The Work Index by Flexa

NAB

NAB is a leading financial services group serving customers in Australia, New Zealand, and globally.

7.0

/10

Transparency ranking

Work at NAB?
Show us we're wrong

Description

NAB, or National Australia Bank, is one of Australia's largest financial institutions, offering a comprehensive range of banking and financial services to individuals, businesses, and institutions. With a global presence spanning Australia, New Zealand, Asia, Europe, and the US, NAB boasts a workforce of over 38,000 colleagues serving over eight and a half million customers. NAB is committed to sustainability, with a focus on climate action, supporting affordable housing, and backing Indigenous businesses. They also prioritize customer experience, offering diverse products and services, as well as providing support during times of crisis, including natural disasters.

NAB is dedicated to responsible corporate governance, with a framework that emphasizes strategic planning, risk management, and financial transparency. They are committed to fostering an inclusive and diverse workplace, with programs promoting gender equity, accessibility, and opportunities for First Nations Australians. NAB's focus on financial crime management includes strict compliance with anti-money laundering, counter-terrorism financing, and anti-bribery and corruption regulations, ensuring a secure environment for both the bank and its customers.

Flexibility

NAB offers a range of flexible working options to support colleagues in balancing their careers and personal lives. Many teams have embraced hybrid working, combining remote work with in-office time. Additionally, they offer job sharing, working from home, flexible start and finish times, extended leave, and other arrangements to suit individual needs.

Hybrid

Benefits

NAB offers a comprehensive range of employee benefits that cater to financial wellbeing, health and development. These benefits include competitive discounts on NAB banking products, staff club discounts on various brands and services, discounted private health insurance, a superannuation fund with low fees and flexible insurance arrangements, and salary packaging options. For health and wellbeing, NAB provides an Employee Assistance Program, wellbeing initiatives, influenza vaccination programs, parental support, flexible working options, mental health training, and designated wellness spaces. In addition to a performance and development plan, NAB offers career development programs, leadership training, and financial assistance for further study.

Enhanced parental leave
Job sharing

Mission

NAB's mission is to serve customers well and help their communities prosper. This encompasses providing a range of financial products and services, from personal banking to business and corporate solutions, while actively engaging in initiatives that promote social and environmental sustainability. NAB is committed to fostering a more inclusive and equitable society, supporting affordable housing, and taking steps to address climate change, all the while prioritizing ethical business practices and customer-centricity.

Data-driven
Environmental impact driven
Social impact led
Sustainability

Culture

NAB promotes a culture that is open, supportive and engaged, encouraging colleagues to bring their whole selves to work and be recognised for their contributions. They emphasize a focus on customers and communities, believing in making a positive impact on the world. This is fostered through a commitment to diversity, inclusion, and ethical practices, providing employees with opportunities to grow and develop their skills, while also contributing to a more sustainable future.

Agile and dynamic
Collaborative
Engaging
People-first
Progressive
Supportive
Transparent

DE&I

NAB's approach to Diversity, Equity and Inclusion (DE&I) is centered on creating a workplace where all colleagues feel valued and supported to contribute. They have a refreshed DE&I Strategy Framework which prioritizes not only diversity, but also inclusion across key colleague processes and policies. Their strategy focuses on inclusive leadership, an inclusive workplace, and customer inclusion. They have set measurable objectives for DE&I, including gender representation at all levels, fair remuneration and reducing the gender pay gap, and fostering an inclusive workplace culture where all colleagues feel comfortable being themselves and have equal opportunity to succeed.

Disability representation
Gender diverse
LGBTQ+ representatiion

Other companies