Washington Mutual Reviews

Updated 16 October 2014
Updated 16 October 2014
350 Reviews
4.0
350 Reviews
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Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
36 Ratings

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture (in 40 reviews)

  • They offered great benefits and good supports for the families of employees (in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Excellent work environment!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Data Analyst in Seattle, WA (US)
    Former Employee - Senior Business Data Analyst in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than 3 years)

    Pros

    The company offered a variety of advancement opportunities.

    Cons

    No cons come to mind.

    Disapproves of CEO
  2.  

    Great place to learn and develop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accountant in Seattle, WA (US)
    Former Employee - Accountant in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than an year)

    Pros

    Good bonuses
    Good compensation
    Sense of community

    Cons

    The mortgage meltdown closed the company

    Advice to ManagementAdvice

    You should have taken more care with mortgages. Chase is not the same as wamu.

    Recommends
    Negative Outlook
    Disapproves of CEO
  3.  

    fun

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Washington Mutual

    Pros

    diverse environment with plenty of opportunities to move around. Great facilities and comparatively nice work environment

    Cons

    the company no longer exists. CEO's toupee not as awesome as The Don's. Although close second

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Trader

    Former Employee - Trader in Seattle, WA (US)
    Former Employee - Trader in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than 5 years)

    Pros

    Highly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

    Cons

    After becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

    Advice to ManagementAdvice

    Retain employees who can contribute to the greater organiztion

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Amazing family like environment until its demise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    Great benefits, excellent location, inspirational leaders (like Deanna Oppenheimer)

    Cons

    When Deanna O left for Barclay's, it seemed like the heart of WaMu went with her.

    Advice to ManagementAdvice

    Wish the company was still around

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Fun while it lasted

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    great working conditions and people

    Cons

    hiring steve rotella going for the easy dollar did them in

    Advice to ManagementAdvice

    stick to what made you what you are and don't try too hard to be one of the big guys

    Disapproves of CEO
  8.  

    Washington Mutual was a great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager - Finance in Seattle, WA (US)
    Former Employee - Senior Manager - Finance in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than 8 years)

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to ManagementAdvice

    Communicate with your employees before the press

    Recommends
    Negative Outlook
    No opinion of CEO
  9.  

    Great company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - First Vice President in Seattle, WA (US)
    Former Employee - First Vice President in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than an year)

    Pros

    Excellent attention to employees and customers.

    Cons

    Unable to manage their business risks.

    Advice to ManagementAdvice

    Don't come back.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Great branch structure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Financial Representative in Brooklyn, NY (US)
    Former Employee - Personal Financial Representative in Brooklyn, NY (US)

    I worked at Washington Mutual full-time (more than an year)

    Pros

    Incentive is great in company

    Cons

    Low starting base salary. Could be higher

    Advice to ManagementAdvice

    Chase.....

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11.  

    Culturally, one of the better ones

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Seattle, WA (US)
    Former Employee - Manager in Seattle, WA (US)

    I worked at Washington Mutual full-time (more than 3 years)

    Pros

    Opportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    Cons

    Too many changes in upper management that disrupted the lower ranks - on a regular basis.

    Recommends
    Negative Outlook
    Disapproves of CEO

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