Washington Mutual Reviews | Glassdoor

Washington Mutual Reviews

Updated September 19, 2017
404 reviews

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404 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. "Dysfunctional company, no longer around"

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


  2. "Worked in finance."

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Worked with some very smart and talented people.

    Cons

    The environment was passive aggressive at times.

  3. "Amazing Place to work"

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

    Pros

    Bank Manager was awesome, understanding, communicative.

    Cons

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


  4. "The days went fast"

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

    Pros

    Very busy all the time

    Cons

    Very political with regional office

    Advice to Management

    More time off


  5. "Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Closing in Bethel Park, PA
    Former Employee - Closing in Bethel Park, PA
    Recommends
    Neutral Outlook
    No opinion of CEO

    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 Management

    none


  6. "Excellent Place to Work"

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

    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 Management

    Great Management. Knowledgeable, open and engaged.


  7. "Employees were rewarded for good performance. Nice to be appreciated by the company you work for,"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Back Office Administrative in Northridge, CA
    Former Employee - Back Office Administrative in Northridge, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    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 Management

    n/a

  8. "You will love it if you like to sing Kumbaya"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in San Francisco, CA
    Former Employee - Senior Project Manager in San Francisco, CA
    Recommends
    Negative Outlook
    Approves of CEO

    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 Management

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


  9. "Overwhelming Work Expectations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Desert Hot Springs, CA
    Former Employee - Financial Consultant in Desert Hot Springs, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    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 Management

    Listen to your staff.


  10. "Was my first job, and i thoroughly enjoyed the company culture"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    good pay, friendly staff, great training, everything was free

    Cons

    they went out of business and was bought out by Chase which is the opposite of all those things

    Advice to Management

    Bring back Washington Mutual, they were nicer to their customers


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