MLC

  www.mlc.com.au
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3.2 14 reviews

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

     

    Senior Underwriter

    Senior Underwriter (Current Employee) Melbourne (Australia)

    ProsFlexible working conditions, working from home option, monthly ADO, really good managers, there was a lot of restructuring last year and staff were worried about their job security but this is all sorted out and there is a really positive culture now, brand new NAB building must be the best venue to work in the world!

    ConsWell below market pay is a common complaint and there is not much concern from management to address this, also MLC does not have a built in automatic annual CPI increase as other companies do therefore I lose 3% of my salary every year.

    Advice to Senior ManagementPay more.

    Yes, I would 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

     

    Great place to work

    Customer Service (Current Employee) Melbourne (Australia)

    ProsGood atmosphere and management. Lot of flexibility and work life balance at call centre, including RDOs. Lots os coaching, which is typical at call centers. Induction is also good and fun. They are not too old school, they are modern and have an open culture.

    ConsHad to be stuck there for 1.5 years before being allowed for internal promotions or other roles.

    Advice to Senior ManagementKeep up the close knit team atmosphere. Get rid of the 1.5year rule.

    Yes, I would 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

     

    Big Corporate but caring culture

    Anonymous Employee (Current Employee)

    Prosbanking and financial benefits are good.

    ConsBig corporate that sometimes feels disconnected from reality in its goals.

    Yes, I would recommend this company to a friend

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

     

    So far so good

    Senior AP (Current Employee) North Sydney (Australia)

    ProsCompany offers work life balance

    ConsCareer opportunities are not great

    Advice to Senior ManagementThey know it better

    Yes, I would recommend this company to a friend

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

     

    Overall good, though I was there during the GFC

    Project Manager (Former Employee) North Sydney (Australia)

    ProsGood work life balance
    Interesting work and ability to work on a variety of projects
    Good professional people
    Management was competent for the most part

    ConsSalary review process was poor in that MLC people were reviewed with nab people and you were bell curved in a large group by managers who did not know your work.
    Full time PMs did not have much over contractors. Permanent PMs were given 2-3 months to find a new project (there was no bench) and then they were retrenched. If you can, become a contractor, then you will earn more money.
    Slow moving but they are a large company.
    They are outsourcing more of the back office to India.
    If you are in IT be a little wary because ultimately the senior management wants to outsource all of IT. They could if they would.

    Advice to Senior ManagementNothing much to say, I think they are reasonably well run for a large bank. I would focus on the strategy, correctly answering what should the bank look like in 10-15 years to be successful is critical.

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