National Bank of Canada

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National Bank of Canada Reviews

Updated February 18, 2015
Updated February 18, 2015
77 Reviews
3.4
77 Reviews
Rating Trends

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National Bank of Canada President, CEO, and Director Louis Vachon
Louis Vachon
39 Ratings

Review Highlights

Pros
  • good benefits, salary, work life balance, formations (in 7 reviews)

  • Good benefits: health insurance, sometimes interesting trainings offered (in 7 reviews)


Cons
  • limited opportunities outside of Montreal ( to Quebec centric) (in 5 reviews)

  • More francophone than english so must be bilingual or french speaking to move up (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great place to work but only for a few years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    Great culture
    Great people to work with

    Cons

    No opportunities to grow
    Compensation no that great

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Busy, lots of work, very smart co-workers, lots of fun

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business/Applications Analyst in Toronto, ON (Canada)
    Former Employee - Business/Applications Analyst in Toronto, ON (Canada)

    I worked at National Bank of Canada

    Pros

    The SL team is very friendly yet when work needs to get done, they get it done. You get to learn all kinds of business aspects, programming and more.

    Cons

    long hours, lots of work

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great company, opportunities for advancement limited due to poor HR

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisor in Montreal, QC (Canada)
    Current Employee - Advisor in Montreal, QC (Canada)

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

    Pros

    Great benefits including: health, share ownership, pension, reduced borrowing rates, etc., excellent job security and flexible vacation.

    Cons

    very poor HR and opportunities for advancement limited as a result.

    Advice to ManagementAdvice

    Invest in HR

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    High targets, little career growth options, old school management, outdated systems

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

    I have been working at National Bank of Canada full-time (more than a year)

    Pros

    Great benefits, great employee loan rates.

    Cons

    I've had a horrid experience getting the training needed. Management style based on micromanagement and authority. Negative and poisonous environment. Too many systems to juggle with, outdated. Bank still in development outside the province of Quebec, therefore challenging to reach target expectations. Cheap bank where parties or team get-together are to be pulled out of your own pocket.

    Advice to ManagementAdvice

    Management should evolve. Big bully boss is of the past. This management strategy doesn't fly anymore nowadays. Just like you want clients to have a great and positive experience, employees deserve the same.

    Doesn't Recommend
    Neutral Outlook
  6.  

    Solid shop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in Toronto, ON (Canada)
    Former Employee - Analyst in Toronto, ON (Canada)

    I worked at National Bank of Canada

    Pros

    Smart people, lean teams , good office

    Cons

    Hours, a few weak employees

    Advice to ManagementAdvice

    Comp increase

    Recommends
    Neutral Outlook
  7.  

    Great job while you are still a student

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Montreal, QC (Canada)
    Current Employee - Customer Service Representative in Montreal, QC (Canada)

    I have been working at National Bank of Canada

    Pros

    flexible schedule for students
    young team
    easy-going boss

    Cons

    high turnover
    low salary
    false hope of being able to move up in the company

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Excellent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Montreal, QC (Canada)
    Former Employee - Senior Developer in Montreal, QC (Canada)

    I worked at National Bank of Canada

    Pros

    Friendly bunch of people. Can't emphasize that enough. The Quebecois have a lot of heart. It's a bilingual place, and to really fit in you must speak fluent French. I don't really, and was still treated quite well, except perhaps one time during the most fanatical phase of Pauline Marois' tenure as premier. I was taken into a room was forced to sign documents to the effect that, from now on, all correspondence - emails, everything, must be in French. They were dead serious about it. Long story short I signed. The next day, everything went back to normal, that is, we communicated in English for anything official and just to be practical. So much for the language police, it was basically just a butt covering exercise. No one cares unless you make an issue of it.

    Cons

    Lot's of restructuring during my time there. 4 major restructurings in 7 years. Everytime a new vice-president sweeps in he or she imposes his or her vision and the old ways are cast aside. Normal enough, except next year, it happens again. So that leaves management in perpertual chaos. Meanwhile the devs have a job to do, namely make everything work.

    Advice to ManagementAdvice

    So much depends on managers. I would just advise them to try and keep up with technology as much as possible. Everyone has their job to do, but some managers are just clueless about technology. The good ones are really really good though.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Administrative Assistant

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

    I worked at National Bank of Canada

    Pros

    A stable companye with strong values. Good remuneration et benefits.

    Cons

    Has lay offs too often.

    Advice to ManagementAdvice

    None.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great employer

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at National Bank of Canada

    Pros

    Growing outside of Quebec, lots of opportunities. Strong presence and reputation in Quebec.

    Cons

    Sometimes Challenging to be recognized as a leader in the market outside of Quebec but makjng great strides.

  11. 1 person found this helpful  

    Challenging projects and good teams. Excellent work/life balance. Politically complex but overall very satisfied.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Project Manager in Montreal, QC (Canada)
    Current Employee - Project Manager in Montreal, QC (Canada)

    I have been working at National Bank of Canada full-time (more than a year)

    Pros

    Challenging projects, no lack of $ to invest, good skills available to deliver your projects. Decent salary and good benefits. Excellent work/life balance.

    Cons

    Lots of politic challenges, unstable structure constantly reorganizing, hard to get a real promotion.

    Advice to ManagementAdvice

    Need more resources to deliver projects. Organisation structure is too complex and need for a knowledge management system.

    Recommends
    Positive Outlook
    Approves of CEO

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