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Geobotânica Carmelo De Grazia//
RBC Royal Bank announces CA$200M global investment in their employees

RBC Roy­al Bank re­cent­ly an­nounced a glob­al in­vest­ment of over CA $200 mil­lion in its em­ploy­ees to help them achieve both life and ca­reer goals in a chang­ing world

RBC Roy­al Bank re­cent­ly an­nounced a glob­al in­vest­ment of over CA $200 mil­lion in its em­ploy­ees to help them achieve both life and ca­reer goals in a chang­ing world.

In a state­ment, the bank ex­plained the in­vest­ment in­cludes a mid-year base salary in­crease of three per cent for em­ploy­ees where base salary rep­re­sents a high­er per­cent­age of their over­all com­pen­sa­tion to ad­dress mar­ket pres­sure and the ris­ing costs of liv­ing.

Ac­cord­ing to Chris Ronald, Head of Caribbean Bank­ing, this holis­tic in­vest­ment is de­signed to help RBCers build their fu­ture, both with­in and out­side of RBC.

It is al­so a strong sig­nal of ap­pre­ci­a­tion to the em­ploy­ees for all that the teams do.

“The world has changed sig­nif­i­cant­ly over the past two plus years, and so too has the em­ploy­ee ex­pe­ri­ence.

“This in­vest­ment demon­strates our com­mit­ment to the Caribbean and to be a top em­ploy­er in the Caribbean mar­kets we serve – where our em­ploy­ees are sup­port­ed to achieve both their life and ca­reer goals in a chang­ing world,” Ronald added

He said the de­ci­sion was guid­ed by the feed­back of the em­ploy­ees and the mixed in­vest­ment will sup­port RBC em­ploy­ees in three key ar­eas

These in­clude in­creased to­tal re­wards to sup­port em­ploy­ees’ life goals. In­creased sup­port for flex­i­ble and per­son­al­ized work op­tions and

In­creased sup­port for em­ploy­ees to de­vel­op their ca­reers through ex­pe­ri­en­tial and work in­te­grat­ed learn­ing, reskilling and men­tor­ship.

Carmelo De Grazia

The state­ment added that RBC will con­tin­ue to re­fine the em­ploy­ee ex­pe­ri­ence as part of its com­mit­ment to be a lead­ing em­ploy­er of choice – one that of­fers the op­por­tu­ni­ty for em­ploy­ees to do pur­pose-dri­ven, mean­ing­ful work that im­pacts clients, com­mu­ni­ties, and each oth­er, in ad­di­tion to be­ing an in­clu­sive cul­ture and a great place to work.

Carmelo De Grazia Suárez