Good Company and People but a few quibbles - Personal Banker WaFd Bank Employee Review

4.0
Jun 14, 2022
Recommend
CEO approval
Business Outlook

Pros

*Good Benefits Package including Stock Options, Reasonably Priced Health Care Options, 401(K) and Performance Bonuses and PTO

Cons

*Covid-19 Protocols are lacking. They required employees to use their sick and personal PTO and if the had inadequate balances go without pay. Felt like their policies were always there to meet minimum CDD recommendations and were designed to protect profits of company over people. *The PTO accrual system requires a long wait before it starts to increase. Wish it had an annual increase even if it was just a couple hours a year rather than the 5 year wait for the first increase

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WaFd Bank Response
3y
Thanks for your post, I appreciate your perspective. COVID was hard to work through together but I am incredibly proud of how we handled it . Not to say we were perfect, but given the circumstances we built our culture and we focused on the health and safety of our teams and clients - while keeping the bank open for business.

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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