Absa

  www.absa.co.za
  www.absa.co.za

Absa Reviews

Updated September 27, 2014
Updated September 27, 2014
9 Reviews
2.9
9 Reviews
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Maria Ramos
2 Ratings

Employee Reviews

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  1.  

    Great people and supportive leadership

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

    I worked at Absa full-time (more than an year)

    Pros

    Great place to work for an innovative and enterprising mind.

    Cons

    Frequent process and structural changes.

    Recommends
    Positive Outlook
  2.  

    A bank that has lost its way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Principal Manager in Johannesburg (South Africa)
    Former Employee - Principal Manager in Johannesburg (South Africa)

    I worked at Absa full-time (less than an 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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    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.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Specialist Manager in Johannesburg (South Africa)
    Former Employee - Specialist Manager in Johannesburg (South Africa)

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    its a good Company but the salaries could be better

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

    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

    Recommends
    Neutral Outlook
  6.  

    Nice place to start but move on or lose your skill

    Former Employee - Senior Engineer in Johannesburg (South Africa)
    Former Employee - Senior Engineer in Johannesburg (South Africa)

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

    Pros

    Good place to gain knowedge

    Cons

    With all the changes it is dragging on and loosing focus

  7.  

    Absa have always looked after me as an employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Johannesburg (South Africa)
    Current Employee - Business Analyst in Johannesburg (South Africa)

    I have been working at Absa full-time (more than 10 years)

    Pros

    Absa have always looked after me as an employee. I have a lot of opportunities to advance in my career.

    Cons

    Salaries do no remain market related for employees with long service. This mean that junior people gets appointed with a higher salary.

    Advice to ManagementAdvice

    Look after loyal staff.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Nice face value but very corporate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Private Banker in Cape Town (South Africa)
    Current Employee - Assistant Private Banker in Cape Town (South Africa)

    I have been working at Absa full-time (more than 3 years)

    Pros

    Good brand name on your cv. Big company and good value system. Good company benefits and initial competitive salary relative to other banks in South Africa.

    Cons

    Big company. Hard to move around in the company. Micro management by Senior Leadership. Highly corporate culture. CEO is not the right person for banking industry. Annual salary increases are rediculous compared to other financial institutions. You get a good sign on salary but after that annual bonuses and salary increases are rediculous.

    Advice to ManagementAdvice

    Delegate more authority to employees.

    Doesn't Recommend
    Neutral Outlook
  9.  

    Organisation

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

    I worked at Absa full-time (more than 8 years)

    Pros

    Provides most of the benefits that other companies provide

    Cons

    Struggling in the competitive environment

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Absa is a growing bank which offers it staff extensive training however Performance appraisal need to be done effective

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

    I worked at Absa

    Pros

    It is one of the leading Banking industry thererfore you will definately get recognition from other companies.

    Cons

    Remuneration is below the market rate.

    Advice to ManagementAdvice

    Compensate your staff fair and recognised them fairly.

    Doesn't Recommend
    No opinion of CEO

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