RBC reviews

3.9

76% would recommend to a friend

(16,032 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 16,032 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
5.0
Apr 3, 2017
Recommend
Business Outlook

Pros

- Excellent learning and development resources - Opportunities for growth internally - Very competitive salary+bonus package

Cons

- Digital Transformation is fragmented; depends on where you are in the bank

1.0
Mar 24, 2017
Recommend
Business Outlook

Pros

A salary saves you from starvation. You learn how Banks make money off of clients so you know how to avoid being a victim of the clever sales tactics. Useful Perkopolis Discounts. Employee discount on Aviva Insurance for home/auto.

Cons

Lots of pressure to make sales despite clients not needing or wanting products, and despite products being potentially detrimental to clients' financial well-being. Failure to consistently meet sales goals is met with the threat of dismissal. "Perhaps you should consider whether you are the right fit for this role", is what managers say when sales performance is low. Management is not open to the concerns of lower level staff because the pressure is top-down and only profit matters. Little opportunity for growth as there is high competition for limited number of positions. Generally a miserable work environment where workers feel overworked, underpaid, disrespected and unappreciated. Also, insurance coverage for dental and vision is only available if you agree to additional salary deductions. Why have me sit at a computer all day, pay $14/hour and then expect me to pay more to get my eyes checked? Ridiculous.

3.0
Dec 15, 2016

Director

Recommend
Business Outlook

Pros

Excellent benefit plan. Competitive bonus structure for head office roles. Generally good at hiring and promoting diversity up to middle management levels. Extremely large company, which means that there are usually opportunities for lateral job changes even when advancement options are not currently available.

Cons

Some departments have a "lifer" culture, with average employee tenures of 15+ years. This makes effecting real change challenging at times. Diversity (of all types) declines above the Director level. For all that there are investments in new technology (e.g. mobile banking), the majority of the bank runs on VERY old software that is utterly unappealing to hires straight out of school.

Viewing 157 - 159 of 16,032 Reviews

Glassdoor has 19,952 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.