South African Reserve Bank
4,3 out of 5 stars.
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South African Reserve Bank Employee Reviews

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South Africa91 reviews

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4,1Work-Life Balance

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Great place

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It is a cool place to work for everyone is welcoming, it has a culture of it's own, thsy also promote self growth and learning new things.Place is always clean.
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Security of job and zero crime tolerance.

Job security, friendly staff, collaborative, executive that are not preaching, but actively involved and tone from the top. Risk averse and slow paced.

Pros

Work from home and all digital tools

Cons

Lack of promotions
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Exciting work place

Excellent, challenging and demanding at times. Methods and standards not yet matured. The bank still trying to adopt agile methodologies but still on water fall. Business architecture it’s new and just getting off the ground. The bank also offers free gym to employees which is a good thing.

Pros

Subsidised lunch

Cons

Sometimes slow and laid back
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Lots of growth opportunities, but too much red tape.

The staff at the SARB are fantastic and willing to share information and to help where needed. Many bright people work there, so there is lots to learn and people are willing to listen to you if you will add value. There is also lots of opportunity to improve how things work there.In many respects the company's red tape makes getting things done difficult. Many decisions are made by committee, which can get frustrating, and people below a certain level of employment are not empowered to make decisions, which is disheartening.

Pros

Great employee benefits

Cons

Red tape, decision by committee, Bbbee
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Great place to work

I enjoyed working there for my learneraship. It has been the best place i have ever worked actually. Great work culture. Also not as formal as it looks from the outside. I would not mind working there again.

Pros

Onsite lunch
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Emplyees vs. Management

The employees of the bank are friendly and there's a generally good culture in the bank. The middle Management team on the otherhand are not very friendly and have drawn an invisible barrier between themselves and the rest of the employees. The "open-door" policy did not exist and when confided in, the particular Manager I reported to would discuss what I had told him in confidence with other employees.

Pros

Shuttle services to Gautrain Station and the subsidised lunches.

Cons

Contractors contracted to work for the bank are treated like total outsiders
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Benefits are amazing and the management style can be improved

I enjoy my job a lot as it is not repetitive, I get to work with new content each time. A typical day starts at 7:30 am and ends at 16:00 pm. Thereafter it's the gym, which is on the premises and available for free. The management style can be improved.

Pros

Free lunches and gym

Cons

Formal wear all week
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Generous

The reserve Bank is the most organization you can work for whereby you won't regret working for them they look after their employees they got the wellness center, gymnasium and cafeteria they even offer their employees parking

Pros

Free parking

Cons

Long hours
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Risk management task

Management of day to day risks. Compilation of risk management registers and risk universe. Compilation of operational risk management assessments. Risk management processes
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Okay workplace, management needs improvement

Stringent and strict managers who micromanage the most out of you. Constantly busy, no time to relax, feeling underappreciated the list goes on. I can keep going
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Productive and Fun

Nice to work in Central Bank with good ethics and follow timely deadlines as first priority.. Environment is good by collaborating with each other .
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great empoyee relationships

everybody worked well together.friendly staff and management.everybody shown the necessary respect for one another.we worked together not just as a team but as a family.all problems concerning the work and fellow staff get sorted out immediately.
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Great company to work for.

Great benefits and job security. Opportunities to learn locally and internationally. Good brand. Exposure to economic matters irrespective of the field of work.
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Great employer

Secured company to work for, they value their employees. They have valuable benefits that each employee needs as a person. It’s employees are the best assets
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Very good overall benefits including medical aid

A great place to work for, great benefits, job security. fun workplace is terms of different team building activity, Christmas lunches, open days with family if you're into that kind of thing.

Pros

canteen with a variety of meals also Wiesenhof on site

Cons

career development does not work for everyone
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Best Employer

SARB is one of the best employers in the country. The employees have a lot of benefits that no company can match. Sadly I had to leave because I was not growing in my career
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Review of SARB

a Very good place to work for. The Salary and perks for employees are above average. There are unlimited opportunity for employees to study further for free.
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Good employer

Integrity, able to further my studies, able to move from one department to another to learn more skills. They also develop their employees for leaders position
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team orientated and goal driven

Everybody comes together to meet the reserve bank vision and mission in a very collaborative manner. The vision and mission are clearly outlined at the beginning of the year.
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productive fun place to learn, grow and relaxed

I got the opportunity to do my WILP program there and meet everyone on a lively mood, I have learnt so much especially from a bank that people think doesn't have engineering departments. it's culture and environment is amazing, there is room for growth.
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growth opportunities

there are limited opportunities for growth to junior stuff within the Bank and they only offered promotions to senior employees.they do offer best internal training opportunities and short courses.
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Overall rating

Based on 92 reviews

Ratings by category

4,1 out of 5 stars for Work/Life Balance
4,2 out of 5 stars for Salary/Benefits
4,0 out of 5 stars for Job Security/Advancement
3,8 out of 5 stars for Management
3,8 out of 5 stars for Culture
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