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      Axos Bank

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      Axos Bank reviews

      High Turnover, Low Pay - Project Manager Axos Bank Employee Review

      1.0
      6 Dec 2021
      Project manager
      Recommend
      CEO approval
      Business outlook

      Pros

      If you prove yourself capable, you'll be given a lot of responsibility. The company can be a great resume builder, as they use a variety of applications and systems that you will have to adapt to in order to get everyday tasks done.

      Cons

      Axos Bank is an *online* bank that refuses to allow remote work - even during a global pandemic. Their old fashioned work "culture" is driving employees away by the dozen, and they refuse to change. They see their employees as workers, not humans. When the pandemic first started, we were lectured by the CEO to not drop even 5% of our productivity. The turnover is so high that the people who stay are attempting to do 3 or 4 different roles. Time off is frowned upon and stressful. On the rare occasion you are allowed to work from home, they measure your key strokes as a sign of productivity. They pay slightly below market value - but try to sell their benefits as making the salary worth it. The bonuses they offer are largely stock that vests over 3 years - not many employees make it that long.

      avatar
      Axos Bank Response
      4y
      We agree with you on several points. In our meritocratic culture, team members are rewarded for delivering results that meet or exceed expectations. This can take the form of both higher compensation and greater responsibility. And it's also a point of pride for us that we give team members incredible exposure to applications and systems to which they wouldn't have access in similar positions at other companies. But we disagree on other aspects of your assessment. For example, it's not accurate to say that we refuse to allow remote work: At the outset of the pandemic in 2020, we deployed more than half of our team to work remotely. That said, we believe strongly that we're better off when we're all working together, and we've taken precautions to ensure this can happen safely. Finally, bonuses are typically paid out in a 50/50 mix of cash and stock. You're right that bonus stock grants vest over 3 years. With the share price having nearly quadrupled between March 2020-December 2021, those who received grants and have stayed with us have seen a nice windfall.

      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.

      avatar
      Axos Bank Response
      4d
      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
      avatar
      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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