Absa reviews

3.8

76% would recommend to a friend

(1,070 total reviews)
avatar

René van Wyk

88% approve of CEO

72% positive business outlook

Absa has an employee rating of 3.8 out of 5 stars, based on 1,070 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Absa employee rating is in line with the average (within 1 standard deviation) for employers within the Finanza industry (3.7 stars).

Reviews by job title

1K reviews
2.0
Jul 18, 2023

Culture

Recommend
CEO approval
Business Outlook

Pros

Big in Size and structure.

Cons

Slow growth and easy to get too comfortable in one position.

3.0
Jun 14, 2023

Contract Workers

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Recognized brand Great offices Education and compliance training

Cons

Unstable contracts that can end sooner than expected Job requirements are not as advertised

1.0
May 8, 2023
Recommend
CEO approval
Business Outlook

Pros

- Higher base pay than most of the market. I suppose this is needed to attract talent as staff turnover is quite high. However, bonus pay and overall pay much lower than the market so need to pick your preference

Cons

- Long hours as typically understaffed in key areas so have to do most tasks yourself (even outside your area e.g Legal drafting) - Extremely hierarchical until they need to blame you for something - Noticeable brain drain - even clients comment about this a lot. - Most people want to leave but cant - Culture very toxic and lack of movement at higher levels of management means that you can get stuck from a career perspective - Star performers not rewarded in line with their performance. Have arbitrary ways of determining compensation - Witch-hunt culture. Have seen many bright employees ostracised and chased out to protect non value adding poor performers

Viewing 13 - 15 of 1,070 Reviews

Glassdoor has 1,433 Absa reviews submitted anonymously by Absa employees. Read employee reviews and ratings on Glassdoor to decide if Absa is right for you.