Working at Newcastle Permanent Building Society
Newcastle Permanent Building Society is an Australian financial institution with its head office located in NSW Australia, and provides services through branches, internet and mobile banking, their ATM network, access to the “Big Four” network of ATM’s, and a support team based in regional NSW.
Industry
Banking
Employees (Aus)
501 – 1,000
Equality & Benefits at Newcastle Permanent Building Society
71.4%
Women employees
14 weeks
Paid parental leave (additional to govt. leave)
10%
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)
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Newcastle Permanent Building Society’s Scorecard
A list of the local awards and recognition the company has achieved for gender equality and workplace culture initiatives.
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 Newcastle Permanent Building Society are based on 36 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 NPBS 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 – 1 (out of 5) 20%
- satisfaction with pay – 2.5 50%
- employees treated equally regardless of difference – 1 20%
- CEO support s gender equality – 1 20%
Flexibility
We asked employees to give the company 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 – 2 (out of 5)
- ability to work remotely – 2
- ability to work part time or compressed days – 2
- ability to take paid time off work – 3
Family
We asked employees to give NPBS a rating out of 5 stars for their policies and practises that support parents and families.
- Parental leave policy & practises – 2.5 (out of 5)
- support for taking parental leave 2
- formal and informal support for families- 1
Development & Enrichment
We asked employees to give NPBS 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 – 2
- formal and informal mentoring – 1
- supportive management – 2.5
- wellbeing initiatives – 1
Culture
We asked employees to give NPBS a rating out of 5 stars for how respectful and inclusive the culture is. We measured how responsive NPBS 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 – 2 (out of 5)
- employer responsiveness to discrimination – 1.5
- equity, diversity & inclusion initiatives – 1
- sense of belonging – 2
*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 Newcastle Permanent Building Society. 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.
“We are facing an uphill battle here to gain exec and Board support to recognise that they could and should be doing better to support women, carers, and other minority groups in 2022″
Overall Job Satisfaction: 1 / 5
Do you believe women and men are treated equally?
“No”
What’s unequal?
“Development, Promotion. Despite a 72% female workforce and a female CEO, men outnumber women in senior leadership positions until 3 tiers down from the CEO.”
Would you recommend Newcastle Permanent Building Society to other women?
“Maybe.I would recommend this employer to a woman who is happy to work 5 days a week normal business hours and is happy to put work before children/family. For a woman who is prepared to embrace the status quo this could be quite a supportive workplace. However, if you want to make suggestions to improve or change the system to be more supportive of working parents and flexible working arrangements, and inclusion and diversity in general, this workplace is about a decade or two behind most.”
Position / Department:
Operations
” If you are a woman who is happy to work 5 days a week, likely greater than 38 hours/wk, and still see less qualified male co-workers given opportunities or promoted over you, then this is an okay place to work.
If you are a person (male, female or other) who cares about equity and inclusion, about working in a psychologically safe workplace where different voices are heard and welcomed, this is definitely not the workplace for you. Overwhelmingly, leadership and direction of this business is pale, male and stale”.
Overall Job Satisfaction: 2 / 5
Do you believe women and men are treated equally?
“No”
What’s unequal?
“Development Opportunities, Promotion, Hiring. Representation across all business units and all levels of the hierarchy”
“70% female workforce. Currently 30% female exec – soon to reduce to 23% female exec following merger with Greater Bank. Males outnumber females in senior leadership positions until 3 tiers down from the CEO.”
What’s the most important thing that could be done to make you stay?
“More flexibility, Promoting more women to leadership roles, Better pay & benefits, More development opportunities, Improved work-life balance.”
Would you recommend Newcastle Permanent Building Society to other women?
“No.”
Position / Department:
Not Published
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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