Mar 2, 2021
WaFd Bank Response
5yThank you for your post, take home pay is a challenge and we know it is top of mind for our teams. How to balance base pay, incentive comp and benefits is never easy. We will continue to work on it.
Explore other reviews about WaFd Bank
5.0
Mar 18, 2026
Anonymous employee
Former employee, more than 5 years
Recommend
CEO approval
Business Outlook
Pros
The leadership at all levels is outstanding
Cons
No cons in the bank
2.0
May 28, 2026
Current employee, more than 5 years
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.