Australia and New Zealand Banking

  www.anz.com.au
  www.anz.com.au

Australia and New Zealand Banking Reviews in Australia

Updated November 7, 2014
Updated November 7, 2014
241 Reviews
3.4
241 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
135 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

91 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    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
  3.  

    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
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  5.  

    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
  6.  

    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
  7.  

    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
  8.  

    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
  9.  

    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
  10.  

    A growing company and with that comes growing pains

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

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

    Pros

    Support network is good, opportunities for training

    Cons

    Disorganised at times, slow business approvals due to layers of management, no culture

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    business analyst

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

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

    Pros

    flexible culture and international exposure

    Cons

    compensation not so attractive; rigid organisation structure

    Advice to ManagementAdvice

    increase compensation

    Recommends
    Positive Outlook
    Approves of CEO

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