02 Nov 2017

The Bridge to help our people prepare for the future

NAB has established a best-practice career transition program, called The Bridge, to help employees who are leaving the bank prepare for the future.

NAB Chief Executive Andrew Thorburn said, “We care about our people. The world is changing fast and we must change and adapt too, to deliver for customers and become Australia and New Zealand’s most respected bank. While new roles and opportunities are opening up, regrettably, some roles will go.

“Some of our people will leave the bank, and we are announcing a new program, The Bridge, to support them,” Mr Thorburn said.  “The changes mean NAB is investing significantly more for each person who transitions out of the bank, to help them to be ready for the future and set up for success.”

“The Bridge builds on what we already provide, and includes the establishment of new Bridge Centres, small business set-up support, other training options, a new active job placement service and links to volunteering opportunities,” Mr Thorburn said.

In addition to our severance payments, NAB already offers six weeks’ paid notice, ongoing employee banking discounts, financial planning and wealth advice, counselling, outplacement services or training grants, and other support for people leaving the bank due to their roles being made redundant.

The Bridge Centres

NAB is establishing Bridge Centres where people leaving NAB can access support and resources for a period of up to six months after leaving.  These centres will help people to get future ready, assess their career options, build their resumes and social media profiles, network, prepare for interviews, and access job searches or reskilling opportunities. For those who cannot attend the centres, or prefer digital access, NAB will offer online workshops and resources, and career coaching over the telephone.

New training, employer connections and support

As part of The Bridge program NAB is also providing:

  • training to help people establish and run their own businesses;
  • a new “active placement” service where people leaving NAB can be matched with employers, including NAB business customers, searching for people with their skill set and expertise;
  • connections to not-for-profit organisations seeking volunteers or paid staff to do skilled work;
  • the option to take up a grant of $3000 to cover agreed vocational training courses and outplacement services; and
  • additional health and wellbeing activities and offers.

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