Westpac Banking

www.westpac.com.au
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There are newer employer reviews for Westpac Banking

 

Ordinary

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Channel Manager in Sydney (Australia)
Former Employee - Channel Manager in Sydney (Australia)

I worked at Westpac Banking

Pros

There is a great team of people which makes it easy to work with.
Some great oppurunities are in front of Westpac and it was exciting to see things get done, sometimes

Cons

Difficulty with management who control everything and if it doesn't suit their own objectives it gets crushed
Slow and beaurocratic, while this can be relevant for such a regulated industry it does make it difficult at times to be productive

Advice to ManagementAdvice

Remove some of the red tape which makes innovation and development difficult.
Identify when senior management are not performing and the advice that is given by their direct reports and take action.

Doesn't Recommend
No opinion of CEO

108 Other Employee Reviews for Westpac Banking (View Most Recent)

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  1.  

    It is a workplace that promotes a balance of lifestyle and professional achievements

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Westpac Banking

    Pros

    Worklife balance
    Variety of opportunities
    Career advancements

    Cons

    Bureaucracy, speed to respond to market

    Recommends
    No opinion of CEO
  2. 1 person found this helpful  

    Promotions are given to staff who 'suck up' to their managers and talk themselves up.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Compliance Manager in Sydney (Australia)
    Former Employee - Compliance Manager in Sydney (Australia)

    I worked at Westpac Banking

    Pros

    Flexible working hours was one of the reasons why I stayed in Westpac. It allowed me to achieve work/life balance.
    Westpac provides study assistance to employees seeking to improve their skills through undergraduate and post graduate studies.

    Cons

    There are too many 'chiefs' and not enough 'indians' to do the jobs at the coal-face. There is a persistent culture in Westpac to create pyramid structures and numerous management layers which does not really assist in information dissemination and transparency in decision-making processes.

    There are people in senior management who are technically superior in their area of expertise but extremely lacking in people management and coaching skills. Senior management appear to be internally focused on nurturing their careers and not as much on nurturing the careers of the people reporting to them.

    Advice to ManagementAdvice

    Over the years, Westpac has changed from an employer who looked after all of its employees to an employer whose main priority is to please shareholders. Westpac only plays lip service to its espoused values. Every year there is a restructure and every year, good people leave the organisation out of frustration of disillusionment. What happened to Westpac's honesty and integrity in the way it deals with its employees?

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for Westpac Banking

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