National Australia Bank Reviews

Updated June 19, 2015
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148 Employee Reviews

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  1. Helpful (1)

    Enjoyed working here

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

    I worked at National Australia Bank

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

    Pros

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

    Cons

    Compensation, work-life balance, office culture


  2. Standard banking job

    • 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

    higher salary than other banks

    Cons

    not focus on employee work life balance


  3. Helpful (1)

    Lumbering, process driven, risk adverse, slow change

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    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)

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

    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 Management

    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


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  5. Analyst

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good opp for future development

    Cons

    long hours, average pay level

    Advice to Management

    career delveopment focus, more training


  6. Helpful (1)

    "Too much politics"

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

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

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

    Pros

    -Flexible work hours
    -Opportunity to move up
    -Decent salary

    Cons

    -Too many people in management that are clueless
    -Too much progression from who you know rather than what you know
    -Not much of personal development at work unless self initiated

    Advice to Management

    Stop promoting people who are great at sucking up. Promote more due to merit. Let staff have the opportunities to role shadow more frequently.


  7. Helpful (1)

    internet banking advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Doesn't Recommend
    Doesn't Recommend

    Pros

    good pay at this job

    Cons

    complaints were annoying from customers


  8. Helpful (3)

    So many restructures!!! Short termism and power plays currently rullng.

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

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

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

    Pros

    * Work / Life balance outside of sales roles.
    * Friendly people outside of middle management.

    Cons

    * Melbourne-centric.
    * Some middle management staff have little to no EQ / People Skills and don't care - but manage upwards so well that they stay in charge of their teams, even to the destruction of other people's careers.
    * IT needs an overhaul.

    Advice to Management

    Conduct multi-level skip interviews as some leaders are so brazenly two faced it's scary.

    Get IT fixed up before something blows up.


  9. Worked in Portfolio Solutions and Analytics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in London, England (UK)
    Current Employee - Analyst in London, England (UK)

    I have been working at National Australia Bank

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great team, great management, normal hours.

    Cons

    No real cons, good employer

    Advice to Management

    Maybe a bit more external training, however, the internal training is great.


  10. Analyst

    • 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

    Flexible working hrs, and work station

    Cons

    Lack of team work and management guidance
    No many systems to work


  11. Don't work for NAB if you aren't prepared to sell their product at every opportunity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    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

    Good team-focused environment and work-life balance

    Cons

    Too focused on selling their product to customers



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