Commonwealth Bank of Australia

  www.commbank.com.au
  www.commbank.com.au

Commonwealth Bank of Australia Reviews

Updated November 4, 2014
Updated November 4, 2014
154 Reviews
3.7
154 Reviews
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Commonwealth Bank of Australia CEO & Managing Director Ian Narev
Ian Narev
75 Ratings

Review Highlights

Pros
  • Work life balance is fair for project work with option of time in lieu for weekend work (in 22 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

74 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    x

    • 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

    Pros

    job security, competitive salary, breadth of work

    Cons

    slow, lack of career development opportunity

    Advice to ManagementAdvice

    x

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 2 people found this helpful  

    OK - but a conservative company

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

    I worked at Commonwealth Bank of Australia full-time (more than an year)

    Pros

    Great employee value proposition matched to a conservative business model

    Cons

    If you're new, be prepared to wait for recongnition and don't expect a change oriented company

    Advice to ManagementAdvice

    Making some of the initiatives real - senior management are adept at playing the game to get results on them

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Customers first

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia

    Pros

    As cba puts customer first you can be sure that at all times you are working for what is important - the customer
    employees are appreciated for what they do and will always be taken care of

    Cons

    Limited options for roles in other countries.

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  5.  

    It was okay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Accountant in Ho Chi Minh City (Vietnam)
    Former Employee - Financial Accountant in Ho Chi Minh City (Vietnam)

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

    Pros

    Nice environment. Managers were very close to employees, and very open to listen to other opinions.

    Cons

    Like any other big organization, CBA had quite strong politics in management level, affecting the working environment and career development of employees.

    Recommends
    Neutral Outlook
  6. 1 person found this helpful  

    Central HR @ Commonwealth Bank

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

    I worked at Commonwealth Bank of Australia full-time (more than 5 years)

    Pros

    Good pay & bonuses with annual pay rises
    Good climate
    Workload manageable
    Good access to training
    Flexible work arrangements possible in many jobs

    Cons

    Many HR projects are shelved midway through - lots of waste in that respect
    Not enough strategic vision and analytical thinking in HR
    Too many restructures in HR, little long term vision
    HR was not strong enough during my time at CBA - more of an add on to exco rather than a driver of the business

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    The best employer I have worked with so far

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Services Administrator in Sydney (Australia)
    Current Employee - Financial Services Administrator in Sydney (Australia)

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

    Pros

    Hard work is rewarded here. I received bonuses, company shares & gift cards & CBA provides flexible working conditions.

    Cons

    The pay was pretty average to begin with but if you work hard and stay long, the bonuses & pay rises can make up for it.

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Good, Bad, Ugly

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

    I worked at Commonwealth Bank of Australia as a contractor (more than an year)

    Pros

    Great projects to work on with reasonable overhead and good support team. BA, Co-ordinators and Engineers are terrific and eas y to get along with plus very capable.

    Cons

    Middle management are very cliquey - if you can ignore their petty foibles and 'old mate' attitude you'll be able to get this done in spite of them.

    Advice to ManagementAdvice

    Get some people skills

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Solution Delivery Manager

    • 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

    Pros

    Great project methodology and emphasis on cutting edge technology (core banking, digital, payments). Calibre of employees are one of the best in Australia. Career progression is clear and rewards are there for people who strive for it. Mature SDLC and project methodology framework. Work life balance is fair for project work with option of time in lieu for weekend work.

    Cons

    Remuneration, especially for those employees who have worked with the organisation for a long time as it is below market rate. Limited scope to move to different departments and to get exposure to diverse projects.Very Australia focused with limited opportunities overseas. Not for people who want to get a global experience.

    Advice to ManagementAdvice

    CBA is a very efficient machine with record profits and high staff moral and customer centric focus. Management needs to consider how they want to grow the organisation for the next generation. Give more scope to move to different division and overseas opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great Place - Low Pay

    • 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

    Pros

    Lovely people excellent systems and good culture

    Cons

    Poor pay compared to other banks, lack of growth opportunity

    Recommends
    Positive Outlook
  11.  

    Excellent people

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

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

    Pros

    The people were excellent. Worked with a fantastic crew following regulatory challenges and made some lifelong friends. Programme sponsors were genuinely engaged and if there were road blocks that needed moving they were moved.

    Cons

    Really just the significant size and structure of the organisation meant that there was a tendency for filtering information on it's way up the food chain. Strong stakeholder relationships and a degree of conviction/self belief worked the key messages through to the decision makers.

    Recommends
    Positive Outlook
    Approves of CEO

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