National Australia Bank (NAB) provides a comprehensive package of colleague benefits designed to support financial wellbeing, health, flexibility and career growth. Below is an up-to-date, concise summary you can use as a quick reference.
Overview
Every company, whether large or small, strives to offer its employees certain benefits, bonuses, or privileges depending on the nature of its operations. Banks are no exception — they also have their own employee loyalty systems. Let’s take a closer look at this using the example of one of Australia’s largest banks — NAB (National Australia Bank).
Banking & Financial Benefits
- Banking and financial services discounts: Competitive rates and reduced fees on home loans, credit cards, insurance and more, supported by a dedicated Colleague Banking team.
- NAB Group superannuation fund: NAB Group Super as default for eligible colleagues, with low admin fees, solid long-term performance and flexible insurance options.
- Salary packaging: Ability to package non-cash benefits (e.g., vehicles, additional superannuation, parking) from pre-tax earnings.
- Year End Share Offer: Broad-based annual share award for the majority of colleagues, aligning employee and shareholder outcomes.
Health, Insurance & Wellbeing
- Health insurance: Access to discounted private health insurance through multiple leading Australian health funds.
- Health and wellbeing: Employee Assistance Program, wellbeing initiatives, annual flu vaccinations, and end-of-trip facilities at select sites.
- Mental health: Training and resources for leaders and frontline colleagues to foster a mentally healthy workplace.
- Parent, prayer and wellbeing rooms: Dedicated spaces for feeding/expressing, prayer, rest or medication in major buildings.
Leave, Flexibility & Family Support
- Flexible working: Hybrid work, job sharing, work-from-home options, flexible start/finish times and extended leave (role-dependent).
- Parental support: Superannuation paid during paid and unpaid parental leave, return-to-work payment for primary carers and support for non-primary carers across birth, surrogacy and adoption.
- Parental leave entitlement: Support for carers including 16 weeks parental leave for all carers, plus pregnancy loss and carers leave (with high return-to-work rates reported).
- Broader leave options: Defence, disaster, lifestyle, leave of absence, pre-natal, religious, special, sporting activities and volunteer leave; an additional week of paid “You Leave” for eligible roles; gender affirmation leave.
Learning, Growth & Recognition
- Learning at NAB: Access to signature programs such as Career Qualified in Banking and Distinctive Leadership, plus courses, tools and communities of practice.
- Career development: Support to excel in your current role and prepare for future opportunities across thousands of roles.
- Performance and development plan: Clear scorecards and Individual Development Plans to recognise strong performance and guide growth.
- Reward and recognition: Programs celebrating achievements and career milestones.
Need Help?
If you have additional questions, contact the NAB Careers or People teams through official NAB channels. Therefore, if you work at NAB, be sure to take advantage of the bonuses and benefits.
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