Royal Bank (IL) Reviews

High turn over. This bank creates silly reasons to push employees out. Too many reasons to name, but the one that many employees weren’t happy about is the recent policy, that you must have an account at this bank to get your bonus or raise. The bank refuses to deposit your bonus or even get a raise if you do not have an account at this bank. There was a huge project in December around Christmas time and the bank president specifically stated everyone involved would receive a bonus. Employees changed their Christmas plans, had to make babysitting arrangements and lost precious time with family during the Christmas holiday. Employees had to work 80+/week the week of Christmas and the week after Christmas. After it was done, the President sent an email stating no one gets the bonus unless you have a bank account at Royal Bank. People that did not have an account, lost their bonus. From what I heard, some employees did not receive the bonus. This new policy was told to employees after the project was completed. That was very underhanded for the president to do, considering many employees changed plans during a big holiday. Many employees were forced to open an account just to get the bonus. A current employee told me that the President wrote an email stating it was unacceptable to open a bank account for the sole purpose of receiving the bonus, then leaving 1.00 in the account. I guess we can’t even spend our own money. He also noted that all paychecks should be deposited into a Royal Bank account and NO other bank.

Awful place to work, awful management. There's no type of leadership here, just greed and selfishness. There's one particular person in the entire company that everyone seems to have a problem with but upper management fails to identify any type of issues even when they are presented in front of their face. They put the blame back on the employees lower on the totem pole. They work you long hours and then give you more work on top of that. Stay away at all costs, don't let the pay sway you in the direction to work here. Turnover rate is awful, employees are unhappy, customers are unhappy, not sure how this place continues to function. Find yourself a nice job with nice people. Royal Bank is definitely not that.