National Australia Bank

  www.nab.com.au
  www.nab.com.au

National Australia Bank Reviews

Updated October 16, 2014
Updated October 16, 2014
121 Reviews
3.1
121 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Cameron A. Clyne
63 Ratings

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 15 reviews)

  • Good people management fundamentals, flexible working & staff benefits (in 10 reviews)


Cons
  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    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.

  2.  

    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 ManagementAdvice

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

  3.  

    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 ManagementAdvice

    Have more Tech ready

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 1 person found this helpful  

    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 an year)

    Pros

    none. the people are still in the bush

    Cons

    not very bright people. prepare to dumb yourself down

    Advice to ManagementAdvice

    get with it

  6.  

    Flexible Working arrangement

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

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

    Pros

    - Offers flexible working arrangements including working from home.
    - Many opportunities to move to different business units

    Cons

    - Opportunities and flexible working arrangement depends on manager
    - Salary increment is 0, not even inline with inflation

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Quite good with right people leader & work colleagues.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at National Australia Bank

    Pros

    A safe working environment with flexible work arrangements you can suit to needs. Central location for ease of transportation offering options. Good honest work colleagues if right will make your job enjoyable and tolerable when the going gets tough.

    Cons

    If people leader has alternative ideas and is liked by senior management, worklife can be very hard as performance ratings are jaded by such subjectivity. If good at role, can be branded for life.
    Is going headlong down a road towards oblivion with partner it can control. Not good for changing course with your sails slashed and your anchor set.

    Advice to ManagementAdvice

    Needs to wake up quickly to the course currently being set before it's too late. Off-shoring hasn't been what was expected. Short term fiscal win doesn't equal long term stability.

  8. 1 person found this helpful  

    Great learning but so much uncertainty and money tightening there is no room for innovation and employee satisfaction.

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

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

    Pros

    Career development, mid level staff and culture

    Cons

    Executive leadership, there is no strategy, lack of innovation

    Advice to ManagementAdvice

    If you are going to reduce staff numbers to save costs, that is ok but increase the benefits marginally for those still employed to make up for the increased pressure.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    challenging fast paced environment good work life balance

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

    I have been working at National Australia Bank full-time (more than an year)

    Pros

    Great employee culture
    fast paced environment'
    Good for people who like working under pressure

    Cons

    company politics
    low salaries
    more and more take less give-

    Advice to ManagementAdvice

    be transparent
    value and retain good employees - by providing good perks and incentives and treating them well
    more give less take- or atleast equal

    Recommends
    Negative Outlook
    Approves of CEO
  10. 1 person found this helpful  

    Business Analyst - NAB

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

    I have been working at National Australia Bank full-time (less than an year)

    Pros

    Flexibility is fine but it stops there.

    Cons

    The pay is extremely average and if you join it's rare that you are paid for experience especially foreign experience.
    It is like a Government department, basically there are people working there that have only ever worked there! They have no idea. However they are paid well and they don't care

    Advice to ManagementAdvice

    Shot yourself!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Good place to work for a few years until you get bored of routine and want something new

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

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

    Pros

    good culture (depending on what area you work in), management encourage staff to find secondments and move internally

    Cons

    Melbourne is a processing/back office hub, good opportunities are rare, most people hate their jobs and cant believe they got a collage degree to do the work that they are doing.

    Advice to ManagementAdvice

    Whilst filtering through applicants stop focussing on the 'relevant experience', there should be more focus on helping people climb the learning curve, it is very difficult to make a sideways step into a new area eg a bond salesman should be allowed to work in strategy if he wanted a more analytical/strategic role and given an opportunity to learn, not rejected based on his lack of experience.

    Recommends
    Positive Outlook
    Approves of CEO

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