National Australia Bank

  www.nab.com.au
  www.nab.com.au

National Australia Bank Reviews

Updated 23 October, 2014
Updated 23 October, 2014
123 Reviews
3.1
123 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Cameron A. Clyne
64 Ratings

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 15 reviews)

  • Offers flexible working arrangements including working from home (in 11 reviews)


Cons
  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)

  • Being large means there is a lot of red tape and often there no desire to improve processes (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Employer!

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

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

    Pros

    Great work/life balance. Opportunities to volunteer in the community. Competitive salaries. Opportunity and support for personal development.

    Cons

    Poor job training for new starters.

    Advice to ManagementAdvice

    Better training for new to bank staff needed.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good people to work with but toxic management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Member At MLC
    Former Employee - Team Member At MLC

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

    Pros

    The other team members that you work with is great, the care about the customer and services provided, the quality coaches are great I can never give them enough credit!

    Cons

    The management is horrible, if they can physically make you feel incompetent and destroy self esteem they will do it! Some managers are great but the ones climbing corporate ladder will shoot you down without looking back to see if you need support. There isn't any privacy between you and your manager, they will go and gossip to every other manager and people leader so everyone knows when your falling apart! Too much politics, too many lies, to much bullying behind closed doors, very unfair and not a good place or environment in the long run.

    Advice to ManagementAdvice

    Take care of your employees, train your managers and leadership team on how to deal with employees, have empathy show that you care. Stop bullying behind closed doors and deal with issues when they arise! Do not take privacy for granted, what we say to you in confidence does not need to be repeated to 7-10 other managers, it should be reported to PAC if it needs to be looked into. I loved working there, but my manager was a two faced women, who only cared about herself and growing her career! Please ensure if you are upper management take care of those who you are looking after, it's called duty of care!!!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Quite good with right people leader & work colleagues.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at National Australia Bank

    Pros

    A safe working environment with flexible work arrangements you can suit to needs. Central location for ease of transportation offering options. Good honest work colleagues if right will make your job enjoyable and tolerable when the going gets tough.

    Cons

    If people leader has alternative ideas and is liked by senior management, worklife can be very hard as performance ratings are jaded by such subjectivity. If good at role, can be branded for life.
    Is going headlong down a road towards oblivion with partner it can control. Not good for changing course with your sails slashed and your anchor set.

    Advice to ManagementAdvice

    Needs to wake up quickly to the course currently being set before it's too late. Off-shoring hasn't been what was expected. Short term fiscal win doesn't equal long term stability.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5. 1 person found this helpful  

    Great learning but so much uncertainty and money tightening there is no room for innovation and employee satisfaction.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Product Manager in Sydney (Australia)
    Current Employee - IT Product Manager in Sydney (Australia)

    I have been working at National Australia Bank full-time (more than 5 years)

    Pros

    Career development, mid level staff and culture

    Cons

    Executive leadership, there is no strategy, lack of innovation

    Advice to ManagementAdvice

    If you are going to reduce staff numbers to save costs, that is ok but increase the benefits marginally for those still employed to make up for the increased pressure.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6.  

    challenging fast paced environment good work life balance

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

    I have been working at National Australia Bank full-time (more than an year)

    Pros

    Great employee culture
    fast paced environment'
    Good for people who like working under pressure

    Cons

    company politics
    low salaries
    more and more take less give-

    Advice to ManagementAdvice

    be transparent
    value and retain good employees - by providing good perks and incentives and treating them well
    more give less take- or atleast equal

    Recommends
    Negative Outlook
    Approves of CEO
  7.  

    Flexible Working arrangement

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

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

    Pros

    - Offers flexible working arrangements including working from home.
    - Many opportunities to move to different business units

    Cons

    - Opportunities and flexible working arrangement depends on manager
    - Salary increment is 0, not even inline with inflation

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Business Analyst - NAB

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

    I have been working at National Australia Bank full-time (less than an year)

    Pros

    Flexibility is fine but it stops there.

    Cons

    The pay is extremely average and if you join it's rare that you are paid for experience especially foreign experience.
    It is like a Government department, basically there are people working there that have only ever worked there! They have no idea. However they are paid well and they don't care

    Advice to ManagementAdvice

    Shot yourself!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Good place to work for a few years until you get bored of routine and want something new

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

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

    Pros

    good culture (depending on what area you work in), management encourage staff to find secondments and move internally

    Cons

    Melbourne is a processing/back office hub, good opportunities are rare, most people hate their jobs and cant believe they got a collage degree to do the work that they are doing.

    Advice to ManagementAdvice

    Whilst filtering through applicants stop focussing on the 'relevant experience', there should be more focus on helping people climb the learning curve, it is very difficult to make a sideways step into a new area eg a bond salesman should be allowed to work in strategy if he wanted a more analytical/strategic role and given an opportunity to learn, not rejected based on his lack of experience.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Flexible working arrangements, but no pay rises

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

    I have been working at National Australia Bank full-time (more than 5 years)

    Pros

    Offer multiple options for flexible working, including short week, working from home etc.
    Strong focus on work life balance in most areas, but can depend on individual leadership.
    Number of staff benefits available, but don't expect any "super cheap" loans like the past.

    Cons

    Despite rising profits, many Senior staff not on award have not received any pay rises over past few years (not even CPI).
    Multiple, regular restructures across the organisation which can be disruptive

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Was good in the 80's and 90's but now hampered by reliance on outsourcing (sorry partnering) undermines their success

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

    I have been working at National Australia Bank full-time (more than 10 years)

    Pros

    The people at nab are genuinely interested in doing their job well. In some teams there is a camaraderie that serves you well when times get tough.

    Cons

    Constant restructuring to "better align with the business" is an unnecessary distraction. Regular recruitment freezes and obsession with keeping BAU (business as usual) costs down combine to make the existing work force "do more for less".

    Recommends
    Positive Outlook
    Approves of CEO

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