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RBC Global Asset Management Recognized for Workplace Excellence

RBC Global Asset Management (U.S.) continues to shine in the financial sector by being highlighted again in 2024 as one of the best places to work in money management. This recognition came from Pensions & Investments, a well-respected authority in the financial landscape. The honor reflects RBC GAM's ongoing commitment to creating an inclusive workplace where employees feel valued and empowered.

This distinction, awarded for the second consecutive year, showcases the firm’s persistent efforts to cultivate a welcoming and engaging work culture. Donald Sanya, the CEO of RBC Global Asset Management (U.S.), emphasized that this achievement underscores the dedication of each employee and the robust support systems in place. He stated that the recognition confirms their cultural ethos and the strong initiatives that contribute to employee satisfaction and morale.

RBC GAM has established various programs aimed at building a community-oriented workplace. From social events to volunteer initiatives championed by the Diversity, Equity, and Inclusion (DEI) committee, the firm goes above and beyond to promote a vibrant working atmosphere. The commitment to making a positive impact, not only for clients but also in the communities they serve, sets RBC GAM apart as an employer of choice in the finance industry.

The methodology behind the rankings involved a detailed examination via a two-part survey facilitated by Pensions & Investments in partnership with Workforce Research Group. The first part of the evaluation accounted for around 25% of the overall score, focusing on workplace policies, demographic practices, and available resources. The bulk of the assessment—75%—was determined based on direct feedback from employees regarding their workplace experiences.

This recognition places RBC Global Asset Management alongside other prestigious firms noted for their outstanding work environments. Employees reported high levels of satisfaction, noting the supportive leadership, career development opportunities, and work-life balance as significant contributors to their positive experiences at the company.

RBC Global Asset Management operates under the umbrella of the Royal Bank of Canada, which stands as the largest bank in Canada and ranks among the biggest globally in market capitalization. Their asset management division includes notable money managers like BlueBay and Phillips, Hager & North Investment Management.

The company, managing over $503 billion USD in assets, serves a wide array of clients, including institutions and individual investors. The continuous efforts to enhance their workplace culture reflect a broader goal of aligning employee engagement with exceptional client service, ensuring that both employees and clients benefit from their progressive practices.

Ultimately, the accolade is not just a badge of honor for RBC GAM but also a reflection of a broader commitment to advancing inclusivity and diversity in the finance sector. By fostering an environment where every employee can thrive, RBC GAM not only reinforces its internal workplace culture but also enhances its reputation within the global financial services arena.

To delve deeper into the 2024 Best Places to Work in Money Management winners and the esteemed profiles, interested readers can visit the Pensions & Investments website for further insights.