Washington Mutual Reviews

Former Employee – worked at Washington Mutual

Pros – The people were nice to work with

Cons – This company no longer exist

Former Employee – worked at Washington Mutual full-time for more than a year

Pros – Despite some interesting growth opportunities, I'd call it a job and not a career. Decent pay, high turnover. Upper movement determined on office politics rather than merit. But I suppose that's true at many places.

Cons – Upper management pushes some questionable growth numbers. Is it possible for a small branch to open 100+ new accounts in a month? Definitely. Are those accounts really needed and necessary in a small community? Probably not.

Advice to Senior Management – A mission statement should be a mission statement, not a PR device to brainwash employees and consumers alike into thinking poor money management, big fees, and behavior inconsistent with said mission statement.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than 3 years

Pros – I truly enjoyed my time at WaMu. I loved my team and the people I worked with, learned a lot, was challenged by the work I did and liked the company's culture.

Cons – Getting shut down by the FDIC and being devoured by JPMorgan was kind of a downer.

Advice to Senior Management – Ignoring risk and lending out to anybody regardless of whether they can repay the loan isn't really a good business model.

Yes, I would recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 7 years

Pros – It was a nice work environment, coworkers were great.

Cons – too much red tape and hard to get point across

Advice to Senior Management – listen more to your reports.

No, I would not recommend this company to a friend

Current Employee – been working at Washington Mutual full-time for more than 8 years

Pros – Great people, great benefits, great job.

Cons – Extremely poor executive management who destroyed the Bank.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than a year

Pros – Generally a fair working environment.

Cons – Lack of integrity at the leadership levels.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Washington Mutual full-time for more than 10 years

Pros – I was in a great group that drove enterprise finance support for the company. We had a lot of synergy and were recognized as subject matter experts in our roles. My manager was demanding but also collaborative and supportive.

Cons – Shame that so many good people who worked hard were impacted by such a short-sighted risk management strategy.

No, I would not recommend this company to a friend

Current Employee – been working at Washington Mutual

Pros – Good Working Conditions, Friendly Atmosphere

Cons – Renumeration is not that great, Work Life Balance is Poor

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Washington Mutual full-time for more than 3 years

Pros – Focus on work-life balance
Young company, with most employees in the 18-45 age range
Good benefits
Frequent 1:1 meetings with management
Lots of communication

Cons – Performance reviews and expectations not in line with those advertized.
Performance reviews were changed so that the vast majority of employees received a "3" out of 5, which meant doing your job well, but not enough for even a cost of living raise.
Salaries for employees varied widely and sometimes had jumps of up to 50% of base salaries.
Salaries are not in line with corporate standards for areas with higher cost of living.
Frequent micromanagement
No margin for any error, which was, of course impossible, even 97% was not good enough.

No, I would not recommend this company to a friend

Former Employee – worked at Washington Mutual full-time for more than 7 years

Pros – Career development
Training opportunities
Fair Recognition and Rewards

Cons – Once you are good in a field they were not encouraging or supportive of switching. Techies were discouraged from going into management for example.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company