Mixed Feelings - Anonymous employee WaFd Bank Employee Review

3.0
4 Apr 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It is hard to come up with a lot of pros to work at Washington Federal, as most of the reasons I came to this company have slowly but surely started to go away. The hours are still great, hoping that they stay the same...

Cons

The pay is terrible here compared to other banks, raises are so small they don't make a difference. New programs, products, etc are usually rolled out without being perfected first, then there is always a lot of back tracking to try and get it right. Nobody seems to be on the same page, if you call one person to ask a question, you will usually get a different answer from someone else. It can be frustrating at times for employees and for clients.

Explore other reviews about WaFd Bank

5.0
18 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
28 May 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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