ME Bank Reviews

3.2

50% would recommend to a friend

(184 total reviews)

35% positive business outlook

ME Bank has an employee rating of 3.2 out of 5 stars, based on 184 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ME Bank 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

184 reviews
1.0
5 Oct 2016

Toxic

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The comraderie between burnt out, miserable employees was quite eye opening. The people are genuine and friendly.

Cons

Long term employees seem to now be immune to the bully-boy tactics of senior management and executives. It's a culture of blame. The autocratic management approach is to divide and conquer. Some senior leadership are incompetent and lack self- and interpersonal awareness. Marketing drive the strategy b/c the head of customer experience runs rings around the CEO, but there is no support for sales and service to bring the brand to life in customer interaction - there's a huge disconnect between the brand and values out in the market and how it is lived internally.

1.0
18 June 2018

Toxic, almost Gilead

Recommend
CEO approval
Business outlook

Pros

Location, views, branding, proximity to station

Cons

Where do I start. I’ve never worked in a more backwards, backstabby, second-guessing, suspicious organization in my life. Senior leadership are a mess, the company lacks direction and the conviction to take direction anyway, and lacks everything required to some day deliver something. A culture of fear perpetratored by under qualified and overworked middle managers cultivates almost nothing in terms of real achievement. I resigned without a job to go to and I couldn’t have been happier.

avatar
ME Bank Response
7y
Hey there, thanks for the feedback. We do have some of the best views in the CBD, being right above Melbourne Central Station really is a great location. Thank you for taking the time to pass on your comments around senior leadership and middle management. That certainly is not the culture we’re aiming for so we’ll pass your comments on to the leadership team for future focus areas. Thanks, Scott
1.0
3 Nov 2017
Recommend
CEO approval
Business outlook

Pros

Great location, friendly people who like to have fun while they work. More branded shirts than you know what to do with. Great fun at monthly drinks hosted with a theme, to help us all connect.

Cons

The place is rife with nepotism and inept leaders who are focussed on their own agendas that they are failing to lead the bank. The constant turnover of leaders - from Executive level down - leaves the place in a constant state of churn, and lack of progress. The group are so focussed on brand they seem to forget that there needs to be something of substance behind all the cute communications. Hierarchical approach leaves most employees out of the loop. Appears to be a strong focus on communication, but really it is spin-doctoring: They are not interested in listening to the insights of employees. There is a small group of ‘chosen few’ who can do no wrong, undermine those they don’t like, and make a large group of people act in fear of retribution. They talk a lot about the importance of relationships, which is code for over-inflated ego’s that need to be stroked.

avatar
ME Bank Response
8y
Thanks for providing such detailed feedback on many areas ME could improve. There’s lots to cover there so I will be passing it onto the brand team as well as the LT. We are growing and always looking for the ways we can improve not just the culture but the strategic direction of the bank so it’s appreciated. Glad you enjoyed our monthly mixers, they really are a great way for all people across the bank to come together and connect and nice to hear you have a great swag of T-shirts too. Thanks, Scott.
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Glassdoor has 202 ME Bank reviews submitted anonymously by ME Bank employees. Read employee reviews and ratings on Glassdoor to decide if ME Bank is right for you.