Washington Mutual - Good people hurt by bad decisions | Glassdoor
There are newer employer reviews for Washington Mutual
There are newer employer reviews for Washington Mutual

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Helpful (1)

"Good people hurt by bad decisions"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Financial Analyst in Seattle, WA
Former Employee - Senior Financial Analyst in Seattle, WA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I worked at Washington Mutual full-time (More than 10 years)

Pros

I was in a great group that drove enterprise finance support for the company. We had a lot of synergy and were recognized as subject matter experts in our roles. My manager was demanding but also collaborative and supportive.

Cons

Shame that so many good people who worked hard were impacted by such a short-sighted risk management strategy.

Other Employee Reviews for Washington Mutual

  1. "A rewarding experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Database Administrator in Seattle, WA
    Former Employee - Senior Database Administrator in Seattle, WA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Career development
    Training opportunities
    Fair Recognition and Rewards

    Cons

    Once you are good in a field they were not encouraging or supportive of switching. Techies were discouraged from going into management for example.


  2. "Great bank and opportunity, depending on your position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Recruiting Assistant in Santa Rosa, CA
    Current Employee - Recruiting Assistant in Santa Rosa, CA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Washington Mutual full-time (More than 3 years)

    Pros

    Focus on work-life balance
    Young company, with most employees in the 18-45 age range
    Good benefits
    Frequent 1:1 meetings with management
    Lots of communication

    Cons

    Performance reviews and expectations not in line with those advertized.
    Performance reviews were changed so that the vast majority of employees received a "3" out of 5, which meant doing your job well, but not enough for even a cost of living raise.
    Salaries for employees varied widely and sometimes had jumps of up to 50% of base salaries.
    Salaries are not in line with corporate standards for areas with higher cost of living.
    Frequent micromanagement
    No margin for any error, which was, of course impossible, even 97% was not good enough.

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

See Most Recent

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