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      Axos Bank

      Engaged Employer

      Axos Bank reviews

      3.1

      56% would recommend to a friend

      (764 total reviews)
      avatar

      Gregory Garrabrants

      59% approve of CEO

      59% positive business outlook

      Ratings by category

      3.2

      Diversity & inclusion

      3.2

      Work/Life balance

      3.2

      Career opportunities

      3.1

      Culture & values

      3.1

      Senior management

      3.0

      Compensation and benefits

      Axos Bank has an employee rating of 3.1 out of 5 stars, based on 764 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).

      Ratings by demographic groups

      Reviews by job title

      764 reviews
      1.0
      Aug 25, 2024

      Stay away from this place

      It support engineer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good entry level position to learn a multitude of skills starting day 1

      Cons

      Everything else. The pay is awful for comparable positions at other companies. They'll respond with trying to tell you the pay is competitive due to stock and company investments that you could MAYBE get after YEARS of working there. It is not the same, and not better. You will be underpaid and over worked. Even though it's entry level, you will be performing a System Administrator level of responsibilities and tasks. If you are performing 9 out of 10 tasks at once, management will get on your case about the 1 thing you aren't doing. Micromanagement in the extreme. They'll dress this up as, "We're a meritocracy, so it's to reward the hardest workers." Which sounds great in theory. But in reality, if someone is doing 5 people's jobs, you have to be doing 6 for recognition. This creates a culture of burnout and stress, not healthy competition. Which is why turnover is so high.

      avatar
      Axos Bank Response
      1y
      Axos believes in training and development to create career growth and advancement opportunities from within. Our bonus program is intended to reward based on one's contribution. It is most beneficial to those who remain at Axos longer term as the vesting schedule for our stock grants is 3 years (1/3 vests per year). The upside potential to having a cash and stock bonus will allow you to receive an immediate cash reward in addition to the opportunity to generate long term wealth.
      2.0
      Jul 24, 2024

      Meat Grinder

      Accounting manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you're a recent graduate the JSA rotational program will give you the opportunity to get experience in different financial functions. If experienced personnel perform well they will be able to move around too.

      Cons

      Extremely high turnover - you'll be required to figure things out on the fly, there are not that many staff with institutional knowledge and they are in high demand by many other employees. Experienced professionals will be working 12+ hours/day (and the company only caters lunches for SVP's and FVP's - many of whom are never seen in the office after 5:30). Pay is inadequate for the sacrifices you'll be required to make if you want to move up, and the semi-annual bonus doesn't make up for that shortfall. There are some sharp hard-working people there, and people are nice, but the rewards are not worth the demands.

      avatar
      Axos Bank Response
      1y
      From a total compensation perspective, Axos is at or above market for individuals who perform. Our meritocracy provides an opportunity to reward those individuals who contribute to their team and the company. With the exponential growth Axos has had over the last 5 years, individuals are provided the opportunity to make an impact and work side by side with senior leadership. You are able to brainstorm new ideas and see the results of your labor in real-time, as opposed to repeating the same task over and over. You have the ability to pursue areas of interest (once key skills are developed) which remains embedded in the culture allowing for professionals to work closely with the business units and understand the economics, as well as the accounting. Since COVID, Axos has continued to invest in the team and its infrastructure with investments in its ERP and other software and training for the team, in order to support the growth of the company.
      3.0
      Jun 4, 2024

      good

      Jr. banking analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      learning, independence, and large responsibility

      Cons

      overworked, tired, inefficient processes, lack of training

      avatar
      Axos Bank Response
      2y
      We provide our JBAs with monthly Lunch & Learns taught by executives in the bank, Corporate Finance Institute trainings, Mortgage Banker's Association trainings, and one-on-one trainings with managers and tenured JBAs. There is a library of documented processes and procedures that is accessible to all Team Members. You are encouraged to speak with management where there are any areas for improvement.
      Viewing 235 - 237 of 764 Reviews
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      ReviewsAxos Bank reviews

      Glassdoor has 819 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.