related to your role (so if you start in Insurance they will only reimburse you for the CIP course) which will not help you unless you look for higher paying positions with other insurance companies/brokers.

      1.0
      Sep 2, 2020

      Micro managing

      Financial adviser
      Recommend
      Business Outlook

      Pros

      Benefits, employee stock purchase plan

      Cons

      Outdated credit system from 1999 Few managers have knowledge outside of how to micro manage Forced to harass clients constantly updating corporate memory

      Viewing 136 - 138 of 16,029 Reviews
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      Glassdoor has 19,948 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.