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
4.0
Oct 20, 2020

Improved

Recommend
CEO approval
Business Outlook

Pros

The company have improved with its technology and pay with the current CEO Mr Breadall.

Cons

Favoritism from management. And hard to move up or get recognize for hard work if you don’t suck up to management.

avatar
WaFd Bank Response
5y
Thank you for your post and please reach out to me to share more thoughts. We do not tolerate a culture of favoritism but rather a meritocracy based on performance. We are making big strides with technology which will only empower our employees more as we tackle challenges into the future.
3.0
Oct 13, 2020

I Love the Culture

Recommend
CEO approval
Business Outlook

Pros

Working for WaFd has been incredible. Management is more than willing to help you grow and never holds you back when your ambitions reach past your position. Retail Bonus structure is enticing. It does steer us to work harder and smarter for the bank and they rightfully reward us when the work is done - for bonuses that is. I am rarely talked down to, even as a retail employee. Whether I speak with VP's, Branch Support, etc..., it doesn't matter. I, for the most part, am treated with respect and am more than willing to give it back.

Cons

Oh my gosh the base pay is atrocious. Moving from Teller to Personal Banker increased my responsibilities 10 fold, yet my pay is only slightly above a Fast Food worker. If they raised their base pay, which I know they can afford from looking at WaFd's financial statements, I would recommend our bank to anyone. When employees are productive, efficient, and add incredible value to their company, the pay should reflect that. There SHOULD NOT be a fight to get pay increased more than a few %. Our dividends are high, it feels like they are appealing to the Shareholders rather than the employees who are doing their best.

avatar
WaFd Bank Response
5y
Thank you for your post. We have made significant strides in raising base pay but there is clearly more work to be done as basic costs of living (like rent) continue to increase. We try to strike the balance between the needs of our employees, customers and shareholders - all are important.
2.0
May 22, 2020

Work with no pay

Recommend
CEO approval
Business Outlook

Pros

Does a lot for their communities.

Cons

No bonus for all the hard working corporate employees while essential employees got 25% more pay for over a month due to the virus. THEN our boss asked us to work over the Holiday weekend and was told it would not be paid but is VOLUNTEER as there is no room in the budget for over time at this time.

avatar
WaFd Bank Response
6y
Thank you for your comment and I understand your frustration. No back office bonus was paid because we did not make our goals - net income was down as a result of the very challenging environment. The good news is we are talking about growing the bank and not cutting jobs, like many others are. Please continue to help us be more efficient and deliver for both our communities, employees and shareholders. I am happy to discuss with you if you would like, it was not an easy message to deliver.
Viewing 130 - 132 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.