Does Colonial First State pay their employees well?

According to anonymously submitted Glassdoor reviews, Colonial First State employees rate their compensation and benefits as 3.1 out of 5. Find out more about salaries and benefits at Colonial First State. This rating has decreased by 7% over the last 12 months.

How satisfied are employees working at Colonial First State?

46% of Colonial First State employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Colonial First State 3.3 out of 5 for work life balance, 3.2 for culture and values and 3.0 for career opportunities.

What are the top reviewed jobs at Colonial First State?

Customer Service Representative (7) , Financial Services Administrator (7) , Fund Accountant (7) , Manager (6) , Senior Business Analyst (6) , Contact Center Representative (5) , Contact Centre Representative (5) , Platform Operations Specialist (4) , Project Manager (4) , Senior Manager (4) , Senior Product Manager (4) , Administrator (3) , Case Manager (3) , Financial Consultant (3) , Product Manager (3)

What are the pros of working at Colonial First State according to real employee reviews?

"Good culture and team environment" ((in 31 reviews)); "The people are great with a lot of knowledge and skills." ((in 21 reviews)); "Great work life balance...." ((in 10 reviews)); "Flexible work from home arrangements though the company is looking to mandate 3 days per week" ((in 8 reviews)); "Decent training and development when first starting" ((in 6 reviews))

What are the cons of working at Colonial First State according to real employee reviews?

"Pay could be better structure" ((in 11 reviews)); "Sometimes can be poor management." ((in 11 reviews)); "Low salary and no growth opportunities" ((in 6 reviews)); "No career progression for software developers." ((in 6 reviews)); "Many managers are incompetent but were promoted because they stay there long enough." ((in 5 reviews))

What are the top reviewed Colonial First State locations?

Sydney , Melbourne , Hawthorn East , Hawthorn , Camberwell , Darling Harbour , Victoria Estate , East Melbourne , Victoria, Australia

Colonial First State reviews

3.5

46% would recommend to a friend

(52 total reviews)

51% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (52 reviews)

Reviews by job title

52 reviews

Reviews about "Management"

Return to all reviews

1.0

Jun 25, 2026

Great location but micromanagement is a problem

Product analyst

Recommend

CEO approval

Business Outlook

Pros

In Sydney CBD with lots of food options

Cons

Micromanaging managers and you have to suck up to management

3.0

Jun 18, 2026

Reliable pay but low market value and unrealistic KPIs

Financial services administrator

Recommend

CEO approval

Business Outlook

Pros

Reliable Pay and Multicultural Space Part time remote option available (but conditional)

Cons

Pay is at the bottom of market value KPIs are unrealistic Management even on lower levels can be based on connections and not your actual skills

4.0

May 29, 2026

Flexible work and supportive culture, but instability persists

Senior financial accountant

Recommend

CEO approval

Business Outlook

Pros

Flexible working arrangements, team culture friendly, great career progression, supporting management

Cons

Recent years following lots of restructure, and system migration, work not stable.

Viewing 1 - 3 of 52 Reviews

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