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      WaFd Bank

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      WaFd Bank reviews

      Be Warned - Anonymous employee WaFd Bank Employee Review

      2.0
      21 Aug 2020
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Some nice people work here. Unfortunately they work for a company that does not appreciate them or pay enough.

      Cons

      Aside from retirement, the pay and benefits here are the worst I've had at any bank. A recruiter will sell you on the bonuses. They weren't paid this year at all to support departments. They talk about the health insurance like it's amazing but it's a mediocre high deductible plan. Managers here are incompetent and this fact will negatively impact your job daily. Overall, your hard work will not be recognized or rewarded. HR and upper management in this company need to wake up and make some changes.

      avatar
      WaFd Bank Response
      5y
      Thank you for your post. It was a tough year for our corporate team because we worked our tails off and no bonuses were earned because net income was down. I would be happy to discuss with you and understand your frustrations and see what we might be able to change.

      Explore other reviews about WaFd Bank

      5.0
      18 Mar 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      The leadership at all levels is outstanding

      Cons

      No cons in the bank

      2.0
      28 May 2026
      Fiu analyst
      Recommend
      CEO approval
      Business outlook

      Pros

      Primarily remote work. Decent PTO after the 4th year.

      Cons

      Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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