Washington Mutual Reviews

Updated June 28, 2015
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Approve of CEO
Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
42 Ratings

Pros
  • Great people, true team environment, challenging work, fair compensation, perfect work/life balance (in 41 reviews)

  • Great place for those who enjoy being challenged and surpassing expectations (in 14 reviews)

Cons
  • The assistants worked like dogs with very little praise, loan officers got all of the glory (in 13 reviews)

  • Too much risk in the subprime lending (in 8 reviews)

More Pros and Cons

365 Employee Reviews

Sort: Popular Rating Date
  1. Helpful (1)

    Desktop Support

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    culture, people, benefits, latitude to move in the company

    Cons

    upper management, slow on making decisions


  2. Customer-centric brand and company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time

    Recommends
    Recommends

    Pros

    great people, opportunities, work environment

    Cons

    acquired by Chase, no longer a company


  3. Great company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great company. Great people. Well-loved place to work.

    Cons

    Overall, all things considered, no cons.

    Advice to Management

    None.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Group Product Manager in Seattle, WA
    Former Employee - Group Product Manager in Seattle, WA

    I worked at Washington Mutual

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    I enjoyed working there for 10 years.

    Cons

    It went out of business.

    Advice to Management

    Don't go out of buisness


  6. First Vice President Markeitng

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - First Vice President in Seattle, WA
    Former Employee - First Vice President in Seattle, WA

    I worked at Washington Mutual full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fun culture. Growth culture. Supportive executive management in the Mortgage Division.

    Cons

    Many mergers and reorganizations made it challenging to motivate people and keep everyone going all of the time.


  7. Great Company to work for.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    The company was fair. It had great benefits and recognition program that made the employees feel valued.

    Cons

    The management could have been a little clear on the direction of the company.

    Advice to Management

    Make sure your employees stay well informed in your direction


  8. Was great while it lasted

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    Decent pay for a high school student; very social; opportunity to take initiative and advance

    Cons

    Always pushing the up-sell. And up-selling subprime loans lead to terrible consequences in the end.

    Advice to Management

    Well, you don't really exist anymore. So next time when you have a business that survived the great depression, try to put people first (not profits) and survive the great resession.


  9. Funder

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Campbell, CA
    Former Employee - Anonymous Employee in Campbell, CA

    I worked at Washington Mutual

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good people to work with

    Cons

    The system was really bad


  10. Great place

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    There was great life work balance

    Cons

    The purchasing of wamu by chase


  11. Dysfunctional company, no longer around

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Since the level of performance was low, gave plenty of experience improving processes.

    Cons

    Low growth opportunity, little trust of management, very poor salary practices for long time employees, impossible to adjust salaries of loyal employees when new employees in the same position were hired on at 25% or more higher salaries.



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