RBC reviews

3.9

75% would recommend to a friend

(10,973 total reviews)
avatar

David I. McKay

91% approve of CEO

73% positive business outlook

RBC has an employee rating of 3.9 out of 5 stars, based on 10,973 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 Financial Services industry (3.7 stars).

Reviews by job title

11K reviews
5.0
Jul 31, 2008
Recommend
CEO approval
Business Outlook

Pros

Best place I've ever worked. Enjoyed most of the people I worked with. Compensation and benefits were good. Company affords people the opportunity to demonstrate their capabilities, particularly compared to many other investment banks.

Cons

Brand recognition is not what it is for other firms or what it could/should be. It is unfortunate, because I've worked at more "name brand" banks where the people were highly incompetent and where the work was poor - at RBC the brand recognition isn't as good, but I felt the people and the work we did was significantly better than at other "name brand" banks.

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
Sep 15, 2024

Entry-Level Banker

Recommend
CEO approval
Business Outlook

Pros

Valuable experience: Working as a Relationship Banker allowed me to develop strong communication, sales, and customer service skills. It was rewarding to help clients with their financial goals and offer personalized advice. Team environment: My colleagues were supportive and knowledgeable, creating a collaborative atmosphere in the branch. There was always someone willing to offer guidance or share their expertise.

Cons

Low pay: The compensation for this role was on the lower end compared to similar positions in the industry. While there were occasional bonuses or incentives tied to sales performance, it didn’t fully make up for the base salary. Pressure to sell: A significant portion of the job involved pushing RBC’s products—such as credit cards, loans, and investment products—to clients. While I understand the need for a sales focus, the emphasis on hitting sales targets often felt excessive, taking away from the relationship-building aspect of the role. It became more about meeting quotas than genuinely helping clients. Limited career growth: While RBC is a large company with many opportunities, I found that the pathway for growth in this position felt somewhat limited. Advancing required significant sales success and sometimes seemed more about numbers than skill or client satisfaction.

Viewing 40 - 42 of 10,973 Reviews

Glassdoor has 19,955 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.