The Work Index by Flexa

Bank Australia

Bank Australia is a customer-owned, purpose-driven bank committed to using banking as a force for good in the world.

https://www.bankaust.com.au/
5.0

/10

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Description

Bank Australia is a customer-owned bank that prioritizes ethical and sustainable banking practices. They are committed to using their customers' money for good, investing in industries that create a positive impact on people and the planet. This includes supporting affordable and accessible housing, clean energy transition, and conservation efforts. Bank Australia is a certified B Corporation, demonstrating their commitment to meeting high social and environmental standards.

As a customer-owned bank, Bank Australia gives its customers a voice and a vote in how the bank is run. They offer competitive rates, fair fees, and quality products and services. Their commitment to sustainability extends to their operations, including using 100% renewable electricity and having a net-zero emissions target by 2035. They also care for a conservation reserve, actively working with partners to protect threatened species and involve staff in conservation efforts.

Flexibility

Bank Australia offers flexible working options, including the ability to work from home, as well as a competitive salary and 13% superannuation. The company is committed to supporting staff with study assistance, paid parental leave (regardless of gender), volunteer, bereavement, gender affirmation and family violence leave; and the opportunity for bonus annual leave. They also offer a range of benefits to support staff's physical and mental wellbeing, including 24/7 free counselling, free flu vaccinations and discounted gym memberships.

Benefits

Bank Australia offers a comprehensive benefits package to its employees, including flexible working options, a competitive salary, and a generous superannuation contribution of 13%. The company prioritizes employee well-being with 24/7 free counselling, free flu vaccinations, and discounted gym memberships. They also offer staff support with study assistance, paid parental leave, volunteer, bereavement, gender affirmation, and family violence leave, as well as bonus annual leave. Bank Australia emphasizes career growth through learning and development programs and an organizational culture that rewards innovation and values rather than long hours.

Enhanced parental leave

Mission

Bank Australia is a customer-owned bank committed to using banking as a force for good. They aim to inspire and empower their customers to create a world where people and the planet thrive by investing in ethical and sustainable projects, supporting community initiatives, and offering products and services that encourage environmentally conscious choices. They prioritize social and environmental impact, believing that purpose should be aligned with profit, and are committed to operating in accordance with the highest ethical standards.

Disruptor
Environmental impact driven
Social impact led
Sustainability

Culture

Bank Australia promotes a culture of purpose-driven, ethical banking, where both employees and customers are empowered to use their money and actions as a force for good. They strive to create a positive impact on people and the planet, prioritizing social and environmental responsibility over profit. This commitment is evident in their customer-owned structure, B Corp certification, focus on sustainable practices, and investment in initiatives like their conservation reserve.

People-first
Progressive

DE&I

Bank Australia is committed to building an inclusive culture and diverse workforce that reflects the Australian community. They encourage applications from people of diverse backgrounds, including Aboriginal and Torres Strait Islander people, people from different cultural backgrounds, and people with disabilities. Bank Australia is committed to making reasonable adjustments to provide a positive, barrier-free recruitment process and a supportive workplace for all employees.

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