Terrible experience - Anonymous employee WaFd Bank Employee Review

1.0
27 July 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Not open on Saturdays so weekends off. Will not pay overtime, so always a 40 hour week. Good 401K. Free food and pop.

Cons

Cheap, Cheap Cheap. Will not spend money for the proper tools to do your job. Example: Cheap copy machine/printer down all of the time. Computer system EXTREMELY inadequate for the times. A lot of manual work because the system can't handle it. Pay is very poor. Will not hire enough staff to adequately and properly do the work. I literally had a headache after work for my last 6 months there. POOR COMMUNICATION. Lack of honesty on what they tell their employees. They say they treat their employees like family but cheat them in little unexpected ways in benefits. They only started offering bereavement pay a few years ago. Before that, who cares if you spouse dies. Ended up with Wa Fed due to an acquisition. Would never intentionally work there.

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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