Excellent Values, Culture, and Benefits - Anonymous employee WaFd Bank Employee Review

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

Pros

Strong, sound, transparent Company with exceptional leadership. Excellent benefit package, and generous 401K contributions. Invested in the employee as evidenced by the recent 5% additional pay increase. Invested in the communities we serve (gives back). Strong teamwork.

Cons

Need to increase entry level pay.

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WaFd Bank Response
8y
thanks for your feedback, we have increased entry level pay. Teamwork is key. We have great employees

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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