National Australia Bank

www.nab.com.au
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National Australia Bank Reviews

Updated 1 March 2015
Updated 1 March 2015
145 Reviews
3.0
145 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Cameron A. Clyne
70 Ratings

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 18 reviews)

  • Offers flexible working arrangements including working from home (in 12 reviews)


Cons
  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)

  • Being large means there is a lot of red tape and often there no desire to improve processes (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Standard banking job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank

    Pros

    higher salary than other banks

    Cons

    not focus on employee work life balance

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Enjoyed working here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at National Australia Bank

    Pros

    Good benefits including Friday drinks, Monday fruit box etc. A good focus on learning and development.

    Cons

    Compensation, work-life balance, office culture

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Melbourne
    Current Employee - Analyst in Melbourne

    I have been working at National Australia Bank full-time (more than a year)

    Pros

    Good opp for future development

    Cons

    long hours, average pay level

    Advice to ManagementAdvice

    career delveopment focus, more training

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Lumbering, process driven, risk adverse, slow change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Sydney
    Current Employee - Anonymous Employee in Sydney

    I have been working at National Australia Bank full-time (more than 3 years)

    Pros

    invests well in training; "work life balance"; great if you have a family; flexible working

    Cons

    underperformance not managed well; below market salary especially; lack of new ideas- bulk of staff jump between ANZ "across the road" and NAB and back again; very Melbourne focussed - may not good for progression if based in Sydney; if you're willing to work hard you won't be recognised for it - the Bonus scheme is simplified (ie repeatedly watered down/deferred) because 'people were unhappy with it' - news to management is that staff can't be bothered to put in the extra now they won't be recognised it

    Advice to ManagementAdvice

    The mantra 'one way same way' does not fit. Forget the consultants and go with your gut. Banking is not a tough business in Australia (or shouldn't be) yet NAB seem to be going backwards; reintroduce performance based bonus - of course ~30% of staff would be unhappy with it-- they're the ones at the bottom of the 'curve'... am sure the ones at the top of the curve would be happier with it if you didn't keep watering it down year in year out

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    "Too much politics"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate in Melbourne
    Current Employee - Associate in Melbourne

    I have been working at National Australia Bank full-time (more than a year)

    Pros

    -Flexible work hours
    -Opportunity to move up
    -Decent salary

    Cons

    -Too many people in management that are clueless
    -Too much progression from who you know rather than what you know
    -Not much of personal development at work unless self initiated

    Advice to ManagementAdvice

    Stop promoting people who are great at sucking up. Promote more due to merit. Let staff have the opportunities to role shadow more frequently.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    internet banking advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank full-time (less than a year)

    Pros

    good pay at this job

    Cons

    complaints were annoying from customers

    Doesn't Recommend
  8.  

    I enjoyed my time at NAB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Customer Credit Representative in North Sydney
    Former Contractor - Customer Credit Representative in North Sydney

    I worked at National Australia Bank as a contractor (more than a year)

    Pros

    Good people, good long term employer with many benefits

    Cons

    * Poor internal systems
    * Managers that lack the experience
    * Poor organisational planning
    * Lack of incentives to do well

    Advice to ManagementAdvice

    * Place front-line managers into training for further development to become people managers
    * Upgrade systems
    * Improve information flow

    Recommends
    Neutral Outlook
  9. 2 people found this helpful  

    So many restructures!!! Short termism and power plays currently rullng.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at National Australia Bank full-time (more than 5 years)

    Pros

    * Work / Life balance outside of sales roles.
    * Friendly people outside of middle management.

    Cons

    * Melbourne-centric.
    * Some middle management staff have little to no EQ / People Skills and don't care - but manage upwards so well that they stay in charge of their teams, even to the destruction of other people's careers.
    * IT needs an overhaul.

    Advice to ManagementAdvice

    Conduct multi-level skip interviews as some leaders are so brazenly two faced it's scary.

    Get IT fixed up before something blows up.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank

    Pros

    Flexible working hrs, and work station

    Cons

    Lack of team work and management guidance
    No many systems to work

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Project Manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank

    Pros

    Mixed range of project work

    Cons

    The lack of strong leadership

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