This company truly cares about their employees. I have worked for another financial institution, and it is like night and day! The structure of the company is very parallel where even the CEO is accessible to a teller. It is a great environment to work in, no wonder people do not leave this company often!
Cons
The starting pay for anyone is usually lower than competing financial institutions, however the structure of the company is designed to payout in the long term through retirement and benefits.
WaFd Bank Response
8y
Thank you for your feedback, WAFD is a great place to work and we are working to make it better. It is the employees of WAFD that make the difference.
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.
