Suncorp Group Reviews

Pros

Good culture, generally good leadership, flexibility, good people

Cons

Annual restructures are disruptive personally and professionally. Benefits aren't great and Parental leave is not competitive in market. Pay is middle to low end of market.

Pros

Workload considered less than Major Banks

Cons

Constant restructuring, no strategic direction and siloed business units - left hand doesn't know what the right hand is doing. Credit policies not worth referencing as credit make up what they require as they go anyway.

Pros

Flexibility. Pay is within average market rate for similar companies. Majority of Staff support good culture and are here for the customer. Generally, a Happy Place

Cons

Company has lost its way and is having an identity crisis. SLT have ideas of what we want to be but no idea how to get there. Not since the Snowball years has the company had a clear purpose that engaged staff to be a Great Insurer and a Great Bank with a clear roadmap. The strategy is full of ideas but no clear path to guide staff on the how. Too many projects that fall apart or fail and add no value. The distance between SLT and staff is greater than it ever was. Newer SLT here for the gig then onto the next best thing and don’t seem to have a connection with staff. Some great leaders and great staff that support a positive culture and doing what is best for the customer, however not always mirrored at higher levels

Pros

Culture is good. Good middle and upper middle management Progress upwards possible Lots of high tenured staff around

Cons

Pay is really not competitive compared to others in the industry or even similar roles in different industries Too much change occuring over last few years - business operations is a project that never ends, not giving the time for those in front line to actually do what they are supposed to Burn outs occuring all over the business Bonus structure is not worth mentioning No pay increases since COVID for L4's and above Company has become its shareholders piggy bank

Pros

Just a big company to be added in your resume. The market values that you have worked there.

Cons

Lack of Career development. They have a tool to keep you “motivated” and working towards their goals, but lack of support to make you grow, and compensate by your growth - even worse, salaries are out of date comparing to the market. I’ve just opened to new opportunities recently and noticed the huge gap to what the market is offering. I’ve heard so many employees saying that you need to leave suncorp to get a pay raise, and now I understand it The company loses great talent by not supporting or valuing them. Women are hired to grow their numbers for a gender equality numbers, but later women are the highest number of employee made refunds - where were their career development?

Pros

Supportive culture from team and managers

Cons

Pay is not competitive in comparison to other company's (15K less than industry role)