National Australia Bank

  www.nab.com.au
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National Australia Bank Reviews

Updated Jul 3, 2014

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All Employees Current Employees Only

3.2 103 reviews

80% Approve of the CEO

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Cameron A. Clyne

(51 ratings)

60% of employees recommend this company to a friend

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 14 reviews)

  • Extremely flexible working for the perms, You can have some strong leaders and great people - just depends on the department (in 7 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  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)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
26 Employee Reviews Back to all reviews
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    Okay

    Anonymous Employee (Former Employee)

    ProsGreat Money, fun people, alright place to work

    ConsWorking in the Collections Department

    Advice to Senior ManagementHave more Tech ready

    • Approves of CEO

    1 person found this helpful  

    Grateful for my time there, but that doesn't mean I enjoyed it.

    Associate - Business Banking (Former Employee) Melbourne (Australia)

    ProsGiven lots of opportunity to move into different roles and departments. Many areas to explore.

    ConsSome teams can be toxic. Politics, bureaucracy...the usual large corporation stuff.

    Yes, I would recommend this company to a friend

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

    1 person found this helpful  

    ANZ, Westpac or CBA would be better!

    Anonymous Employee (Former Employee) Sydney (Australia)

    ProsCan be a great place to work depending on the area of the bank. Moving within the bank is encouraged.

    ConsGenerally an older, stale culture (although efforts are being made to change this). Stay away from business banking unless you want to be over stressed and under appreciated!

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

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Feel good if you are expats but if you are a local...

    Anonymous Employee (Current Employee)

    ProsEmphasize work-life balance, relatively good staff benefit compare to other banks in HK

    ConsOnly offer a few perm posts and tends to hire contractors only. Hard to find opportunities for career advancement if you are not expats .

    Advice to Senior ManagementSpending more money on training internal staff can be a good long term investment than just spending huge amount of money paying to external vendors while only getting a poor service at the end.

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

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

     

    All depends on who you work for

    Anonymous Employee (Former Employee)

    ProsSome pockets with earnest, decent, smart hardworking ppl and great leadership. Good development programs especially for those on the "talent" list. Opportunities to move around and build a career

    ConsSome areas mediocre and / or overly political ( eg not meritocratic, lack of accountability, culture of sugar coating rather than saying it like it is, style over substance ), certain leaders poor at both strategy and execution - eg programs trying to encompass too much without clear focus, hiring unsuited consultants. All depends where you are.

    Yes, I would recommend this company to a friend

    2 people found this helpful  

    Neutral. Poor culture currently

    Anonymous Employee (Current Employee)

    ProsGood people in organisation but restructures seem to be taking away from culture and people.

    ConsLeadership and strategy changing currently

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

    1 person found this helpful  

    Culture needs to improve

    Anonymous Employee (Former Employee)

    ProsLots of opportunity to do interesting and challenging work. Team is bright and professional.

    ConsThere is a lack of team spirit. It sounds cliched, but there is a lot of us vs them feeling, accentuated in my team because it was split between melbourne and sydney.

    Advice to Senior ManagementHollow marketing slogans is not going to get people motivated beyond the salary, need to really invest time and money in building the team vibe.

    Yes, I would recommend this company to a friend

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

     

    Good intentions. Poor execution

    Portfolio Risk Analyst (Current Employee) Melbourne (Australia)

    ProsPays relatively well. Surrounded by talented people who can help personal development.

    ConsPoor leadership and obvious favouritism

    Yes, I would recommend this company to a friend

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

     

    Good benefits, but employee satisfaction going backwards

    SERVICE ADVISOR (Current Employee) Melbourne (Australia)

    ProsThere are some fantastic benefits to working for the NAB, including remuneration, location, flexible hours and reward and recognition programs. In particular, career progression opportunities are high.

    ConsThey used to have a fantastic culture with fantastic employees. However, recently there have been a lot of changes to the way the business operates including 'up skilling' employees. They are trying to have everyone in the call center know everything there is to know but this is just not feasible. It is causing an abundance of mistakes by operators and added pressure on everyone else to fix the problems that other employees have made. People upskill for the added salary far too quickly and don't get enough time to hone their skills.

    Advice to Senior ManagementGo back to having people that are specialists in one particular area- or force the employee to stay on one skill for a minimum of six months before allowing them to upskill. Many capable and valuable employees have been lost because of the pressure to upskill. Causing them to quit due to the stress or being fired because they were not yet ready to move up is not creating a high performing culture.

    Yes, I would recommend this company to a friend

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

    1 person found this helpful  

    A lot of learning's in a small period.

    Senior Project Analyst (Former Employee) Melbourne (Australia)

    Prosworklife balance
    discounted financial products
    volunteer leave
    Great people to work with

    ConsAverage pay (below average if you are promoted internally)
    No value for professional qualification (except finance and technology)
    too many restructures

    Advice to Senior ManagementStop restructuring.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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