RBC reviews

3.9

75% would recommend to a friend

(16,049 total reviews)
avatar

David I. McKay

84% approve of CEO

73% positive business outlook

RBC has an employee rating of 3.9 out of 5 stars, based on 16,049 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
Nov 12, 2020
Recommend
CEO approval
Business Outlook

Pros

The end of year bonuses have been good the few years due to RBC's performance

Cons

- the culture in my team makes me feel I have to be 'always on'. If I stop working for 15 minutes to take a break I'm at risk of not meeting a deadline. - half of the team works overtime almost as a given, working well into the night and weekends to make deadlines (without pay). The work isn't properly estimated and thus people are doing overtime. But then in future cycles the same thing happens because the last deadline was met so the new deadline should be fine too right? - working this much and always being on edge just simply isn't worth it for the current pay. The other banks are paying the same, sometimes more and it's much more relaxed.

3.0
Nov 1, 2020

busy and politic

Recommend
CEO approval
Business Outlook

Pros

- new technologies are keep coming - financial technology-related knowledge - never a dull moments (always super busy )

Cons

- very political in every level and department - very small compensation in the IT department compared to actual Technology companies - the chance of being promoted to the next level depends on how long you are in the position and if the director knows you - the chance of being promoted to manager depends if the current manager moves to a new position

2.0
Oct 31, 2020
Recommend
CEO approval
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.

Viewing 133 - 135 of 16,049 Reviews

Glassdoor has 19,973 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.