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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

2.0
May 20, 2026
Recommend
CEO approval
Business outlook

Pros

Good CBD location Life leave and birthday leave Decent salary and yearly bonus Mentoring and skills workshops available

Cons

Not very stable. There was a lot of restructuring and redundancies during my time there. In my department there were people who resigned without having another job lined up. It was sad to see many good people leave.

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