Axos Bank reviews

3.1

55% would recommend to a friend

(760 total reviews)
avatar

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 760 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

760 reviews
2.0
Jan 3, 2019

Growth Over People (At Their Own Risk)

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Tech-focused, legitimately innovative, and--from what I could tell--a stable of talented staff, many of whom desire professional growth and the chance to create a better product and company.

Cons

Let's start at the top: the executive leadership is a teeming mass of testosterone-drunk Good Ol' Boys straight out of a Federalist Society, hyper-capitalist, Ayn Rand fever dream--several conference rooms at HQ in San Diego are named for Barry Goldwater (enjoy, employees of color!), Ronald Reagan, Winston Churchill, and the aforementioned "Atlas Shrugged" author. Only two women currently occupy the C-suite (both White), and that's only due to a recent promotion of the head of HR to EVP. CEO Greg Garrabrants, though genuinely smart and affable, is a future failed GOP congressional candidate straight out of Central Casting, and makes little to no effort in hiding it. The individual Business Units attempt (usually through middle management) to prop up the charade of collaboration, but ultimately make very little secret of how much they can't stand each other, particularly between the Compliance/Audit and Production groups. You'll hear a lot about "self-governance" and "making an impact" when in fact the expectation is excessive work hours for below-market pay (unless, of course, you have managed to work your way to (a) VP or higher, and (b) your Executive's good graces--then your pay is exorbitantly, comically outsized compared to your peers), and little chance of real career growth. The culture is cutthroat, and the incentives paltry. Management reflexively pushes the semi-annual (discretionary) bonuses of 50% cash and 50% restricted stock unit awards, but turnover is so pervasive that the three-year vesting schedule often renders the incentive meaningless.

4.0
Dec 13, 2018

Manager

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Innovative bank, willing to try new and/or out-of-the box products and ways of thinking. Culture of continuous improvement that encourages staff at all levels to challenge the status quo. Fast-growing provides a lot of opportunity for driven, hard-workers. Lots of smart people and a lot of big initiatives (just completed a re-brand, launching new products, launching new online banking software, various acquisitions). Every day is different; you definitely won't be bored.

Cons

Not for everybody. Axos demands a lot from its employers, and people who do best are strong performers who genuinely want to be part of the Bank's growth. Not a fit for folks who prefer a lot of structure or who want to "coast". Tough skin is important. As the company continues to grow, unnecessary bureaucracy is popping up that needs to be addressed. The IT/PM team is over-burdened and under-resourced so it can be a long wait to get IT projects done, unless it is considered a TOP PRIORITY.

5.0
Dec 5, 2018
Recommend
CEO approval
Business Outlook

Pros

Great opportunity for anyone willing to put in the time and effort. Co- workers are willing to help each other when needed. Office atmosphere is easy going and fun. Management listens to ideas and is always looking for ways to improve the process and create more opportunities. Follow the process and it will work! Great pay, bonus and benefits

Cons

Nothing that really stands out as a con - everyone always wants make more money.

Viewing 751 - 753 of 760 Reviews

Glassdoor has 815 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.