Beware - Toxic Environment - Project Manager (PMO) Axos Bank Employee Review

1.0
Mar 25, 2026
Recommend
CEO approval
Business Outlook

Pros

A few coworkers are genuinely nice, but it can be difficult to build trust when the environment feels competitive and, at times, divisive. There is a strong sense that employees are being compared against one another, and success often feels tied to getting on senior leadership’s good side. Those who operate in a highly output driven, no mistakes approach tend to be viewed more favorably.

Cons

This is a walking on eggshells environment where you can easily become a target if a senior leader does not like you. Employees can be yelled at or reprimanded for small things, such as briefly leaving the building between meetings, while others are not held to the same standards. Leadership does not appear to genuinely care about employee wellbeing, and the culture feels tense, political, and exhausting. Managers often do not have your back, and in some cases do not meaningfully engage with employees until weeks into the role, making onboarding and alignment even more difficult. There is a strong sense that you cannot safely speak up, ask questions, or admit when you do not know something without being labeled as needing “hand holding.” Certain SVPs cannot be challenged or even mildly offended without consequences, and favoritism heavily influences how rules are applied, how bonuses are distributed, and how people are treated. Policies are inconsistent and seem to shift depending on leadership preference. There are essentially no real lunch breaks, and employees are encouraged to eat at their desks between meetings. Any flexibility around stepping away for a proper break appears inconsistent, with some employees receiving more leeway than others. Most days, the only fresh air you get is when you walk into the office in the morning. Employees feel heavily monitored, from in office badge swipes being tracked to excessive scrutiny over mouse movement and activity. Stepping away from your desk or laptop can invite immediate questions. Time off is discouraged, and flexibility is uneven. Some employees receive work from home opportunities easily, while others must prove themselves and work significantly harder to earn the same flexibility. The workload is heavy and expectations are high, yet compensation does not feel aligned with the demands of the role. Turnover is extremely high, which increases the burden on those who remain. HR processes and department reviews can feel invasive rather than confidential. Managers can be inappropriate by asking employees what they shared with HR, and conversations can feel like they are being reframed or twisted. In situations like this, employees may feel that those in higher level positions are more likely to be believed, which can be discouraging. Morale is extremely low, and many employees are openly unhappy. Potential employees should be aware of the culture before joining. If you need a job, it may serve as a temporary solution, but it would be wise to continue looking elsewhere at the same time. There needs to be meaningful change in leadership, clearer processes, and a more consistent and supportive management structure. While I understand that banking environments can be structured and compliance driven, the current morale and operational approach suggest a need for significant cultural and leadership improvements.

avatar
Axos Bank Response
3mo
The environment described here is not reflective of the culture Axos aims to promote. We expect leaders to set clear expectations, apply standards consistently, and treat all individuals with fairness, professionalism and respect while operating within a results driven, highly regulated industry. Work at Axos can be fast paced and demanding, particularly for teams managing complex responsibilities and tight timelines, and we regularly review how policies, expectations, and management practices are implemented to support effective performance. Axos is intentional about building teams that value accountability, clarity, and ownership, and many employees appreciate the opportunity to contribute to meaningful initiatives within a structured, performance focused organization. As the company evolves, we continue to focus on strengthening leadership practices and creating clearer alignment across teams.

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
avatar
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.
See reviews by: Helpful|Rating|Date|All