Great People, Great Company - Anonymous employee WaFd Bank Employee Review

4.0
Oct 24, 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great people to work with. Feel like I'm part of a team with a shared vision for our division's success.

Cons

The base-pay is quite low which makes it difficult to attract talented employees. I've seen many talented employees go to other financial institutions as soon as they had a grasp of banking concepts. I'm personally hoping that my loyalty will pay off in the longer term in the form of a salary that is commensurate with my experience/work ethic/attitude and that is comparable with the competition (really, really hoping...)

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.

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