Bank Australia Reviews

3.0

46% would recommend to a friend

(58 total reviews)

43% positive business outlook

Bank Australia has an employee rating of 3.0 out of 5 stars, based on 58 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Bank Australia employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

58 reviews
2.0
21 Aug 2018
Recommend
CEO approval
Business outlook

Pros

The team are all lovely, customers are great too and the purpose and values of the organisation meant a lot to me personally - I care about disability and homelessness and I felt like the organisation met these interests well. Work life balance was fair too. I also like how customer focused the organisation was...but it was all not enough because they just don't care about their staff!

Cons

Unfortunately the bank doesnt follow through on its values for staff. The pay is terrible - literally earning $30 000 less than in a comparable role at another organisation. This is not made up for my bonuses or other conditions. The bank don't even pay for staff Christmas parties, events, going away presents or birthdays. So you feel like your constantly chipping in to cover team events, to buy cake for birthdays, christmas and so on when you already are struggling with a sub-par salary. I found it really hard to justify this spending. And to top it all off, no payrises EVER, even if you are a high performer. There's not much career progression either, but I think that would be less of an issue if there were fair salaries and regular payrises that matched people's contribution and productivity. Execs and senior managers are paid well though, but more middle management tier staff can really get stuck on crappy pay, which is why I left.

3.0
3 July 2020
Recommend
CEO approval
Business outlook

Pros

Great culture - everyone is lovely Reasonably approachable management Love the values of the org and ethical approach Very good work life balance People with kids are well accomodated

Cons

Very hierarchical The management is a bit ‘old school’ and not keen on new ideas - they desperately need some younger people on their Board and/or Executive team They struggle to hang on to real superstar high performers for longer than a year or two because the structures to support/develop/train/mentor such staff really isn’t there Definitely not a place where it’s easy to go outside your job description eg you get told to get back in your box As a female, I felt the org did not see me as equivalent to my male peers and I know my salary was also lower than my male peers which I found really demoralising Overall I felt like I wasn’t taken seriously by management given my age (early 30s) and gender- as I said it's pretty 'old school' Reasonable work hours are great but there isn’t much opportunity for people who want to go the extra mile

2.0
24 Sept 2023

Good for the community, bad for the staff

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Everything they say about being a bank that invests in good, is true and they are very careful not the greenwash. They do comply with responsible banking practices, meaning that people with home loans adjust well as cost of living goes up. The community grants program is really wonderful and the bank is climate active certified. They also own large conservation reserve and fund amazing things there. Lost of amazing values driven people are attracted to working there but enter in at low level jobs. WFH 2 days.

Cons

Progression and development are all talk. The highest tiers of management are so out of touch and majority are deeply racist - the head office is culturally unsafe as a person of colour. If you want to put in a complaint, head people and culture is a racist. Branch staff are also isolated by the business and as front line workers, they are often the whipping posts for the bank with minimum wage as compensation for the abuse. If you work hard, don't complain or ruffle feathers and are good at following policy, you will go far. If you raise issues of racism, gender pay gap, mental health and abuse from customers, complain about being over worked - expect to be forced out. They will not fire you, they will make you quit. All while promoting the most toxic people. Staff turnover in the customer service space is HIGH. Most people last a year at most.

Viewing 1 - 3 of 58 Reviews

Glassdoor has 63 Bank Australia reviews submitted anonymously by Bank Australia employees. Read employee reviews and ratings on Glassdoor to decide if Bank Australia is right for you.