Washington Mutual Reviews | Glassdoor

Washington Mutual Reviews

Updated December 8, 2016
133 reviews

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133 Employee Reviews

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

  • The work environment was pleasant (in 14 reviews)

Cons
  • upper management, slow on making decisions (in 17 reviews)

  • Bad industry coupled with bad decisions at the senior level have impacted stock and goodwill among customers and employees (in 6 reviews)

More Pros and Cons

  1. "Trader"

    Star Star Star Star Star
    Former Employee - Trader in Seattle, WA
    Former Employee - Trader in Seattle, WA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Highly motivated people, a lot of fun, and big salaries and great benefits. Flexibility to work at home. Nice cafe inside. Work hard and play hard environment.

    Cons

    After becoming acquired by JP Morgan everybody pretty much lost their jobs which is a huge bummer!

    Advice to Management

    Retain employees who can contribute to the greater organiztion


  2. "fun"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    diverse environment with plenty of opportunities to move around. Great facilities and comparatively nice work environment

    Cons

    the company no longer exists. CEO's toupee not as awesome as The Don's. Although close second


  3. "Amazing family like environment until its demise"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great benefits, excellent location, inspirational leaders (like Deanna Oppenheimer)

    Cons

    When Deanna O left for Barclay's, it seemed like the heart of WaMu went with her.

    Advice to Management

    Wish the company was still around


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


  5. "Fun while it lasted"

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

    Pros

    great working conditions and people

    Cons

    hiring steve rotella going for the easy dollar did them in

    Advice to Management

    stick to what made you what you are and don't try too hard to be one of the big guys


  6. "Washington Mutual was a great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Manager - Finance in Seattle, WA
    Former Employee - Senior Manager - Finance in Seattle, WA
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Washington Mutual was a great place to work at. There was a great worklife balance most of the time, centrally located in Seattle, executive management who cared about the community and community funcations.

    Cons

    Lack of communication with employees

    Advice to Management

    Communicate with your employees before the press


  7. "Culturally, one of the better ones"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Seattle, WA
    Former Employee - Manager in Seattle, WA
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Opportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    Cons

    Too many changes in upper management that disrupted the lower ranks - on a regular basis.


  8. "Great career development opportunity"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great development opportunities
    Meaningful work
    Fun environment
    Competitive benefits, perqs and pay

    Cons

    Too heavily focused on mortgage business
    Very sales centric - not balanced with risk management
    Many long-term employees were complacent and rode the wave up


  9. "Nice place but too much politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fraud Investigator in Stockton, CA
    Former Employee - Fraud Investigator in Stockton, CA
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Benefits are great and they promote education

    Cons

    Politics don't belong in fraud area

    Advice to Management

    Micro management works in Customer Service not in Fraud


  10. Helpful (1)

    "Company Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate General Counsel in Seattle, WA
    Current Employee - Associate General Counsel in Seattle, WA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Washington Mutual full-time (More than 8 years)

    Pros

    Great people, great benefits, great job.

    Cons

    Extremely poor executive management who destroyed the Bank.


  11. "Brief, but intense"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Audit Manager in San Francisco, CA
    Former Employee - Audit Manager in San Francisco, CA
    No opinion of CEO

    Pros

    Quality enthusistic, engaged and hard working team.

    Cons

    Commuting into the city was difficult for me



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