Australia and New Zealand Banking
3.3 of 5 197 reviews
www.anz.com.au Docklands, Australia 5000+ Employees

Australia and New Zealand Banking Reviews

Updated Jul 7, 2014
All Employees Current Employees Only

3.3 197 reviews

                             

76% Approve of the CEO

Australia and New Zealand Banking CEO and Director Michael R. P. Smith

Michael R. P. Smith

(108 ratings)

66% of employees recommend this company to a friend
197 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Being able to move around the company, Building is excellent and ok work-life balance"
    in 51 reviews
  • "Great people & wonderful environment"
    in 9 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
  • Show more review highlights

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

     

    Great work culture and work life balance

    Manager, Group Model Validation (Current Employee)
    Bangalore (India)

    ProsVery strong HR and compliance practices

    ConsLimited opportunities of growth within India

    Yes, I would recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Bloated and political corporate behemoth- a breeding ground for psychopaths.

    Manager (Former Employee)
    Melbourne (Australia)

    ProsRewards employees well with salary, bonuses, sharing in large profits.

    ConsRewards the wrong employees well. Like most large companies the cultural and ethical policies are there to protect management and not truly develop a high performing organisation. Toxic behaviour and bullying are rife and a good proportion of the employees are either incompetent or lazy.

    Advice to Senior ManagementStop paying lip service to policies designed to improve culture and actually reward those who foster collaboration, quality and high performance rather than force management to be so competitive internally.

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Low Morale

    Senior Analyst (Current Employee)
    Sydney (Australia)

    ProsBeing able to move around the company, Building is excellent and ok work-life balance

    ConsMorale is really low, LOTS of IT issues, Cliquey culture, lots of knowledge pool where some staff are reluctant to share.

    Advice to Senior ManagementUpgrade technology, make decisions and stick to them, encourage staff

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
  • We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Corporate Banking

    Corporate Banking (Former Employee)
    Melbourne (Australia)

    ProsOpportunities for development and experience; global organization;

    ConsThe managers - there continue to be older, out of date managers employed who provide no inspiration, poor people management and inefficient practices and tired skills set.

    Advice to Senior ManagementRecognize talent and remove redundant managers.

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review

     

    Work quality

    Anonymous Employee (Current Employee)

    ProsVery ambitious super-regional agenda, excellent work-life balance, market competitive wage.

    ConsNot too many, at this stage.

    Advice to Senior ManagementKeep going as per plan

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Very good

    account servicing officer/ senior analyst (Former Employee)
    Bangalore (India)

    ProsGood growth if potential is shown, also internal movement is hassle free

    ConsInconsistency in different departments , accesses to applications not great

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Institutional Graduate

    Institutional Graduate (Current Employee)
    Sydney (Australia)

    ProsOpportunities - exposed to numerous areas of the bank and senior leaders. Make of it what you will. Super regional push.

    ConsTypical bank culture. You must be self reliant and energetic. If you fall into a slump no one will pick you up.
    Technology blows. Numerous systems that don't talk to each or can't cut the data as required. Lots of manual spreadsheets to patch the shortfalls.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

     

    Good place to enjoy work-life balance

    Business Analyst (Current Employee)
    Singapore (Singapore)

    Pros- Polite and helpful managers
    - Western culture with negligible distance between staff and managers
    - Office hours 8:30-5:30 but people comes at 9-10am and leave on the dots
    - Well structured process and framework

    Cons- Slow in making decision due to many rounds of approval

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Awful

    Anonymous Employee (Former Employee)

    ProsNone that I can think of.

    ConsExcessive micro-management
    Plenty of middle managers with make work projects to 'justify your existence'
    Much time is wasted on work that is of no value to the company
    Work is not challenging at all
    Very little communication from management
    Toxic culture

    Advice to Senior ManagementMajor culture change is needed.
    Employees are completely demoralised and it's shocking that it's not noticed
    Reward and recognise people for a job well done
    Hold people accountable when something is not right, this includes all of the useless middle managers that are put in place

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Company work environment is coming down

    Testing (Former Employee)
    Bangalore (India)

    ProsAustralian timing in India, you can start very early and finish early. No late night calls.

    ConsTop leadership doesn't have a direction for technology and no transparency.

    Advice to Senior ManagementShow some respect to employees and their service.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
RSS Feed Embed

Worked for Australia and New Zealand Banking? Contribute to the Community!

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

Glassdoor is your free inside look at Australia and New Zealand Banking reviews and ratings — including employee satisfaction and approval rating for Australia and New Zealand Banking CEO Michael R. P. Smith. All 197 reviews posted anonymously by Australia and New Zealand Banking employees.