Westpac Banking Reviews

Updated August 11, 2014
Updated August 11, 2014
79 Reviews

3.5
79 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Westpac Banking Managing Director and CEO Gail P. Kelly
Gail P. Kelly
47 Ratings

Review Highlights

Pros
  • Good Work/Life Balance, really suited to people with families (in 17 reviews)

  • plenty of opportunities, large organisation (in 4 reviews)


Cons
  • No responsibility taken by senior management - finger is always pointed at others (in 7 reviews)

  • This is the domestic commercial bank for people who want work life balance (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    It's an Australian Commercial Bank

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

    I have been working at Westpac Banking full-time for more than 8 years

    Pros

    Depending on the area you work in, there's lots of opportunity to get exposure to a range of products and functions across the bank. Reasonable work life balance. The maternity and working arrangements are very generous if you're a younger woman starting a family.

    Cons

    As a few other people have mentioned, it can be ridiculously bureaucratic. Decision making is a long, protracted process, which seems to be an attempt at avoiding responsibility by mutualising everything. Information hoarding and "managing up" are common.

    Advice to ManagementAdvice

    Give staff their autonomy, but make them accountable for their decisions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    it has a flexible working environment and other colleages are supportive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller  in  Sydney (Australia)
    Current Employee - Teller in Sydney (Australia)

    I have been working at Westpac Banking full-time for more than a year

    Pros

    good location and flexible working hours.

    Cons

    busy. alwyas busy. it depends on brach to branch

    Advice to ManagementAdvice

    good management , always supportive to their employees

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    career opportunities

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

    I have been working at Westpac Banking

    Pros

    Depands on the area you are working, good coaching.

    Cons

    slow moving of carrer path.

    Recommends
    Negative Outlook
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    The great place to work as the companies' culture support everyone to get success together.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Westpac Banking

    Pros

    Very relax working enviornment and people leaders support you a lot

    Cons

    Sometimes the workload is a little bit heavy

  6.  

    Working at Westpac

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Accountant  in  Sydney (Australia)
    Current Employee - Accountant in Sydney (Australia)

    I have been working at Westpac Banking full-time for more than 5 years

    Pros

    Good work life balance, plenty of opportunities, great people and culture, since it's such a big company there are plenty of opportunities to move between different units enable to to broden your skills, experiences and network.

    Cons

    company changes quite a lot due to many restructuring

    Recommends
    Positive Outlook
  7.  

    Good place to work

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

    I have been working at Westpac Banking full-time for more than 5 years

    Pros

    Lot of opportunities to work on different projects.
    Good reputation and brand recognition in Australia.
    Excellent work place culture & work-life-balance.

    Cons

    There is limited brand recognition outside Australia.
    It is a 'local' bank with no global presence, therefore there are very few opportunities to work overseas.

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Great workplace and very engaged management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Product Manager  in  Sydney (Australia)
    Current Employee - Senior Product Manager in Sydney (Australia)

    I have been working at Westpac Banking full-time for more than a year

    Pros

    Flexible workplace that truly live it's value from the top

    Cons

    The size of the place makes things take time

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Audit Manager

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Westpac Banking

    Pros

    Progressive bank, big team, career development and training is the best. There is lot of collaboration between the units. The teams have a good mix.

    Cons

    No cons really. Had best time there both career wise and personal growth wise. Most recommended to work for.

    Advice to ManagementAdvice

    No advice to management

  10.  

    Good employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller  in  Sydney (Australia)
    Current Employee - Teller in Sydney (Australia)

    I have been working at Westpac Banking full-time for more than a year

    Pros

    Good benefits, growth opportunities and work environment

    Cons

    Difficult to change the departments

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Painfully frustrating place to work!

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

    I worked at Westpac Banking full-time for more than a year

    Pros

    The view from head office.
    Kitchen facilities on all floors

    Cons

    Business Development Managers who don't know their 'A' from their elbow. Lack of understanding of their own role.
    Too many levels of management and stakeholders. Cant get things done.
    Meeting after meeting
    Low tech environment (Windows XP and Lotus Notes)
    Big bureaucracy including I.T. (which is outsourced to IBM)
    Penny pinching across all areas except the flavour of the month projects.
    No responsibility taken by senior management - finger is always pointed at others.
    No job security. Always looking to outsource roles.
    Outdated programs and procedures.
    Focus too much on setting unrealistic objectives - limited reward for achieving them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

Worked for Westpac Banking? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.