The worst company I ever worked for - VP, Software Development Manager Axos Bank Employee Review

1.0
30 Apr 2023
Recommend
CEO approval
Business outlook

Pros

Good Location, no more pros at all

Cons

1)All 4-star and 5-star reviews are fake and written directly by HR. The real average rating of reviews is 1.5, not 3.5. 2)The philosophy and culture of the company is very simple: they are making their employees to work as much as possible and they are paying to their employees as low as possible. They call it "meritocracy." 3)They are paying approximately 20% below the market salary and they are making 1 employee to do a job of 2 or 3 people. 4)Most of employees consider this job as temporary job until they found a better one (most of employees work here less than 1 year). 5)Company understands that most of their employees are looking for another job and company is hiring nonstop for all positions 6)During last 3 years the value of the company increased for 50% or $6B, why? because company pays salary significantly below the market and company makes 1 employee to do a job of 2 or 3 people 7)Company can't afford to hire professional managers and most of them just threatening employees that they will be fired. It's their management style. 8)Several employees already sued company.

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Axos Bank Response
3y
Honesty and integrity are two of our core values at Axos. All our reviews are from current or former employees throughout Axos. Glassdoor requires email verification for each review posted and uses a proprietary technology to detect abuse. The bonus program is intended to reward based on one's contribution. It is most beneficial to those who remain at Axos longer term as the vesting schedule for our stock grants is 3 years (1/3 vests per year). Axos operates in the extremely dynamic and competitive financial services industry. Accordingly, Axos moves quickly to maintain its strong competitive position within that market. We understand that this can be challenging. We are actively hiring to improve our Team Members’ work balance as there continues to be worldwide labor shortages. Axos believes in promoting from within and continues to enhance our management training program for new and existing leaders.

Explore other reviews about Axos Bank

5.0
14 Jun 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

• Realistic goals • Cutting-edge technology that speeds up the work • Solid career progression opportunities • Smart colleagues • Great compensation and generous benefits

Cons

No. At this point, I couldn’t ask for anything more.

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Axos Bank Response
20h
Thank you for the great feedback and we’re glad to hear the goals, technology, and team are making a positive impact on your experience. It’s great to know you’re seeing growth opportunities and value in our compensation and benefits. We appreciate you being part of Axos!
2.0
2 Jun 2026
Recommend
CEO approval
Business outlook

Pros

The company’s focus on AI and automation was genuinely valuable. It provided opportunities to learn new skills and stay current with emerging technologies.

Cons

• Workloads were consistently extreme, leaving employees with no real relief or balance • Employees were expected to work excessively long and exhausting hours on a constant basis • Daily expectations were unrealistically high, creating a cycle of stress and disappointment • The environment showed little regard for employee wellbeing or sustainable working conditions • Burnout became a constant risk due to sustained pressure and lack of support • Leadership showed no visible concern for struggling employees and failed to check in or offer help • Communication and support from top leadership were largely absent during periods of high stress • Colleagues were also overwhelmed and overworked, leaving little ability to provide meaningful support • The overall atmosphere created isolation and frustration due to lack of assistance and empathy

1
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Axos Bank Response
20h
Axos operates in a fast-paced, high-performance environment, and expectations are intentionally aligned with the level of impact our teams are driving. At the same time, sustainable performance matters. Teams are structured with defined priorities, and leaders are expected to actively manage capacity, set clear goals, and maintain regular check ins, especially during periods of increased demand. Experiences can vary across teams, and feedback like this helps highlight where execution may not always meet expectations. Maintaining a productive, engaged workforce requires ongoing attention, and leadership remains focused on balancing performance with a sustainable work environment.
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