Manager and colleagues are supportive and great to work with. No sales goals at this time or pressure to sale, but that looks like that’s changing soon.
Cons
Wafd is behind in technology. It takes many steps to open accounts, perform maintenance on accounts and their systems are slow. There’s always issues with the system crashing. We had better systems for account opening and maintenance 10 years ago when I worked at a larger bank. Training is not great, but has made improvements. The pay is low for industry standards. Starting pay at other mid size banks pay more.
WaFd Bank Response
9mo
thanks for your review and constructive feedback, we are working on simplifying our systems every day. more to be done. Let's make a difference.
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.
