Does RBC pay their employees well?

According to anonymously submitted Glassdoor reviews, RBC employees rate their compensation and benefits as 3.5 out of 5. Find out more about salaries and benefits at RBC. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at RBC?

75% of RBC employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated RBC 3.7 out of 5 for work life balance, 3.9 for culture and values and 3.7 for career opportunities.

What are the top reviewed jobs at RBC?

Banking Advisor (1295) , Client Advisor (818) , Analyst (491) , Financial Advisor (380) , Associate (352) , Business Analyst (303) , Manager (279) , Director (256) , Senior Manager (245) , Customer Service Representative (230) , Software Developer (208) , Associate Director (169) , Financial Analyst (164) , Intern (162) , Account Manager (152)

What are the pros of working at RBC according to real employee reviews?

"RBC has great culture in the sense that it cares about its client and always want to do the best for them." ((in 1446 reviews)); "Good benefit such as medical and dental" ((in 1370 reviews)); "Company value is great and the people there are very friendly to each other" ((in 1074 reviews)); "Flexible and good work life balance" ((in 946 reviews)); "Great team and working in real time industry leading research initiatives in the time of AI" ((in 458 reviews))

What are the cons of working at RBC according to real employee reviews?

"Low pay: The compensation for this role was on the lower end compared to similar positions in the industry." ((in 878 reviews)); "Low salary and many people that should not be there as they don't do much and regularly WFH" ((in 677 reviews)); "poor management and u could get fired all of a sudden." ((in 427 reviews)); "Not a great employer if you have a bad manager who is good at everything but managing people." ((in 328 reviews)); "Banking hours are long and hectic at month ends" ((in 285 reviews))

What are employees saying about RBC layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about RBC layoffs and their outlook for job security at RBC in 2026.

RBC reviews

3.9

75% would recommend to a friend

(16,068 total reviews)

David I. McKay

84% approve of CEO

73% positive business outlook

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

RBC has an employee rating of 3.9 out of 5 stars, based on 16,068 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

2.0

Apr 23, 2026

Culture changed significantly in the last years

Senior software developer

Recommend

CEO approval

Business Outlook

Pros

- Decent retirement and health benefits - You will work with some very talented and knowledgeable ICs - Opportunities for lateral internal movement

Cons

- Your experience as a Software Developer / IC entirely depends on your manager - Pre-Covid salaries were very competitive within the Canadian market. Now salaries fall into low-average market range - Push for AI adoption comes from non-technical middle/senior management and lacks proper vision and direction - False sense of stability, I have seen many silent lay-offs happen since the pandemic ended - Lack of growth. If you are early in your career, do not stay here for more than couple years or you are likely to get pigeonholed into working banks

4.0

Nov 12, 2025

Great Culture, Needs Better Direction

Salesforce developer

Recommend

CEO approval

Business Outlook

Pros

Excellent work-life balance is genuinely promoted and supported by team leaders. Colleagues are incredibly collaborative, intelligent, and motivated to succeed together. The benefits package is highly competitive, especially the health insurance and retirement match. Flexible hybrid work schedule is a huge perk for managing personal commitments easily. The company provides fantastic resources for ongoing learning and skill development courses.

Cons

Technology stack is aging and there's resistance to necessary modern infrastructure updates. Project prioritization changes too often, leading to wasted effort and team frustration. Communication flow from executive leadership down to the individual contributors is weak. Compensation raises have been lagging behind industry standards over the last few years. Internal bureaucracy often slows down decision-making processes significantly across departments.

5.0

Nov 3, 2025

Finance Team

Financial analyst

Recommend

CEO approval

Business Outlook

Pros

Incredible internal culture, great management team- people really care. Not very hierarchal, voices are heard and encouraged.

Cons

Cut throat because cost efficiencies are crucial

Viewing 217 - 219 of 16,068 Reviews

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Culture changed significantly in the last years

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