Don't care about the bank tellers - Anonymous employee WaFd Bank Employee Review

2.0
Oct 30, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The bank is large and the HQ is in Seattle so there are opportunities to grow within the company.

Cons

They pay you very little!

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WaFd Bank Response
7y
We are working hard to address compensation, including 5% across the board increases last year on top of normal merit increases. This year we just announced stock options for all full time employees. Thanks for your input, we now we can improve

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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