Axos Bank reviews

3.1

57% would recommend to a friend

(299 total reviews)
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Gregory Garrabrants

61% approve of CEO

61% positive business outlook

Reviews by job title

299 reviews

Reviews about "Compensation"

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5.0
Oct 2, 2023
Recommend
CEO approval
Business Outlook

Pros

They are what they say they are. It’s a meritocracy – if you work hard and do a good job you will be successful, get promoted and earn great money. They pay for performance and so a lot of remuneration is from bonuses which are paid twice a year. Everyone also gets company stock which makes you feel like an owner of the company. It’s a relatively small but fast growing business so there are no fiefdoms – everyone is on the same boat rowing in the same direction. They are good at reassigning people from poorly performing areas as opposed to just doing lay- offs e.g., after the evaporation of mortgage refinancing, people were reassigned to other growing areas.

Cons

i can't think of any real cons.

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Axos Bank Response
2y
Thank you for your review. We like to see our Team Members experience the success of Axos as they become shareholders. We appreciate your contributions!
5.0
Sep 20, 2023

Challenging and Rewarding Work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great location, fun & knowledgeable coworkers, high level of responsibility given early in your career and performance is rewarded through semi annual bonuses (in addition to raise/promotion). If you are looking for a challenging and rewarding place to grow Axos will be a good fit.

Cons

None that come to mind

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Axos Bank Response
2y
Thank you for your review, we couldn’t have said it better!
3.0
Sep 20, 2023

Okay

Recommend
CEO approval
Business Outlook

Pros

Job is okay, benefits are average, pay is decent.

Cons

A bit chaotic for an organization as old as Axos. Bonuses are cash and RSUs, the RSU aspect sucks as you have to wait years before you recognize your bonus. In order to receive my full bonus I have to work 3 additional years.

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Axos Bank Response
2y
The upside potential of restricted stock units (RSU) is to generate wealth that an all-cash bonus doesn’t offer. Your receipt of a share grant is indicative of our desire to provide you with an ownership stake. You get the chance to enjoy an increase in stock price over time.
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