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Westpac Group

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4.4
  • #6 in Banking & financial services
  • 1,000 - 50,000 employees

Westpac Group Reviews

Based on 18 surveyed graduates working at Westpac Group. Read on to get an insider’s view on life as a graduate.
4.4
Based on 18 reviews

Pros & Cons

  • Good culture, flexible work environment, excellent pay
  • The internal culture is led by the people.
  • Good people, high-performance mindset
  • Great people, a big focus on wellbeing and employee health, accessibility of managers and mentors, ability to explore different parts of the organisation.
  • The plethora of growth and development opportunities. Career development is a key focus through the program, with networking and connections developed organically as we move towards roll-off. Able to experience many facets of the bank, receive employee benefits and be provided with mentoring and buddy support.
  • Culture, lots of support available (in regards to taking leave), access to training and education
  • The high variance between teams when coming to the quality of work and value of grads
  • Can feel quite big and slow sometimes, work can be siloed which slows down efficacy, old systems and processes that need updating.
  • While I love the work that I do, it is a very large company that is not always fast enough to pick up new technologies or ways of working. So sometimes it can be frustrating seeing how slow change and transformation is adopted within the bank.
  • No minuses - the most challenging thing is navigating the sheer size and scale of the organisation!
  • There are quite a few restructures, so I feel a bit uncertain for other colleagues in the business.
  • Remuneration

What Insiders Say

8.2
Career Prospects
8.2
Career Prospects
I think that leaders take an interest in the career motives and development of their staff. In my experience, leaders have done everything in their power to make sure staff had the necessary tools to do their jobs appropriately and grow toward the next stage in their career. Hiring is kept internal as much as possible. As a graduate, there is plenty of support to obtain whichever role I am looking at, with experienced roles even being offered in conjunction with training and development from the team.
8.0
Corporate Social Responsibility
8.0
Corporate Social Responsibility
This year I have experienced a number of CSR events run on many different levels of the Bank. From sponsored and graduate run seminars that focus on sustainable investing, all the way up to companywide seminars that discussed child protection in response to the SBS release of The Children in the Pictures.
9.1
Culture
9.1
Culture
The strong culture within my current team encourages shared conversations and insights from all. We are actively encouraged by management to take ownership of initiatives and put our best foot forward, without being micro-managed. Management also creates support systems that allow us to ask for help or guidance, and even take ideas to forums for a diverse discussion on concepts. External culture builds on this, with social events encouraged to build stronger networks within the team.
8.1
Diversity
8.1
Diversity
Massive dedication to increasing and supporting diversity in the workplace. There are countless initiatives to help celebrate and support various diverse groups. Good representation of diversity in senior leadership however there is always the opportunity to do better.
8.5
Satisfaction
8.5
Satisfaction
2/3 rotations I have taken part in have been very challenging and rewarding roles that have allowed me to take on better ownership of tasks, deliver solutions, and engage with the rest of the business units. 1 role however was a little harder, as I spent more time observing than participating and learning through physical engagement.
8.4
Management
8.4
Management
Management aims to be open, respectful and caring. I have found them accessible and have had some very interesting conversations.
9.1
Office Work Environment
9.1
Office Work Environment
Beautiful facility, great equipment and technology. Easily accessible however I believe the parking in the building is quite expensive. The dress code is business-casual; some people dress up very nice and some dress up quite casual. We do have casual Fridays.
8.8
Recruitment
8.8
Recruitment
Started with an online application that required a short questionnaire and resume submission. This was then followed by a number of behavioural and capability tests. Next, we were required to submit two one-way interview answers and then take part in an interview with two members of the bank prior to receiving an offer for employment.
8.2
Salary
8.2
Salary
Pay is good and in line with the market. Bonuses are gradually being phased out which may annoy some.
8.0
Training
8.0
Training
Formal graduate training program for the first 8 months of employment that covers personal development, our company's history, wellbeing, teamwork, industry mechanisms and innovation.
8.6
Work Hours
8.6
Work Hours
I work about 40 hours a week. There isn't a huge pressure to work late or on weekends, although I have had some late nights when wanting to complete certain projects. If I have ever had something come up where I need to step away from work for a little while, my managers are supportive and don't mind.
7.2
Sustainability
7.2
Sustainability
There have been some communications around this, but amongst other comms, I have seen less on reducing their environmental footprint.