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:
- Family & Community
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.
Leave to support lifestyle and wellbeing
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.
Career breaks of between 3 to 12 months unpaid leave are available for eligible employees to refresh, re-energise, attend to other responsibilities or pursue professional development or personal interests.
A range of other leave benefits are also available for eligible employees including defence reserves leave, volunteering leave, one lifestyle and wellbeing day each year, and employees transitioning to retirement can also access an additional three days’ paid leave to pursue retirement related activities.
Paid parental leave
Employees who are the primary carer of their child can access 16 weeks’ paid parental and have the option to instead take 32 weeks’ leave at half pay. Employees who are the support carer can access 4 weeks’ paid leave. All leave can be accessed up to the child's 2nd birthday and may also be taken flexibly. Up to 12 months’ unpaid grandparental leave is also available.
Superannuation on parental leave
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.
Gender transition Leave
We offer up to 4 weeks’ paid leave and 1 year of unpaid leave for employees who are undergoing a gender transition or affirming their gender.
Sorry Business Leave
Employees identifying as Aboriginal and/or Torres Strait Islander can access 3 days’ paid Sorry Business leave to participate in Sorry Business cultural practices, in addition to our standard 3 days paid compassionate leave.
Domestic & Family Violence Support
Employees experiencing domestic and family violence can access 20 days paid leave (or more if required) as well as advice and counselling, financial support and flexible work arrangements. We also offer employees 10 days paid leave if they are supporting a family member experiencing domestic and family violence.
Leading offerings to enhance your wellbeing
We offer a range of special Westpac Group services including:
- Free nutrition advice
- Free employee counselling and coaching service for you and your family
- Access to wellbeing resources, training and development
- End of trip facilities (selected locations).
Valuable savings on banking products and services
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.
Third Party Partner savings
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.
Jawun Professional Secondments with Aboriginal and Torres Strait Islander communities
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: matching employees' charitable donations
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.
Employee Action Groups
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:
- Women of Westpac
- Cultural Diversity in Leadership
- Brothers & Sisters
- The Youth Network
- Domestic & Family Violence
- Pro Bono Volunteering
Our 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.
Find out more about how create meaningful economic, social and environmental impact.