Pros
RBS is good at remunerating people, but this can be localised within specific businesses, for example IT pays better than being in Retail banking. The benefits package options are also very advantageous, but for the young and single the offers aren't always as good. RBS has some really good programmes to support employees such as it's Wellbeing programme and in the past has put a lot of effort into listening to it's employees and acting on feedback received in it's annual staff survey. As a large employer there is also scope to move around the Group and try different roles, however cross border/ country opportunities seem to only be open to the most senior of staff.
Cons
The culture in some parts of the group can at times be difficult to reconcile with the image it likes to portray. Bullying doesn't always get addressed and people are actively discouraged to officially report it. Old school chavanism is rife and there are a lot of people trying to justify their existence who can make life hell when you question processes that seem unnecessary. This still happens even though there is a major focus on continuous improvement, probably because people don't move on enough. If your face doesn't fit you won't get anywhere, nor if you stand up and disagree when you think it is necessary or right. Generally senior leadership doesn't like to be challenged and isn't good at dealing with bad news. Overall I'd say the culture is one of JFDI, not the more benign 'Make it Happen'.