Good Until it Wasn't - Analyst WaFd Bank Employee Review

3.0
28 Dec 2024
Recommend
CEO approval
Business outlook

Pros

Work from home for all back office staff, very reasonable health insurance plan, and some fun perks - Christmas party, opportunity for free tickets to events, and 6 month bonuses (although these are tied to stock price - do NOT let them tell you these are a part of your compensation, they can't be relied on)

Cons

Income does not keep up with inflation, and if you are a hard worker and overachiever you will be taken advantage of. While there are ERGs, they are brand new and many regional management teams are incredibly anti-diversity and inclusion. While there are wonderful individuals here, it is an incredibly conservative field and a bit behind the times overall. Use incredible caution if you are disabled, LGBTQ, or a young professional. HR as a whole is very unlikely to assist you. If you are unfairly or erroneously placed on a performance improvement plan, there is no recourse for clearing your name.

Explore other reviews about WaFd Bank

5.0
18 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
28 May 2026
Recommend
CEO approval
Business outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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