Westpac Group Reviews | Glassdoor

Westpac Group Reviews

Updated May 22, 2017
170 reviews

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4.0
Star Star Star Star Star
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Brian Hartzer
48 Ratings

170 Employee Reviews

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Pros
Cons
  • Absolutely no cons at all as the work/life balance is great (in 11 reviews)

  • Office politics does come into play in senior management (in 18 reviews)

More Pros and Cons

  1. "It's an Australian Commercial Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Westpac Group full-time (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 Management

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


  2. "Operations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    I worked at Westpac Group full-time (Less than a year)

    Pros

    Exposure to different business units

    Cons

    Need to define roles and responsibilities of the department better to reduce redundancies in work scope


  3. "Designer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Designer
    Former Employee - Designer
    Neutral Outlook
    No opinion of CEO

    Pros

    It's a pretty good company with a lot of really good perks. Fantastic office, culture is ok.

    Cons

    If you want to make change to anything, it takes forever


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  5. "Great place to work"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great culture, look forward to getting into work everyday

    Cons

    Strategy iffy. Things change very quickly.

    Advice to Management

    Better communication of strategy is required


  6. "Westpac Sydney"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Westpac Group full-time (More than 10 years)

    Pros

    People orientated culture. Competitive entry salaries. Long-term employees provide base level of experience and knowledge sharing.

    Cons

    Poor technology and infrastructure. Poor pay increases once already established in the bank. Can be quite silo'd.


  7. "Treasury"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Westpac Group full-time (More than 5 years)

    Pros

    Decent culture and working atmosphere, nice people to work with. Company strongly believe in diversity and flexibility. Top management provide clear aims and direction.

    Cons

    NY branch size kept to minimal, lack of expansion. All function operation from overseas. Not a lot of room for growth.

    Advice to Management

    Given the current market situation is not very favorable with overly competitive condition, with the right mix of talents and a clear strategy, the objectives are achievable.


  8. "good working experience"

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

    I worked at Westpac Group part-time

    Pros

    Good working environment, good people

    Cons

    too many one to one meeting with higher authorities


  9. "Great place to get some large corporate experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Westpac Group full-time

    Pros

    - Extremely flexible working arrangements and work life balance
    - Big challenges to tackle with change/project management
    - Large budgets for projects that do get funded

    Cons

    - Understandably a bit of bureaucracy
    - Velocity of change is therefore a bit slow
    - Large number of people who have been there are a while (20+ years) are resistant to change
    - Very poor IT however this is being heavily invested in

    Advice to Management

    Try


  10. Helpful (1)

    "Good place to work, but you must be able to deal with the politics of large organisations"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Graduate In Technology in Sydney (Australia)
    Former Employee - Graduate In Technology in Sydney (Australia)
    Recommends

    Pros

    Motivated senior managers.
    Large Organisation with major IT systems.
    Tough solutions for you to fix.
    Compensation is competitive and in line with other banks.
    HR team is very nice.
    The building you work in is new and very close to the station.

    Cons

    The organisation is very large A lot of projects end up going nowhere.
    Getting approval for things can be difficult
    A lot of politics to get through in order for oyu to get the job done.

    Advice to Management

    Have greater control of the organisation.


  11. Helpful (1)

    "Manages Marketing Campaigns"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Campaign Manager
    Current Employee - Campaign Manager
    Recommends

    Pros

    Great company, very supportive with training. Good HR and benefits

    Cons

    Too hierarchical. Takes ages to get anything approved.

    Advice to Management

    Be more efficient and organised. Stop having unncessary meetings


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