MLC Employee Review

I worked at MLC

Pros – Good work life balance
Interesting work and ability to work on a variety of projects
Good professional people
Management was competent for the most part

Cons – Salary review process was poor in that MLC people were reviewed with nab people and you were bell curved in a large group by managers who did not know your work.
Full time PMs did not have much over contractors. Permanent PMs were given 2-3 months to find a new project (there was no bench) and then they were retrenched. If you can, become a contractor, then you will earn more money.
Slow moving but they are a large company.
They are outsourcing more of the back office to India.
If you are in IT be a little wary because ultimately the senior management wants to outsource all of IT. They could if they would.

Advice to Senior Management – Nothing much to say, I think they are reasonably well run for a large bank. I would focus on the strategy, correctly answering what should the bank look like in 10-15 years to be successful is critical.