Australia and New Zealand Banking

www.anz.com.au
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Australia and New Zealand Banking Reviews

Updated May 30, 2015
62 reviews filtered by
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2.9
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
40 Ratings

Pros
  • good company to work with with work life balance (in 64 reviews)

  • Less stressful work environment (in 15 reviews)

Cons
  • Senior management strategies at times (in 7 reviews)

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

More Pros and Cons

62 Employee Reviews

Sort: Popular Rating Date
  1. Great Company

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

    I have been working at Australia and New Zealand Banking full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great working culture - innovative and forward looking. Changing the conversation to be focused around customers. Great career prospects in business areas.

    Cons

    Technology area is hobbled. Expectations around "out performance" may not suit everyone.


  2. Program Consultant

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

    I worked at Australia and New Zealand Banking

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Flexible conditions and availability to work from home

    Cons

    Back-biting and political. Big gap between management and teams

    Advice to Management

    Lead by example and encourage dont demand


  3. Poor talent and career management

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

    I worked at Australia and New Zealand Banking full-time

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Decent market rate pay. Nothing else to comment on unfortunately

    Cons

    No career planning, no performance objectives, undefined career or role responsibility. Antiquated core systems and lack of management support to seriously overhaul core platforms

    Advice to Management

    Peer comparisons of employee and talent management. Invest heavily on your people and infrastructure for the long run.


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  5. Director

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great working with small businesses

    Cons

    Can sometimes be hard working alone.


  6. Greedy and focussed only on profit

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

    I have been working at Australia and New Zealand Banking part-time (More than 10 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Ability to move around the organization

    Cons

    Management have no respect or dignity for employees

    Advice to Management

    Show some respect, dignity and common humanity to employees


  7. So much change, hard to stay motivated

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

    I have been working at Australia and New Zealand Banking

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Large employer, lots of opportunities to move if you are well connected. A few good people that I've come across.

    Cons

    It seems quite superficial, very much based on appearances and lack of discipline when it comes to outcomes. Project Management discipline is quite lax, stakeholders are generally frustrated and it's hard to build momentum with them - particularly as people get chopped and changed all the time. Very little ability to build new and improved practices.

    Advice to Management

    Develop appropriate governance frameworks, invest in development and ensure that people are well qualified for the roles they hold. It's great that you promote from within but just because someone has worked on the frontline it doesn't always make them suitable for a role in projects, particularly when they are unsupported and oversight is limited.


  8. Good culture for a call centre

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

    I worked at Australia and New Zealand Banking

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Work-life balance
    Pay (and penalty rates)
    Flexible hours
    Manageable metrics

    Cons

    Poor leadership
    No easy opportunities to move to other parts of the business
    Drinking culture


  9. Helpful (3)

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    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.


  10. Loans dept at ANZ

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

    I worked at Australia and New Zealand Banking

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.


  11. Helpful (1)

    bad place to work

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

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



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