National Australia Bank Reviews

Updated July 6, 2015
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3.1
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Recommend to a friend
Approve of CEO
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Cameron A. Clyne
71 Ratings

Pros
  • Work-life balance, opportunities to work in different departments (in 18 reviews)

  • Offers flexible working arrangements including working from home (in 12 reviews)

Cons
  • Being a large organization, NAB suffers some of the same issues as other very large companies in terms of slowness in decision making and execution (in 5 reviews)

  • Being large means there is a lot of red tape and often there no desire to improve processes (in 5 reviews)

More Pros and Cons

149 Employee Reviews

Sort: Popular Rating Date
  1. Business Banking Associate

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

    I worked at National Australia Bank

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Pay, career prospects, technology , size

    Cons

    Sales driven, pressure, under staffed.

    Advice to Management

    Good management


  2. Director

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

    I worked at National Australia Bank

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

    Pros

    Work / Life balance is good

    Cons

    Very slow to execute. Poor ability to serve clients


  3. Best employer have ever worked for.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at National Australia Bank

    Pros

    Good career pathways; numerous career opportunities.

    Cons

    Salary level not as comparable compare to any other banks in Australia for similar roles.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Great company to work for. Innovative

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank

    Pros

    Fair to employees and empowering culture. Strong company values and excellent support of personal work-life situations. Willing to invest in technology to provide great customer experiences.

    Cons

    Being a large organization, NAB suffers some of the same issues as other very large companies in terms of slowness in decision making and execution.

    Advice to Management

    Find a way to move the decision process to another level in terms of speed to final decision from initial recommendations.


  6. Helpful (1)

    work environment

    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

    I worked at National Australia Bank full-time (More than a year)

    Pros

    none. the people are still in the bush

    Cons

    not very bright people. prepare to dumb yourself down

    Advice to Management

    get with it


  7. Okay

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank

    Pros

    Great Money, fun people, alright place to work

    Cons

    Working in the Collections Department

    Advice to Management

    Have more Tech ready


  8. Great culture

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

    I have been working at National Australia Bank full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    - great culture, everyone has a friendly and helping attitude. team leaders are supportive.
    - you can talk about your career plans comfortably, and there are development plans to work towards your career goals.
    - you can voice any concerns and provide feedback, and they will look into them.
    - team of roughly 40 paraplanners, with a technical support team, plus team leaders, so you are never left in the dark with not knowing what to do.
    - you can work from work some days.
    - option to take on some side projects if the opportunity comes up.

    Cons

    - SOA requires heaps of editing, format of the SOA doesn't look to appealing either, so you need to spend quite a fair amount of time in Word Doc after merging the SOA.
    - some paraplanners struggle with hitting productivity targets. I think most of it has to do with the inefficiencies of X-Plan and the SOA templates

    Advice to Management

    Try completing an SOA, and get a feel for how much editing is involved after merging an SOA via X-Plan


  9. Short-lived but would go back

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Direct Service Advisor in Melbourne (Australia)
    Former Employee - Direct Service Advisor in Melbourne (Australia)

    I worked at National Australia Bank full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    I've worked at a number of financial institutions and NAB by far has a great company culture. They really encourage lateral career movement.

    Cons

    Not enough solid training for call centre roles which made many new team members anxious.


  10. Good Company

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

    I worked at National Australia Bank part-time

    Pros

    Training is interesting, work is really good and pay is impressive

    Cons

    Fast paced means the need to keep up

    Advice to Management

    Get in some fresh blood, pay attention to improve skills of employees


  11. Lagging behind peers in profit and growth, clear risk of becoming "Big 3 banks plus NAB"

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

    I have been working at National Australia Bank (More than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Nice offices especially 700Bourke st
    Good lifestyle which is geared towards life in work/life balance, as flexibility to work from home and flexi days
    New CEO has a clear vision and early execution looks promising
    Maturing Project Management model

    Cons

    1. Technology is a shamble, cannot execute transformational projects
    2. People are very concerned and resilient to change,
    3. Career development is slow compared to other Banks,
    4. Clear demarcation between NAB and MLC work("us vs them" and Melbourne/Sydney attitude)

    Advice to Management

    Andrew Thorburn has done a great job and retreating from US, UK and Life Insurance business and focusing on Aus & NZ is good short term strategy. However, from a long term perspective, as NAB competitors planning to expand in Asia and eat into NAB australia business banking, NAB risks trailing its competitors.



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