WaFd Bank reviews

Where to begin... I think my headline sums it up nicely, but - DEI... The company decided to remove the "E" from the Diversity, Equity, and Inclusion Committee, because apparently Equity is not important to them, and it shows! I have it on good authority that the company LIES on its EEO reports, and I don't believe that's the only report they're lying on. Pay... Wages across the board are MINESCULE. Raises this year did not even keep up with the rising cost of inflation, but management said the new commercial bonus structure (125%) would make up that difference. The only problem is, management LIED. A week before the spring term payout they rolled back the bonus plan as it was "too generous" and instead paid employees a 50% maximum on six months' salary (even though it was supposed to be on twelve months' salary). Additionally, the money owed was split again to be paid 50% in May and the remainder in November. WE'LL SEE! Management has pitted teams against each other, and morale is at an all-time low. This isn't a surprise since we were told "Do not expect an additional bonus in the fall". They pride themselves on keeping their foot on the necks of anyone who isn't a white male, and part of their little boy's club. The Morman nepotism runs rampant in both hiring practices and clientele. On top of the low pay, benefits suck. It’s a 60/40 split on medical premiums. Sure, go ahead and take more money out of my bottom line, while the CEO receives an accelerated bonus payout and a 60% salary increase in 2022. “Tuition reimbursement” LOL that’s what they’re calling it, but it’s really a loan that requires you to stay on as an employee for three years. Another way they are keeping their foot on the necks of the disenfranchised. Maternal/Paternal leave…. You have to exhaust your vacation time first before maternity/paternity leave kicks in. 401K company contribution was recently lowered from an 11% company match to 7%, further reducing employees bottom line after a measly 4% salary increase for 2023. Do yourself a favor and apply for work elsewhere. There are better companies out there.

Work environment with upper management is absolutely horrid. They have all the buzz words and none of the action to support it. They truly don't care.