Washington Mutual Reviews | Glassdoor

Washington Mutual Reviews

Updated August 6, 2017
137 reviews

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4.0
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Washington Mutual Chairman & CEO JP Morgan Chase James Dimon
James Dimon
16 Ratings

137 Employee Reviews

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Pros
  • It had great benefits and recognition program that made the employees feel valued (in 17 reviews)

  • Stimulating environment, good pay, and great benefits (in 13 reviews)

Cons
  • poor business practices that led to company being seized by the FDIC (in 9 reviews)

More Pros and Cons

  1. "Loan processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Washington Mutual full-time

    Pros

    Great company to learn new skills

    Cons

    That the department was transferred to a different city


  2. "Company review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Washington Mutual full-time

    Pros

    Offered opportunities to work in a dynamic environment with dedicated people.

    Cons

    Sometimes strategic changes occurred very quickly.

  3. Helpful (1)

    "It was a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Team Lead in Irvine, CA
    Former Employee - Technical Team Lead in Irvine, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Loved location, people, and employ incentives

    Cons

    frustrated by some of the types of people they hired

    Advice to Management

    having personal skills, not just technical skills, matter


  4. "Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time

    Pros

    Great people to work with

    Cons

    Not great business practices from the top


  5. "Market Research"

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

    I worked at Washington Mutual full-time (More than 8 years)

    Pros

    Excellent leadership development program and transparent employee review practices.

    Cons

    No longer in business after being seized by the FDIC and sold for a song to JP Morgan Chase.


  6. "Door-to-Door: Not for Everyone"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Company has a well-deserved excellent reputation nationwide. Trainers are enthusiastic and know their product(s).

    Cons

    Door-to-door selling of supplemental health insurance is not for everyone. After-dark door-knocking in an unfamiliar neighborhood can be a concern for both men and women.

    Advice to Management

    Ensure potential agents are comfortable with straight commission and door-to-door selling before they are hired.


  7. "Good work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Professional atmosphere, coworkers always willing to help

    Cons

    Can't think of any. Everything was good and professional.

  8. "its cool"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Washington Mutual (More than a year)

    Pros

    it was fast past that made time go quickly.
    good pay
    staff was nice
    good incentivies

    Cons

    i didnt have any cons on this psrition everything was was nice and ran smoothly

    Advice to Management

    i dont have any advice to management, they seemed knowledgeable and very helpful, but they would give you space to figure things out


  9. "Great company"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

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

    Pros

    Provided training for future advancement

    Cons

    Sold out to Chase so jobs went away


  10. "Great place"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Washington Mutual full-time

    Pros

    Lots of improvements were in flight, getting better.

    Cons

    Profited, helped build the bubble, and burst.


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