Low pay and slow to move up - Junior Loan Processor Axos Bank Employee Review

3.0
29 May 2019
Recommend
CEO approval
Business outlook

Pros

Fun office environment, coworkers were nice.

Cons

The pay is pretty low and management has some weird rules about moving up in the company.

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Axos Bank Response
7y
Thank you for taking the time to share your comments. We’re glad you find the office environment enjoyable, although we differ with your remarks about remuneration, and we’re not quite sure what you mean about the ability to move up in the company. The Axos culture is meritocratic above all, and that means we provide opportunities for highly talented individuals to grow personally and professionally. At Axos, employees are able to take on responsibilities that go well beyond what people with similar experience levels would find in other organizations. Those who thrive in this culture are rewarded accordingly – both in terms of advancement opportunities and in terms of our competitive compensation structure, which comprises base pay plus merit-based bonuses. Those bonuses are paid out twice a year and are based on the individual’s contribution during the preceding 6-month performance period. It's our goal for you to grow personally and professionally, and so we encourage you to have a discussion with your manager about your career progression with Axos.

Explore other reviews about Axos Bank

5.0
14 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

• Realistic goals • Cutting-edge technology that speeds up the work • Solid career progression opportunities • Smart colleagues • Great compensation and generous benefits

Cons

No. At this point, I couldn’t ask for anything more.

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Axos Bank Response
5d
Thank you for the great feedback and we’re glad to hear the goals, technology, and team are making a positive impact on your experience. It’s great to know you’re seeing growth opportunities and value in our compensation and benefits. We appreciate you being part of Axos!
1.0
22 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Only pro here is that certain roles will let you operate above your title, e.g. exposure to sides of the job reserved for senior roles at other firms. 15 days PTO to start is actually not terrible either. Great coworkers depending on your team.

Cons

Too many to list here, but will try. Main issue here is the top-down culture of fear and internal politics, as the entire bank is at the whim of one person. Managers are exclusively concerned with looking good in front of the CEO, and even top SVPs are terrified to be honest with him. SVPs routinely complain about not being able to get comp raises for employees, while simultaneously being terrified to ask. Do not expect your manager to go to bat for you if it in any way involves being assertive. If you want to work for a borderline alt-right CEO who belittles employees openly, this is your spot. The only people that thrive here are those who have never worked elsewhere and do not know what a real company looks like. Looking forward to the HR denial response here too. Some other cons: - Zero WFH allowed - Below market compensation across all roles - Stock bonus vesting schedule that take 4 years to fully vest

4
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Axos Bank Response
2w
Axos is a performance-driven environment with a clear expectation of accountability, transparency, and results at every level. Leaders are expected to advocate for those who are performing on their teams, have direct conversations, and drive outcomes. Many employees thrive in this environment because it provides meaningful responsibility, exposure to leadership, and the opportunity to contribute beyond a narrowly defined role. Compensation and rewards are managed through structured processes aligned to market data, business performance, and individual contribution. Equity programs are designed to promote long-term alignment and retention, which is standard practice across the industry. Our onsite model is intentional and supports collaboration, speed of decision-making, and execution, key differentiators for our business. While that model may not be the right fit for everyone, it is clearly communicated and consistently applied. We continue to focus on attracting and retaining high-performing talent who are motivated by impact, ownership, and the opportunity to build in a fast-paced environment.
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