Good opportunities to learn - FIU ALERT ANALYST WaFd Bank Employee Review

3.0
May 21, 2023
Recommend
CEO approval
Business outlook

Pros

Will wear many hats working in the BSA department. You will get "training" so you can assist other teams with their projects. Remote work allows for great work/life balance.

Cons

The company recently gutted the bonus program and profit sharing but turned around and created and funded a separate Supplemental Executive Retirement Plan for executives at $150-300k per person per year in addition to their regular 401k plans.

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WaFd Bank Response
3y
Thank you for your post, while I disagree with some of the claims you have made those are your perspectives and that matters to me. I would welcome a chance to hear your perspectives directly, please reach out to me.

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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