Australia and New Zealand Banking

  www.anz.com.au
  www.anz.com.au

Australia and New Zealand Banking Reviews in Australia

Updated December 2, 2014
Updated December 2, 2014
242 Reviews
3.4
242 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Australia and New Zealand Banking CEO and Director Michael R. P. Smith
Michael R. P. Smith
136 Ratings

Review Highlights

Pros
  • Being able to move around the company, Building is excellent and ok work-life balance (in 64 reviews)

  • A very supportive work environment, work life balance, transparency in growth and salary (in 15 reviews)


Cons
  • Tendency for senior management to forget about the people below (in 7 reviews)

  • No scope for career growth or learning (in 6 reviews)

More Highlights

92 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    ANZ Bank

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

    I have been working at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Overall, ANZ is a great place to work. Good work-life balance. Great opportunities for career progression especially in the growing Asia Pacific markets. Good salaries, friendly atmosphere and supportive managers and colleagues.

    Cons

    IT support could be better. The bank is going through consolidating their IT systems which is a move in the right direction. However support is still currently below average. A lot of time wasted on unproductive meetings.

    Advice to ManagementAdvice

    - Improve the IT support for staff. A lot of time and productivity wasted as a result of inefficient IT support.
    - Measure the amount of time people spend on meetings and establish if this can be reduced with a view to improve productivity.

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Amazing experience

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

    I worked at Australia and New Zealand Banking full-time (more than an year)

    Pros

    Very friendly, good atmosphere, and everyone was willing to put down what they were doing to give you a hand.

    Cons

    There were really no major cons to this job. I guess the only one would be that the name is relatively unknown by one people outside of the banking world.

    Advice to ManagementAdvice

    n/a

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    bad place to work

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

    I worked at Australia and New Zealand Banking full-time (less than an year)

    Pros

    no pros- they make you drink the kool Aid on career promises but give you a mediocre desk job and force you to perform

    Cons

    management are a bunch of 5 star clowns who monitor behaviour like prison guards. everything you do or say is used against you. you can't speak your mind to help improve the business. low performers are kept in the business not hitting numbers required. high performers are let go despite making money for the company. overall this place offer temp contracts with no sick or annual leave for 12 months and expect people to quit or let them go because they know calling people all day for a bad campaign is a totally demoralising way to start your career in finance.

    they also put you on the phones saying not to give advice because they train you for 2 weeks in a room not doing much at all wasting companies money then put you on the phones and expect you to talk finance.

    upper management are cut throat losers who can't solve people problems,they solve problems by letting temps go with no notice. you're pretty much expendable there.

    Advice to ManagementAdvice

    yeah, they promise it in 6 months but will you really last? you'll have to stay content with your minimum wage there.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Lawyer

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

    I have been working at Australia and New Zealand Banking full-time

    Pros

    Flexible working arrangement not an issue, do not need to work on most weekends, quite interesting projects for inhouse legal to be involved in, super regional strategy, lots of opportunity to work overseas and Asia

    Cons

    No pay rise for 3 years in a row. This means salary gets eroded by inflation. Technology and it systems sometime does not work and it takes ages to get anything fixed on your computer, so this affects job productivity.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Just a job with no career growth, skills uplift or performance-based rewards

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

    I worked at Australia and New Zealand Banking full-time (more than 10 years)

    Pros

    Business prospects are good so the company is in fine shape

    Cons

    Values and work life balance are major issues

    Recommends
    Negative Outlook
    No opinion of CEO
  7.  

    Interesting place to work with great opportunities

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

    I worked at Australia and New Zealand Banking full-time (more than 10 years)

    Pros

    Relaxed work environment and supportive culture

    Cons

    Difficult to get stuff done via Technology

    Advice to ManagementAdvice

    Look at Asia Pacific subsidiaries for guidance on how to achieve outstanding results with limited resources

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Service Delivery Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Service Delivery Manager in Docklands (Australia)
    Former Employee - Service Delivery Manager in Docklands (Australia)

    I worked at Australia and New Zealand Banking as a contractor (less than an year)

    Pros

    Awesome offices in docklands.
    Access to good equipment that worked sometimes.
    Their 'hot desking' experiment was a failure.
    Some people are too over worked
    Pay is well above industry averages.

    Cons

    On boarding of new employees just didn't work.
    Getting support for any problems more hassle than it was worth, employees lived with problems.
    Too many contractors that don't have the long term investment in the company.
    Some people are too under worked.
    Many people are well over paid for what they do.
    No management engagement.

    Advice to ManagementAdvice

    Review what people do and what they are paid for the work. Don't trust managers to do the review of their staff though.

    Recommends
    Positive Outlook
    Disapproves of CEO
  9.  

    ANZ Wealth - Starting to Deliver

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

    I worked at Australia and New Zealand Banking full-time (more than 3 years)

    Pros

    Opportunity for enthusiastic individuals
    Easy laid back culture
    Hard works stand out

    Cons

    Self Motivation required
    No culture to assist in the facilitation of culture between employee and managers

    Advice to ManagementAdvice

    Create better structures for employee engagement
    Put in place incentive scheme that better judges an employees on KPI
    Regardless of level ensure all employees are aware of the incentive structures

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    ANZ Fraud team

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

    I worked at Australia and New Zealand Banking full-time (more than an year)

    Pros

    Nice building, high level of responsability for Senior Fraud Analyst

    Cons

    Terrible work culture, unsure of future, CEO looking to cut costs everywhere

    Advice to ManagementAdvice

    Stop sending jobs overseas, lacks any structure

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Excellent working environment with continual ongoing training!

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

    I have been working at Australia and New Zealand Banking full-time (less than an year)

    Pros

    Great onboard training
    Great work environment
    Support provided

    Cons

    High work demand but as expected

    Advice to ManagementAdvice

    Try to clarify the roles and tasks to be completed by particular divisions. Everything else is perfect!!

    Recommends
    Positive Outlook
    Approves of CEO

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