Westpac Banking Reviews

Current Employee – been working at Westpac Banking full-time for more than 3 years

Pros – Working hours are flexible and workload is acceptable. In general, Westpac is the place to have work life balance while you get paid above average salary in the financial services industry. Westpac is a huge organisation and it does encourage people to move around different teams. For example, a department head is required to swap roles with another department head every 3 to 4 years in order to challenge themselves. Employee benefits are excellent and can save heaps of money.

Cons – Some people are lazy and don't know what they are doing. Since they have been with the bank for a long time, the company cannot get rid of them easily. If you are a highly ambitious employee, you should look elsewhere. This is the domestic commercial bank for people who want work life balance.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Westpac Banking full-time for more than a year

Pros – - Work life balance with flexible arrangements
- Positive culture that embraces diversity in the workplace
- Career opportunities with so much movement going on

Cons – - Career advancement linked to lip-service, not merit
- Too much silo'ed thinking and decision making, not enough cross division collaboration
- Systems need improvement and lags peers

Advice to Senior Management – Make more hard and gutsy decisions that will setup the company for the future and ahead of the pack. The bank does not have a clear competitive advantage.

Yes, I would recommend this company to a friend

Former Employee – worked at Westpac Banking full-time for less than a year

Pros – Large organisation with many opportunities to grow professionally.

Cons – Due to large size of organisation, making change is a slow process.

Advice to Senior Management – None

Yes, I would recommend this company to a friend

Current Employee – been working at Westpac Banking full-time for less than a year

Pros – The team members are supporting each other

Cons – They give business target without proper reasoning

Advice to Senior Management – Before setting the business goals, its better to do some research, and you have people who are very experienced in this field. why don't u use it?

No, I would not recommend this company to a friend

Current Employee – been working at Westpac Banking full-time for less than a year

Pros – good people
good food
decent culture
nice environment
good location
well thought out layouts

Cons – bad pay
bad structure of employment
i wish i could have more freedom with my career choices
words

Advice to Senior Management – come onn

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Westpac Banking full-time for more than a year

Pros – Friendly, progressive atmosphere. Good hours and flexibility.

Cons – Hard to progress if you are not in head office. Lower end of market pay.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Westpac Banking as an intern for less than a year

Pros – Wonderful people, employees care about you as a person, relaxed with work hours, team building activities, Mentors to assist with personal development

Cons – Incentivise employees more with things like more rewards and/or competitions. Sometimes may require overtime work, but is sometimes compensated. Graduate program less flexible

Advice to Senior Management – Motivate employees

Yes, I would recommend this company to a friend

Former Employee – worked at Westpac Banking full-time

Pros – Salary is the only advantage. But really the stress and pressure is not worth it. Think about your health and state of mind..

Cons – Lots of overtime, stress, pressure and no support at all. No training provided, all you are given is a desk and computer and work it out yourself! Have to be a miracle worker to achieve sky high sales and revenue targets. Expectation is a 1k a day and if you don't meet that then expect to stay behind late until you do. Diary must be full everyday with 25+ calls that MUST be made everyday. If you don't do it then expect to be thrown to the kerb or lectured. No coaching and terrible environment to work in.

Advice to Senior Management – Take note as to what the other Big 4 banks are doing, because they are doing it right. They care for the workers and provide support and training. How can you expect your workers to do unthinkable things just so you achieve targets. Disgusting! No thanks!!

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Westpac Banking full-time for more than 8 years

Pros – Security of working in the finance sector

Cons – Just another payroll number at the end of the day

No, I would not recommend this company to a friend

Current Employee – been working at Westpac Banking as a contractor for more than a year

Pros – Great company to work for
Great people

Cons – Sometimes things don't always get done
Teams can be oversized on projects

Advice to Senior Management – Run leaner projects

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company