LinkedIn ranks big four banks as top places to grow your career

  • By Zilla Efrat

Australia’s big four banks are ranked among the top five companies in LinkedIn’s 2022 companies to grow your career at, based on LinkedIn data.

Commbank heads the list of 25 Australian companies that are investing in their talent and helping people build careers that will set them up for long-term success.

Woolworths comes second on the list of 2022 LinkedIn Top Companies, followed by NAB, Westpac and ANZ.

LinkedIn says its sixth annual ranking of the 25 best workplaces in Australia identifies companies that are not only attracting employees but retaining them.

To put together the rankings, it looked at LinkedIn data across seven pillars, each revealing an important element of career progression. These were the ability to advance, skills growth, company stability, external opportunity, company affinity, gender diversity and spread of educational backgrounds.

It says CBA keeps itself at the forefront of new technology, with big investments, particularly in artificial intelligence. It has invested in Silicon Valley tech firm and plans to establish a technology hub at the new Entrepreneur and Innovation Centre at Lot Fourteen in Adelaide. To support workers during 2021, CBA offered an additional 10 days’ special pandemic leave as well as paid leave for vaccinations. The bank also has publicly announced goals around diversity and inclusion – which includes 47-50 per cent gender equality in executive manager and above roles by 2025.

According to LinkedIn, NAB, in third place, plans to fill 1,500 technology roles across the business in 2022. The bank is looking to build a pipeline for tech talent, by bringing on board 500 interns and reskilling workers from different careers for in-demand roles. For the first time, NAB is also onboarding a group of neurodiverse individuals for a new pilot program.

LinkedIn says Westpac is preparing for a lower emissions economy by upskilling 800 team members across Australia in environmental, social and governance (ESG) issues. Westpac has also extended paid maternity leave from 13 weeks to 16 weeks and included additional special paid parental leave entitlements for premature births.

ANZ, meanwhile, has embraced a workforce looking for more flexible options, providing team members with the option to work parts of their week from the office, home, on the road or wherever they are comfortable and able to work. That included remote onboarding for graduates during the pandemic and establishing online communities within its workforce such as a pride network and people-leader guidance groups. 

Telstra was ranked sixth in the 2022 listing, followed by WPP, Salesforce, DXC Technologies and Alphabet.