Does not care about employees - Senior Software Engineer Axos Bank Employee Review

1.0
Feb 25, 2021
Recommend
CEO approval
Business outlook

Pros

You may end up working with good people on your team, paid holidays, decent benefits.

Cons

Upper management and executives do not care about the employees. When COVID lockdowns first started, the CEO sent out an email threatening people’s jobs. Tracking software was installed on everyone’s laptops to manage productivity, and that software is still used when people return to the office. Also, some teams were forced to stay in the office, and many people got sick in the Las Vegas office. Management did not notify people appropriately. The CEO is a whack job. He sent out a crazy chain email with tons of fake news to the whole company in the middle of the pandemic. He also started posting “news” articles during the BLM protests that blamed liberals for everything. It was sickening to see him push his politics on the employees. Add to that, Ronald Reagan and conservatism is pushed in all the company documents, core values, etc. The office politics are insane too. Everything is a blame game instead of finding a way forward.

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Axos Bank Response
5y
Thank you for sharing your views. At Axos, our team members are our most important asset. As we've said elsewhere on this platform, we believe our team members are better positioned to succeed by working in the office than working remotely. Accordingly, we’ve taken numerous precautions -- and we comply with all applicable laws and regulations -- to ensure that in-office work happens safely. Our CEO is committed to making Axos best in class, and the company has thrived under his leadership. Annual earnings per share rose from 9 cents in the fiscal year before he became CEO to $2.98 in the most recent fiscal year -- a more than 33-fold increase. It's not immediately clear to us how political bias is being pushed in our seven core values, which are as follows: - Emotional Involvement and a Positive Mental Attitude - Growth in Competence and Knowledge - Character (as defined by five pillars: trustworthiness, respect, responsibility, fairness and caring) - Superior Individual Performance within Our Meritocracy - Teamwork - Rationality (Fact-Based Objectivity) - Customer Obsession We hope you have found a better fit.

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5.0
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Pros

Great teammates, great boss, flexible with hours (these may just be within my team, specifically). The team and the company has a clear vision on where they want to go. There are semi-annual bonuses, comprised of cash and stock. I have yet to sell any stock, and so far it has grown in value.

Cons

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2.0
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Pros

The company’s focus on AI and automation was genuinely valuable. It provided opportunities to learn new skills and stay current with emerging technologies.

Cons

• Workloads were consistently extreme, leaving employees with no real relief or balance • Employees were expected to work excessively long and exhausting hours on a constant basis • Daily expectations were unrealistically high, creating a cycle of stress and disappointment • The environment showed little regard for employee wellbeing or sustainable working conditions • Burnout became a constant risk due to sustained pressure and lack of support • Leadership showed no visible concern for struggling employees and failed to check in or offer help • Communication and support from top leadership were largely absent during periods of high stress • Colleagues were also overwhelmed and overworked, leaving little ability to provide meaningful support • The overall atmosphere created isolation and frustration due to lack of assistance and empathy

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