RBC reviews

3.9

75% would recommend to a friend

(10,972 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 10,972 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
Sep 30, 2008
Recommend
CEO approval
Business Outlook

Pros

Fair and balanced approach to learning, training and opportunity to grow. Fast paced and changing environment. Management is always sharing standings of your performance and bank performance. Reviews are given quarterly so you know how you management feels you are performing. Co-workers are good to work with. Mistakes are explained, so you understand the why of what went wrong and how to fix it. There is freedom to speak out if you do not agree without fear of reprisal. If you voluntarily contribute at least 10% of salary towards your pension, RBC will add 6% to your contribution.

Cons

The starting salary is extremely low for the basics of the job. The benefits package is employee paid and fairly expensive, you do not have option of opting out if you have no outside coverage. Getting time off for family things, such as dentist, doctors can be a hassle. Changes have been made to pension which is a voluntary contribution.

4.0
Sep 29, 2008
Recommend
CEO approval
Business Outlook

Pros

I work as an Account Manager at the branch level in West Vancouver. I was first hired as a CSR and was able to quickly move up to Account Manager once I let my manager know of my intentions. I found nothing but support from management on my intentions to pursue a lasting career with RBC and advancing quickly. RBC is a very multi cultural and accepting company to work for. I am always surprised at the different types of people they hire. Also, if you put in your time there is plenty of room for career advancement. The training is great and you have tons of support from all your service partners to really give your clients a superior experience.

Cons

The lack of team spirit between the service and sales teams at the branch level as always bothered me. It is also tough at time to attract clients with our rates becuase RBC is very risk adverse and looks out for the strength of the company and its shareholders. That can be a pro and a con at times. RBC being such a big bank can also be a problem in moving the company in a direction quickly. The turn around in the bank is very high (especially on the service side) which often leaves clients frustrated to not be dealing with the same person for very long. This is largely due to career advancement opportunities which is a good thing if that is what you are interested in.

5.0
Sep 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Great atmosphere, good compensation that is at the top of the industry, a very stable and established company, great benefits including outstanding share and pension plans, the ability to take on more challenging work if requested, promotions from within the company based on your performance, a very well respected company and a leader in the industry.

Cons

The only downside I can think of is the same as all office jobs, the old 9-5 without much excitement. I guess the pressure could get a little too much for certain people at times, but in reality, if you couldn't handle it, you probably wouldn't be a good fit for the company.

Viewing 10951 - 10953 of 10,972 Reviews

Glassdoor has 19,952 RBC reviews submitted anonymously by RBC employees. Read employee reviews and ratings on Glassdoor to decide if RBC is right for you.