Commonwealth Bank of Australia

www.commbank.com.au

Commonwealth Bank of Australia Reviews

Updated January 26, 2015
Updated January 26, 2015
171 Reviews
3.7
171 Reviews
Rating Trends

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Approve of CEO
Commonwealth Bank of Australia CEO & Managing Director Ian Narev
Ian Narev
85 Ratings

Review Highlights

Pros
  • Work life balance is fair for project work with option of time in lieu for weekend work (in 23 reviews)

  • Good culture of promoting within and the opportunities are there (in 10 reviews)


Cons
  • Still lots of red tape (but less than other Aussie banks out there) (in 9 reviews)

  • Work life balance is not good, generally long hours expected (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    x

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    job security, competitive salary, breadth of work

    Cons

    slow, lack of career development opportunity

    Advice to ManagementAdvice

    x

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Working for an Australian Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Banker in New York, NY
    Former Employee - Banker in New York, NY

    I worked at Commonwealth Bank of Australia

    Pros

    Small Bank with good credit rating. Nice people, good working atmosphere where everyone knows each other and what their job functions is.

    Cons

    You will always be an Australian satellite office that operates in the same manner as home office. Systems are fragmented and outdates.

    Advice to ManagementAdvice

    Integration and updating of systems are definitely needed.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Below Average

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    Decent people, nice office and social.

    Cons

    Management is in Sydney. Anyone that can make things happen sits half way around the world. As a result they have a distorted view of what it really takes to succeed in the U.S.

    Advice to ManagementAdvice

    Make a real investment in the U.S. Get rid of the dead weight and straighten out your compensation structure.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Conservative bank, nice employer on working condition, EEO and people development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Inclusive, humble and people/leaders are very kind and they value their people, invest on their career and development. Nice working environment and nice team members.

    Cons

    Too conservative sometimes and the risk-taking action/decision is not popular, which may limit the business expansion.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Get ready to become an Aussie

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia

    Pros

    Small office, so you know so much about everyone (good or bad?)

    Cons

    The Aussie way of life, H.O. have a worls away so things get done at a snails pace

    Recommends
    Neutral Outlook
    Disapproves of CEO
  7.  

    Great benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative (Teller) in Canberra (Australia)
    Current Employee - Customer Service Representative (Teller) in Canberra (Australia)

    I have been working at Commonwealth Bank of Australia full-time (more than a year)

    Pros

    Staff benefits are excellent, good for development into other roles. Technology is advanced.

    Cons

    In large branches, staff get lazy and not meet targets and still get rewarded

    Advice to ManagementAdvice

    Making tellers roles more flexible, and making teams more accountable for cash errors in branches

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A large Australian company with plenty of opportunities

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

    I worked at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    Covers all fields, once you're in there's plenty of opportunity to move sideways or up, great culture, great remuneration

    Cons

    Bureaucratic, limited offshore opportunities, can be a little on the strait-laced side

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Vibrant encouraging environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia

    Pros

    People Culture very encouraging, lots of opportunities with management pushing others to pursue goal

    Cons

    Salary behind industry culture varies team to team

    Recommends
    Positive Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Customer Service Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative (Teller) in Lidcombe (Australia)
    Current Employee - Customer Service Representative (Teller) in Lidcombe (Australia)

    I have been working at Commonwealth Bank of Australia

    Pros

    If you like helping others, then this is for you. You get a sense of satisfaction from helping your customers. Every workmate is friendly, and the company is very flexible - they are open to negotiations (e.g. working hours, pay, etc.) so work-life balance is good. Also get financial benefits.

    Cons

    Weekly targets need to be met - feels pretty sales orientated. So if you are not that much of a sales person, it will be a challenge.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    HR support lacking and there for legal reasons only

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

    I have been working at Commonwealth Bank of Australia

    Pros

    Salary competitive
    Activity based working

    Cons

    Management are afraid to put things in writing.

    Advice to ManagementAdvice

    Say what you believe and actions will be aligned

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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