Our benefits

Are you a bargain hunter? Love to feel the warm and fuzzies? Flex at yoga and then flex your hours? No matter what you’re after, our rewards and benefits offer what you need.  

Check out the wide range of benefits available to our people. 

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Flexible working  

As we build tomorrow’s bank today, we’ll continue to experiment with new patterns of work that balance the needs our customers, teams and people.  

Reimagined ways of working 

Many of our teams have adopted hybrid working, where we complement coming into the workplace with working remotely.  When the balance is right, we leverage the best of independent, focused time with in-person collaboration and connection.

We’re giving our employees flexibility in how, when and where they work. 

Our employees are the architects of this strategy, and flexibility will be key going forward. It’s our responsibility to empower our people to get the job done during the schedule that works best for them and their teams, and provide flexible options to help make them even more productive.

Check out some of our locations. 

Adjust your working hours 

Working 9-5, five days a week doesn't work for everyone. Many of our roles provide the flexibility to adjust your start and finish times or to work fewer hours than a standard full-time job, while providing all the perks of a (pro-rata) full-time role.  Examples of these include working a shorter fortnight, working part-time or job-sharing.

Even if a role doesn’t specify part-time or job-share, we always encourage you to ask whether it’s available. 

Extra leave options

Want to spend school holidays with your kids? Planning a week-long hike? Over and above annual leave, sick leave and long service leave, we offer further leave options to eligible employees. These include parental leave, additional purchased annual leave (up to 4 weeks), career breaks, carers leave, community service leave, study leave, compassionate leave, unpaid leave and even 3 days of life leave a year. 

Financial wellbeing

Competitive pay & banking benefits

We look after our people with competitive salaries, superannuation, salary packaging and performance incentive options. 

Our Employee Banking Team is your VIP support when it comes to investment and insurance options and services. You’ll also be able to enjoy a range of competitive discounts on accounts, credit cards, personal and home loans, insurance, financial planning and much more. 

Employee share plan

As a CommBank employee, you’ll be rewarded for the role you play in helping the Group succeed. Under our Employee Share Acquisition Plan, you could receive up to $1,000 in CommBank shares every year! 

Income protection

Our employee income protection policy gives our people support if they experience a long-term physical or mental illness or injury. If you ever need it, we’re here to help you manage your financial commitments so you can focus on getting better. 

Salary sacrifice options

  • Super: Get more from your super by contributing some of your salary or potential bonus payments into your super fund.
  • Shares: Under our Employee Salary Sacrifice Share plan, you may be able to contribute your salary or bonus payments to buy an additional $5000 worth of shares every year on a pre-tax basis.
  • Childcare fees: Plan ahead for day-care fees by sacrificing your salary to pay for one of our corporate childcare centres across Sydney CBD and South Eveleigh.
  • New or used car: Keen to upgrade? With our personal leased motor vehicle options, you can salary sacrifice a new or pre-loved car. This scheme includes vehicle finance along with bundling key running costs. 
  • Other options: These can include professional memberships, airline memberships, purchased additional leave, car parking and workplace giving, just to name a few. 

Commonwealth Bank Group Super

Want to get ahead on your retirement? Our award-winning super fund looks after both our current and previous employees and their spouses. You can take advantage of fees that are much lower than the average super fund, as well as flexible investment and insurance options. 

Staff discounts & deals

Shopaholics rejoice! Thanks to CommBank’s relationship with a range of different suppliers, you’ll be able to take advantage of discounts across a bunch of products and services from TVs to hotels. 

Development & recognition

Tertiary study assistance

If you’re looking to further your studies, CommBank is the workplace for you. We offer up to 100% financial assistance and study leave to let you complete courses and degrees that will help you grow and develop for your current and future roles at CommBank. 

Professional memberships

Make sure you remain at the top of your game. CommBank provides assistance for professional memberships. 

Educational scholarships for your children

Tertiary education can be expensive, but keep an eye out for university scholarship opportunities we offer for your kids. 

Health & lifestyle

Gender-neutral parental leave

Having a baby? Congrats! Our inclusive, gender-neutral support options are designed to help all our working parents manage their caring and family responsibilities. We also offer a financial return-to-work bonus to assist with ongoing caring expenses, in addition to paying superannuation to primary carers for up to 52 weeks. 

Childcare centres

Finding childcare can be super stressful. We’ve got you covered with priority access to a number of long-day childcare places for kids aged 0-6 years in certain corporate childcare centres in the Sydney CBD and at South Eveleigh. Eligible employees can also choose to salary sacrifice for childcare.  

Counselling service

We’re there whenever you’re facing hard times. Our counselling service is a professional and confidential, short-term counselling service for permanent employees and their immediate family members, who may be facing personal, family or employment-related concerns. A manager hotline also provides advice to managers, team leaders and HR support. 

Private health insurance

CBHS is an award-winning not-for-profit health fund that’s uniquely available to our employees and their families. CBHS has been providing a range of health cover options with competitive rates and generous benefits exclusively to employees and their immediate family since 1951. We also have CBHS health hubs around our different CommBank locations.

Domestic & family violence workplace support

We offer extensive assistance to our people affected by domestic and family violence, including special leave options, counselling services and financial hardship support.  

Health & wellbeing program (Thrive)

Thrive from 9-5 (and beyond!) Our online Thrive Portal is available 24/7 to help you take care of your physical and mental health. Resources cover a huge range of topics like dealing with stress, taking care of your emotional health, alcohol consumption, parenting and much more.  

Kyle's story

“I recently became a new dad to a beautiful baby girl. We lived in Sydney and loved it, but with our wider family living in Queensland, we knew we needed to be closer to them. I spoke to my manager about my options, and we came up with a plan for me to work remotely in Toowoomba while still supporting my stakeholders in Sydney. 

"When my little girl was born, my partner wasn't able to take much time off for maternity leave. However, I had the opportunity to take 12 weeks' parental leave and some annual leave I had saved up. Overall I had almost five months off work to be with my daughter while my partner worked part-time. If it wasn’t for the support I received from my manager and CommBank, I wouldn’t have been able to relocate or take time off to experience being a new dad.” 

Read more stories from our people about life at CommBank

Kyle Leong

Community

Paid volunteering leave

Unlimited volunteering leave? Yes please! Take some time either individually or as a team to make a real impact on your community.  

Pro-bono services & mentoring

If you’re passionate about a cause, our Pro Bono Services team connects communities and our people to provide pro bono consulting services to our community partner organisations.  

We also work with the Australian Business and Community Network (ABCN) to provide mentoring services to students of ABCN-affiliated schools.  

Diversity networks

No matter who you are, at CommBank you can be you. Join us to be part of a workplace where people are genuinely valued for their individuality regardless of gender, age, cultural identity, disability or sexual orientation.

Our six employee-led networks play a vital role in creating an inclusive culture: 

  • AdvantAge: Life-stage and age inclusion
  • ENABLE: Accessibility and disability
  • Mosaic: Cultural diversity
  • Unity: LGBTIQ+ inclusion (sexual orientation, gender identity and gender expression)
  • WeCan: Debunks the thinking that gender equality is an issue for women only
  • Yana Budjari: Our network supporting our commitment to the Reconciliation Action Plan

Find out more about Diversity and Inclusion at CommBank

Workplace giving

Our giving program is funded by more than 13,000 of our generous people and donates over $3 million a year to youth-focused community organisations.

Since 2007, we’ve awarded more than $20 million in grants to 1,730 organisations nationwide, supporting a range of programs focused on health, education and social inclusion.  

Indigenous support

The Jawun Indigenous Secondment Program supports Indigenous organisations to deliver their own strategies and visions. This way we can help create real change and improve lives within Indigenous communities.  

Things you should know

All employee benefits are subject to change (including withdrawal) by the Group at any time at its complete discretion. None of the above information should be construed as providing financial or tax advice to employees. If you are thinking of taking advantage of any of these benefits, you should consider whether you should obtain your own independent tax and/or financial advice.