Washington Mutual

  www.wamu.com
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Washington Mutual Reviews

Updated Jul 22, 2014

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All Employees Current Employees Only

3.1 343 reviews

39% Approve of the CEO

Washington Mutual Chairman & CEO JP Morgan Chase James Dimon

James Dimon

(33 ratings)

44% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture(in 39 reviews)

  • They offered great benefits and good supports for the families of employees(in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels(in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis(in 15 reviews)

343 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Loved Wamu

    Anonymous Employee (Former Employee)

    ProsCorporate culture
    Advancement Opportunity
    People you work with are awesome
    Value placed on employees

    ConsMany people moved thousands of miles and the center was closed down shortly after.
    Wrong people stayed in leadership for too long

    Advice to Senior ManagementListen to employees and don't ask them to move

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    SVP

    Anonymous Employee (Current Employee)

    ProsGreat work life balance and benefits

    Conspoor management of bottom line

     

    short teller experience

    Anonymous Employee (Former Employee)

    Prosflexible hours that worked with my school schedule.

    Conslack of skilled management team

    Advice to Senior Managementn/a

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    Sad to see the company go

    Anonymous Employee (Former Employee)

    ProsThe people were nice to work with

    ConsThis company no longer exist

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    It was a great experience while it lasted.

    Senior Financial Analyst (Former Employee) Seattle, WA (US)

    ProsI truly enjoyed my time at WaMu. I loved my team and the people I worked with, learned a lot, was challenged by the work I did and liked the company's culture.

    ConsGetting shut down by the FDIC and being devoured by JPMorgan was kind of a downer.

    Advice to Senior ManagementIgnoring risk and lending out to anybody regardless of whether they can repay the loan isn't really a good business model.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    It's a job, not a career

    Personal Banker (Former Employee) Palo Alto, CA (US)

    ProsDespite some interesting growth opportunities, I'd call it a job and not a career. Decent pay, high turnover. Upper movement determined on office politics rather than merit. But I suppose that's true at many places.

    ConsUpper management pushes some questionable growth numbers. Is it possible for a small branch to open 100+ new accounts in a month? Definitely. Are those accounts really needed and necessary in a small community? Probably not.

    Advice to Senior ManagementA mission statement should be a mission statement, not a PR device to brainwash employees and consumers alike into thinking poor money management, big fees, and behavior inconsistent with said mission statement.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • No Opinion of CEO

     

    It was good while it lasted

    QA Analyst (Former Employee) Pleasanton, CA (US)

    ProsIt was a nice work environment, coworkers were great.

    Constoo much red tape and hard to get point across

    Advice to Senior Managementlisten more to your reports.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Lack of Leadership at all levels.

    Human Resources Business Partner (Former Employee) Seattle, WA (US)

    ProsGenerally a fair working environment.

    ConsLack of integrity at the leadership levels.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Company Review

    Associate General Counsel (Current Employee) Seattle, WA (US)

    ProsGreat people, great benefits, great job.

    ConsExtremely poor executive management who destroyed the Bank.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Good people hurt by bad decisions

    Senior Financial Analyst (Former Employee) Seattle, WA (US)

    ProsI was in a great group that drove enterprise finance support for the company. We had a lot of synergy and were recognized as subject matter experts in our roles. My manager was demanding but also collaborative and supportive.

    ConsShame that so many good people who worked hard were impacted by such a short-sighted risk management strategy.

    No, I would not recommend this company to a friend

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