Commonwealth Bank of Australia

  www.commbank.com.au
  www.commbank.com.au

Commonwealth Bank of Australia Reviews

Updated December 22, 2014
Updated December 22, 2014
163 Reviews
3.6
163 Reviews
Rating Trends

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Approve of CEO
Commonwealth Bank of Australia CEO & Managing Director Ian Narev
Ian Narev
79 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.  

    Customers first

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Commonwealth Bank of Australia

    Pros

    As cba puts customer first you can be sure that at all times you are working for what is important - the customer
    employees are appreciated for what they do and will always be taken care of

    Cons

    Limited options for roles in other countries.

  2.  

    Can't wait to leave this organization

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

    I have been working at Commonwealth Bank of Australia full-time (more than 3 years)

    Pros

    None, maybe the location...All the major office sites are well connected but I guess that is something common with any of the big four banks

    Cons

    No career progression
    Worst management (junior & middle level) ever, in my 10 years of professional life I am yet to see such a bunch of incompetent managers.
    Prefrential treatment and no cumminication
    Training and HR don't exist.
    No matter how sincere and hard working you are don't expect any appreciation and forget about vertical or even horizontal movement

    Advice to ManagementAdvice

    Engage with employees , provide them with training and help them in their career progression
    HR should be a real function and should be involved in half-yearly or annual reviews
    Employees aren't just numbers, value them and it will be easier to work towards common goals

    Doesn't Recommend
    Neutral Outlook
  3.  

    Zero career opportinuities

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

    I worked at Commonwealth Bank of Australia full-time (more than an year)

    Pros

    Nice building and location. Car parking.

    Cons

    Be prepared to become part of a delivery machine.

    Bullies and the worst manager I have ever come across - ever. He even messed up when I resigned and I had to sort out my own payroll.

    'Boysclub' attitude.

    Advice to ManagementAdvice

    Give all your staff opportunity to further their careers instead of picking favourites and taking only them with you up the ladder.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    It takes time ..

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia

    Pros

    Access to top notch tools

    Cons

    A very complex organisation to work for.

    Advice to ManagementAdvice

    Get some structure in roles

  6.  

    NIL

    • 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 (more than 3 years)

    Pros

    Used to be a peaceful place

    Cons

    with Overseas Reporting line, discussions are made difficult. Phone discussions are not as appropriate as face-to-face discussions.

    Advice to ManagementAdvice

    NIL

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    Good experience

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

    I have been working at Commonwealth Bank of Australia full-time (more than 5 years)

    Pros

    Good work life balance and salaries

    Cons

    Politics affect career progression and development

    Advice to ManagementAdvice

    Development

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    A good few years, shame on change of managment

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

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

    Pros

    Large company, good chance of internal moves. Dealing with new technology. Good experience working in a real time 24/7 environment where seconds of downtime matter

    Cons

    Had no real issues, until I asked for flexible working conditions. With a change of management this was rejected even though the former managers would of been happy. My particular job went down hill from here suddenly receiving a terrible performance review from a manager that had only been in the job for two months. No support in the company for issues with management other then gong to the next level of management who just weren't interested in HR issues. After 4 years of good service I ended up resigning, with not even a 'thanks for your time' from my manager or manager once removed.

    Advice to ManagementAdvice

    Senior management need to think twice about who they put in charge of teams and what their people skills are like. I was in a critical role performing my job happily and in a few months hated working there and was basically "managed" out of the position with unfair performance reviews and an aggressive manager who has that entire team on the edge of going down the same path. If someone raises a workplace grievance maybe take it seriously?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Great to work with

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

    I have been working at Commonwealth Bank of Australia

    Pros

    Great people to work with

    Cons

    No no no no no

    Approves of CEO
  10. 2 people found this helpful  

    Commonwealth Bank is great to work for

    • 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

    CBA is a very good company to work for.

    Cons

    Too many managers not actually doing any work.

    Lines of reporting and actual role not clearly defined.

    Inconsistent managing and expectations.

    People are put into leadership positions with little to no experience.

    Advice to ManagementAdvice

    Hire competent, customer focused people.
    If people start exhibiting behavioural issues, pull them up on it.

  11.  

    It was okay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Accountant in Ho Chi Minh City (Vietnam)
    Former Employee - Financial Accountant in Ho Chi Minh City (Vietnam)

    I worked at Commonwealth Bank of Australia as a contractor (less than an year)

    Pros

    Nice environment. Managers were very close to employees, and very open to listen to other opinions.

    Cons

    Like any other big organization, CBA had quite strong politics in management level, affecting the working environment and career development of employees.

    Recommends
    Neutral Outlook

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