Royal Bank Of Canada Culture | Comparably
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Royal Bank Of Canada Claimed Company
Royal Bank of Canada is a financial services company focused on banking, wealth management, insurance, investment, and capital markets. read more
EMPLOYEE
PARTICIPANTS
376
TOTAL
RATINGS
2277

Royal Bank Of Canada Company Culture

Royal Bank Of Canada Culture

This score is derived from employee ratings & reviews
3.8/5
Royal Bank Of Canada's Overall Culture is rated B

Top Rated Culture Dimensions

Royal Bank Of Canada CEO

Top 20%Top 20% of Similar Size Companies on Comparably
David McKay Royal Bank Of Canada's CEO
David McKay
75 /100

Diversity at Royal Bank Of Canada

Top 30%Top 30% of Similar Size Companies on Comparably
B

Diverse employees at Royal Bank Of Canada have rated CEO Rating, Leadership, and Manager as the highest categories they have scored

Women at Royal Bank Of Canada

Top 35%Top 35% of Similar Size Companies on Comparably
B

Women at Royal Bank Of Canada have rated Perks And Benefits, Leadership, and Manager as the highest categories they have scored

Royal Bank Of Canada eNPS

Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"
Top 35%Top 35% of Similar Size Companies on Comparably

Recommend to a Friend?

10

Royal Bank Of Canada employees are 10% more likely to recommend Royal Bank Of Canada as a great place to work

43%Promoters
24%Passives
33%Detractors

Working at Royal Bank Of Canada

Working at Royal Bank Of Canada is rated average by 376 employees, across various culture dimensions. Royal Bank Of Canada employees are most satisfied about Office Culture, CEO Rating, and Manager categories, putting Royal Bank Of Canada’s culture in the Top 35% compared to similar sized companies on Comparably. See below in detail how working at Royal Bank Of Canada was rated by employees.

Overall Company Culture at Royal Bank Of Canada

B

Overall Company Culture at Royal Bank Of Canada is rated B

Last updated 2 days ago

Top
35%

Royal Bank Of Canada ranks in the Top 35% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score

Overall Company Culture Score by Department

This graph details how each department scores their Overall Company Culture

Results from 376 Employees

View Results
0
20
40
60
80
100
Sales
78
Sales78
Operations
68
Operations68
Customer Support
63
Customer Support63

Royal Bank Of Canada Employee Reviews

Out of 216 Royal Bank Of Canada employee reviews, 73% were positive. The remaining 27% were constructive reviews with the goal of helping Royal Bank Of Canada improve their work culture.

73%
27%
Positive Reviews73%
Constructive Feedback27%

Positive Reviews From Royal Bank Of Canada Employees

  • What did you like most about the interview process?
    It was so long ago.
  • What makes you most happy at work?
    Accomplishment, fulfilling clients needs and helping people.
  • What is most positive about the culture and environment at your company?
    My workplace doesn’t necessarily reflect the company’s culture. Most in my workplace are great RBCers but a few have surprised me with their work et

Constructive Feedback From Royal Bank Of Canada Employees

  • Why do you feel undervalued and what would make you feel better about your compensation?
    As of the moment I am still an intern without any benefits but it would be great to have a stock option before my internship ends and also some health card benefits as well.
  • Why do you feel undervalued and what would make you feel better about your compensation?
    higher equity plans should be available
  • What do your coworkers need to improve and how could you work together better?
    Theres nothing wrong with my coworkers, i just have nothing to look forward to during the day except leaving, so im not interested in web chatting with them.

Royal Bank Of Canada Company Information

Royal Bank Of Canada Company Overview

Royal Bank of Canada is a financial services company focused on banking, wealth management, insurance, investment, and capital markets.

Royal Bank Of Canada Mission, Vision & Values

Royal Bank Of Canada Mission Statement

RBC Royal Bank is where more Canadian clients put their trust for all their financial solutions and where clients around the world obtain specialized products and services.

Royal Bank Of Canada Values

  • Excellent services to clients and each other
  • Working together to succeed
  • Personal responsibility for high performance
  • Diversity for growth and innovation
  • Trust through integrity in everything we do
Headquarter Torronto
United States of America
Websitewww.rbcroyalbank.com
Founding Date1864
Company StatusPublic
StockRY

Royal Bank Of Canada Competitors

Royal Bank Of Canada competitors include Td Bank, Scotiabank, and Bank Of Montreal. Royal Bank Of Canada ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Royal Bank Of Canada compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

  1. #1
    Td Bank's Logo
    Td Bank
    4.3/5
  2. #2
    Royal Bank Of Canada's Logo
    Royal Bank Of Canada
    3.8/5
  3. #3
    Scotiabank's Logo
    Scotiabank
    3.2/5
  4. #4
    Bank Of Montreal's Logo
    Bank Of Montreal
    2.9/5
  • Culture Video

Royal Bank Of Canada Employees

376 employees at Royal Bank Of Canada have reviewed Royal Bank Of Canada across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was 2 days ago.

Overall, the 376 Royal Bank Of Canada employees give their leadership a grade of B, or Top 25% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.

Employees at Royal Bank Of Canada are not very pleased with their total compensation at Royal Bank Of Canada, which includes a combination of pay, stock and equity, and benefits.

Overall, employees at Royal Bank Of Canada are generally satisfied with their team. 376 Participants grade the quality of their coworkers a B-. The majority believe the meetings at Royal Bank Of Canada are effective, and the majority look forward to interacting with their coworkers.

The majority of employees at Royal Bank Of Canada believe the environment at Royal Bank Of Canada is positive. Most Participants believe the pace of work at Royal Bank Of Canada is comfortably fast. About 61% of the employees at Royal Bank Of Canada work 8 hours or less, while 9% of them have an extremely long day - longer than twelve hours.

Overall, the employees at Royal Bank Of Canada are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.

Joining Royal Bank Of Canada - Employee Onboarding

The prevailing opinion from Comparably users about their company is that it was very prepared on their first day. Employees concluded that their overall onboarding experience was positive. 73% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.

Royal Bank Of Canada KPIs and OKRs

Employees’ understanding of Royal Bank Of Canada's KPIs and OKRs is essential for its success. Out of 1 Royal Bank Of Canada employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.

AnswerPercent
Yes100%
No0%
Are your company's goals clear, and are you invested in them?
AnswerPercent
Yes0%
No0%
Are the KPIs/OKRs for your department clear?

Royal Bank Of Canada CEO & Leadership

Royal Bank Of Canada CEO - David McKay

David McKay Royal Bank Of Canada's CEO
75 /100

David’s approval rate is in the Top 20% of all CEOs of similar-sized companies on Comparably. Royal Bank Of Canada’s CEO is highly regarded especially by employees with 6 to 10 Years experience, employees with the company for 1 to 2 Years, and Male employees. However, employees with 3 to 6 Years experience, Female employees, and Caucasian employees have a less favorable view of the CEO and believe there is room for improvement. Compared to Royal Bank Of Canada’s competitors, David McKay ranks right above Scotiabank CEO Brian Porter. Under McKay’s leadership, Royal Bank Of Canada employee respondents are most happy about their Office Culture and the company’s Manager. Compensation and Happiness are two areas, according to respondents, where Royal Bank Of Canada could stand to see real improvement.

Royal Bank Of Canada Leadership

The Royal Bank Of Canada Executive Team is rated a “B” and led by CEO David McKay, Group Head of Capital Markets, Investor & Treasury Services A. Douglas McGregor, and Chief Administrative Officer Jennifer Tory

  • David McKay  CEO / President

    David McKay CEO / President

    David McKay serves as the CEO / President of Royal Bank Of Canada.

  • A. Douglas McGregor Group Head of Capital Markets, Investor & Treasury Services

    Mr. A. Douglas McGregor, also known as Doug, serves as Group Head of Capital Markets and Investor & Treasury Services... read more

  • Jennifer Tory Chief Administrative Officer

    Ms. Jennifer Tory has been Chief Administrative Officer of Royal Bank of Canada since May 1, 2017. Ms. Tory served as... read more

  • Rod Bolger Chief Financial Officer

    Mr. Rod Bolger has been Chief Financial Officer of Royal Bank of Canada since December 1, 2016 and served as its... read more

  • Douglas A. Guzman Group Head of Wealth Management & Insurance and Deputy Chair of Capital Markets

    Mr. Douglas A. Guzman, also known as Doug, has been Group Head for Wealth Management and Insurance at Royal Bank of... read more

  • Michael Dobbins Chief Strategy & Corporate Development Officer

    Mr. Michael Dobbins, also known as Mike, has been Mortgage Chief of Capital One Financial Corporation since October 2007... read more

  • Sandra Odendahl Head of Social Finance Initiative

    Ms. Sandra Odendahl has been Head of Social Finance Initiative at Royal Bank of Canada since November 2015.

  • Vikas Jambotkar Head of Services to Indian Financial Institutions and Capital Markets Services to Corporations

    Mr. Vikas Jambotkar serves as Head of Services to Indian Financial Institutions and Capital Markets Services to... read more

  • Kirk Dudtschak Executive Vice President of Personal and Commercial Banking

    Mr. Kirk Dudtschak has been Executive Vice President of Personal and Commercial Banking at Royal Bank of Canada since... read more

Royal Bank Of Canada Salaries

How much does Royal Bank Of Canada pay?

How much do people at Royal Bank Of Canada get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Royal Bank Of Canada is $130,422, or $62 per hour, while the estimated median salary is $130,967, or $62 per hour.

At Royal Bank Of Canada, the highest paid job is a Group Product Manager at $225,702 annually and the lowest is a CS Rep at $46,323 annually. Average Royal Bank Of Canada salaries by department include: Engineering at $141,172, Marketing at $109,540, IT at $106,286, and Operations at $102,825. Half of Royal Bank Of Canada salaries are above $130,967.

108 employees at Royal Bank Of Canada rank their Compensation in the Bottom 35% of similar sized companies in the US (based on 328 ratings) while 104 employees at Royal Bank Of Canada rank their Perks And Benefits in the Top 50% of similar sized companies in the US (based on 104 ratings).

Salaries contributed from Royal Bank Of Canada employees include job titles like Business Analyst and Project Manager. Comparably data has a total of 1 salary records from Royal Bank Of Canada employees.

Last updated 2 months ago.

1st Percentile
$73k
$73k1st Percentile
17th Percentile
$102k
$102k17th Percentile
33rd Percentile
$122k
$122k33rd Percentile
50th Percentile
$183k
$183k50th Percentile
67th Percentile
$238k
$238k67th Percentile
83rd Percentile
$266k
$266k83rd Percentile
100th Percentile
$297k
$297k100th Percentile
$130,422*
Average Compensation
$130,967*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Royal Bank Of Canada Salaries by City

Royal Bank Of Canada Salaries by Department

Explore Royal Bank Of Canada Salaries

Diversity & Inclusion at Royal Bank Of Canada

Diverse employees at Royal Bank Of Canada score the company 70/100 across various culture categories, placing Royal Bank Of Canada in the Top 30% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Royal Bank Of Canada across various culture dimensions.

Ranked Culture the Highest

Women 63/100
Department - Customer Support
Men 78/100
Department - Operations
Diverse Employees 71/100
Department - Operations

Ranked Culture the Lowest

Women N/A/100
Men N/A/100
Diverse Employees N/A/100

Royal Bank Of Canada Perks & Benefits

Health & Wellness

  • Dental Insurance
  • Health Insurance

Royal Bank Of Canada PTO

Royal Bank Of Canada's PTO and Vacation policy typically gives 15-20 days off a year.

AnswerPercent
Flex Time0%
Vacation Policy0%
Office Meals0%
401k Contribution0%
Childcare0%
Other than healthcare, which of the following benefits is most important to you?
AnswerPercent
Yes0%
No0%
Does your boss expect you to work when you're on vacation?
AnswerPercent
$2500+/mo0%
$1500 - $2500/mo0%
$1000 -$1500/mo0%
$500 -$1000/mo0%
Less than $500/mo0%
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?

Royal Bank Of Canada Careers

Royal Bank Of Canada Jobs

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H1B Visa

In 2019, Royal Bank Of Canada applied for 10 H1B visas. Of the work permits applied for, 100% were approved.

Work Permit Application Outcome

10
Total Applied
  • 100% Granted (10 out of 10)
  • 0% Denied ( out of 10)
  • 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 10)
  • 0% Certified-Withdrawn Application was approved but later withdrawn by employer ( out of 10)

This data was calculated using publicly sourced data from OFLC Performance Data

Let Royal Bank Of Canada Know You Want To Work There

Overview of Candidates Interested in Royal Bank Of Canada on Comparably

Candidates By Department

All Industries
100%

Candidates By Location

Frequently Asked Questions regarding Royal Bank Of Canada

What is Royal Bank Of Canada address?

Royal Bank Of Canada location is at Torronto

Who is the CEO of Royal Bank Of Canada?

Royal Bank Of Canada CEO is David McKay, their score by employees is 75

What is Royal Bank Of Canada eNPS?

The eNPS for Royal Bank Of Canada is 10

What is Royal Bank Of Canada revenue?

Royal Bank Of Canada revenue is $40B

What is the salary for Jr Product Manager in Royal Bank Of Canada?

Jr Product Manager average salary in the US is 101k

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