There are newer employer reviews for Washington Mutual
There are newer employer reviews for Washington Mutual

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WaMu on its Last Leg as JPMorgan Chase Takes Over... Good Riddance!

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - First Vice President in San Francisco, CA
Current Employee - First Vice President in San Francisco, CA

I have been working at Washington Mutual

Doesn't Recommend
Disapproves of CEO
Doesn't Recommend
Disapproves of CEO

Pros

Fair Compensation and Benefits, Reasonable Work/Life Balance, Challenging Business Problems to Solve and Lots of Opportunities for Improvement in Business Models and Processes

Cons

Even before the JPM takeover, senior management communication was poor, and the overall level of leadership from the VP-level up vs. other financial companies has been mediocre at best (particularly from former Providian managers). Lack of understanding and appreciation for work support groups provide by Marketing and other senior leaders.

Advice to Management

Learn from your mistakes... You poorly managed the company, its employees, and its reputation, and look what happened. Improve the quality and frequency of leadership communication to keep employees informed.

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  1. Review of WaMu

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Lead Analyst in San Francisco, CA
    Current Employee - Lead Analyst in San Francisco, CA

    I have been working at Washington Mutual

    Disapproves of CEO
    Disapproves of CEO

    Pros

    The place I work in has a great work/life balance. The atmosphere and people are great in terms of friendliness.

    Cons

    The two downsides I see regularly is that not all the people have the talent or drive to make this an excellent place to work and that a lot of times, data that is presented to senior management may be "adjusted" to fit the needs of the presenter.

    Advice to Management

    Definately improve your risk management team in Card Services. Also, we need significant improvement in management and communication - which I am seeing so far in terms of WaMu / Chase integration... Cut back on the redudant levels of management... Especially the areas that are not vital.


  2. Recommended place to work

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Analyst in San Francisco, CA
    Current Employee - Senior Analyst in San Francisco, CA

    I have been working at Washington Mutual

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    The company values hard work. There is lot of opportunity to learn and grow. People are helpful and its easy to ask for assistance. The management team is cooperative and listens to employees. Its easy to communicate ideas with the senior management and the new ideas are appreciated. You are given the opportunity to interract and communicate your ideas. The benefits are great including the salary and PTO's. No company usually gives about 3 weeks in the first year itself. The other benefits including dental and eye is good too.

    Cons

    Not much wrong. There are lots of layers to moving up the ladder is tough.

    Advice to Management

    The senior management team is cooperative and works closely with the employees.


There are newer employer reviews for Washington Mutual
There are newer employer reviews for Washington Mutual

See Most Recent

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