Make more on unemployment than managing a bank branch for Wafd - Branch Manager WaFd Bank Employee Review

3.0
3 June 2021
Recommend
CEO approval
Business outlook

Pros

To mad to comment about my compensation to see clearly.

Cons

Horrible pay inequity the obviously.

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WaFd Bank Response
5y
Thank you for your comment and would welcome a chance to discuss in person. Each year we do analyze pay grid and look for inequities and take steps to correct. The current level of stimulus injected into the economy as a result of the Pandemic and the incentives we are paying the unemployed is creating a huge imbalance. This can be seen with record number of job openings in the economy. I am very proud of the opportunity WaFd bank provides, notwithstanding the short term aberrations that are currently occurring.

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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