Supporting education and pathways into meaningful careers
Providing access to meaningful and rewarding career opportunities is central to supporting Aboriginal and Torres Strait Islander employees to reach their career goals and aspirations. As Australia’s largest financial services organisation, with 42,000 employees nationally, Commonwealth Bank has a unique range of career opportunities to offer.
We have set a target to reach employment parity – 3 per cent Aboriginal and Torres Strait Islander representation across the Group - by December 2026, with a milestone target of 1.5 per cent by December 2020. In order to achieve this target, our Indigenous Careers team is working across the business to ensure we are growing talent internally and continuing to maintain an inclusive workplace where Aboriginal and Torres Strait Islander employees can thrive.
- We have supported the Australian Indigenous Education Foundation (AIEF) since 2008, supporting scholarships for Indigenous students to attend some of the country’s most prestigious private schools
- We have partnered with the Australian Indigenous Mentoring Experience (AIME) since 2010 to create better educational outcomes for Aboriginal and Torres Strait Islander students. We are currently working with AIME to develop a financial literacy program to be delivered by their tutor squads. The program will reach 10,000 Indigenous students by 2020
- Since 2002, we’ve provided School Based Traineeships to Indigenous students completing their final 2 years of high school. On graduation students will receive a Certificate II in Financial Services.
- We are growing our full time traineeship program, which provides 12 months of on-the-job training and professional development to Indigenous Australians looking to secure a permanent role with the Group.
- In 2014 we became a Career Trackers Indigenous Internship Program 10 x 10 partner, committing to a minimum of 25 internships for Indigenous university students each year for 10 years
- Our Future Leaders Program supports Aboriginal and Torres Strait Islander employees to develop leadership skills and experiences to progress their careers to management level
- We also recognise that building leadership skills benefit Aboriginal and Torres Strait Islander communities more broadly. We are committed to supporting employees to be role models in the community
- In 2016 we will be launching an Indigenous employee network to enable Indigenous employees to better connect and engage with one another. We will also be developing a mentoring program.