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Working at Washington Mutual — Reviews by Employees

Learn what employees have to say about Washington Mutual pay, work/life balance, care potential, job security, and much more by reading our anonymous employee reviews.

Reviews of Jobs at Washington Mutual

4.8Rating Details
Category
Pay5
Respect4
Benefits5
Job Security5
Work/Life Balance5
Career Growth5
Location5
Co-Workers5
Work Environment5

From Las Vegas, NV — 09/09/2008

WaMu is a company that trains and promotes from within! If you are willing to put in the work, you will be rewarded. I love my job and have for the last 8 years!
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4.4Rating Details
Category
Pay4
Respect5
Benefits4
Job Security4
Work/Life Balance5
Career Growth5
Location5
Co-Workers5
Work Environment4

From Seattle, WA — 08/06/2008

I've been with WaMu for over a year working at the corporate office in downtown Seattle. I was recruited to WaMu by a former colleague into Home Loans division. Former colleagues thought I was out of my mind to make a move to a company best for its constant reorgs and the "inevitable" layoffs every six months. However, I met with five different individuals during the interview process and made the jump because the team seemed to be a great group and they didn't haggle me over salary even though it was on the high end for the area. I've worked with two managers as I've had the opportunity to promote internally. If you enjoy challenges and are committed to your work you will be rewarded. Each manager I've had has recognized my ideas and for the great ones have been willing to help me cultivate them. This wasnít specific to me, this went for each of my team members. Even in times of high stress, they both have taken a time out with me to discuss my stress level to be sure I'm okay and can continue. My work life balance is better than it's ever been. I've never received an objection when I need to leave early for a family issue, a doctor's appointment or just to take personal time additionally; asking for a vacation has always been easy. Neither of my managers has cared when I come in as long as I work the hours we agreed to on any day.
As far as benefits, the health insurance is middle of the road on cost and I wish they had a better network of providers in my area. The vision insurance is ridiculous but on the plus side you get banker's holidays and the recent changes allow you to gain 10+ hours of vacation a month.
Working in banking there are a lot of ups and downs, if you're looking for a position that's secure you have to be a personality that can excel in stressful environments. Additionally success and security is directly related to how well you can align yourself with the line of business, departmental goals, and WaMu's core values. WaMu speaks a lot to treating everyone as a customer; this is for internals as well as externals. They expect people to cultivate strong relationships, create themselves as an asset and excel in challenging environments. As far as layoffs, having worked with some of the individuals impacted the pattern seems to be either they were low producers, have challenging personalities, refuse to manage their workload according to expectations or all of the above. If none of these things are true, and itís simply a budgetary issue Iíve seen manage work with these individuals to keep them at the bank. Because of the current environment, there have been changes which have made the departments smaller but kept the most competent co-workers. The people with the best add knowledge are still here and definitely experts in their respective fields.
The morale here has been lower than when I began but that seems directly related to the constantly changing financial environment. When it's good in the bank it's really good and when its bad people's security is out the window and moral gets low. Other than that, the location for Corporate is beautiful and I'm always excited to have family or acquaintances down to admire the architecture.
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3.9Rating Details
Category
Pay4
Respect5
Benefits5
Job Security3
Work/Life Balance4
Career Growth4
Location3
Co-Workers4
Work Environment4

From Irvine, CA — 04/30/2008

I worked for WaMu for almost 10 yrs, until I was laid off due to company downsizing. Regardless of being laid off, I have to say that they are an excellent company to work for. I was always treated with respect. My associates were intelligent, hard working people and the same applies to the management teams. When I was laid off, I was given 4 months notice and a good severance package. Not many companies do that for their associates. The only downside for me was the Irvine Campus location. Although it is nice, and has a campus cafeteria, the drive to Irvine is horrendous as this is the heart of most corporate business. Other than that, I can recommend WaMu. And, last but not least, I get the impression that people who post on this website are primarily people who have negative things to say. I am glad that I am not one of them.
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