Axos Bank reviews

Aside from how badly they have treated Covid... 1. Pay rates are below market rate. I think the managers or upper management allows this because they look at your total compensation as a whole even though it is your base salary that truly matters. 2. You are made to feel bad about taking vacation days, looked down upon when you leave the office on-time OR even take a lunch break on busy days. 3. NO way in hell will you be allowed to work fully remote or have a fixed hybrid schedule because the CEO doesn't trust anyone to be capable of getting their work done unless your managers are breathing behind your back! Literally. 4. Discretionary bonuses that happen twice a year roll out AFTER 3 months of that review period, so if you're trying to dip out after your supposed bonus comes along, you will be waiting an eternity. 5. Pay raises are laughable! Expect to get a raise for a couple cents up to two dollars. They are THAT stingy even if you reached your goals and received exemplary reviews and feedback from your manager. 6. Morale in general is very low. Company culture is toxic. 7. This bank cannot retain employees to save their lives. They are forced to hire people that do not have experience and the experienced staff who are training have to bear the brunt of it all. 8. If you are a support staff, expect to be treated with disrespect and for how low they are paying, it simply isn't worth it. 9. Managers are crazy stressed and normalize working 12+ hours. It's just awful and to top it off, they expect you (the underpaid employee) to match those same hours. 10. Copays for medical premiums are high. The cheapest is $55 from what I can remember. Previous companies, especially large ones, that I have worked for were always way less or will cover this entirely. They do offer HSA and the bank contributes $500 per year. This is on the lower range compared to what other large companies contribute. 11. Very little management support. They are just "too busy", probably due to the fact that they have to hop onto meetings every couple hours or so, which isn't very feasible if you really want to get any work done during the day. 12. Management is SO busy that they are willing to skip and overlook steps... make of that what you will.

I’ve worked here for quite some time hoping things will improve, but they never do. - 3 Covid positive cases in one week and still never closed the office; refuses to allow employees to work from home despite a pandemic - it is common knowledge here that junior level employees are severely underpaid, especially for having college degrees (they claim to pay competitively to market rates, it’s not true. do your research first) - false positive reviews on glassdoor (there are no “golf outings”, seriously?) - pay raises are minuscule, a few cents in many cases - bonuses are paid more in stock than cash, which only vests 1/3 every year; and are not commensurate to the amount of work being put in (do as little as possible and you’ll probably get more than the hard workers) - lack of diversity (or even an attempt at diversity); not to mention 0 programs in place for employee resources or wellness - CEO is still heavily involved in employee bonuses despite having 1000+ employees and not actually knowing them