National Australia Bank

www.nab.com.au
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National Australia Bank Reviews

Updated March 4, 2015
Updated March 4, 2015
148 Reviews
3.0
148 Reviews
Rating Trends

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

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 18 reviews)

  • Offers flexible working arrangements including working from home (in 12 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  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)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.  

    Director

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

    I worked at National Australia Bank

    Pros

    Work / Life balance is good

    Cons

    Very slow to execute. Poor ability to serve clients

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    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.

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  5.  

    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

  6. 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 a 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

  7.  

    Summer analyst

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

    I worked at National Australia Bank

    Pros

    Great people, great balance, great culture

    Cons

    Lack of exposure to large corporate clients

    Recommends
    Positive Outlook
  8.  

    Standard banking job

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

    I worked at National Australia Bank

    Pros

    higher salary than other banks

    Cons

    not focus on employee work life balance

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Enjoyed working here

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

    I worked at National Australia Bank

    Pros

    Good benefits including Friday drinks, Monday fruit box etc. A good focus on learning and development.

    Cons

    Compensation, work-life balance, office culture

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    Not too recommended to work there!

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Collections Associate in Hobart CBD (Australia)
    Former Employee - Collections Associate in Hobart CBD (Australia)

    I worked at National Australia Bank part-time (less than a year)

    Pros

    The training I got here was great I actually got to work on the inbound computer system. My collegues were also very friendly!

    Cons

    Management was terrible and did not understand my hard circumstances I was going through at that particular time! I am very disappointed with my manager's toxic treatment especially when I feel it was different than others!

    Advice to ManagementAdvice

    Kindly look after your employees more carefully because they are your real capital for this business!

    Doesn't Recommend
    No opinion of CEO
  11.  

    Lumbering, process driven, risk adverse, slow change

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

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

    Pros

    invests well in training; "work life balance"; great if you have a family; flexible working

    Cons

    underperformance not managed well; below market salary especially; lack of new ideas- bulk of staff jump between ANZ "across the road" and NAB and back again; very Melbourne focussed - may not good for progression if based in Sydney; if you're willing to work hard you won't be recognised for it - the Bonus scheme is simplified (ie repeatedly watered down/deferred) because 'people were unhappy with it' - news to management is that staff can't be bothered to put in the extra now they won't be recognised it

    Advice to ManagementAdvice

    The mantra 'one way same way' does not fit. Forget the consultants and go with your gut. Banking is not a tough business in Australia (or shouldn't be) yet NAB seem to be going backwards; reintroduce performance based bonus - of course ~30% of staff would be unhappy with it-- they're the ones at the bottom of the 'curve'... am sure the ones at the top of the curve would be happier with it if you didn't keep watering it down year in year out

    Recommends
    Neutral Outlook
    No opinion of CEO

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