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Colonial First State

Engaged Employer

CFS employees leave due to Culture (Employee engagement) - Anonymous employee Colonial First State Employee Review

2.0
Feb 7, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- After separating from the CBA group, the organisation is trying to embark on a transformation journey that brings many opportunities. - The team, across the board, is helpful and supportive.

Cons

The cons mentioned here are of only the business unit I worked for, and these observations here do not apply to another business unit within the organisation. - Management primarily consists of YES men/women; thus, in the process of managing upwards, the work-life balance is getting worse. - High attrition rate due to lack of clear strategic direction and consistently changing goalposts since separating from CBA. - Unsustainable working environment and terrible work culture. - The organisation does not care about employee engagement even though it is a KPI. - No career progression.

Explore other reviews about Colonial First State

5.0
Jul 14, 2025
Recommend
CEO approval
Business Outlook

Pros

They are sweet to us

Cons

They are hard when you dont do work

3.0
Jun 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Reliable Pay and Multicultural Space Part time remote option available (but conditional)

Cons

Pay is at the bottom of market value KPIs are unrealistic Management even on lower levels can be based on connections and not your actual skills

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