RBC reviews

3.9

76% would recommend to a friend

(16,032 total reviews)
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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 Finanzen industry (3.7 stars).

Reviews by job title

16K reviews
3.0
Jun 26, 2021
Recommend
CEO approval
Business Outlook

Pros

Rbc is a phenomenal organization that truly cares about its clients, has a great training program and overall across the organization the culture is good.

Cons

However, managers have every power in the world to torment/harass employees. My branch manager did it to 3 people - one until she left, then started on me, now onto someone else. Upper management enables it and it has been brought to their attention on multiple occasions. Those speaking out are flagged as troublemakers. I always slayed my stats etc, and I made a few mistakes and suddenly I’m having 10 meetings over the same problem that I fixed immediately after the first meeting thereby making it impossible for me to meet my stats. Many branch managers are uncaring and have a god complex. Be prepared to leave if your manager is awful. My first one was absolutely amazing and at that time I was so happy working for rbc. You will also work a fair amount of unpaid overtime scrambling to keep them happy. Stats are otherwise unattainable, and programs glitch and crash and then you’re in trouble for not using them enough.

1.0
Dec 6, 2018
Recommend
CEO approval
Business Outlook

Pros

RBC may be can pay fairly

Cons

All other aspects is the worst , Technical side , a lot full time employee are lazy and their knowledge are out of dated , but pretend they know and all process is very slow . management is terrible and is the worst that I ever experienced : quite some IT managers not technical enough even only for their management needs scope... and the vendor has very complicated relationship with hire managers... and other interesting things are: not only full time employee try to take other's achievement as themselves own , even some contractor who take use of close relationship with management layer , also do the same thing, even worse thing is , they don't respect facts, can tell lie just face the facts ... say white as black or say black as white . not respect technical professional . and manager always believe the guys who can be more soft even lie to them as long as flatter him ... work place is very crowded many experienced professional include some better full time employee commented on RBC: RBC has already lost control! and culture is " flatter and lie " culture !

2.0
Sep 21, 2018
Recommend
CEO approval
Business Outlook

Pros

Lots of happy smiley faces and from time to time charming but naive Canadians floating through the office.

Cons

Business is slow moving. Large number of dormant accounts. Heavy unexplained bias to doing business in the BRICS/PIGS (traditional Roman Catholic debt laden EU and Central American countries and facilitation of off-shore accounts and trusts) that suffered heavily after the financial crisis. Although the bank claims to be conservative and friendly and uses this as a mantra they do on-board questionable clients or hire bankers with questionable links in the past. It seems if you're someone who doesn't notice things you get to stay for a long time and are offered a lot of flexibility/help to progress. Favouritism in the London Wealth office is rife with little attention paid to aptitude more, personal links to senior MD's, whoever catches a managers eye (amongst the girls mostly) and anyone with a similar surname to a relative of a senior director or went to the same/similar type of school as one of their children. This is history in most of the city but not in this office. One MD tried to fight against the creation of a defined career path for Assistants to progress to professional career. An appalling Upstairs/Downstairs attitude and he was proud of it. Hoping to do business by people speaking with '3rd cousins' in the city professions. More than a sense of entitlement but an expectation that others working at the bank with be from upper middle class privately educated backgrounds. If you didn't fit this cultural picture you're days where numbered. This was in 2014. A lot of blind eyes turned to poor behaviour and conduct and in the junior ranks some inexplicable hires of banking assistants with little or no background in the industry who are given rapid progression and very generous benefits. For example able to take holidays with no notice and seemingly endless holiday allowances and study time off. All hidden with a charming smile. It's clear after a while that's there is a lot of wilful procrastination in this company and it doesn't function like many other private banks. A lot of very noisy efforts to promote women and ethnic minorities but the London office has a number of stories circulating about sexual harassment with the directors allegedly involved very quick to talk about how much they help women and backs turned on the girls concerned very quickly. Slightly seedy atmosphere and feels like quite 'shop window' of an operation.

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