Westpac Banking

www.westpac.com.au
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Westpac Banking Reviews

Updated 25 February 2015
Updated 25 February 2015
38 Reviews
4.0
38 Reviews
Rating Trends

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

Review Highlights

Pros
  • If you're willing to work hard and efficiently then your work life balance can be fantastic (in 19 reviews)

  • Great people, effective training (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 4 reviews)

More Highlights

38 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    working with professionals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

    I have been working at Westpac Banking as a contractor (more than 3 years)

    Pros

    working with bank staff and helping in error reasolation

    Cons

    Some time bank staff did not accept the error in their work...

    Advice to ManagementAdvice

    Need to develop a faith of Job security till working age.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    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
  3.  

    Lots of opportunity in an environment that is focused and sometimes tough

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor

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

    Pros

    great location and lots of opportunity

    Cons

    The exec are a tough bunch...but hey that what you expect

    Advice to ManagementAdvice

    keep the focus on results

    Recommends
    Positive Outlook
    No opinion 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.  

    Business Analyst - Systems

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Westpac Banking

    Pros

    great employee benefits all around

    Cons

    alot of outsourcing, creating uncertainty amongst even the most valued employees

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Operations

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

    I worked at Westpac Banking 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

    Recommends
    Neutral Outlook
  8.  

    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
  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.  

    Great work life balance,

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

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

    Pros

    Great, no excellent work life balance.

    Cons

    Slight bueraucratic, projects can drag on a bit

    Advice to ManagementAdvice

    Re-organise to reduce politics and gain efficiencies. Work life balance and collegiate culture is very good.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Room for Growth

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

    I worked at Westpac Banking full-time (more than 8 years)

    Pros

    Lots of career opportunities. Westpac invest in their employees through thorough training and a great management team. If you're willing to work hard and efficiently then your work life balance can be fantastic.

    Cons

    LBB bonus scheme had many flaws however management are looking at updating this. Sometimes management decisions would filter down without thought of how they work in local communities and it is difficult to implement them.

    Recommends
    Positive Outlook
    Approves of CEO

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