Australia and New Zealand Banking Reviews
|
Company Rating Based on 5 ratings “Satisfied” |
CEO Approval Based on 2 ratings Michael R. P. SmithCEO and Director 100% |
Reviews are posted anonymously by employees (updated Jan 17, 2010)
| 1 - 5 of 5 Australia and New Zealand Banking Reviews | Sort by |
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.
Pros
You are working for one of the best banks in the World. The Work life balance is very good and the remuneration is one of the best. If you are enthusiastic in working for a social cause the management encourages you to volunteer for the causes. If you are lucky to get on board to good projects with a niche skill, you get the opportunity to travel all across australasia. People friendly policies which are common to all employees across the world.
Cons
Adapting to newer technologies is very slow but it is changing. Well the technology division is more Vendor managed. If you are looking for a technical career this will not be the appropriate place. But good to learn the business of banking and become a subject matter expert in many areas.
Advice to Senior Management
The decision making on technology adaptation is slow or atleast the process of decision making is very complex. Reduce the complexity and put an appropriate simple governance model
Pros
Trusted name in the Aus and NZ markets .
In these times of economic uncertainty it helps to work with a market leader.
The Australian division caters for the bank's retail, commercial and wealth management customers in Australia.
The Retail businesses are responsible for delivering a range of banking products and services to retail customers, while Commercial services small to medium enterprises through to smaller corporates. The division also has a dedicated wealth management business designed to meet the needs of high net worth individuals. Specialised businesses Esanda and Agribusiness ensure the division is well placed to help customers enjoy more convenient banking while supporting local business to grow
Cons
Slow mover when it comes to new technologies
Advice to Senior Management
Encourage collaboration
Pros
Work Life Balance, open and transparent policies and the People Orientedness of the organisation
Cons
Not technology oriented. if you want to interested in learning business functionalities, it is a good organisation
Advice to Senior Management
Don't have any at this point.
|
RSS Feed for Australia and New Zealand Banking Reviews |