Absa Reviews

Updated August 20, 2015
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2.8
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Maria Ramos
4 Ratings

15 Employee Reviews

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  1. Portfolio Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Large client base and because Absa is now part of Barclays, one can leverage of the global Barclays infrastructure and resources. Well known brands

    Cons

    Too many untrained and inexperienced staff. Takes long to get things done. Constant change and staff turnover

    Advice to Management

    Train staff better. Employ managers who have experience in what they are doing. Incentivize staff better


  2. Financial Advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    The training program. The benefits are okay. medical and pension. great learning environment. potential for good commissions after two years

    Cons

    Salary is low. Not enough branches for hired students. Hard work with no commission for two years. Clients don't trust financial advisers the bank so its difficult to get business


  3. Atm custodian at absa

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - ATM Custodian in Worcester, Western Cape (South Africa)
    Former Employee - ATM Custodian in Worcester, Western Cape (South Africa)
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Absa full-time

    Pros

    Excellent benefits to all staff

    Cons

    Little growth for line staff

    Advice to Management

    Listen more to staff and develop them


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  5. Rough environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Chief Financial Officer in Johannesburg (South Africa)
    Former Employee - Chief Financial Officer in Johannesburg (South Africa)
    Doesn't Recommend
    Neutral Outlook

    Pros

    Opportunities within the Group to leverage

    Cons

    Culture eroding the company and people

    Advice to Management

    Fix culture and climate within the company


  6. Good company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    International exposure, on the way up again. Business units are starting to deliver again.

    Cons

    Operating model but it is changing. To many bosses. Strategy not always clear. Catching up. Can be better at telling their story.

    Advice to Management

    Take your staff with you and be close to them.


  7. Good company, bad management team

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Specialist Manager in Johannesburg (Suriname)
    Former Employee - Specialist Manager in Johannesburg (Suriname)
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Absa full-time (More than 10 years)

    Pros

    Absa is a good company to work for but depending on who your management team is. For 11 years of my 13 year employment, I was extremely happy. During the last two years, I worked for a management team that was not qualified thereby limiting my abilities to perform. This resulted in my leaving the company.

    Cons

    Unfortunately, due to the structure of the company, the management team can make or break your career. Should you start asking for assistance, you are seen as a problem that needs to be removed as quickly as possible with the least amount of hassle. But then, as previously mentioned, for the first eleven years, I was extremely happy.

    Advice to Management

    You are losing good people due to the limitation of the management team that you are employing. Look for new blood so that the company can grow.


  8. A bank that has lost its way

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal Manager in Johannesburg (South Africa)
    Former Employee - Principal Manager in Johannesburg (South Africa)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Absa full-time (Less than a year)

    Pros

    Great people and deep digital knowledge. Incredibly welcoming and fantastic on boarding program.

    Cons

    Unfortunately a combination of becoming Barclays Africa and trying to transform the face of their Digital environment created a chaos that I believe will take about 3 years to turn around.

    Advice to Management

    It's time to put your own lifestyle management aside and focus more on the people that helped get you there.


  9. Great people and supportive leadership

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

    I worked at Absa full-time (More than a year)

    Pros

    Great place to work for an innovative and enterprising mind.

    Cons

    Frequent process and structural changes.


  10. From one of the best companies to work for to one of the worst. And this over a 5 year time frame. Such a shame.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Specialist Manager in Johannesburg (South Africa)
    Former Employee - Specialist Manager in Johannesburg (South Africa)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Absa full-time (More than 10 years)

    Pros

    Depending on the department/management that you work for, it can be very rewarding. During the first few years at Absa, I received a lot of training and support from my management team. During the last few years, after a restructuring in the division, I reported to a management team that was not competent and this created a lot of problems, to the extent that I left Absa.

    Cons

    There is a lot of opportunities in Absa but due to cost reductions, staff are overworked and stressed. Your work/live balance will reduce to the extent that you focus on nothing but work. This is very unhealthy. Currently, very few Absa staff is happy. When asked, most will tell you that they are in the market for a new job.

    Advice to Management

    More competent management is required and you need to look after the health of your staff.


  11. its a good Company but the salaries could be better

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Consultant in Durban (South Africa)
    Former Employee - Sales Consultant in Durban (South Africa)
    Recommends
    Neutral Outlook

    I worked at Absa full-time (More than 5 years)

    Pros

    its a pleasant company to work for

    Cons

    multitaking having ti di more work with less staff



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