National Australia Bank Reviews

Updated July 21, 2015
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152 Employee Reviews

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  1. A company that invests in its people, though plagued by internal politics.

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

    I have been working at National Australia Bank

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    The company is a very large Australian oriented organisation. It grants employees multiple opportunities to move within, and they are open to internal hiring and looking out for their own.

    Cons

    You will spend more time dealing with internal politics and systematic/procedural inefficiencies than adding value to the underlying business. Often this translates into 50-60 hr weeks if you want to perform.

    Advice to Management

    You need to shape-up and become more agile in general. Your archaic model for choosing/removing technology as well as general procedure implementation are holding you back with respect to local competition; look at your stock prices relative to the other big 3.


  2. Helpful (1)

    worst experience ever

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

    I worked at National Australia Bank

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    there is no pros about it

    Cons

    poor training constant misleading lies to employees

    Advice to Management

    fire yourselves cause you're doing a crap job now


  3. Summer analyst

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

    I worked at National Australia Bank

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great people, great balance, great culture

    Cons

    Lack of exposure to large corporate clients


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  5. Helpful (1)

    Not too recommended to work there!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    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)

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

    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 Management

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


  6. 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


  7. 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


  8. Helpful (2)

    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


  9. 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


  10. Helpful (2)

    "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.


  11. 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



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