National Australia Bank

www.nab.com.au
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National Australia Bank Reviews

Updated 4 March 2015
Updated 4 March 2015
148 Reviews
3.0
148 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  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)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.  

    Summer analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst in Sydney (Australia)
    Former Employee - Summer Analyst in Sydney (Australia)

    I worked at National Australia Bank

    Pros

    Great people, great balance, great culture

    Cons

    Lack of exposure to large corporate clients

    Recommends
    Positive Outlook
  2.  

    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
  3.  

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Not too recommended to work there!

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Collections Associate in Hobart CBD (Australia)
    Former Employee - Collections Associate in Hobart CBD (Australia)

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

    Pros

    The training I got here was great I actually got to work on the inbound computer system. My collegues were also very friendly!

    Cons

    Management was terrible and did not understand my hard circumstances I was going through at that particular time! I am very disappointed with my manager's toxic treatment especially when I feel it was different than others!

    Advice to ManagementAdvice

    Kindly look after your employees more carefully because they are your real capital for this business!

    Doesn't Recommend
    No opinion of CEO
  6.  

    Lumbering, process driven, risk adverse, slow change

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

    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
  7.  

    Analyst

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

    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
  8. 1 person found this helpful  

    "Too much politics"

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

    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
  9.  

    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
  10.  

    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 (Australia)
    Former Contractor - Customer Credit Representative in North Sydney (Australia)

    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

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