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      WaFd Bank

      Engaged Employer

      WaFd Bank reviews

      Work with no pay - Corporate Office Employee WaFd Bank Employee Review

      2.0
      May 22, 2020
      Corporate office employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Does a lot for their communities.

      Cons

      No bonus for all the hard working corporate employees while essential employees got 25% more pay for over a month due to the virus. THEN our boss asked us to work over the Holiday weekend and was told it would not be paid but is VOLUNTEER as there is no room in the budget for over time at this time.

      avatar
      WaFd Bank Response
      6y
      Thank you for your comment and I understand your frustration. No back office bonus was paid because we did not make our goals - net income was down as a result of the very challenging environment. The good news is we are talking about growing the bank and not cutting jobs, like many others are. Please continue to help us be more efficient and deliver for both our communities, employees and shareholders. I am happy to discuss with you if you would like, it was not an easy message to deliver.

      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
      Fiu analyst
      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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