Washington Mutual
3.1 of 5 337 reviews
www.wamu.com Seattle, WA 5000+ Employees

Washington Mutual Reviews

Updated Mar 17, 2014

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3.1 337 reviews

                             

39% Approve of the CEO

Washington Mutual Chairman & CEO JP Morgan Chase James Dimon

James Dimon

(33 ratings)

44% of employees recommend this company to a friend
337 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Good work/life balance, employees treated fairly, good company values, nice culture"
    in 39 reviews
  • "Good Benefits with a decent pay for an employee who has litte or no previous job experience to bring to the table"
    in 15 reviews
Cons:
  • "Senior management was a mixed bag; lack of accountability at the highest levels"
    in 35 reviews
  • "Too many changes in upper management that disrupted the lower ranks - on a regular basis"
    in 15 reviews
  • Show more review highlights

Reviews

  • Approves of CEO

 

Trader

Trader (Former Employee)
Seattle, WA (US)

I worked at Washington Mutual full-time for more than 5 years

ProsHighly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

ConsAfter becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

Advice to Senior ManagementRetain employees who can contribute to the greater organiztion

No, I would not recommend this company to a friend

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Amazing family like environment until its demise

Anonymous Employee (Former Employee)

I worked at Washington Mutual

ProsGreat benefits, excellent location, inspirational leaders (like Deanna Oppenheimer)

ConsWhen Deanna O left for Barclay's, it seemed like the heart of WaMu went with her.

Advice to Senior ManagementWish the company was still around

No, I would not recommend this company to a friend

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Fun while it lasted

Anonymous Employee (Former Employee)

I worked at Washington Mutual

Prosgreat working conditions and people

Conshiring steve rotella going for the easy dollar did them in

Advice to Senior Managementstick to what made you what you are and don't try too hard to be one of the big guys

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  • No Opinion of CEO

 

Washington Mutual was a great company to work for

Senior Manager - Finance (Former Employee)
Seattle, WA (US)

I worked at Washington Mutual full-time for more than 8 years

ProsWashington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

ConsLack of communication with employees

Advice to Senior ManagementCommunicate with your employees before the press

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great company to work for.

First Vice President (Former Employee)
Seattle, WA (US)

I worked at Washington Mutual full-time for more than a year

ProsExcellent attention to employees and customers.

ConsUnable to manage their business risks.

Advice to Senior ManagementDon't come back.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great branch structure

Personal Financial Representative (Former Employee)
Brooklyn, NY (US)

I worked at Washington Mutual full-time for more than a year

ProsIncentive is great in company

ConsLow starting base salary. Could be higher

Advice to Senior ManagementChase.....

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Culturally, one of the better ones

Manager (Former Employee)
Seattle, WA (US)

I worked at Washington Mutual full-time for more than 3 years

ProsOpportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

ConsToo many changes in upper management that disrupted the lower ranks - on a regular basis.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Branch Loan Officer

Loan Officer (Former Employee)
New York, NY (US)

I worked at Washington Mutual full-time for more than 3 years

ProsThe company provided access to current mortgage holders

ConsThe Company didn't offer products for the areas in which the branches were located

Advice to Senior ManagementHave better products

No, I would not recommend this company to a friend

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Great career development opportunity

Anonymous Employee (Former Employee)

I worked at Washington Mutual

ProsGreat development opportunities
Meaningful work
Fun environment
Competitive benefits, perqs and pay

ConsToo heavily focused on mortgage business
Very sales centric - not balanced with risk management
Many long-term employees were complacent and rode the wave up

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Crazy but fun

Senior Technology Manager (Former Employee)
Seattle, WA (US)

I worked at Washington Mutual full-time for more than 8 years

ProsLots of room to learn, plenty of opportunity. Lots of collaboration and the chance to work on completely new projects. I really enjoyed my time there, and learned a TON. Plenty of opportunity to work with senior management closely, if you were working on strategically aligned projects.

ConsAbsolutely crazy as everything crashed... no work/life balance, disregard for long term business reality in pursuit of short term immediate financial gain.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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