Commonwealth Bank of Australia Employee Reviews about "red tape"

Updated 5 Dec 2020

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4.1
87%
Recommend to a Friend
93%
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Commonwealth Bank of Australia Managing Director and Chief Executive Officer Matt Comyn (no image)
Matt Comyn
765 Ratings
Pros
Cons
  • "Lots of red tape because of the nature of the business(in 91 reviews)

  • "Large organisation with barriers to manage(in 64 reviews)

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Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

Reviews about "red tape"

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  1. "Great bank"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Chief Financial Officer (CFO) in Jakarta
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    Risk first bank, truely putting customers at the centre

    Cons

    Red tape and slow to move (as many large banks are)

  2. "A good tech employer"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Executive Manager 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    Opportunities, Flexibility, Conditions, Nice Office

    Cons

    Leadership churn, excessive red tape


  3. "Get things done"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Commonwealth Bank of Australia full-time for more than 5 years

    Pros

    Collaboration, getting things done, quick pace, work place and benefits

    Cons

    Red tape, pay is below average

  4. "Nice company"

    4.0
    Current Employee - Automation Lead in Sydney

    I have been working at Commonwealth Bank of Australia full-time

    Pros

    Good work environment and good pay

    Cons

    Lots of red tape and hierarchical

  5. Helpful (1)

    "Great company that looks after it's staff"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Data Architect in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time for more than 10 years

    Pros

    Lots of interesting projects. Working with some very smart people. Career and develop opportunities. Management genuinely care about staff. Flexible work arrangements. Awesome work life balance.

    Cons

    Not always paying the best market salary... You have to really drive your own career path. A lot of red tape and governance (which is not entirely a bad thing, but sometimes cumbersome and overcautious and overkill)

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  6. "Overall great, but making positive change is difficult"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Talent Acquisition Partner in Brisbane
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time for more than a year

    Pros

    Flexibility is great so good work life balance Supportive leadership and feel comfortable bringing things up with manager Treated like adults and not micromanaged - trusted to do our jobs

    Cons

    A lot of red tape Difficult to make changes because hard to understand who "owns" different processes Lack of connection between head office processes and reality

  7. "Good place to work"

    4.0
    Current Employee - Manager, Customer Insights in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Commonwealth Bank of Australia full-time for more than 5 years

    Pros

    Good company culture Good work life balance

    Cons

    Red tape, bureaucracy, politics at senior management level

  8. Helpful (1)

    "Too much red tape"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Head of Partnerships in Sydney
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Commonwealth Bank of Australia full-time for more than 5 years

    Pros

    Used to be a great place to work with a real CAN do attitude

    Cons

    Too many chiefs - pretend to want to know but in reality don't care Cannot make a decision Terrified of risk therefore overwhelming internal red-tape

    Commonwealth Bank of Australia Response

    August 20, 2020Team

    Thank you for providing us with your feedback. We’re sorry that you’re having a poor experience. Your feedback is important to us and in order for us to take action we encourage you to speak to your MOR, contact HR direct on 1800 989 696 or raise your issue to our SpeakUp hotline on 1800 773 258.

  9. "Great place to work!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Android Developer in Sydney
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Commonwealth Bank of Australia full-time for less than a year

    Pros

    Great work life balance Supportive teams

    Cons

    Slow processes and red tape

    Commonwealth Bank of Australia Response

    July 23, 2020

    We’re happy to hear that you enjoyed your role at CommBank with a good team and work life balance. Good luck with your current and future roles and if you are on the lookout for a new opportunity, head to our career site https://www.commbank.com.au/about-us/careers.html.

  10. "Great work life balance, interesting work"

    4.0
    Former Employee - Senior Analyst 
    Recommends
    Neutral Outlook

    I worked at Commonwealth Bank of Australia full-time

    Pros

    Some really great people, work is interesting and work environment is relaxed.

    Cons

    It takes a loooong time to get anything delivered - there's a lot of red tape and people can be protective of their "kingdom".

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