Great place to start, but not stick around. - Personal Banker WaFd Bank Employee Review

3.0
30 Jan 2021
Recommend
CEO approval
Business outlook

Pros

Schedule, vacation days, bonuses for those who qualified

Cons

No chance of moving up. Their hourly pay is horrendous when you compare to other banks, especially for their expectations. They hit you with but our “bonus” ok but what do you say to those employees at branches that don’t get nearly any foot traffic and never qualify for a bonus.

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WaFd Bank Response
5y
Thank you for your post, I wish all the best in your future. Your concerns are valid and we are working on finding the right mix for our employees.

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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