Westpac Banking

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

Westpac Banking Reviews in Sydney

Updated October 19, 2014
Updated October 19, 2014
88 Reviews
3.5
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

48 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Culture at the top of the game

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

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

    Pros

    Fantastic leadership by Gail Kelly. Culture, diversity and employee engagement is important to this company. Theres many opportunities to move within the company.

    Cons

    None really, but I guess it depends what team/division you work for which will depend on compensaton, promotions etc. As much as you don't want, theres politics in every employer.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Frustrating

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

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

    Pros

    Some great people, socially the organisation is very focused on community etc, lots of staff involvement in charity works etc

    Cons

    Too many 'compartments' - hard to get things completed, even the 'no-brainers' get knocked back.

    Advice to ManagementAdvice

    Listen - be proactive and involve the staff

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    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 (more than an 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
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  5.  

    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 (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
  6.  

    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 (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
  7. 1 person found this helpful  

    bureaucratic project management

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

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

    Pros

    plenty of opportunities, large organisation

    Cons

    Where I was, the PMs were consistently disempowered, due to multiple layers of senior management being directly involved - i.e. portfolio director / program manager / finally the PM. The outcome was far from nimble project management - more like a standard business area.
    Also, (where I was) Change Managers have separate reporting structure and the outcome was (in one extreme case) that the change manager felt like he was above the team, which did not go unnoticed by the team, and meant the PM had an additional stakeholder to be 'managed'.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Good work/life balance, but uninspiring 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 (more than an year)

    Pros

    Relaxed culture
    good work/life balance
    diverse workplace

    Cons

    Bureaucratic and self-interested management
    Reluctant to promote internally (to middle/upper management)
    Limited international opportunities
    average pay and (dollar) benefits
    inadequate resourcing for important teams

    Advice to ManagementAdvice

    Invest some serious money in technology - it is the future of banking and you will be left behind by your rivals

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    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 (more than an 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
  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 (more than an 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 (more than an 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

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