Commonwealth Bank of Australia Reviews | Glassdoor

Commonwealth Bank of Australia Reviews

Updated March 23, 2017
673 reviews

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Full-time Part-time

673 Employee Reviews

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Pros
  • Fantastic culture and a consistent focus on People and Work/Life Balance (in 75 reviews)

  • Flexible working arrangements are common (in 54 reviews)

Cons
  • Red Tape can reduce the level of immediate impact (in 34 reviews)

  • large organisation can feel like there are obstacles when there needn't be (in 29 reviews)

More Pros and Cons

  1. "Senior Software Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    Semi-Flexible work hours.
    Some opportunities to work from home depending on project.
    Large enterprise level team.
    Opportunities to switch and move around projects.

    Cons

    Lot of internal politics that get in the way of getting projects finished. Hard to nail down responsibilities to a single person or team.

    Advice to Management

    Focus more on outcomes for customers and providing the best possible product over what suits your career goals.


  2. "Head of Corp FX Sales, Build a major client base of Fortune 500 companies that would partner well with CBA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Strong balance sheet and credit rating with smart, energetic personnel, great place to work.

    Cons

    Time zone with HQ, lack of products to sell to Fortune 500 clients.

    Advice to Management

    Continue to be who you are and expand at the right pace


  3. Helpful (1)

    "Working for an Australian Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Banker in New York, NY
    Former Employee - Banker in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Small Bank with good credit rating. Nice people, good working atmosphere where everyone knows each other and what their job functions is.

    Cons

    You will always be an Australian satellite office that operates in the same manner as home office. Systems are fragmented and outdates.

    Advice to Management

    Integration and updating of systems are definitely needed.


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  5. "x"

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

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    job security, competitive salary, breadth of work

    Cons

    slow, lack of career development opportunity

    Advice to Management

    x


  6. "Below Average"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Commonwealth Bank of Australia full-time (More than 3 years)

    Pros

    Decent people, nice office and social.

    Cons

    Management is in Sydney. Anyone that can make things happen sits half way around the world. As a result they have a distorted view of what it really takes to succeed in the U.S.

    Advice to Management

    Make a real investment in the U.S. Get rid of the dead weight and straighten out your compensation structure.


  7. "Conservative bank, nice employer on working condition, EEO and people development"

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

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Inclusive, humble and people/leaders are very kind and they value their people, invest on their career and development. Nice working environment and nice team members.

    Cons

    Too conservative sometimes and the risk-taking action/decision is not popular, which may limit the business expansion.


  8. "Get ready to become an Aussie"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Small office, so you know so much about everyone (good or bad?)

    Cons

    The Aussie way of life, H.O. have a worls away so things get done at a snails pace


  9. Helpful (1)

    "Graduate"

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

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

    Pros

    Great business and executive exposure. Learnt a lot of things about a vast magnitude of different roles. I had a lot of support and was empowered to take a lot of opportunities.

    Cons

    Could have been given more of an option in what role I was put in. I signed the contract to join as a graduate and then the role I was in was completely unrelated to my degree or experience for the first 9 months.

    Now that I'm further into the role I am also starting to find the amount of escalations, approvals and risk you have to go through to actually deliver any real results is frustrating and makes me want to join a small company and actually be enabled to deliver outcomes.

    Advice to Management

    Review the Risk Framework and bring it up to speed with the competitive environment and the strategies you want us to deliver on. I think you should be commended. Great values and social conscious. Everyone I have met has been laser focused on our customers well being.


  10. "Excellent work and life balance"

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

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    the staff is very friendly and supportive of each other. The work environment is very dynamic and ample of learning opportunities.

    Cons

    there are very less or minimal negative facts about working at CBA. It only depends on your individual goals.


  11. "CBS"

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

    I worked at Commonwealth Bank of Australia (More than 3 years)

    Pros

    Excellent training to all new employees. Management provided support once in branch.
    Career progression was planned out.
    Detailed performance reviews
    compensation was great + bonuses for meeting/exceeding targets
    lots of surprise perks

    Cons

    Sales targets were pushed hard on branch staff, difficult when in a quite branch- rely on proactive calling.



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