Growth Over People (At Their Own Risk) - Anonymous employee Axos Bank Employee Review

2.0
Jan 3, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Tech-focused, legitimately innovative, and--from what I could tell--a stable of talented staff, many of whom desire professional growth and the chance to create a better product and company.

Cons

Let's start at the top: the executive leadership is a teeming mass of testosterone-drunk Good Ol' Boys straight out of a Federalist Society, hyper-capitalist, Ayn Rand fever dream--several conference rooms at HQ in San Diego are named for Barry Goldwater (enjoy, employees of color!), Ronald Reagan, Winston Churchill, and the aforementioned "Atlas Shrugged" author. Only two women currently occupy the C-suite (both White), and that's only due to a recent promotion of the head of HR to EVP. CEO Greg Garrabrants, though genuinely smart and affable, is a future failed GOP congressional candidate straight out of Central Casting, and makes little to no effort in hiding it. The individual Business Units attempt (usually through middle management) to prop up the charade of collaboration, but ultimately make very little secret of how much they can't stand each other, particularly between the Compliance/Audit and Production groups. You'll hear a lot about "self-governance" and "making an impact" when in fact the expectation is excessive work hours for below-market pay (unless, of course, you have managed to work your way to (a) VP or higher, and (b) your Executive's good graces--then your pay is exorbitantly, comically outsized compared to your peers), and little chance of real career growth. The culture is cutthroat, and the incentives paltry. Management reflexively pushes the semi-annual (discretionary) bonuses of 50% cash and 50% restricted stock unit awards, but turnover is so pervasive that the three-year vesting schedule often renders the incentive meaningless.

Explore other reviews about Axos Bank

5.0
Jun 14, 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
5d
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!
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

4
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Axos Bank Response
2w
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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