Commonwealth Bank of Australia

  www.commbank.com.au
Work in HR? Unlock Free Profile

Commonwealth Bank of Australia Reviews

Updated Jul 9, 2014
All Employees Current Employees Only

3.7 120 reviews

89% Approve of the CEO

Commonwealth Bank of Australia CEO & Managing Director Ian Narev

Ian Narev

(55 ratings)

86% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work life balance, showers available at work and secure bike rack (in 17 reviews)

  • Good culture of promoting within and the opportunities are there (in 8 reviews)


Cons
  • Still lots of red tape (but less than other Aussie banks out there) (in 8 reviews)

  • Although a big advocate of work/life balance, in reality a lot of pressure on IT staff to meet deadlines and work over time (in 4 reviews)

More Highlights
8 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Below Average

    Anonymous Employee (Former Employee)

    ProsDecent people, nice office and social.

    ConsManagement is in Sydney. Anyone that can make things happen sits half way around the world. As a result they have a distorted view of what it really takes to succeed in the U.S.

    Advice to Senior ManagementMake a real investment in the U.S. Get rid of the dead weight and straighten out your compensation structure.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Bad place to work

    Anonymous Employee (Current Employee)

    ProsNothing to say about any good things.
    Proximity

    ConsHeavy workload
    Poor pay
    Lowest pay compared to other banks

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Tough place to work

    Branch Staff (Former Employee) Adelaide (Australia)

    ProsMajority of staff are really nice people most there to work to pay bills and go on holidays few seem to work there because they want a career in banking.

    ConsVery recently I have been aware of branch managers putting unrealistic pressure on young staff ultimately caused them to become ill and suffering stress.
    This is very sad.
    I have also seen older staff pressured to achieve silly sales targets and ultimately suffer ill health.
    This pressuring staff seems to be a deliberate strategy to get rid of staff. The pressure them to either resign or take early retirement using the approach that they somehow let down the team. Pretty poor for long serving staff.
    It must come from the top as it seems to span the whole organisation.

    Advice to Senior ManagementMangers of branches appear pressured by their managers to achieve unrealistic targets. Often their managers appear to have no people skills but think they do. There is zero empathy from managers.
    Senior staff will listen but it's just going through the motions.
    The FSU should pull their socks up.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • No Opinion of CEO

     

    Too corporate etc etc etc

    Anonymous Employee (Former Employee)

    ProsFar reaching benefits under CBA

    ConsToo corporate for my liking

    Advice to Senior ManagementTreat people as people

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Credit analyst

    Credit Analyst (Current Employee) Melbourne (Australia)

    Prosnot enough gd reasons to say

    Conshard work not being recognise
    expect to work like a machine

    Advice to Senior Managementgive opportunity to staffs

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    labour sweat shop...

    New Business Call Centre (Former Employee) Sydney (Australia)

    Prosgood pay, shares given to employees every year

    Consworked hard, lack of promotion or advancement option, once you are in a position they keep you there. lots of red tape and office politics, to get anywhere you need to be extremely friendly with the right people.

    Advice to Senior Managementpromote employees who work hard and stop hiring externally for management roles!

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    CBA Review

    Business Analyst (Former Employee)

    ProsGood people.
    Friendly colleagues.
    Interesting work.
    Challenging projects.
    Fast paced IT environment.
    Opportunity to Network.
    Nice offices
    Ok salary (if working as contractor)

    ConsBackstabbing by colleagues and managers.
    Management don't really listen to you.
    Promotion is based on who you know and who you suck up to.
    Too many layers of management

    Advice to Senior ManagementManagement need to listen to the staff that actually get the work done.
    Also, need to reduce the layers of management

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Lack of vision

    Anonymous Employee (Former Employee) Sydney (Australia)

    ProsNot a lot of pressure, nice people overall.

    ConsLack of vision and market competition

    Advice to Senior ManagementDon' just be satisfied with things the way they are - learn to strive for the future

Worked for Commonwealth Bank of Australia? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.