Commonwealth Bank of Australia Reviews

Updated March 26, 2015
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  1. 1 person found this helpful

    Quite enjoyable experience

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

    I worked at Commonwealth Bank of Australia

    Pros

    personal growth, exposure to technology, work life balance, good communication, good work environment, look after employee, good leadership training, good employee benefit

    Cons

    management is a hit and miss, structure is over complicated for some team, KPI is too generic for some team.

    Advice to ManagementAdvice

    Keep doing whatever you are doing

    Recommends
    Positive Outlook
    Approves of CEO
  2. Good working hours

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

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

    Pros

    The company had a good work life balance

    Cons

    Nobody was driven to push the boundaries because it was not driven enough.

    Advice to ManagementAdvice

    Create more incentives

    Recommends
    Negative Outlook
    No opinion of CEO
  3. 2 people found this helpful

    A good place for fresh faced Intelligent and hungry grads to be introduced to the reality of corp. life.

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

    I worked at Commonwealth Bank of Australia as a contractor (more than 5 years)

    Pros

    Nice office environment and location. Free tea, milk and water.

    Cons

    Project deployments end up in failure because improper methodologies used, lack of end to end testing.There is a real undisciplined Cow Boy culture when it comes to change management hence giving rise to an extreme 'work around' culture.
    Using the 'Agile' methodology is an excuse for not testing, putting changes into Production and waiting for havoc.

    Failures are then passed on as great successes with those responsible Congratulated.
    Mid level management completely dis-engaged with the business, but also the teams that they run. Lacking in knowledge, know how, people and management skills. The place is full of dead weight, that again get rewarded generously.
    Senior and executive management listening to incompetent mid management, in turn not getting the actual full picture.
    There are components of Nepotism and Cronyism, it really is a culture of not what you know and what you do, but who you know and how you play the game.
    A company that preaches innovation to shareholders, but internally is a political and systemic mess. Work in IB for long enough and you will see. First 6 months are great, but cracks will appear....

    Advice to ManagementAdvice

    Open your eyes and ears and start listening to your people and recognise Failures and Success for what they are.
    Put together strategies to fix and change the internal messes created by your own actions.
    Let go of the dead weight and start rewarding the Doers.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. Relationship Manager

    • 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

    Strong bank achieves good results

    Cons

    large structure is geographically segregated

    Neutral Outlook
    Approves of CEO
  6. 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
  7. 1 person found this helpful

    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
  8. 1 person found this helpful

    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
  9. 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
  10. 2 people found this helpful

    Its not who you know, its who you show the show

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

    I worked at Commonwealth Bank of Australia full-time (more than 8 years)

    Pros

    I cannot think of anything positive to say...even the free coffee for CBP North employees is terrible!!

    Cons

    I worked in audit & assurance, and the senior management there are terrible..they got bad scores in people and culture surveys, and all they were worried about is how they looked in the eyes of auditee partners instead of doing their job properly. they hire external body to teach you how to speak properly with people, and all this person wanted was a free lunch! they dont deal with internal HR issues well in A&A, its just a sweep under the carpet.

    Advice to ManagementAdvice

    wake up and smell the roses...promote the best person for the job...and seriously...get rid of the dead wood!

    Start paying market rates too....dont give us 2% a year, when youre making 10%..what a joke!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful

    Good

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonwealth Bank of Australia

    Pros

    Environment, friendly colleagues and staff

    Cons

    Income, no set path to grow, feels like a call centre

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