Working at Commonwealth Bank of Australia:
Commonwealth Bank is one of the “Big 4” Australian banking and financial services companies. Commonwealth Bank conducts business across Australia, New Zealand, Asia, The United States and the United Kingdom.
It provides a range of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services.
The Commonwealth Bank also owns brands including Bankwest, Colonial First State Investments, Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure).
Industry
Banking, Financial Services
Company Size
40,001 – 50,000
56.7%
Women employees
12 weeks
Paid parental leave (in addition to Govt. leave)
45.5%
Key management roles held by women
4 weeks
Paid secondary carers leave (in addition to Govt. leave)
Above data sourced from the organisations’ own website and if applicable the Workplace Gender Equality Agency (WGEA). The Commonwealth Bank submission data includes: Commonwealth Bank of Australia, BWA Group Services Pty Ltd (Bankwest), Commonwealth Securities Limited, and Commonwealth Insurance Limited. Data is also crowdsourced from our community. If you work in HR for this organisation and wish to update the above data please email updates to: hello@herwerk.com.au
Commonwealth Bank’s Scorecard
A list of the local awards and recognition the company has achieved for gender equality and workplace culture initiatives.
Family Inclusive Workplace Certified 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.
#1 on LinkedIn’s ‘Top 25 Best Australian Workplaces to Grow Your Career 2022’
Not a WEGA 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.
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 Commonwealth Bank are based on 0 ratings.
Overall Job Satisfaction (out of 5)
%
would recommend to other women
%
believe women are treated equally to men
Equal Opportunities
We asked current or past employees to give Commonwealth Bank 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 – 4 (out of 5) 80%
- satisfaction with pay – 4 80%
- employees treated equally regardless of difference – 4 80%
- CEO supports gender equality – 4 80%
Flexibility
We asked employees to give CBA 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 – 5 (out of 5)
- ability to work remotely – 4
- ability to work part time or compressed days – 4
- ability to take paid time off work – 4
Family
We asked employees to give Commonwealth Bank 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 for taking parental leave – 4
- support for families – 4
%
Responded "Yes"
Are fathers and non-birth parents given access to adequate parental leave and supported to take it?
Development & Enrichment
We asked employees to give Commonwealth Bank 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.
- Learning & Development Opportunities – 4 (out of 5)
- formal & informal mentoring – 4
- supportive management – 4
- wellbeing initiatives – 4
Culture
We asked employees to give Commonwealth Bank a rating out of 5 stars for how respectful and inclusive the culture is. We measured how responsive Commonwealth Bank 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 – 5 (out of 5)
- employer responsiveness to discrimination – 4
- EQUITY, DIVERSITY & INCLUSION INITIATIVES – 4
- sense of belonging – 4
*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 Commonwealth Bank. 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.
“”Make yourself heard. They will support you”
Overall Job Satisfaction: 4 / 5
Do you believe women and men treated equally?
“Yes”
What’s unequal?
“Nothing”
Have you been treated unequally due to aspects of your identity?
“No
One thing they can improve:
“Nothing, I’m happy, Promoting more women to leadership roles, Better pay & benefits“
Would you recommend this employer to other women?
“Yes.”
Position / Department:
Customer Segments Manager
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.
Share Your Insights Now
Are you a current or recent employee of this company? Add your voice (anonymously) to our community of women sharing intel on what it’s really like at the places they’ve worked. The more data we publish, the more we can help women make better career decisions.
Recent Articles
HerWerk Statistics: What Australian Women Really Want at Work
Recent research from HerWerk reveals 87% of Australian women surveyed consider flexibility the most important factor in the workplace. We analysed 124 detailed employer reviews submitted by HerWerk users. The aim was to identify what Australian women actually want in...
How to Plan For a Family Without Sacrificing Your Career Goals
Many women worry that starting a family will put an end to their career plans. And, unfortunately, research shows women's careers often take a backseat after childbirth. Women also take a financial hit by having kids. On average, women take a 4% pay cut for each child...
Why HerWerk Exists.
HerWerk exists to make the workplace better for women. We are the only local platform where women can come to anonymously share their insights on what it’s really like to work in their company. We’re also bringing together a community of women offering their career...