AMP Limited Reviews

Updated September 17, 2014
Updated September 17, 2014
33 Reviews
3.3
33 Reviews
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AMP Limited Chief Executive Officer and Managing Director Craig Meller
Craig Meller
3 Ratings

Employee Reviews

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  1.  

    Great

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at AMP Limited

    Pros

    It's a great company to work for, they believe in all the right things. The benefits are great and they are really flexible with adding family memebers.

    Cons

    The training is rough and the hours are long. It is hard to have a family and also work here.

  2.  

    Good 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 AMP Limited

    Pros

    Good projects, supportive colleagues and management. Great location in circular quay.

    Cons

    Getting things done in a big company - sometimes it's inefficient and politics gets in the way of the right outcome.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    working condition

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

    I have been working at AMP Limited as a contractor for more than a year

    Pros

    good working spirit in the company

    Cons

    too much work sometimes and have to work long hours.
    high pressure at work

    Advice to ManagementAdvice

    should have work life balance for staff.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Very friendly.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AMP Limited

    Pros

    Helpful colleagues, good work-life balance.

    Cons

    Inefficiency associated with large companies.

    Advice to ManagementAdvice

    Ambitious

  6.  

    There were good times, however the glory days are over...

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

    I worked at AMP Limited as a contractor for more than a year

    Pros

    Great culture. You got to work with some folks that know their stuff. Before the IT contractor (and now permanent) cull, projects were flourishing and there was a lot of work about. Always celebrated project success, which was nice.

    Cons

    You had to work hard, and sometimes long hours. There were many that seemed to get away with doing the absolute minimum. It's was heavy on your calendar for meeting invites, but that also had a lot to do with the role / project you were involved in. Head of Technology tended to take a lot of credit for the hard work of their subordinates, and used it for their own progression.

    Advice to ManagementAdvice

    Actively share the credit of success with the wider team, rather than just saying it once a month at team drinks.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Horizons Academy Employees are in a bad situation

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

    I worked at AMP Limited as a contractor for less than a year

    Pros

    Good coffee machine and nicely designed work environment in most buildings. Middle management is reasonable, motivating, and pretty good in day to day interactions. Seriously excellent employee training - the best I've ever had. On the surface, it's a great company to work for with a lot of motivation, strong team bonds, etc.

    Cons

    The Horizons Academy program contract places employees in a dangerous situation, so be smart; there are safer ways to get into Financial Planning. There is a lot of hype around the program, so beware and be skeptical. The program has a low overall success rate from recruitment to placement, so don't back yourself out of optimism alone. Firstly, you won't know what the job is like until you're on the floor doing it, and the contract only allows you to pull out long before you actually get on the floor - forget work-life balance or even compensation for most work-related expenses. Secondly, the opportunities at the end of the tunnel are, objectively for the average Horizons Academy graduate, nowhere near as awesome as you will be led to believe during the training process. Peers who successfully got contracts were generally dissatisfied with what they were able to negotiate. Finally, the contract has a clause about paying back training costs if it doesn't work out. Many of us felt trapped in the job with significant financial penalties for leaving. Also, just in case anyone brushes that clause off telling you that AMP won't go after you if you leave - AMP has gone after multiple people who left the Horizons program for training costs, even when those people left Financial Planning, and in one instance I heard about, even when they didn't choose to leave the program, but were fired by AMP.

    Advice to ManagementAdvice

    In general, AMP recruited some people into these roles, the middle management is sound. You do psychometric testing to see if we'll right for the job... so I find it hard to believe that so many of us are failures unless the problem lies largely within the structure of the program itself and AMP's behavior towards these recruits.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Company review

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

    I worked at AMP Limited full-time for more than 3 years

    Pros

    Great people interesting work good training and development programmes

    Cons

    Large org can be burdened with red tape, too Sydney centric

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Wonderful 3 years at AMP until AXA integration negatively changed the culture and values of the business.

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

    I worked at AMP Limited

    Pros

    Bonuses if you are in sales team

    Cons

    Bad Culture
    Formal complaint process is a joke.
    Consistent restructures.
    1% pay rises.

    Advice to ManagementAdvice

    reconsider business strategy and who you hire as leaders. terrible working environment.
    Staff retention low
    Reputation going downhill.
    Take formal staff complaints seriously.
    Stop hr protecting managers and acknowledge issues.
    Stop being bullies

  10. 1 person found this helpful  

    Nice location, very corporate centric.

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

    I worked at AMP Limited full-time for more than a year

    Pros

    They are not blind to employee benefits and every now and then there are outings and informal gatherings.

    Cons

    Still heavy in office politics but where is there none of this?

    Advice to ManagementAdvice

    The dynamics of the office culture is changing rapidly- if you dont look to innovate, you will be swamped and be swept into a change against your will.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    A great place to work as a BA contractor

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

    I worked at AMP Limited as a contractor for more than a year

    Pros

    Good rates, mostly very professional people with a lot of experience and knowledge, good company culture, flexible hours and ability to work from home if necessary. People mostly positive and helpful though there are exceptions as everywhere. In general, a great company to work for. It's a pity they move IT to Sydney.
    Great community events, seminars for employees, etc.

    Cons

    Huge business, complex matrix of products and stakeholders, spread across multiple offices/cities that make it harder to communicate, some IT teams/ people are overloaded with multiple projects

    Advice to ManagementAdvice

    Leave some IT support and projects in Melbourne as platforms business units are still there and it make it easier to support them with IT people in the same office/city

    Recommends
    Negative Outlook
    Approves of CEO

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