Australia and New Zealand Banking

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

Updated Jul 24, 2014
All Employees Current Employees Only

3.3 205 reviews

74% Approve of the CEO

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

Michael R. P. Smith

(113 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • Being able to move around the company, Building is excellent and ok work-life balance(in 53 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)

205 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    In the not too distant future almost all of the jobs will be offshore.

    Risk Manager (Former Employee) Docklands (Australia)

    ProsAverage salaries for middle management. Senior management are paid extremely well.

    ConsConstant fear that your job will be offshored.
    Very little reward for being a high performer.
    Endless bureaucracy, no one takes accountability.
    Dishonest executives.

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

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

     

    Good experience working here for many years

    Manager (Current Employee) Bangalore (India)

    ProsGood banking it experience, located in India nagar egl.

    ConsRecent management in India are from RBS and Bank of America.
    They are recruiting people from these companies and also creating a situation for existing employees who have been in the organisation for long to leave loosing all the IP gained.

    If you are not from above companies then you are not likely to get good roles except on paper.

    Many senior leaders spend their time on Facebook or dealing with their other outside office business interests.

    Advice to Senior ManagementTime to move to the next company and do damage

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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good place to work but changing quickly

    Anonymous Employee (Former Employee)

    ProsGood people to work with.

    ConsTough ever increasing targets at ANZ

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

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Credit Assessment - Senior Credit Analyst

    Senior Credit Analyst (Former Employee) Makati City (Philippines)

    ProsWork shift usually 7 AM to 4 PM avoiding traffic, usually gives free food.

    ConsCompany get the most out of you... Quota keeps increasing even if meeting SLAs; Overtime and working lunch almost everyday. Typical BPO setup.

    Advice to Senior ManagementWork life balance and Managers usually does nothing

    Yes, I would recommend this company to a friend

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

     

    Great place to work for psychopaths

    Senior Manager (Former Employee) Docklands (Australia)

    ProsSalaries are high. Learning to use simple terms like: 'customer experience', 'strategic adaptation', 'innovation', and 'outperform' ensures a successful career.

    ConsNuffs nuffs with narcissistic personality disorders are in control; the matrix structure means that in order to actually do something you need line up 10 different functional areas - none of whom have the same priorities; 'living the values' is code for 'play the game'; systems are beyond bad

    Advice to Senior ManagementBe honest and resign

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

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

     

    New Zealand Ops

    Anonymous Employee (Former Employee)

    ProsI was a part of new process and the support from off shore team was great

    ConsPolitices at lower level of mang in india TL and ops manger

    Yes, I would recommend this company to a friend

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

     

    Short-lived promise. Now on an inevitable tail-spin. Culture is flagging.

    Senior Manager (Former Employee)

    ProsStill hiring. Some growth. Good vision.

    ConsDealing with old-school bureaucrats legacy.
    Psychopathic management.
    Lip-service to "Values" but sluggish execution.
    Lack of strategic view.
    Australian head-office slow to adapt to change.
    New Zealand office is so insular, even the Australian office hates it.
    Asia may have some new ideas to offer, but no budget to pursue it.
    Offshoring offices (hubs) are run like BPOs - but everyone calls them "banks" - except they aren't. (Heard of the term KPO?)

    Advice to Senior ManagementGet back to vision. Get back to values.
    Retire all these bureaucrats and politicians who are running your business to the ground.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Company with great potential and aspirations, but a lot of uncreative deadwood

    Anonymous Employee (Former Employee)

    Prosgood pay, decent hours, opportunities to move around if you look and push hard enough.

    Conssome technology antiquated, making simple things difficult, very political, people only jump on the bandwagon when the hard work has been done and an idea looks like it will be successful, a little too top heavy

    Advice to Senior Managementembrace people who offer breadth of experience and willing to use data to drive real decisions. don't be afraid to take a punt on long term projects even if they're expensive because they'll pay off in the end.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Anz Singapore

    Risk Analyst (Current Employee) Singapore (Singapore)

    ProsGood work life balance
    Management has communicated vision and strategy
    Supports flexible working arrangements

    ConsNeed to retain talent better

    Advice to Senior ManagementMore support and retention for talents

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

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

     

    Good company to work for

    Dev Manager (Current Employee) Bangalore (India)

    Prosgood company to work with with work life balance

    Consno onsite and difficult to get promotions

    Advice to Senior Managementkeep it up

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

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