National Australia Bank Reviews | Glassdoor

National Australia Bank Reviews

Updated December 5, 2017
135 reviews

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3.0
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Andrew Thorburn
30 Ratings

135 Employee Reviews

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Pros
Cons
  • Regional management didnt seem to care to much for the front house employees, systems are putdated compared to other banks, work life balance hard (in 7 reviews)

  • Red Tape; Systems needing improved; over reliance in self service when it is difficult to actually find info; large number of restructures (in 12 reviews)

More Pros and Cons

  1. "Business Banking"

    StarStarStarStarStar
    • 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 full-time

    Pros

    - Great team spirit
    - Supportive managers

    Cons

    - Work is repeative
    - No clear path for professional development in Business Banking


  2. "review"

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

    I have been working at National Australia Bank (More than 8 years)

    Pros

    great work life balance, nice people

    Cons

    no loyalty to the employees

    Advice to Management

    make decisions too quick and in many cases reverse them

  3. "Okay"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great Money, fun people, alright place to work

    Cons

    Working in the Collections Department

    Advice to Management

    Have more Tech ready


  4. "Mainly Pros - but some cons."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at National Australia Bank full-time

    Pros

    - Wonderful people
    - An organisation you can be proud of
    - Plenty of opportunities to progress

    Cons

    - Highly political climate
    - Poor performance is sometimes mismanaged


  5. "So much potential but swamped by bureaucracy and lousy execution"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consultant in Melbourne (Australia)
    Former Employee - Senior Consultant in Melbourne (Australia)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at National Australia Bank full-time (More than 5 years)

    Pros

    - Relatively high salaries
    - Some great people to work with
    - Large organisation with lots of opportunities

    Cons

    - Long-term strategy compromised by obsession with short-term returns
    - Stifling bureaucracy and too excited by new fads - Kaizen, Agile, Journeys...
    - Project execution is terrible - takes forever and rarely achieve objectives
    - Perpetual restructuring resulting in significant hit to morale and business activity
    - There are senior business leaders that contradict values and are not held to account or lack the required experience

    Advice to Management

    Really strong base and talented people but that potential is hampered. Look beyond short-term returns, ditch the business model fads, take a deeper interest in how your leaders are actually operating, and start executing major projects well.


  6. "Good enough, but not astounding"

    StarStarStarStarStar
    • 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 full-time

    Pros

    Swanky offices. Lots of opportunity exist to move around and get a new role internally in other teams and departments and offices.

    Cons

    The performance review process is very complex and confusing and does not really encourage people to feel that they can own their own career progression.

    Advice to Management

    My advice to management would be to ferret out the parts of the business which are toxic, and really face up to the challenges they present.


  7. "Okay company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Verification Banker in Melbourne (Australia)
    Former Contractor - Verification Banker in Melbourne (Australia)

    I worked at National Australia Bank as a contractor (Less than a year)

    Pros

    Friendly colleagues
    Supportive environment and management

    Cons

    Too big so procedures and policies are complex
    No fixed work station. Employees were given a laptop and needed to lock it away in the locker at the end of the day and reassemble it again in the morning. This was very time consuming.

    Employees were mostly hired on a contractual basis so there was not much long term commitment to the bank. Also the bank didnot offer benefits to contractual staff

  8. "Financial Planner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Planner in Melbourne (Australia)
    Former Employee - Financial Planner in Melbourne (Australia)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Excellent training in sales and financial planning
    Supportive of further education
    Flexible work schedule allows for a good work life balance

    Cons

    Low base pay when compared to industry you will have to hit your targets to get bonuses to make a decent salary

    Advice to Management

    Focus on planners that put the client first rather than reward and praise those planners who 'shoot the lights out' it seems that a lot of those planners turn out to be dodgy


  9. "Planning Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at National Australia Bank full-time

    Pros

    Flexible work environment
    Close relationships with colleagues
    Higher than average pay rate

    Cons

    Political
    Perks for customer but not for employee


  10. "Unit pricing"

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

    Pros

    experience, good exposure, big clients

    Cons

    very small cog in a big wheel. managers were ineffective and self serving


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