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

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too late. company no longer exists

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Senior Internal Controls Analyst in Seattle, WA
Current Employee - Senior Internal Controls Analyst in Seattle, WA

I have been working at Washington Mutual

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

Pros

used to be the core values and culture, but now what's left is quickly being assimilated by Chase. The only thing left are the branches, which are now Chase

Cons

Bad management ran the company into the ground. Obviously a big downside is that it doesn't exist any more.

Advice to Management

Too late now. Thanks for all your hard work in ruining a once proud company.

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  1. The ups and downs of being a Wamulian

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Loan Coordinator in Melbourne, FL
    Current Employee - Senior Loan Coordinator in Melbourne, FL

    I have been working at Washington Mutual

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

    Pros

    Benefits are very competitive and affordable. The employee portion is based on your salary so the higher your salary the more you contribute to the benefit package. This is very helpful for lower level employees who are not paid as much. The atmosphere at Wamu was very pleasant and it was an enjoyable place to work, but as pressure increased to push through loans the feeling became more of a sweatshop than a bank.

    Cons

    There is a lack of communication. Even during the time when we knew the company was going under, the official communications we recieved still stated we were in a strong position and to provide that information to customers as well. To continue to encourage employee participation in stock plans that were doomed to failure is gross negligence on the part of the company's leadership

    Advice to Management

    Respect your employees enough to tell them the truth and take responsibility for you actions.


  2. Poor Execs kill what was once a great company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Tech Manager
    Current Employee - Tech Manager

    I have been working at Washington Mutual

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

    Pros

    The corporate values (fair, caring, dynamic, driven, etc ) were embrassed by many of the employees that worked there. While there were tight timelines on many projects it seemed that you could easily limit your hours to 40 per week without any adverse impacts on the projects - this was due primarily to the fact that the company was over staffed and there were a lot of resources to get the work done. The people were great!

    Cons

    Incompetent management drove the company into the ground. Just because they had a large staff didn't mean they had the RIGHT staff, they could have done much more with less if they would have focused on the job at had and not building little fifedooms! Management needs to go back to school - and now they have the time:)

    Advice to Management

    More isn't always better. Better is better!


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

See Most Recent

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