Your benefits and wellbeing
We believe our work environment and benefits are testament to our commitment to our employees. At Westpac Group we understand that wellbeing is individual, and look at employees’ wellbeing holistically focusing on five key pillars:
We recognise the continued blurring of work and personal life, and the need to support our people as ‘whole-beings’. Below is a breakdown of some of our benefits and wellbeing highlights.
All roles at Westpac Group are open to consider flexible working arrangements, with potential options such as flexible hours, working remotely, part time work, or job share.
We offer 12 weeks of flexible lifestyle leave giving employees the option to take up to 12 weeks' paid leave each year, through Westpac Group’s purchased leave program, or 12 weeks' unpaid leave each year.
Employees who are the primary carer of their child are given 13 weeks’ paid parental and have the option to instead take 26 weeks’ leave at half pay. Employees who are the support carer are entitled to 2 weeks’ paid leave within the first month of the birth or adoption of their child. Up to 12 months’ unpaid grandparental leave is also available.
Career break leave between three and 12 months’ unpaid is available for employees to refresh, re-energise, attend to other responsibilities or pursue professional development or personal interests.
Employees can apply for superannuation to be paid on up to two years' unpaid parental leave to help enhance the financial future of our working parents.
We offer 10 days of domestic violence support leave for employees experiencing domestic violence and carers supporting loved ones in these circumstances.
Employees have the option of accessing one paid wellbeing and lifestyle leave day and one community day per year. Additional benefits are also available to eligible employees for sporting and defence force leave. Employees transitioning to retirement can also access an additional three days’ paid leave to pursue retirement related activities.
We offer a range of special Westpac Group services including:
Employees and their families can take advantage of discounts on a wide range of Westpac Group’s banking and wealth products and services including when purchasing or insuring a home or a car, or saving for the future. Importantly, employees are still able to take advantage of this even after they move on from the company. In 2017, these benefits were also made available to our Contractor employees, who are now able to also take advantage of employee offers.
Our third party Employee Benefits Program is increasingly popular with employees and is accessible via a mobile-friendly portal, providing 24/7 access to great offers and discounts from well-known brands. With over 1.3 million logins over the past 12 months our employees clearly love the offerings.
Westpac Group employees in Australia have a unique opportunity to participate in a life changing Jawun Professional Secondment with Aboriginal and Torres Strait Islander organisations.
Jawun is a not for profit organisation co-founded by Westpac in 2001. Jawun partners with Aboriginal and Torres Strait Islander organisations in 12 regions across Australia, providing them with skilled secondees from Jawun’s 28 corporate and government partners – including Westpac Group. Secondees share their professional skills to help these organisations refine and deliver their initiatives and progress their reform agendas.
Since 2001, over 950 Westpac Group employees have taken part in Jawun secondments and success is shared both ways. The Indigenous organisations benefit from the professional skills provided by the corporate secondees, while our employees benefit from an immersive experience that builds their leadership and understanding of Indigenous cultures and ways of doing business.
Matching Gifts is one of our company’s best-loved community programs. Every dollar donated by our eligible employees to Australian-based, registered charities with Deductible Gift Recipient status (DGRs) is matched by Westpac Group. We believe this is one of the most democratic ways of allocating our philanthropic contributions.
Our Matching Gifts program was formed in December 1998 and was the first of its kind among Australian banks. Our Matching Gifts program creates significant value - it is a source of pride for our people; it also helps to build stronger communities by supporting charities right across Australia which deliver important social services to so many people.
We actively encourage and support our people to volunteer their time and skills to support the local community organisations and causes they are most passionate about.
Our 2021-2023 Sustainability Strategy (PDF 421KB) sets out how we can best serve our customers, communities and nation, and contribute to solving global challenges. Through our Sustainability Strategy we want to challenge ourselves on ways to create the most meaningful economic, social and environmental impact in the areas that matter most to our stakeholders.
Our Employee Action Groups (EAGs) support Westpac Group’s diverse and inclusive workplace culture. These employee-led networks bring passionate individuals together to advocate for and promote diverse communities both within and outside of the organisation. Our EAGs include: