Axos Bank reviews

3.1

55% would recommend to a friend

(763 total reviews)
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Gregory Garrabrants

58% approve of CEO

58% positive business outlook

Axos Bank has an employee rating of 3.1 out of 5 stars, based on 763 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Axos Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

763 reviews
2.0
Nov 18, 2020

No Employee Engagement

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Axos is a company that is always looking to improve its products and services for the customers. The company tries its best to obtain honest customer feedback and implement necessary changes to make improvements.

Cons

Unfortunately the company has little to no employee engagement. The company often touts itself a technology company, yet it fails to bring technology company-like culture. Never has the company asked 'how are you doing?' but solely focuses on 'did you show up to work today?'. One evidence of this is how they are handling the Covid-19 pandemic. The company is currently not allowing any employee to work from home regardless of the guidance provided by the State of California and County of San Diego. Whenever there is a positive case in the company, there have been times when the company was not transparent about the news and attempted to brush it under the rug. More recently, the company received a notice from the State of California stating their failure to have employees properly wear masks and maintain social distancing. On some of the responses to the Glassdoor reviews, the company has replied back saying that they are making it mandatory for employees to check their temperature and wear masks. Yet, there is no accountability with this and I have yet to see any of this in action. The company will reply back saying that it is a shared responsibility to prevent the spread of Covid. Unfortunately, the company is failing to do their part in that shared responsibility. As an employee, the only thing we can do is wear a mask and have virtual meetings, which is not effective when you're sitting in an enclosed office space for 8 hours a day. The company can do more by being more transparent about positive Covid cases, bringing in ventilators, or better yet, allowing folks to work from home. Yes, there are certain positions that are better suited to be in the office, but there are plenty of other positions that do not require to be physically present in the office. It's been really tough being asked to come into the office and putting families back at home at risk. Within the last several months, many of our more talented colleagues have chosen to leave the company due the company's failure to listen to their concerns. The company often cite how they have been hiring during the pandemic while others have been consolidating. But this statement is often used out of context, as the company is only hiring because so many employees have decided to leave. The company will also state how they've conducted a survey with the company to obtain employees' response to the pandemic. Again, this statement is often used out of context as the survey was done only one time at the very beginning of the pandemic when cases of Covid was much lower. How the company has handled the pandemic is only one example of how the company has no employee engagement. A successful company will often focus on the well-being of their employees. Not just physical well-being, but also mental and emotional well-being.

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Axos Bank Response
5y
We recognize that our team members are our greatest asset, and we’re committed to ensuring both a collaborative culture and a safe working environment. We’re deeply invested in our team members’ success, we’re profitable, and we’re growing rapidly at a time when many businesses are suffering. We think ours is a “people first” approach, and we’re looking to attract and retain team members who share our vision, energy and passion.
2.0
Oct 28, 2020
Recommend
CEO approval
Business Outlook

Pros

Lots of open positions because the turnover is so so high. Good place to earn a pay check while you seek the right job.

Cons

A trusted inner circle that still operates like it is the 1990s but thrives because they feed BS to the CEO and the CEO thinks they do no wrong. They want to hire people for experience but don’t pay for it or make promises about pay but don’t keep their promises. They want to tell experienced people to forget everything they know because that inner corcle knows better. They dont do any communication because they lie and cheat. People who think things are great are either naive or untruthful because such reviews are either fake or solicited. They pay bonuses using company stock because they know most people leave within 3 years so they dont have to pay them or pay only partially due to vesting period of 3 years.

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Axos Bank Response
5y
Thanks for your comments. We readily admit that our culture is unique and not for everyone, but we'd like to present some additional perspective regarding the number of open positions: the fact is we're growing, and growing fast. Over the last year, we've created nearly 300 brand new positions. Moreover, team members aged 25-34 represent one of the biggest blocs of our workforce, and U.S. government data show that these workers have the shortest tenure -- 2.8 years -- in their current jobs. Lastly, we understand emotions can sometimes run high, but we operate on a value system underpinned by honesty, integrity, and respect. We hope you find the freedom you're striving for.
1.0
Oct 8, 2020
Recommend
CEO approval
Business Outlook

Pros

There’s no pros at all in this company.

Cons

It’s a very toxic environment. Very one sided, they don’t care about their employees. There is a lot of favoritism, HR is no help at all. They don’t pay their employees fairly nor do they compensate you for speaking a foreign language. It’s all use and abuse. No one ever has answers for customers, most customers call in complaining about how terrible customer service and I do not disagree with them not one bit. This is not a company that I would recommend to anyone to work for. After a few weeks you will literally hate your work life.

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Axos Bank Response
5y
Sorry to hear your impressions of working on our team. We have a meritocratic culture, which rewards high-performing team members who achieve stellar results. Our pay packages are competitive which includes a merit-based bonus paid out twice a year. The bonuses are a mix of cash and stock that vests over three years. We highly recommend you speak with your manager about the issues you raised. Literal hatred of one's work life is not something we would wish on anyone.
Viewing 664 - 666 of 763 Reviews

Glassdoor has 818 Axos Bank reviews submitted anonymously by Axos Bank employees. Read employee reviews and ratings on Glassdoor to decide if Axos Bank is right for you.