Rathbones Reviews

The firm is undergoing a lot of change and will have to undergo a lot more over the coming years if it is to maintain its current status. This will be a challenge as the critical mass of people do not understand this is necessary or have any idea how to address this. I worked in the IT arena, which is also undergoing a lot of necessary change. H However, after 2 years or so, this work is getting muddled and has lost sight of the original objectives. Projects are running late or not delivering and the alignment to business need becoming a distance hazy fudge. There is confusion between "IT is really a business support function" and "let's do techy stuff we think is cool" - maybe the result of an IT leadership group that is decent at technology but not so good at business enablement (the difference between a CTO & a CIO??). As business leaders increasingly recognise this, it will put increasing pressure on the IT leadership and this will lead to more pressure on IT staff. Thus, if you are considering an IT role - do your due diligence or be ready to tough it out. If you are considering a role anywhere else, then just be ready to be a bit patient about current process and ability of IT to support you.

Since the acquiring of Investec IW&I Rathbones have drastically gone down hill. Valuable, knowledgeable and existing Rathbones staff have been pushed out. There are increasing resignations. Perks and benefits have been removed. Pay and pay rises are beyond poor and bonuses have always been extremely poor and not inline with competitors. Moral is at a all time low. People are constantly worried for their jobs. Incompetent and in experienced people are now in the more senior roles. Staff are not recognised, appreciated or rewarded unless in much senior roles. Career progression opportunities have been removed for many. They seem to want to push experienced staff out and replace them with cheap alternatives such as centralised administration and AI. Terrible place to work.