The worst company I ever worked for - VP, Software Development Manager Axos Bank Employee Review

1.0
30 Apr 2023
Recommend
CEO approval
Business outlook

Pros

Good Location, no more pros at all

Cons

1)All 4-star and 5-star reviews are fake and written directly by HR. The real average rating of reviews is 1.5, not 3.5. 2)The philosophy and culture of the company is very simple: they are making their employees to work as much as possible and they are paying to their employees as low as possible. They call it "meritocracy." 3)They are paying approximately 20% below the market salary and they are making 1 employee to do a job of 2 or 3 people. 4)Most of employees consider this job as temporary job until they found a better one (most of employees work here less than 1 year). 5)Company understands that most of their employees are looking for another job and company is hiring nonstop for all positions 6)During last 3 years the value of the company increased for 50% or $6B, why? because company pays salary significantly below the market and company makes 1 employee to do a job of 2 or 3 people 7)Company can't afford to hire professional managers and most of them just threatening employees that they will be fired. It's their management style. 8)Several employees already sued company.

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Axos Bank Response
3y
Honesty and integrity are two of our core values at Axos. All our reviews are from current or former employees throughout Axos. Glassdoor requires email verification for each review posted and uses a proprietary technology to detect abuse. The bonus program is intended to reward based on one's contribution. It is most beneficial to those who remain at Axos longer term as the vesting schedule for our stock grants is 3 years (1/3 vests per year). Axos operates in the extremely dynamic and competitive financial services industry. Accordingly, Axos moves quickly to maintain its strong competitive position within that market. We understand that this can be challenging. We are actively hiring to improve our Team Members’ work balance as there continues to be worldwide labor shortages. Axos believes in promoting from within and continues to enhance our management training program for new and existing leaders.

Explore other reviews about Axos Bank

5.0
14 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

• Realistic goals • Cutting-edge technology that speeds up the work • Solid career progression opportunities • Smart colleagues • Great compensation and generous benefits

Cons

No. At this point, I couldn’t ask for anything more.

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Axos Bank Response
3d
Thank you for the great feedback and we’re glad to hear the goals, technology, and team are making a positive impact on your experience. It’s great to know you’re seeing growth opportunities and value in our compensation and benefits. We appreciate you being part of Axos!
1.0
22 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Only pro here is that certain roles will let you operate above your title, e.g. exposure to sides of the job reserved for senior roles at other firms. 15 days PTO to start is actually not terrible either. Great coworkers depending on your team.

Cons

Too many to list here, but will try. Main issue here is the top-down culture of fear and internal politics, as the entire bank is at the whim of one person. Managers are exclusively concerned with looking good in front of the CEO, and even top SVPs are terrified to be honest with him. SVPs routinely complain about not being able to get comp raises for employees, while simultaneously being terrified to ask. Do not expect your manager to go to bat for you if it in any way involves being assertive. If you want to work for a borderline alt-right CEO who belittles employees openly, this is your spot. The only people that thrive here are those who have never worked elsewhere and do not know what a real company looks like. Looking forward to the HR denial response here too. Some other cons: - Zero WFH allowed - Below market compensation across all roles - Stock bonus vesting schedule that take 4 years to fully vest

4
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Axos Bank Response
2w
Axos is a performance-driven environment with a clear expectation of accountability, transparency, and results at every level. Leaders are expected to advocate for those who are performing on their teams, have direct conversations, and drive outcomes. Many employees thrive in this environment because it provides meaningful responsibility, exposure to leadership, and the opportunity to contribute beyond a narrowly defined role. Compensation and rewards are managed through structured processes aligned to market data, business performance, and individual contribution. Equity programs are designed to promote long-term alignment and retention, which is standard practice across the industry. Our onsite model is intentional and supports collaboration, speed of decision-making, and execution, key differentiators for our business. While that model may not be the right fit for everyone, it is clearly communicated and consistently applied. We continue to focus on attracting and retaining high-performing talent who are motivated by impact, ownership, and the opportunity to build in a fast-paced environment.
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