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      RBC

      Engaged Employer

      RBC reviews

      3.9

      75% would recommend to a friend

      (10,969 total reviews)
      avatar

      David I. McKay

      91% approve of CEO

      73% positive business outlook

      Ratings by demographic groups

      RBC has an employee rating of 3.9 out of 5 stars, based on 10,969 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
      1.0
      Apr 5, 2019

      Would not recommend working there

      Associate director
      Recommend
      CEO approval
      Business Outlook

      Pros

      -Good office location in NYC -Monopoly in Canada -The company has made some headway on the Street but held back by various reasons -I don’t know why people state that 401K is great when it is very standard- it fully vests after a few years -Some teams have good work/life balance

      Cons

      -Too much nepotism and culture of sponsorship as opposed to talent recognition - Strong favoritism towards Canadian nationals and too much meddling from the headquarters -Subtle sexism in the way of men are judged on potential and women on past performance -The company is trying to promote diversity and inclusion but these initiatives do not seem to work and have no specific goals in place (at least they have not been communicated to the employees) -Unprofessional and disorganized HR -Lack of promotion and career progression although there are some efforts to move people laterally but, due to the small size of the company, it’s fairly limited -Old and inefficient legacy systems -Increased cost cutting

      2.0
      Mar 2, 2017

      Global Credit / Corporate Banking

      Vice president corporate banking
      Recommend
      CEO approval
      Business Outlook

      Pros

      Relaxed office environment, exposure to other capital market desks and ability to build relationships across the bank. Constant deal flow which exposes you to a large part of midstream space.

      Cons

      Lack of promotion opportunities; top heavy office with no turnover at senior levels (who are almost exclusively Canadian); appalling lack of expertise and leadership at senior levels results in low to no business growth; complex or high involvement transactions are limited; palpable baseless favoritism; inundated with office politics that creates have and have-nots; annoying Canadian counterparts that think they are know-it-alls and consistently try to undermine work; compensation bears little correlation with work product, revenue or return metrics; corporate culture is annoyingly PC and run by airheads; limited growth opportunities, training or mentoring.

      2.0
      Apr 14, 2016

      No accountability

      Trader
      Recommend
      CEO approval
      Business Outlook

      Pros

      Stability and security. These folks were the safest place to weather the financial crisis--unfortunately that's because they were too slow to get involved in the parts of the market that exploded, not too smart.

      Cons

      The company culture is toxic and rewards people who quietly block forward motion as they are never held accountable. Many managers seem to feel the answer to any questions is "status quo." They don't recognize what makes a top performer and so they are never valued or rewarded.

      Viewing 4 - 6 of 10,969 Reviews
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      Glassdoor has 19,948 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.