Based on publicly available sources, working at Royal Bank of Canada (RBC) involves a wide range of compensation levels depending on the role, location, and seniority. Overall, employee ratings give the company a 3.9 out of 5-star rating overall, while compensation and benefits scores sit at 3.6 out of 5. However, specific sentiment around fair pay varies, with a lower Fair Pay score of 2.5 reported in certain datasets.
Salary ranges span significantly across positions. Entry-level or retail roles like Tellers report annual earnings starting around $47,865 (or $23 per hour), while senior leadership positions such as Managing Directors can reach up to $406,660 per year. Employer-provided salary listings reflect broad bands, such as $55K to $90K for certain roles, up to ranges spanning $85K–$145K and $210K–$380K. Location also influences figures; employee-submitted data spans major hubs like Toronto, New York City, Minneapolis, and Malaysia—where compensation and benefits satisfaction peaks slightly higher at 4.1 out of 5 stars.
On the benefits side, RBC offers retirement savings plans, notably including employer-funded defined benefit pension plans designed to secure steady income later in life.
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