Low Pay/ False Promises/ Not worth the Work - Administrative WaFd Bank Employee Review

1.0
Dec 31, 2020
Recommend
CEO approval
Business outlook

Pros

It was extremely easy to get hired, too easy

Cons

No training: there’s little to no formal training for my job description. It’s all here say and constantly changing. Commercial Team is Put on a Pedestal No raises, bonuses and little opportunity to move up in the job. I was promised several bonuses, saw nothing and none of it was communicated to me. Professionalism is few and far between. Both front line and back office staff are extremely rude to one another. Seems to be no solid rules. Everything is nuanced, and quite frankly feels sketchy. Employee cries for help for better systems, technology and training fall on deaf ears. Constant work load increase with no compensation. Health benefits are mediocre. Was promised the world and was quickly disappointed.

avatar
WaFd Bank Response
5y
Thank you for your post, I take your feedback seriously. Wish you all the best going forward

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 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.

See reviews by: Helpful|Rating|Date|All