Our journey started early, with Westpac one of the first publically-listed companies to provide paid parental leave 1995, extended to partners in 1998. We've continued to make progress in this area, as we want women to consider us their Employer and Bank of Choice and for us to be known for our commitment to women in leadership.
- We were the first bank to publicly commit to achieving an aspirational target of 50% of our leadership roles to be held by women by 2017. We're well on our way, currently tracking at 46%.
- We've also introduced a 'women in leadership' target of 40% for General Managers by 2017 and 30% for the Westpac Group Board.
- We're proud to be publically supportive of pay equity in Australia. Our CEO has signed up as a Pay Equity Ambassador through the Workplace Gender Equity Agency.
- We actively celebrate gender equality every year with our global International Women's Day campaign.
Read the Chief Executive Women case study on Westpac Group's long history of supporting women (PDF 1MB).
How we're empowering women
- Paid parental leave: In 1995, we were one of the first publicly-listed companies in Australia to provide paid parental leave and in 1998, first to provide paid partner leave. We were also the first private sector company to pay superannuation on unpaid parental leave in 2010
- Flexible working: All our people can choose from a range of flexibility options to suit their needs
- In 2016 we were the first bank to make it a standard operating procedure to recognise a customer’s paid parental leave and return to work income in their borrowing capacity for home lending.
- We've mandated that there should be 50% women on recruitment shortlists for all leadership roles
- We've also mandated that 50% of high potential program and graduate program participants be women
- In 2008, we were the first of Australia's big four banks to be led by a female CEO
- We are recruiting female talent with transferable skills from non-financial industries through our Equilibrium program
- Our landmark 100 Women of Influence Awards program, run in partnership with the Australian Financial Review, is committed to increasing the visibility of women's leadership, highlighting the important contribution women make in creating a bold and diverse future for Australia. The internal Women of Influence Awards program recognises our own female employees who are making an outstanding contribution to our business, customers and local communities.
Training and development
- We offer a wide range of training programs to help women with their career development
- We were the first bank to dedicate a unit specifically to the success and development of Australian women through the Ruby Connection website.
- We've received the Employer of Choice for Gender Equity Citation (awarded by the Workplace Gender Equality Agency) every year for over a decade, including again in 2016.
- We won the Australian Human Resources Institute's 2013 Gender Equity in the Workplace Award.