Australia and New Zealand Banking Reviews

Pros

Pays well, good work life balance, interesting software development problems to solve in some areas, incredibly dull in others

Cons

Amazingly silly decisions made by senior management at times. The review process is a farce, strong teams are implicitely discouraged by grading on a curve amongst tiny sample groups.

Advice to Senior Management

Change the review process, become a meritocracy.

Pros

Focus on Corporate Social Responsibility, Competent People, Vision

Cons

Short-Sightedness, Sometimes They Talk a Big Game but don't Deliver, Majority of Senior Execs are Snobs, Majority of the Country CEOs seemed unfocused

Advice to Senior Management

Listen!

Pros

Family oriented
Work life balance
Friendly people

Cons

Lack clear direction
Communication to employees not clear
IT service

Advice to Senior Management

Clear communication

Pros

Still growing in Asia Pacific

Cons

No clear strategy for growth, except revenue

Advice to Senior Management

Give the staff more detailed clarity on the direction

Pros

Best policies which helps to balance work and personal life in the best way.
Excellent compensation
Very good managers
Very relaxed work environment
Cares for the employees very much

Cons

Career growth is difficult. Do not have work from home option.

Advice to Senior Management

Formulate new policies to enable employees to get better career growth in the company

Pros

very good work life balance..the work timings of 8-5 are followed well..pretty good compensation package..very friendly team mates to work with

Cons

no growth opportunties..very bureaucratic management..management issues never get resolved..only new ones get added...less importance given to hard work and more given to ability to sell yourself and get visibility

Advice to Senior Management

reduce the unnecessary layers in evry small thing and improve the speed of your actions..take in more competent people and retain good people

Pros

- Competitive but collaborative environment.
- Flexibility in the work place.
- Good career opportunities, more so now with expansion in Asia.
- Good work life balance in most roles.
- The company has invested a lot of money recently in upgrading facilities to employees at their new head office in Docklands, Melbourne.

Cons

- Organisation is going through quite a bit of change ever since there has been a change in senior management.

Advice to Senior Management

None

Pros

Work life balance, ability to move across groups, great networking opportunities with senior management, travel opportunities to the diverse work locations that ANZ has.

Cons

Not really a hurried pace of work and can be a bit leisurely, some of the management initiatives come too late for the company's growth, implementations are often delayed.

Advice to Senior Management

Please continue valuing the work life balance, increase accountability of all employees, speed up implementation of projects, provide interenship opportunities in India and other countries as well.

Pros

Work Live Balance, ongoing training, locations, relaxed work place, Intranet works seamlessly, extra work was allowed to be picked up if slow

Cons

constant moving of offices and levels, no warning of redundancies to employees and no notice given to others about who is taking over there duties, turnover of managers was very very high,

Advice to Senior Management

On more then one occasion it seemed a manager or employee was moved to a division where they didn't have the appropriate level of knowledge to fulfill there new role. It was almost like they where sent in over there head so they would quit... this may have been the case but it was very frustrating for the other employees.

Pros

Well defined direction from top leadership makes this an exciting place to be. The less stressful environment and down to earth people is a positive that can't be overlooked.

Cons

Sometimes the lack of focus on performance can lead to a lack of opportunities for those looking to climb the ladder at a fast pace, but in place of these opportunities is more stable employment.

Advice to Senior Management

The well communicated direction provided by the CEO and others at the top certainly help inspire, unfortunately there can be a huge disparity between what top executives say and what is practised/implemented by middle management and HR.