How Commonwealth Bank stays first in the race
Commonwealth Bank strives to provide the best banking experience for both customers and employees via a range of programs and initiatives. These include their Next Chapter CanGive Appeal, graduate programs, diversity networks and much more which all work together to give CommBank an advantage in the Australian banking industry.
Emphasis on putting an end to financial abuse
CommBank prioritises the safety and financial wellbeing of their customers. The Next Chapter Commitment is a program which works to take action against financial abuse. Four main actions they focus on are; supporting customers via a specialist community wellbeing team, encouraging independence for survivors of financial abuse, raising awareness and improving their own services and products. Additionally, The Next Chapter CanGive Appeal provides support for families fleeing financial and domestic violence through donations, which CommBank matches, up to $300,000.
2. Employee Support
CommBank offers a range of rewards and benefits for their employees. By experimenting with hybrid working, they allow for more flexible working opportunities to ensure the needs of everyone can be met. In terms of financial wellbeing, they offer employee share plans (Employee Share Acquisition Program) as well as income protection, super and staff discounts and deals. Furthermore, they have fostered an inclusive and diverse community via a range of diversity networks (e.g. AdvantAge, ENABLE, Mosaic, Unity, etc..), ensuring people are valued for their individuality. CommBank also places emphasis on Indigenous support to create real change within Indigenous communities.
The health and lifestyle of employees is of high importance at CommBank. Initiatives such as gender-neutral parental leave, childcare centres, counselling services, private health insurance, domestic and family violence support and their health and wellbeing program, Thrive, all help to build a supportive workplace community.
3. CommBank has the largest ATM and branch network in Australia
Among other banks in Australia, CommBank holds the title of being the largest bank and having the biggest ATM network. This plays a pivotal role in having widespread ATM and branch access, such that they have most ATMs in the country having up to 2,000 ATMs and 900 branches with the most points of customer access. On the other hand, Westpac as a key competitor has the biggest overseas ATM network. This makes CommBank a safer option to deposit your savings or take out a loan.
4. Active opportunities - Graduate Program and Summer Intern Program
CommBank exclusively offers their very own Summer Intern Program and Graduate program to undergraduate and postgraduate students.
The Graduate Program is designed as a 18 months rotational program for gaining skills from being in different teams and launching a long-term career with CommBank. You will be a full-time permanent employee, and at the completion of the program, you will be assisted in finding a role that best meets your skills and interests. The Summer Intern Program is a 10-week placement that allows you to get a taste of what it's like to work at CommBank. This position comprises working on exciting and difficult real-world projects while also expanding your professional network within CommBank. Most roles are based in Sydney but they have also adopted hybrid ways of working.
For those interested, applications for the 2024 Graduate Program will open in February 2023.
To learn more about CommBank's opportunities for students, visit https://www.commbank.com.au/about-us/careers/graduate-intern-programs.html#business