Recognized as one of Canada's Top 100 Employers (2016)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 8, 2015)
Here are some of the reasons why RBC was selected as one of Canada's Top 100 Employers (2016) :
Here are some of the reasons why RBC was selected as one of Canada's Top 100 Employers (2016):
- RBC manages an in-house wellness program called "Living Well" to encourage employees to adopt healthy lifestyles -- through the program, the bank rewards healthy behaviour with credits for a personal Wellness Account, which can be used for wellness-related expenses such as gym memberships and weight-loss programs
- As one of the country's most successful financial institutions, RBC offers all employees the attractive benefit of becoming an owner through a share purchase plan -- the bank also offers a variety of additional financial benefits including a defined contribution pension plan, matching RSP contributions, referral bonuses for employees who successfully refer a candidate (to $5,000) and a range of discounted banking services, from fees to mortgage rates
- RBC supports it new moms with maternity leave top-up payments (to 100% of salary for 6 weeks) as well as offering an academic scholarship program for employees with older kids who are pursuing post-secondary studies, up to $2,500 per child
For RBC employees, three simple words say it all
RBC uses three very straightforward, yet meaningful, words to highlight its relationship with its employees: Career, Community and Connection.
And as Canada's biggest bank and one of its largest employers, it can deliver on these three pillars like few other companies can.
"It's a very large organization but when you get connected, it can feel like a village," says Jenny Poulos, Senior Vice-President, Personal and Commercial Banking Human Resources and RBC Recruitment.
In fact, whatever you want to do at RBC in terms of your career, involvement in the community, or connecting with fellow employees, there's bound to be a program or support for you. "The flexibility and options that RBC offers are vast," agrees Poulos.
Just ask Dana Drover, who became the manager of a leading RBC branch in downtown St. John's, Newfoundland, only five years after joining the bank straight out of university. "They set people up for success right from the get-go," she says.
With a BA in English, Drover started at the bank in 2009 as a client advisor, or teller. Supported by training, coaching and development programs, she moved through a series of roles, including banking advisor and financial advisor, before being named manager of the Aberdeen Avenue branch last year. Drover says her branch area's combination of business clients and young professionals makes it one of the fastest growing market opportunities in Atlantic Canada.
Which makes her rise all the more impressive. "It was pretty fast, but more and more you see that happening," Drover says. "People are moving through the continuum of their training at a quicker pace. It speaks to how supported they feel and how RBC enables individuals to reach their career potential."
So tick "Career", as Drover continues to discuss her path for growth with her current mentors and coaches. What about "Connection"?
As a member of the screen-savvy millennial generation, Drover embraces RBC Connect, the bank's internal social networking and collaboration platform for employees to interact online, whether locally or globally. She is also a member of the NextGen employee resource group, where she can reach out to her peers under 40 for mentorship or coaching, again often electronically. "I feel very well connected," says Drover.
As for "Community", Drover notes that "not a week goes by where there's not something posted on Connect" about a Newfoundland and Labrador RBC branch doing something in the community. Her team supports several local causes including the Janeway Children's Health and Rehabilitation Centre. "Throughout the year, we're fundraising at the branch, and then we join in the annual Janeway telethon to present our donation and help answer the phones," she says.
To Poulos, Drover's experiences are replicated across the bank. "This is where you see the energy of RBC come alive," she says. "There is a collective sense that working for RBC is about making a difference. You see that your contributions matter, and people feel proud to do what they do for clients and communities and each other. That runs right through the organization."
In terms of growth, Drover may one day be able to participate in two relatively new initiatives that Poulos is a proponent of. Women in Leadership is designed to develop high-potential, non-executive women from across the bank by mentoring them and assessing the opportunities and experience they need to move up. Meanwhile, the Executive Women's Peer Network brings together women in more senior roles for learning and networking.
This article appeared in the magazine announcing this year's Canada's Top 100 Employers winners, published November 9, 2015 in The Globe and Mail. This article was prepared with the financial support of the employer, which did not write or edit its contents.