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      Axos Bank

      Engaged Employer

      Axos Bank reviews

      High Turnover, Low Pay - Project Manager Axos Bank Employee Review

      1.0
      Dec 6, 2021
      Project manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      If you prove yourself capable, you'll be given a lot of responsibility. The company can be a great resume builder, as they use a variety of applications and systems that you will have to adapt to in order to get everyday tasks done.

      Cons

      Axos Bank is an *online* bank that refuses to allow remote work - even during a global pandemic. Their old fashioned work "culture" is driving employees away by the dozen, and they refuse to change. They see their employees as workers, not humans. When the pandemic first started, we were lectured by the CEO to not drop even 5% of our productivity. The turnover is so high that the people who stay are attempting to do 3 or 4 different roles. Time off is frowned upon and stressful. On the rare occasion you are allowed to work from home, they measure your key strokes as a sign of productivity. They pay slightly below market value - but try to sell their benefits as making the salary worth it. The bonuses they offer are largely stock that vests over 3 years - not many employees make it that long.

      avatar
      Axos Bank Response
      4y
      We agree with you on several points. In our meritocratic culture, team members are rewarded for delivering results that meet or exceed expectations. This can take the form of both higher compensation and greater responsibility. And it's also a point of pride for us that we give team members incredible exposure to applications and systems to which they wouldn't have access in similar positions at other companies. But we disagree on other aspects of your assessment. For example, it's not accurate to say that we refuse to allow remote work: At the outset of the pandemic in 2020, we deployed more than half of our team to work remotely. That said, we believe strongly that we're better off when we're all working together, and we've taken precautions to ensure this can happen safely. Finally, bonuses are typically paid out in a 50/50 mix of cash and stock. You're right that bonus stock grants vest over 3 years. With the share price having nearly quadrupled between March 2020-December 2021, those who received grants and have stayed with us have seen a nice windfall.

      Explore other reviews about Axos Bank

      5.0
      Jun 14, 2026
      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      • Realistic goals • Cutting-edge technology that speeds up the work • Solid career progression opportunities • Smart colleagues • Great compensation and generous benefits

      Cons

      No. At this point, I couldn’t ask for anything more.

      2.0
      Jun 2, 2026
      anonymous employee- former employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      The company’s focus on AI and automation was genuinely valuable. It provided opportunities to learn new skills and stay current with emerging technologies.

      Cons

      • Workloads were consistently extreme, leaving employees with no real relief or balance • Employees were expected to work excessively long and exhausting hours on a constant basis • Daily expectations were unrealistically high, creating a cycle of stress and disappointment • The environment showed little regard for employee wellbeing or sustainable working conditions • Burnout became a constant risk due to sustained pressure and lack of support • Leadership showed no visible concern for struggling employees and failed to check in or offer help • Communication and support from top leadership were largely absent during periods of high stress • Colleagues were also overwhelmed and overworked, leaving little ability to provide meaningful support • The overall atmosphere created isolation and frustration due to lack of assistance and empathy

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