Be careful with work culture - Anonymous employee WaFd Bank Employee Review
1.0
Jun 15, 2020
Anonymous employee
Former employee
Recommend
CEO approval
Business Outlook
Pros
Good benefits although low pay
Cons
Local branches are very cliquey and it is difficult to become part of the team. managers were belitting and created a toxic environment. Becareful joining a local branch! Research and talk to previous employees from that specific branch.
WaFd Bank Response
5y
I am sorry to hear of your experience and wish you well in the future.
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.
