WaFd Bank reviews

3.3

49% would recommend to a friend

(644 total reviews)
avatar

Brent Beardall

63% approve of CEO

41% positive business outlook

WaFd Bank has an employee rating of 3.3 out of 5 stars, based on 644 company reviews on Glassdoor which indicates that most employees have a good working experience there. The WaFd Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.6 stars).

Reviews by job title

644 reviews
1.0
Mar 1, 2016

Not what it used to be

Recommend
CEO approval
Business Outlook

Pros

The 11% to the 401K they put in is excellent. The people that work here are really nice and some are like family.

Cons

The 3% maximum raise that you will probably never see, does not keep up with what the economy has done. Senior management has seen 200 - 300% raises in the time I have been here. New employees are often making more than their supervisors because of the minimal pay raises and the current cost of wages. The bonus plan is a joke. There are no pay grades for any job. If you are new, I guarantee you make way more than the person with 10 years experience doing the same job. I could go on but I am sure you get the idea.

1.0
Oct 19, 2015
Recommend
CEO approval
Business Outlook

Pros

None. You use to get taken out to lunch each year you've been with the company. They took that away as well.

Cons

The pay sucks!!! They dont pay their employees what they are worth because they are greedy. You can google corporate peoples name and see how much they make yearly.

1.0
Oct 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Nice co-workers, bankers hours Monday through Friday, most holidays off. Free bus pass. Annual Christmas party. Free pop and juice.

Cons

Pays minimum wage. Lateral promotions only with no pay increase. One of the few nice things was monthly department potlucks - the CEO has now taken that from us, as well.

Viewing 43 - 45 of 644 Reviews

Glassdoor has 658 WaFd Bank reviews submitted anonymously by WaFd Bank employees. Read employee reviews and ratings on Glassdoor to decide if WaFd Bank is right for you.