Australia and New Zealand Banking

www.anz.com.au

Australia and New Zealand Banking Reviews in Australia

Updated January 7, 2015
Updated January 7, 2015
252 Reviews
3.4
252 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
140 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

94 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Predominantly a great organisation for most of the employees and external customers

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

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

    Pros

    For employees willing to put their hand up for more without hesitating to go beyond core responsibilities, numerous progression opportunities exist. Senior management recognition and a feeling of appreciation is also not uncommon. ANZ is at the forefront of the industry in terms of global market scope and caliber of platforms on offer.

    Cons

    Inexplicable budget cuts, staff churn over not back-filled, continuous push to "do more" with "less" can be demoralizing and damaging to work-life balance.

    Advice to ManagementAdvice

    Short-sighted goals and project that aim to reduce operating costs often end up having the opposite effect in the medium term and this always impacts the external Customer, at times indirectly and at times directly, hurting ANZ's position in the marketplace.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Loans dept at ANZ

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

    I worked at Australia and New Zealand Banking

    Pros

    great training and development opportunities for career progression and secondment roles
    Great facilities in docklands area, close to cbd, public transport and great cafe's, restaurants

    Cons

    at the time there were a lot of worries about future job off-shoring that impact on the team morale of level of involvement.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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 a 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
  6.  

    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 a 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
  7. 1 person found this helpful  

    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
  8.  

    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
  9.  

    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
  10.  

    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 a 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
  11.  

    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

Australia and New Zealand Banking Photos

Work at Australia and New Zealand Banking? Share Your Experiences

Australia and New Zealand Banking

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.