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
4.0
Jul 2, 2008
Recommend
CEO approval
Business Outlook

Pros

Stable platform due to parent company, so less concerns about being layed off. In research, broad industry coverage and senior analysts are reluctant as they know as long as they do a decent job, they will be compensated well. The associates have little to no room to grow unless in rare cases, analysts are fired, and even then it is unlikely that associate gets promoted. Not the same stress and hours of bulge brackets and is likely what makes people stay around and build longer term careers there (again, referring to more senior analysts).

Cons

At the lowest-end of industry compensation. Research associates make $75-85k with ~$20k in bonus.

3.0
Jun 26, 2008
Recommend
CEO approval
Business Outlook

Pros

RBC Bank is a solid bank with excellent products and good forward movement careerwise. They have a good work life balance philosophy. They have an excellent benefits plan including 401k medical vacation time off and short and long term disability. I enjoy that positions are very straight forward and not complicated. Cross training is done but not really encouraged. If you're a teller you're a teller if you're on the platform you're on the platform.

Cons

RBC Bank has aggressively taken over more than it can chew it's acquisitions and hence the back office support is weak and poor service is provided to customer's internally and externally. Calling back office for support is difficult because no one is willing to take responsibility for issues that arise.

3.0
Jun 24, 2008
Recommend
CEO approval
Business Outlook

Pros

A very large diversified company, abilty work various roles in the organization, ability for promotions if willing to move, very well branded.

Cons

High expectaions of sales, performance and customer service. Very micro managed, higher stress posotitions (sales/credit), bonuses largely derived from measured sales performance which is primarily revenue based, constant changes and reorganization in the comany at employees and clients expenses, base salary is about average or slightly less. Bonus is unknow until comany performaces are established and some years you may get none!

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