Westpac Banking

  www.westpac.com.au
  www.westpac.com.au

Westpac Banking Reviews

Updated October 22, 2014
Updated October 22, 2014
88 Reviews
3.6
88 Reviews
Rating Trends

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

Review Highlights

Pros
  • If you're willing to work hard and efficiently then your work life balance can be fantastic (in 18 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.  

    Great Company

    • 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 (more than 10 years)

    Pros

    Work life balance + Benefits + Share options.

    Cons

    None...the place is really good.

    Advice to ManagementAdvice

    Keep it real as you have been.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Overall a good company to work for

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

    I have been working at Westpac Banking full-time (more than 3 years)

    Pros

    - Great flexibility such as work from home etc.
    - Lots of internal opportunities but obviously will have to go through the normal job application process
    - Great employee benefits

    Cons

    - Pay scale bit low compared to other banks
    - Training opportunities depends on your manager
    - Pay rise not consistent across the divisions

    Advice to ManagementAdvice

    Too much politics at Senior Management level but I guess it is the norm in corporate world!!! Wish they would work together more for the company rather than building their own empire.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Project Management

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

    I worked at Westpac Banking as an intern (less than an year)

    Pros

    Great team, good for personal growth, great culture.

    Cons

    Very bureaucratic, hard working environment. Can't really say too much it all depends on which department you're in.

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Great opportunities for driven, motivated individuals

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

    I have been working at Westpac Banking part-time (more than an year)

    Pros

    Development focussed management and intelligent co-workers

    Cons

    Long hours are expected without compensation at times

    Advice to ManagementAdvice

    Continue providing opportunities for driven people to learn, grow and succeed

    Positive Outlook
    Approves of CEO
  6.  

    Amazing Experience

    • 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

    Great Place to work , amazing team environment

    Cons

    There are no cons currently

  7. 1 person found this helpful  

    Good people, bad management

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

    I have been working at Westpac Banking full-time (more than 3 years)

    Pros

    Friendly people
    Good teamwork
    Wide variety of work
    Flexible work/life balance

    Cons

    No link between effort, performance and reward
    Low pay/benefits
    Rampant favouritism

    Advice to ManagementAdvice

    Appraisals need more transparency

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8.  

    Plenty of opportunities if you build your network

    • 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

    Initiatives for women. Lots of opportunities, projects and future.

    Cons

    Segregated and some individuals who work for themselves and not the team.

    Advice to ManagementAdvice

    There is a layer of senior management which require leadership training. Don't let individuals determine the culture of westpac.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    not friendly

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

    I have been working at Westpac Banking as a contractor (less than an year)

    Pros

    convenient but have to stay very late

    Cons

    no training and very bad work-life balance

    Advice to ManagementAdvice

    A lot of turnover in the loan department.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    An excellent company for people who enjoy Work/Life Balance.

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

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

    Pros

    Good Work/Life Balance, really suited to people with families.
    Excellent family focused benefits,eg paternity leave
    Nice People who genuinely care.

    Cons

    Extremely bureaucratic
    People seem slow to embrace change
    No clear career progression planning
    Some managers have no idea how to lead people.
    Pockets of deadwood

    Advice to ManagementAdvice

    Remove some of the deadwood.
    Think about benefits for those without families

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    A deceitful culture

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

    I worked at Westpac Banking full-time (more than 5 years)

    Pros

    Large enough to provide workplace flexibility

    Cons

    Has a culture where it appears that people are agreeing, smiling and saying yes whilst actually working out how to prevent the activity from happening

    Advice to ManagementAdvice

    Promote honesty and integrity from the top

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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