Westpac Banking Reviews

Updated March 22, 2015
59 reviews filtered by
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3.7
59 Reviews
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Westpac Banking Managing Director and CEO Gail P. Kelly
Gail P. Kelly
64 Ratings

59 Employee Reviews

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  1. Great company

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

    I worked at Westpac Banking

    Pros

    Teamwork, leadership & work life balance

    Cons

    It was a contract so I couldnt stay

    Recommends
    Approves of CEO
  2. Good company

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

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

    Pros

    great staff benefits including mortgage discounts. shiny head office building

    Cons

    have to deal with a lot of bank tellers etc. as it is a retail bank

    Advice to ManagementAdvice

    avoid politics

    Recommends
    Neutral Outlook
    Approves of CEO
  3. Great experience, leadership development and career opportunities for candidates that work hard.

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

    I have been working at Westpac Banking

    Pros

    Very warm work atmosphere, supportive environment, easy to excel for hard working and committed employees.

    Cons

    Sometimes lacks performance culture, and has a consensus-driven decision making process. Lots of great ideas, sometimes poor follow-through.

    Advice to ManagementAdvice

    Develop better performance culture and focus on empowering individual decision making at each management level.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. As good as Banks get?

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

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

    Pros

    A collaborative and performance driven culture
    Mostly nice and smart people
    Many job opportunities across the Group (made more readily accessible by the endless restructures)
    Good remunerations, even though salary and bonus increases not what they used to be

    Cons

    Political skills are your best ally to make your way up
    Endless restructures
    Profit culture overtook 'Customer best interest' long ago

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful

    Good staff benefits but lots of beaurocracy

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

    I worked at Westpac Banking full-time (more than 3 years)

    Pros

    Competitive salaries, good benefits (although not always good bonuses), ability to move around within the company, flexible work hours, work/life balance, career breaks

    Cons

    Big company --- lots of beaurocracy. Dont do a good enough job recognizing, and developing talent.

    Advice to ManagementAdvice

    Try and create flatter structures and ensure all work is meaningful and productive, not just pointless busy-work

    Recommends
    Positive Outlook
    Approves of CEO
  7. A company that cares about its internal and external customers

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

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

    Pros

    Westpac is investing a lot of resources in initiative to create employee engagement

    Cons

    Very political company. Bureaucracy at very level of the organisation

    Recommends
    Positive Outlook
  8. Very limited budget for technology

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

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

    Pros

    There are a lot of experience people and it is a large well known brand name with a diverse customer base and various locations to work in

    Cons

    They do prioritise the technology projects by the NPV however the budget is so limited compared to where other banks are now that people who come to work for westpac frequently are amazed at how disparate and poorly technology is done there.

    Advice to ManagementAdvice

    Spend more on technology how to get rid of work flow issues, start taking some risks to catch up and surpass cba and anz.

    Recommends
    Disapproves of CEO
  9. A balanced organisation, focussed on outcomes but not brutal, friendly and positive environment

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

    I have been working at Westpac Banking full-time (more than 10 years)

    Pros

    People are not overly driven but still produce results.

    Cons

    Some decision making processes are slow

    Advice to ManagementAdvice

    Get better at being accountable for what you say and be rigorous about your promises.

    Recommends
    Positive Outlook
    Approves of CEO
  10. Good and supportive company

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Software Developer in Sydney (Australia)
    Current Contractor - Software Developer in Sydney (Australia)

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

    Pros

    Great team environment, all the colleagues are very nice and friendly, good team leaders. Can use the new technologies.

    Cons

    Not easy to learn the domain knowledge

    Recommends
    Positive Outlook
    Approves of CEO
  11. Good and supportive company

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

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

    Pros

    Good Culture and supportive team
    The leadership team is strong

    Cons

    Big Institutional which means there is a level of politices

    Recommends
    Positive Outlook
    Approves of CEO

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