Australia and New Zealand Banking Reviews in Australia | Glassdoor

Australia and New Zealand Banking Australia Reviews

Updated May 22, 2017
226 reviews

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3.3
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Australia and New Zealand Banking CEO Shayne Elliott
Shayne Elliott
30 Ratings

226 Employee Reviews

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Pros
Cons
  • Doesn't really help the balanced work life balance" (in 16 reviews) (in 18 reviews)

  • Lots of confused and tired senior management (in 27 reviews)

More Pros and Cons

  1. "Long time ANZ Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Australia and New Zealand Banking full-time (More than 10 years)

    Pros

    Great location, facilities, people, rewards

    Cons

    Cost constrained, technology is a real issue

    Advice to Management

    Put the customer first at all times


  2. "work life balance"

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

    I have been working at Australia and New Zealand Banking (More than 3 years)

    Pros

    Good work life balance, friendly atmosphere, generally friendly and helpful colleagues

    Cons

    very little career progression. departments may be balkanised.

    Advice to Management

    pay attention to grooming employees


  3. "Program Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Anonymous Contractor in Melbourne (Australia)
    Former Contractor - Anonymous Contractor in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Australia and New Zealand Banking as a contractor (More than 3 years)

    Pros

    Can be very good depending on the project or program.

    Cons

    Beauracracy slows down delivery and ultimately costs the bank money.
    Some very senior managers have no respect for staff - perms or contractors.


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  5. "Personal Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Sydney (Australia)
    Current Employee - Personal Banker in Sydney (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Australia and New Zealand Banking full-time (More than a year)

    Pros

    Entry level job of banking, can really learn a lot from this position

    Cons

    Unachievable target, almost impossible to get incentive. It's a low pay job but you need to take a lot of responsibilities.

    Advice to Management

    If you love sales and customer service, and not afraid to handle compliant; then it is the job for you.


  6. Helpful (1)

    "Old school Australian bank, good work-life balance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Manager in Sydney (Australia)
    Former Employee - Business Manager in Sydney (Australia)
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Australia and New Zealand Banking full-time (More than 5 years)

    Pros

    Work-life balance is great at ANZ. No long working hours and lifestyle leave or sabbaticals are accepted. International positions are usually filled with internal candidates being transferred from Australia or NZ

    Cons

    Decisions take way too long and responsibilities are 'shared' (i.e. nobody is responsible) even at mgmt board level. This results in pretty low engagement on the employee level.


  7. "Keep your eyes open"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Melbourne (Australia)
    Former Employee - Anonymous Employee in Melbourne (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    ANZ still has a sizeable head office in Melbourne, so this gives you lots of opportunity to explore. Working in the Docklands building gives you a sense of community and in Winter, you need never go outside until you're ready for home.

    Cons

    The structure is very flat in some areas which creates frustration for those wanting to expand their horizons. Hopefully Shayne Elliott is ridding himself of more of the deadwood.

    Advice to Management

    Stop rewarding bad behaviour and protecting bullies!


  8. "Personal Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Sydney (Australia)
    Former Employee - Personal Banker in Sydney (Australia)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Australia and New Zealand Banking (Less than a year)

    Pros

    Flexible working hours, great coworkers

    Cons

    Tough sales targets and pressure to achieve them

    Advice to Management

    More realistic sales targets


  9. "Better than other big four"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Sydney (Australia)
    Former Employee - Analyst in Sydney (Australia)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Australia and New Zealand Banking (More than 3 years)

    Pros

    Better Salary, Flexible work hours

    Cons

    You have to slog to get promoted

    Advice to Management

    Look after your employees


  10. "Relationhip Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in Perth, Western Australia (Australia)
    Former Employee - Relationship Manager in Perth, Western Australia (Australia)

    I worked at Australia and New Zealand Banking full-time (More than 3 years)

    Pros

    Good progression opportunities for individuals who perform.

    Cons

    Not a great work life balance.

    Advice to Management

    Prioritise employee welfare and emphasise the need for a correct worklife balance (to ensure longevity in roles).


  11. "Little opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Current Employee - Anonymous Employee in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Australia and New Zealand Banking (More than 3 years)

    Pros

    Good local people (mostly).

    Cons

    Little opportunity to progress as senior managers in this state do not move.


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