Great Place to Work - Anonymous employee WaFd Bank Employee Review

4.0
Jan 4, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I have worked here for more than four years. I appreciate the open communication and that upper management colleagues are very approachable and supportive. This is a financial institution that believes in providing personalized customer service and they do not promote "selling" a product that is not needed by the client, they only ask us to recommend products that will be beneficial to clients. Recently the company provided most all employees a 5% salary increase when the tax relief bill was passed, what an awesome way to give back! They truly care about the employees and that is shown in the benefit package that they offer. Great insurance coverage, and I think the 401k contribution is one of the best and most generous out there.

Cons

Headquarters is in Seattle, so if you are looking for advancement in a back-office position, the opportunities are limited unless you live in Seattle.

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WaFd Bank Response
8y
Thanks for your feedback and what you do to serve our clients

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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