Westpac Group Reviews | Glassdoor.com.au

Westpac Group Reviews

Updated Dec 10, 2019

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3.9
81%
Recommend to a Friend
87%
Approve of CEO
Westpac Group Managing Director and CEO Brian Hartzer (no image)
Brian Hartzer
361 Ratings
Pros
Cons
  • "too much red tape to get things done(in 28 reviews)

  • "At times not nimble enough in decision making(in 24 reviews)

More Pros and Cons
  1. "CM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Change Manager 
    Recommends
    Negative Outlook
    No Opinion of CEO

    I have been working at Westpac Group full-time for more than a year

    Pros

    The work life balance is pretty good

    Cons

    The Senior Manager's do not give out the max bonus

    Westpac Group2019-12-02
  2. "Good company but management let’s it down"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Tech Lead 
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Westpac Group full-time for more than 8 years

    Pros

    Good people, flexible hours, nice office

    Cons

    Average salary, offshoring, red tape

    Westpac Group2019-12-03
  3. "Great learning environment | However gets repetitive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Personal Banker 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I have been working at Westpac Group full-time for more than a year

    Pros

    - Great company benefits - Access to a wide range of discounts and partnerships - Room for growth - Large group and able to meet a diverse team - Sound remuneration - Learning environment

    Cons

    As a banker your targets are pushed every week. Your work has no meaning and management does not care if you do well for 10 weeks in a row but have 1 bad week. Sales gets quite repetitive. Leaders do not want you to move out of retail banking as retail banking is shrinking and finding staff to pickup all the compliance and rules is difficult

    Advice to Management

    Only those who can sell will be rewarded in retail banking.

    Westpac Group2019-12-03
  4. "Good organization"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Test Lead 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Westpac Group full-time for more than 3 years

    Pros

    Good organization Learning opportunities

    Cons

    More career opportunities and compensation

    Westpac Group2019-12-08
  5. "Looks after its people"

    StarStarStarStarStar
    Former Employee - Senior PMO Analyst in Sydney

    I worked at Westpac Group full-time for more than 10 years

    Pros

    Flexible working arrangements, huge variety of job options

    Cons

    Can be too big and bureaucratic

    Westpac Group2019-11-20
  6. "A good place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Engineer 
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Westpac Group full-time for more than 3 years

    Pros

    Flexible work environment, nice boss and team

    Cons

    A bit slow in approving things

    Westpac Group2019-11-15
  7. Helpful (1)

    "Great balance but far behind in tech/digital"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Finance Manager in Sydney
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I worked at Westpac Group full-time for more than a year

    Pros

    Great work-life balance, support for personal development. Encourages employees to try new things and is a good place to move around internally for growth (vertically and horizontally). Lots of different teams to work with or in - just have to learn to navigate the organisation. As with any organisation, talent recognition varies but my experience has been on the positive side with quick career progression as an... external hire.

    Show More

    Cons

    The most legacy of Aussie companies. Lack of ownership throughout and incredibly slow, risk-averse decision-making. This idea of needing to "socialise" everything adds to the poor pace of change in a competitive and rapidly changing environment. Some ego and territorial issues as you move up or try to get things done. Many grads walk around like they're the best thing since sliced bread. Culture varies across teams... - Finance is a bit boring, in my opinion/coming from a very different industry. If you have thick skin and a LOT of patience, these things can be traded off for an overall nice job where taking 6-8 weeks leave don't raise an eyebrow as long you deliver what is expected of you.

    Show More

    Advice to Management

    Rip the bandage off and invest in completely new tech infrastructure. Transition mediocre/poor-performing employees into roles that are more fitting for them

    Westpac Group2019-11-12
  8. "great organisation"

    StarStarStarStarStar
    Former Employee - Credit Assessor 

    I worked at Westpac Group full-time

    Pros

    Its a organisation with a great culture

    Cons

    My cons are the long hours

    Westpac Group2019-11-29
  9. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Bank Manager 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Westpac Group full-time for more than 10 years

    Pros

    Australia's first bank with lots of development opportunties

    Cons

    Like any big company it's like a big ship and can't react as quickly to changes as smaller companies or ships

    Westpac Group2019-11-13
  10. Helpful (2)

    "Slow moving and bureaucratic organisation, would not recommend for early in career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Compensation and Benefits
    • Senior Management
    Current Employee - Business Analyst in Sydney

    I have been working at Westpac Group part-time for less than a year

    Pros

    Flexible working hours, good office location, meaningful work

    Cons

    - extremely slow moving and lazy culture - people have no regard for others time, always late to meetings - not very inclusive

    Advice to Management

    invest in your youth

    Westpac Group2019-11-25
Found 873 reviews