Working at AMP

AMP is an independent wealth management company. AMP provide retail clients with financial advice and superannuation, retirement income, banking and investment products. AMP also provides corporate superannuation products and services for workplace super and self-managed superannuation funds (SMSFs). AMP provide institutional clients with investment management services across a range of asset classes, both in Australia and globally. Nationally, AMP employs over 5,000 people in offices across Australia. 

Industry

Banking, Financial Services

Employees (Aus)

5,000 – 10,000

Equality & Benefits at AMP

52.8%

Women employees

14 weeks

Paid parental leave (additional to govt. leave)

30.8%

Key management roles held by women

1 week

Paid secondary carers leave offered

Above data sourced from companies own website and the Workplace Gender Equality Agency (WGEA)

AMP’s Scorecard

A list of the local awards and recognition the company has achieved for gender equality and workplace culture initiatives.

Q

Not a WEGA 2022 Employer of Choice for Gender Equality  The Workplace Gender Equality Agency awards a Employer of Choice for Gender Equality (EOCGE) citation. It is a voluntary leading-practice recognition program designed to encourage, recognise and promote organisations' active commitment to achieving gender equality in Australian workplaces.

Q

Not a WEGA Pay Equity Ambassador  Workplace Gender Equality Agency Pay Equity Ambassador organisations must have: undertaken a pay gap analysis of its workforce in the last two years, taken action on the results, reported pay equity metrics to the executive and board, and communicated their pay equity initiatives to their employees.

Employee Ratings

Scores for AMP are based on 16 ratings*

Overall Job Satisfaction (out of 5)

3

%

would recommend to other women

Equal Opportunities

We asked current or past employees to give AMP a rating out of 5 stars for equality. The data displays how satisfied reviewers are with equality of leadership opportunities and pay.

We also asked how equally they believe all employees are treated regardless of differences inc. gender, sexual orientation, ethnicity, age etc.

  • Representation of women in leadership – 2 (out of 5) 40% 40%
  • satisfaction with pay – 3 60% 60%
  • employees treated equally regardless of difference – 3 60% 60%

Flexibility

We asked employees to give AMP a rating out of 5 stars for the level of flexibility offered for work scheduling, hours and location. We also measured support for paid time off, including annual leave, personal leave and sick days.

  • support for Flexible work – 4 (out of 5)
  • ability to work remotely – 3
  • ability to work part time or compressed days – 4

Family

We asked employees to give AMP a rating out of 5 stars for their policies and practises that support parents and families. 

  • Parental leave policy & practises – 4 (out of 5)
  • support given to parents & carers – 2

Development & Enrichment

We asked employees to give AMP a rating out of 5 stars for the support they received for their learning & development, mentorship and wellbeing at work. We also asked how supported they feel by management.

  • supportive management – 2

Culture

We asked employees to give AMP a rating out of 5 stars for how respectful and inclusive the culture is.  We measured how responsive AMP are to issues raised and how equally all employees are treated at the company. Finally, we measured how comfortable reviewers felt to bring their ‘whole self’ to work and be accepted.

  • respectful & inclusive colleagues – 4 (out of 5)
  • employer responsiveness to discrimination – 2
  • sense of belonging – 3

*Above data was crowdsourced from community surveys and as such is anecdotal

Employee Reviews

We encourage women to leave anonymous reviews of their experiences at AMP. These are individual opinions and personal stories, that may provide insight into what it’s really like to work at the company, however they have not been verified.

five stars

There are promotion opportunities due to very regular restructures however they usually come with little to no pay rise and double the responsibility. It could be a good option if you want to coast for a few years while raising a family but it’s been in a downward trajectory for years so don’t expect growth or good news. That being said they have cleared out a lot of bad apples and have a new female ceo but I think there’s a lot of hard work needed before it returns to its glory days of old”

Overall Job Satisfaction:  3 / 5

What’s unequal?

“Performance reviews. Pay.”

Would you recommend AMP to other women? 

“Maybe.”

“Flexibility seems to depend on your direct manager. There is a culture of too much work and not enough people so it’s not uncommon to be completely overwhelmed.”

Position / Department:

Marketing

Anonymous Reviewer

Mid Level, Posted 2022

Employer Reviews published on our website are the views and opinions of their authors and do not represent the views and opinions of HerWerk.com.au. HerWerk does not verify the truth or accuracy of any reviews and does not endorse any of the comments posted. HerWerk.com.au posts reviews for information purposes only to assist users to make better career decisions.

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