Lots of good intentions but not so much follow through - Anonymous employee WaFd Bank Employee Review

2.0
Jul 2, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Washington Federal is a bank that is rapidly trying to update their image and branding through rapid adoption of technologies that are seen as good value. The leadership is committed to bridging the overwhelming gaps between where they are as a company and where they want to be.

Cons

Not all technological advances are well thought out, and at its core WAFD is still that brick and mortar bank that didn’t have email before 2012. Advancement is not awarded based on merit or achievement, rather it’s loosely based on who you know, not what you know.

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WaFd Bank Response
7y
Thank you for your post. We are serious about pay for performance and accountability. Words are easy, action is much harder. Let me know how we are doing going forward.

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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