Benefits & Wages - Personal Banker WaFd Bank Employee Review

5.0
Aug 24, 2018
Recommend
CEO approval
Business Outlook

Pros

Wonderful benefits. Coworkers are amazing. I like to be able to work at a bank that treats their clients like real human beings, instead of a number (like most larger banks). Management and back office is extremely helpful when I have questions.

Cons

The pay. The pay for what I feel I am putting in, is horrible. I have been working for this bank for over 5 years and you would think (knowing the capita of the bank) they would pay their employees WAY better. I also believe this company needs to have a better way to train employees. Because the branches are so small staffed, we are unable to work one on one with new hires.

avatar
WaFd Bank Response
7y
Thanks for your feedback, we ackowledge that in some ares we have fallen behind compared to the market in pay. That is why we provided the 5% increase in addition to normal increases in Jan 2018, but we still have more work to do. Finding the balance is an art not a science and we are working at it.

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.

See reviews by: Helpful|Rating|Date|All