Our workplace and you

It's exciting. It's challenging. There are opportunities for professional development at all levels and you'll be recognised and rewarded for achievement.

Our Talent Review System ensures that talent is identified and developed. Managers work with team members to create and implement personal development plans.

As a valued staff member, you'll also be provided with regular, structured feedback through our Performance Feedback and Review framework, so you'll know exactly how you're progressing. The framework provides opportunities for honest and open two-way dialogue, as well as being highly valuable in helping you orientate and build your career.

Employee benefits

The Commonwealth Bank's employee benefits package is one of the most comprehensive and generous in the industry.

Competitive pay and rewards - as well as competitive salaries, plus superannuation, many positions offer performance incentives and participation in annual share grants.

Flexible employment options - we offer genuine flexibility in your employment to ensure a satisfying balance of work and personal life. This includes working part time or from home and job sharing. In addition to annual leave, you may also have access to a range of options that enables you to manage changes in your personal circumstances, including carer's leave, personal illness leave, purchased leave, parental leave at full pay, half pay or a combination of both, career break and leave without pay.

Care, health and well being - including support and information services, child care, nursing mothers' retreats, health checks and health seminars.

Private health insurance - through CBHS offering better coverage at comparable rates to most commercial providers.

Discounted banking and financial services - lower interest rates on most banking products, bonus interest on investments such as term deposits, and reduced or nil account transaction fees on many products.

Employee Benefits Program - includes lifestyle benefits such as holiday discounts on hotels, car hire and airfares, and staff deals on wine, computers, entertainment and fitness.

Employee Assistance Program - a professional, confidential counselling service for you and your immediate family.

Corporate clothing - from the Lisa Ho Corporate Collection. Customer-facing staff in our Retail Network will be provided with a free 'starter's pack' and an annual corporate clothing allocation.

Policies and Procedures

Great workplaces like the Commonwealth Bank don't just happen. To create a working environment that is fair, safe, challenging and rewarding, we have a number of workplace policies and procedures, to which we expect our people to adhere to.

Amongst their benefits, they help ensure:

All employment related decisions are based on merit.
Opportunities are afforded to everyone to develop knowledge, skills and experience, and contribute ideas freely.

Discrimination and harassment

At the Commonwealth Bank we strive to foster a working environment which is not only exciting and challenging, but is also inclusive and supportive. That means a place where everyone is treated with respect and dignity, and they feel able to achieve their maximum potential.

We respect diversity in our people, in their ideas, work styles and perspectives.

With Australia being one of the world's most diverse societies, we believe such diversity is critical to providing excellent customer service. It also fosters innovation, and helps grow our business.

The Bank does not tolerate discrimination or harassment on the basis of the following characteristics:

Colour
Descent
Ethnic origin
National origin
Social origin
Race
Religion
Religious beliefs
Age
Gender
Marital status
Sexual preference
Physical, intellectual, psychiatric, sensory, neurological or learning disabilities
Physical disfigurement
Carrying a disease-bearing organism (e.g. the HIV virus)
Pregnancy or potential pregnancy
Irrelevant criminal record
Medical record
Trade union activity
Political opinion
Transgender
Family or carers' responsibilities
Being an associate of someone with (or imputed to have) any of the above attributes.

Women in our workforce

We're proud of the fact that women represent 65% of our workforce. The Commonwealth Bank has been named an Employer of Choice for Women by the Federal Government's Equal Opportunity for Women in the Workplace Agency (EOWA), a status we've maintained since the award's inception in 2001.

The Commonwealth Bank reports to EOWA on its continued adherence to the Equal Opportunity for Women in the Workplace Act 1999. The legislation does not enforce quotas or reverse discrimination. It does not override or replace the principles of merit. It is designed to encourage the removal of inappropriate barriers and provide fair and equal access to opportunities for all employees, females and males.

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