Training Ground - Anonymous employee WaFd Bank Employee Review

2.0
30 Dec 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

If you stick it out, you can learn a lot and move to a different bank or another company for higher pay. It's a pretty low key work place for Corporate, and with enough drive/initiative, you can make the job work for you. Not very many banks will hire inexperienced tellers, Wafed does.

Cons

The people are usually nice, but everyone is stressed with all the system and management changes. The pay is terrible, and don't expect decent raises. A big draw used to be the bonus plan but they keep changing the criteria.

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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