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
1.0
Jul 4, 2019
Recommend
CEO approval
Business Outlook

Pros

Average base salary and decent bonus. 20 days of paid vacation.

Cons

I can only speak of Capital Markets Technology. In general, technical talents are not at all respected here as your ultimate goal is to serve traders who treat you like some inferior species . Thus the engineering culture is pretty non-existent just like most other banks in Toronto. The technologies are years behind: SVN, Visual Basic, JDK < 1.8, Windows 7 and IE are still quite active in many teams. Devs have very limited access to resources and the internal access control is unnecessarily strict. Codebase is mediocre and sometimes bizarre if written by offshore contractors. You won't be seeing a lot of smart people who are passionate about technologies and are willing to spend their spare time learning the latest technologies and best engineering practices here.

1.0
Aug 17, 2016
Recommend
CEO approval
Business Outlook

Pros

- there are some groups that are well run within the bank, unfortunately I was not in one of them - bank is investing in new businesses that they desperately need in an attempt to catch up to the bulge bracket - if you're a brown-noser type of worker, you may succeed here. unfortunately, if you're actually focused on serving clients, it's best to go elsewhere.

Cons

unfortunately this list will be much longer, so here we go - lots of turnover: i was at the bank for five years, much longer than most people last there. in my time, i saw my group almost completely turnover twice (i.e. they fired everyone in my group and then hired a new group) - distant management: you can certainly talk to your direct manager but try talking to a higher level manager and you'll be put in your place - incompetent management: lower management can fly under the radar for years (and i've witnessed it) without upper management doing much to stop them - they're mostly just concerned about keeping their own jobs. you see this trickle down as non-management also is mostly concerned with keeping their jobs/getting bonuses rather than actually doing their jobs well - low pay: not competitive pay - you do not get paid based on how much commission you made or your trade profits: you get paid based on how much you throw your coworkers under the bus - come bonus time (around the fall), you'll notice people trying to jockey for bigger parts of the bonus pool. instead of focusing on how they can serve their clients best, they try to complain to management about how everyone else is terrible if you're a brown-noser type of worker, you may succeed here. unfortunately, if you're actually focused on serving clients, it's best to go elsewhere.

1.0
Aug 18, 2025
Recommend
CEO approval
Business Outlook

Pros

Benefits are good Global brand looks good on a CV Some good colleagues despite the culture

Cons

Wellbeing is ignored and workloads are excessive, stress levels are high, and burnout is common. Leadership talks about support but delivers very little in practice. Return-to-office policy is a rigid 4-day mandate is being pushed with little regard for individual circumstances, team needs, or the fact that work can be done effectively from home. Flexibility is not encouraged, and employee wellbeing is an afterthought. Work-life balance is non-existent with long hours and out-of-hours demands are routine. Personal boundaries are not respected. Chaotic onboarding and broken processes with unrealistic expectations. Management culture is toxic with micromanagement, shifting priorities, unclear expectations, and goalposts constantly being moved. Instead of enabling staff, leadership increases pressure. Culture of fear and mistrust, people focus on self-preservation rather than collaboration or innovation. Lack of career transparency, progression depends more on politics than performance.

Viewing 16 - 18 of 16,032 Reviews

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