Washington Mutual Reviews

Updated March 26, 2015
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4.0
358 Reviews
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Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
39 Ratings

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

  • They offered great benefits and good supports for the families of employees (in 14 reviews)

Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Pros and Cons

Employee Reviews

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  1. Great place

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

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

    Pros

    There was great life work balance

    Cons

    The purchasing of wamu by chase

    Recommends
    Neutral Outlook
  2. Dysfunctional company, no longer around

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

    I worked at Washington Mutual

    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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. Worked in finance.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual

    Pros

    Worked with some very smart and talented people.

    Cons

    The environment was passive aggressive at times.

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


  5. Amazing Place to work

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

    I worked at Washington Mutual

    Pros

    Bank Manager was awesome, understanding, communicative.

    Cons

    i can't think of one con. was a great place.

    Recommends
    Positive Outlook
    Approves of CEO
  6. The days went fast

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

    I worked at Washington Mutual

    Pros

    Very busy all the time

    Cons

    Very political with regional office

    Advice to ManagementAdvice

    More time off

    Neutral Outlook
    No opinion of CEO
  7. Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Closing in Bethel Park, PA
    Former Employee - Closing in Bethel Park, PA

    I worked at Washington Mutual full-time (more than a year)

    Pros

    All in all it's a good place to work.

    Cons

    I liked it there, so I really have no cons.

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. Excellent Place to Work

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

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

    Pros

    Great people, true team environment, challenging work, fair compensation, perfect work/life balance. Lots of opportunity with the ability and encouragement to "train up".

    Cons

    I, personally, saw no down side. Without a doubt the best place I have ever worked. Unfortunately, they were victim of the economic collapse between 2007 and 2010, otherwise I'd still be there!

    Advice to ManagementAdvice

    Great Management. Knowledgeable, open and engaged.

    Recommends
    Negative Outlook
    Approves of CEO
  9. Employees were rewarded for good performance. Nice to be appreciated by the company you work for,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Back Office Administrative in Northridge, CA
    Former Employee - Back Office Administrative in Northridge, CA

    I worked at Washington Mutual full-time (more than 5 years)

    Pros

    Decent pay, good people and company support.

    Cons

    Too much risk in the subprime lending

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook
    Approves of CEO
  10. You will love it if you like to sing Kumbaya

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Project Manager in San Francisco, CA
    Former Employee - Senior Project Manager in San Francisco, CA

    I worked at Washington Mutual full-time (more than 5 years)

    Pros

    Nice work life balance. Great comp and benefits. Really caring organization.

    Cons

    Bad subprime loan strategy, chase leadership,

    Advice to ManagementAdvice

    Don't conduct a business practice or offer a product which you would not buy yourself

    Recommends
    Negative Outlook
    Approves of CEO
  11. Overwhelming Work Expectations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in Desert Hot Springs, CA
    Former Employee - Financial Consultant in Desert Hot Springs, CA

    I worked at Washington Mutual full-time (less than a year)

    Pros

    Lots of bank holidays which means time off

    Cons

    Product and Service lines are too narrow in scope.

    Advice to ManagementAdvice

    Listen to your staff.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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