Commonwealth Bank of Australia

www.commbank.com.au

Commonwealth Bank of Australia Reviews

Updated January 26, 2015
Updated January 26, 2015
171 Reviews
3.6
171 Reviews
Rating Trends

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Commonwealth Bank of Australia CEO & Managing Director Ian Narev
Ian Narev
85 Ratings

Review Highlights

Pros
  • Work life balance is fair for project work with option of time in lieu for weekend work (in 23 reviews)

  • Good culture of promoting within and the opportunities are there (in 10 reviews)


Cons
  • Still lots of red tape (but less than other Aussie banks out there) (in 9 reviews)

  • Work life balance is not good, generally long hours expected (in 5 reviews)

More Highlights

12 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Below Average

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    Decent people, nice office and social.

    Cons

    Management 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 ManagementAdvice

    Make a real investment in the U.S. Get rid of the dead weight and straighten out your compensation structure.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    HR support lacking and there for legal reasons only

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

    I have been working at Commonwealth Bank of Australia

    Pros

    Salary competitive
    Activity based working

    Cons

    Management are afraid to put things in writing.

    Advice to ManagementAdvice

    Say what you believe and actions will be aligned

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    started ok but then politics began

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

    I worked at Commonwealth Bank of Australia full-time (less than a year)

    Pros

    looks good on cv. not too long hours. big company so always some good people around.

    Cons

    internal teams compete for resources. outcomes not looked at. just who you are friends with. middle mgt is up themselves

    Advice to ManagementAdvice

    sort out middle mgt. they are not interested in what is best for company

    Doesn't Recommend
    Positive Outlook
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  5.  

    NIL

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    Used to be a peaceful place

    Cons

    with Overseas Reporting line, discussions are made difficult. Phone discussions are not as appropriate as face-to-face discussions.

    Advice to ManagementAdvice

    NIL

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    A good few years, shame on change of managment

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

    I worked at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    Large company, good chance of internal moves. Dealing with new technology. Good experience working in a real time 24/7 environment where seconds of downtime matter

    Cons

    Had no real issues, until I asked for flexible working conditions. With a change of management this was rejected even though the former managers would of been happy. My particular job went down hill from here suddenly receiving a terrible performance review from a manager that had only been in the job for two months. No support in the company for issues with management other then gong to the next level of management who just weren't interested in HR issues. After 4 years of good service I ended up resigning, with not even a 'thanks for your time' from my manager or manager once removed.

    Advice to ManagementAdvice

    Senior management need to think twice about who they put in charge of teams and what their people skills are like. I was in a critical role performing my job happily and in a few months hated working there and was basically "managed" out of the position with unfair performance reviews and an aggressive manager who has that entire team on the edge of going down the same path. If someone raises a workplace grievance maybe take it seriously?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Commonwealth Bank of Australia Response

    Jan 4, 2015Employer Brand Specialist

    Thank you for your feedback. At CommBank, we are working towards enabling more employees to work flexibly and we are sorry that your experience did not reflect our efforts. We will pass on your ... More

  7. 3 people found this helpful  

    Not the place if you want to be part of a team

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

    I have been working at Commonwealth Bank of Australia as a contractor (less than a year)

    Pros

    Great modern office, salary that meets the market and good work-life balance

    Cons

    Hellish when I started as getting access takes weeks. Nobody to brief you about the team, what they do, what will your role be in the team. This demotivated me a lot as I sat in meetings and everything flew over the head. I didn't had any sort of context. Everybody looks busy and acts not approachable. I was not put on any active project to work with wider team and learn more. Had to learn out-dated tech as CBA internally uses old OSes. I started on fixed term agreement for 6 months and mostly just sat twiddling my thumbs (not literally)

    Advice to ManagementAdvice

    If a team can't find time to induct a new member into the team properly, they shouldn't be hiring. I said no to a lead front end dev role and joined CBA even they it was not permanent thinking I'll have lots to learn and it'll be a it will be great to be a part of the group that has done so many innovations in the banking industry. Now, I don't like what I learnt and I've never felt I'm part of it. I'm depressed when I'm into any general meetings as I feel I'm the only one who is doing nothing. I have stopped speaking to people because I'm afraid they might ask what I do and I've nothing to say.

    Doesn't Recommend
    Approves of CEO
  8.  

    Bad place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia

    Pros

    Nothing to say about any good things.
    Proximity

    Cons

    Heavy workload
    Poor pay
    Lowest pay compared to other banks

  9.  

    Too corporate etc etc etc

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia as an intern (less than a year)

    Pros

    Far reaching benefits under CBA

    Cons

    Too corporate for my liking

    Advice to ManagementAdvice

    Treat people as people

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Credit analyst

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

    I have been working at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    not enough gd reasons to say

    Cons

    hard work not being recognise
    expect to work like a machine

    Advice to ManagementAdvice

    give opportunity to staffs

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    labour sweat shop...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - New Business Call Centre in Sydney (Australia)
    Former Employee - New Business Call Centre in Sydney (Australia)

    I worked at Commonwealth Bank of Australia

    Pros

    good pay, shares given to employees every year

    Cons

    worked 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 ManagementAdvice

    promote employees who work hard and stop hiring externally for management roles!

    Doesn't Recommend
    Disapproves of CEO

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