Washington Mutual

  www.wamu.com
  www.wamu.com
There are newer employer reviews for Washington Mutual

 

$20,000,000 v $5,000 - whose severance package would you prefer?

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Compliance Body in Irvine, CA
Former Employee - Compliance Body in Irvine, CA

I worked at Washington Mutual

Pros

It used to be because they seemed to be in touch with their customers with their funny "Stodgy Banker" ads and free checking. Then they lived a lie by telling everyone the bank was fine, all the time relying on the customers deposits as the reason they were in a "healthy position". Shame on you Kerry Killinger and others.

Cons

Management were totally distant..no recognition for a good job, just more work. I got a 50 cent pay increase in 4 years! Fishman, The CEO left after A MONTH with $20,000,000 dollars and most of the workers got between $5,000-$10,000. Disgusting.

Advice to ManagementAdvice

Resign.

Doesn't Recommend

353 Other Employee Reviews for Washington Mutual (View Most Recent)

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  1.  

    Was a good place to work until they laid off everyone...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Data Analyst II in Pleasanton, CA
    Current Employee - Business Data Analyst II in Pleasanton, CA

    I have been working at Washington Mutual

    Pros

    The card service division was once providian which had its up and downs over the years. Then Washington Mutual took over providian. There were many good coworkers and a very freindly enviroment. The management was very different department to department and the Washington Mutual core values did not seem to be followed / valued by different parts of management. This was a good place to work until they laid off everyone after the FDIC forced the sell of Wamu to JP Morgan Chase. Since then everyone spends there remianing time searching for a new job and going to interviews. Good by Wamu and the crazy commercials.

    Cons

    Not the best communication from management. No heads-up to upcoming changes.

    Advice to ManagementAdvice

    To be more open to all levels of the orginization.

    No opinion of CEO
  2.  

    I wasted my time here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Loan Consultant in Los Angeles, CA
    Current Employee - Loan Consultant in Los Angeles, CA

    I have been working at Washington Mutual

    Pros

    Your co-workers really keep you alive and kicking. Without them, the benefits are few and far between. The lower tier managers really seem to care for the subordinates but by the time you get to middle to higher management, you'll barely get to hear from them directly let alone witness their presence.

    Cons

    There is a very slow progression for your personal growth and advancement. The ratio between your effort / talent and your compensation is outrageously disporpotionate.

    Advice to ManagementAdvice

    Acknowledge your talented employees. More praise, more money and quicker advancements.

    Doesn't Recommend
    Disapproves of CEO
There are newer employer reviews for Washington Mutual

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