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Glam Journal

Is RBC a good employer?

Author

Andrew Henderson

Updated on March 17, 2026

Is RBC a good employer?

RBC is a lovely place to start out. The team and management are invested in your success. The only con is the fast pace, back to back phone calls without much breather in between calls. The pay is average but I enjoy the work and my manager makes it easier with her constant support, trainings and encouragement.

What benefits do RBC employees get?

We offer a core package of benefits, plus a flexible, optional program that gives employees access to competitive and affordable enhanced benefits. The offering includes medical; prescription drug; dental; life and accident insurance; and short-term and long-term income protection.

Why would you want to work at RBC?

Again RBC is largest banking sector with amazing training program with great benefit. Because of its healthy work culture as compared to TD and CIBC. The structure of the company is such that employees work as a team. It’s one team one RBC in real terms.

What discounts do RBC employees get?

As an RBC employee in Canada, you may enjoy significant savings of up to 20% on car insurance1 and up to 10% on home insurance2, and additional discounts based on eligibility. Savings: In addition to receiving group plan member rates, you can save on insurance with additional discounts based on eligibility.

Is it hard to get a job at RBC?

While it isn’t rare for RBC to consider, and even hire, first year students, it is less commonly seen across the board of the Big 5 Banks.

Is RBC or TD better?

Overall, the ability to get fees waived on chequing accounts, the opportunity to buy some ETFs for free, and better investment options give TD an edge over RBC.

What is RBC famous for?

As one of the Caribbean’s leading diversified financial services companies, RBC provides personal and commercial banking, wealth management, corporate and investment banking, insurance and trust and asset management services to a range of clients, including individuals, small businesses, general commercial entities.

Do RBC employees get a pension?

Toronto-based royal bank of Canada will become the first major bank in Canada to eliminate its defined-benefits pension plan for all new employees, including financial advisors. Currently, RBC offers both DC and DB plans for its employees. They can choose to be in either one, and have a one-time option to switch.

Do RBC employees get mortgage discount?

The same interest rate offered to RBC employees is being given to customers seeking new and “switch-in” mortgages across Canada. “This is a first for RBC, and a first for the big banks,” says Sean Amato-Gauci, senior vice-president of home equity financing at RBC.

What are RBC values?

The normal RBC range for men is 4.7 to 6.1 million cells per microliter (mcL). The normal RBC range for women who aren’t pregnant is 4.2 to 5.4 million mcL. The normal RBC range for children is 4.0 to 5.5 million mcL.

How long does RBC take to hire?

So about 2 weeks roughly. First you apply through the RBC total , then a few day after they contact you to have an interview over the phone for about 45mn. At the end of that said phone call they will tell you whether they decided to move forward with you to the next step.

What are the richest banks in Canada?

  1. Royal Bank of Canada. The Royal Bank of Canada is the largest of the Big Five with respect to net revenue (C$11.4 billion in 2020) and capitalization (C$132.5 billion in 2020).
  2. Toronto-Dominion Bank.
  3. Bank of Nova Scotia.
  4. Bank of Montreal.
  5. Canadian Imperial Bank of Commerce.

What work arrangements do RBC employees take advantage of?

n™One-third of RBC employees took advantage of flexible work arrangement options, including the purchase of additional vacation days, telecommuting, modified work weeks, job sharing, flextime and flexiplace. nEmployees in North America purchased more than 15,000 vacation days as part of our Purchased Vacation Option.

What is risk based Capital (RBC)?

Issue: Risk-Based Capital (RBC) is a method of measuring the minimum amount of capital appropriate for a reporting entity to support its overall business operations in consideration of its size and risk profile. RBC limits the amount of risk a company can take. It requires a company with a higher amount of risk to hold a higher amount of capital.

What is the RBC women in Leadership Program?

To assist in the development and advancement of women across the Office of the CFO, CAO and Internal Audit into new learning and leadership opportunities. To inspire, challenge and enable all RBC employees to engage in gender equity issues and champion the advancement of women.

Why is diversity and inclusion important to RBC?

Diversity and inclusion is an engine for innovation and economic prosperity. By actively using our diversity, we better develop ideas and people. RBCers believe in the power of inclusion and a commitment to making a difference in the communities we serve.