Rabobank reviews about "pay"

There are far too many unnecessary meetings, with colleagues who tend to be overly opinionated despite often being fairly mediocre. Internal politics dominate, making advancement more about who you know than what you achieve. Middle management adds little value; dozens of so-called tech leads struggle with basic technical tasks yet oversee teams of 20+ FTEs. Career growth is frustratingly slow regardless of performance, hindered by heavy bureaucracy and sluggish processes. HR involvement is excessive, acting more as a barrier than an enabler and stifling opportunities for advancement. Base salaries are unreasonably low, which is especially problematic since banks assess loans on base pay rather than the minimal additional benefits offered. The annual review process is equally disheartening—no matter how hard you work, achieving an “exceptional year” rating is nearly impossible. As a result, most employees are stuck with a standard 2.5% salary increase, which falls far short of inflation. Unsurprisingly, the only real beneficiaries of this system are the banks.

Seniors are frustrating to work with

Pay is low compared to comps

There are no cons... you must live in the Netherlands though

Can be chaotic dealing with other departments

Large company so you’re just another number

Progression within company not always merit based

It feels a bit "strapped" at the moment because of high interest rates..... Being told to do more with less.

Slow pace and things take time to materialize