Career growth is crushed by open favoritism, family connections, and nonstop politics - Former Employee Axos Bank Employee Review

1.0
Dec 8, 2025
Recommend
CEO approval
Business Outlook

Pros

I made real friends here. My coworkers were the only bright part of this place.

Cons

There is no real path to grow in this company because favoritism and family connections run the show. Skill does not matter. Hard work does not matter. Advancement goes to the chosen ones, not the people who actually earn it. On top of that, the workload is pushed far beyond what anyone is paid for, leaving people worn down and drained. The whole system feels unfair and completely discouraging.

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Axos Bank Response
7mo
Our promotion strategy is designed to recognize and reward employees based on their contributions, fostering a culture of growth and development. We follow a structured process that begins with clear, objective criteria, such as performance metrics, demonstrated skills, relevant experience, and leadership potential. We value feedback that helps us strengthen our culture and processes. Career development and fair advancement remain top priorities, and we continuously review our practices to ensure opportunities are based on merit. Our goal is for every Axos employee to feel challenged, supported, and motivated in their role.

Explore other reviews about Axos Bank

5.0
Jul 23, 2026
Recommend
CEO approval
Business Outlook

Pros

- Coworkers share practical insights - Different assignments prevent the work from becoming repetitive - The compensation reflects the responsibilities - Ongoing training keeps my skills up to date - Management is ready to listen to any concerns

Cons

Smaller team, which means any absences strongly affect individual workloads

1.0
May 22, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Only pro here is that certain roles will let you operate above your title, e.g. exposure to sides of the job reserved for senior roles at other firms. 15 days PTO to start is actually not terrible either. Great coworkers depending on your team.

Cons

Too many to list here, but will try. Main issue here is the top-down culture of fear and internal politics, as the entire bank is at the whim of one person. Managers are exclusively concerned with looking good in front of the CEO, and even top SVPs are terrified to be honest with him. SVPs routinely complain about not being able to get comp raises for employees, while simultaneously being terrified to ask. Do not expect your manager to go to bat for you if it in any way involves being assertive. If you want to work for a borderline alt-right CEO who belittles employees openly, this is your spot. The only people that thrive here are those who have never worked elsewhere and do not know what a real company looks like. Looking forward to the HR denial response here too. Some other cons: - Zero WFH allowed - Below market compensation across all roles - Stock bonus vesting schedule that take 4 years to fully vest

5
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Axos Bank Response
1mo
Axos is a performance-driven environment with a clear expectation of accountability, transparency, and results at every level. Leaders are expected to advocate for those who are performing on their teams, have direct conversations, and drive outcomes. Many employees thrive in this environment because it provides meaningful responsibility, exposure to leadership, and the opportunity to contribute beyond a narrowly defined role. Compensation and rewards are managed through structured processes aligned to market data, business performance, and individual contribution. Equity programs are designed to promote long-term alignment and retention, which is standard practice across the industry. Our onsite model is intentional and supports collaboration, speed of decision-making, and execution, key differentiators for our business. While that model may not be the right fit for everyone, it is clearly communicated and consistently applied. We continue to focus on attracting and retaining high-performing talent who are motivated by impact, ownership, and the opportunity to build in a fast-paced environment.
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