There are newer employer reviews for Commonwealth Bank of Australia
There are newer employer reviews for Commonwealth Bank of Australia

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A fair company to work for

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

I worked at Commonwealth Bank of Australia

Recommends
Approves of CEO
Recommends
Approves of CEO

Pros

Being a large company, getting into the right team is critical for a successful career, as each team is like working for a small individual company.
A fair company to work for that recognised good employees if you have the right boss.
Pay was according to industry standard. They provided good training and willing to spend money on the right technology.

Cons

Being a large organisation at times there could be red tape when trying to do ones task so knowing the right people will help. Making changes is slow and cumbersome.

Advice to Management

Had few managers, all were was good except for the last one was a poor outside hire which introduced many internal conflicts, bullying, and work politics after their probation. Need to tighten up on the manager hire so properly skilled and "qualified" individual are selected for the job.
Get some staff to have an opportunity "interview" their prospective managers , or better still promote your talents at CBA you have many of them.

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  1. Helpful (3)

    Treats employees well but has all the trappings of a large company

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

    I worked at Commonwealth Bank of Australia

    No opinion of CEO
    No opinion of CEO

    Pros

    Pay is good
    People are generally very friendly, supportive and helpful as is management.
    There is a good culture of valuing employees and helping them in their professional development.
    Generally a good work life balance, however I was a contractor. For some of the permanents there did seem to be periods when overtime and weekend work was necessary.

    Cons

    As a very large company, half (or more) of your job is spent tracking down information. Youf most important asset is the network of contacts you have established. This can be frustrating when first starting as the documentation is often limited or outdated.

    Also, in a large organisation employing a lot of people, your role is very sharply defined and segrated from other roles. Essentially your are pigeon holed into doing a very specific job - there is no crossover (this can be good or bad depending on your preference).

    The pace is very slow. Even the smallest things take a long time to get done. There is a six month release cycle so if your project is large, you will be stressed. If your project is small, you will be bored. Or if you're working on more than one, you will go up and down sporadically. Be prepared for a LOT of meetings, going over the same minutia over and over without necessarily ever implementing anything because someone eventually decides the project isn't worth it or the budget is too big, or they've changed their priorities etc etc.

    Very difficult to do anything new or fresh as so much business relies on so many legacy systems that are so complex and so tightly integrated with other systems. Change is slow and difficult. It's more about making the best of a bad situation.


  2. Helpful (1)

    Good experience as my 1st full time job, need improvement in recognition and 1st level management

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

    I have been working at Commonwealth Bank of Australia

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Very professional people to work with.
    Great work life balance.
    Continuos skill learning opportunity via online, internal and courses.
    Above market pay.

    Cons

    I have been working in the Bank for a few years. Experience with five managers varies in a great deal. So yes, you really need to be in the right team as team culture is very diff from one to another. I found two managers extremely supportive with my career development and they encouraged me to do my best from day to day basis, the others have issues with even delivering their own work and attend regular team meetings they scheduled.

    Another issue is with the promotion, ususally knowing the right people makes a huge difference, and young talent with great delivery result is sometimes not treated as equal in terms of promotin compared to the colleges with longer service in the Bank.

    Advice to Management

    Changes implemented by Ralph has a great impact to remove the "Sino" culture in the IT space, more work is needed to retain young talents however. But yes, things are changing to the bright side, esp with the delivery of the Core Banking platform.

    Keep up the good work CBA!


There are newer employer reviews for Commonwealth Bank of Australia
There are newer employer reviews for Commonwealth Bank of Australia

See Most Recent

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