National Australia Bank

www.nab.com.au
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National Australia Bank Reviews

Updated 13 February 2015
Updated 13 February 2015
145 Reviews
3.0
145 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Cameron A. Clyne
70 Ratings

Review Highlights

Pros
  • Emphasize work-life balance, relatively good staff benefit compare to other banks in HK (in 18 reviews)

  • Offers flexible working arrangements including working from home (in 12 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  • Bloated middle management layers; slow and centralized decision making; limited empowerment; chronically outdated IT (in 5 reviews)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.  

    Worked in Portfolio Solutions and Analytics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in London, England
    Current Employee - Analyst in London, England

    I have been working at National Australia Bank

    Pros

    Great team, great management, normal hours.

    Cons

    No real cons, good employer

    Advice to ManagementAdvice

    Maybe a bit more external training, however, the internal training is great.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 1 person found this helpful  

    VBA Developer NAB

    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at National Australia Bank as a contractor (less than a year)

    Pros

    Good contractor pay and overtime pay

    Cons

    Bad for current permanent employees

    Doesn't Recommend
    Negative Outlook
  3. 1 person found this helpful  

    Never again.

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

    I worked at National Australia Bank as a contractor (more than 3 years)

    Pros

    Some great people dotted about the place. Pays well in my opinion, but then i'd never worked in banking before joining.

    Cons

    Some middle and senior management was really really poor. Lacking in people skills, not an ounce of motivation or direction, just covering oneself and a lot of blame. Uber political.
     felt a bit like working at Pravda, you couldn't criticise anything or anyone. Lack of understanding between the locations.

    Advice to ManagementAdvice

    you do an annual anonymous (yeah right) staff survey, it was a joke when i was there because we'd highlight issues and nothing would change.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Good employer particularly for people with families

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in Glasgow, Scotland
    Current Employee - Team Leader in Glasgow, Scotland

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

    Pros

    Contact centres are family flexible

    Cons

    Systems and processes are quite behind the times

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Enjoyed working here

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

    I worked at National Australia Bank

    Pros

    Good benefits including Friday drinks, Monday fruit box etc. A good focus on learning and development.

    Cons

    Compensation, work-life balance, office culture

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Analyst

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

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

    Pros

    Good opp for future development

    Cons

    long hours, average pay level

    Advice to ManagementAdvice

    career delveopment focus, more training

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Lumbering, process driven, risk adverse, slow change

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

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

    Pros

    invests well in training; "work life balance"; great if you have a family; flexible working

    Cons

    underperformance not managed well; below market salary especially; lack of new ideas- bulk of staff jump between ANZ "across the road" and NAB and back again; very Melbourne focussed - may not good for progression if based in Sydney; if you're willing to work hard you won't be recognised for it - the Bonus scheme is simplified (ie repeatedly watered down/deferred) because 'people were unhappy with it' - news to management is that staff can't be bothered to put in the extra now they won't be recognised it

    Advice to ManagementAdvice

    The mantra 'one way same way' does not fit. Forget the consultants and go with your gut. Banking is not a tough business in Australia (or shouldn't be) yet NAB seem to be going backwards; reintroduce performance based bonus - of course ~30% of staff would be unhappy with it-- they're the ones at the bottom of the 'curve'... am sure the ones at the top of the curve would be happier with it if you didn't keep watering it down year in year out

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    "Too much politics"

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

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

    Pros

    -Flexible work hours
    -Opportunity to move up
    -Decent salary

    Cons

    -Too many people in management that are clueless
    -Too much progression from who you know rather than what you know
    -Not much of personal development at work unless self initiated

    Advice to ManagementAdvice

    Stop promoting people who are great at sucking up. Promote more due to merit. Let staff have the opportunities to role shadow more frequently.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    internet banking advisor

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at National Australia Bank full-time (less than a year)

    Pros

    good pay at this job

    Cons

    complaints were annoying from customers

    Doesn't Recommend
  11.  

    I enjoyed my time at NAB

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Customer Credit Representative in North Sydney (Australia)
    Former Contractor - Customer Credit Representative in North Sydney (Australia)

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

    Pros

    Good people, good long term employer with many benefits

    Cons

    * Poor internal systems
    * Managers that lack the experience
    * Poor organisational planning
    * Lack of incentives to do well

    Advice to ManagementAdvice

    * Place front-line managers into training for further development to become people managers
    * Upgrade systems
    * Improve information flow

    Recommends
    Neutral Outlook

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