Axos Bank – The worst employer I've had; there are so many valid drivers to support exceptionally high employee turnover: low pay, high stress, favoritism, weak products lacking vision and ROEs, discrimination, hostile workplace, intimindation. By no means a meritocracy and board independence is questionable. | Comparably

Axos Bank – The worst employer I've had; there are so many valid drivers to support exceptionally high employee turnover: low pay, high stress, favoritism, weak products lacking vision and ROEs, discrimination, hostile workplace, intimindation. By no means a meritocracy and board independence is questionable.

BofI Federal Bank (NASDAQ: BOFI), is a nationwide bank that provides financing for single and multifamily residential properties. Weiterlesen
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The worst employer I've had; there are so many valid drivers to support exceptionally high employee turnover: low pay, high stress, favoritism, weak products lacking vision and ROEs, discrimination, hostile workplace, intimindation. By no means a meritocracy and board independence is questionable.

Was läuft falsch und wie kann es verbessert werden?

Theres too much to write here

Was sind einige der besten Dinge an Ihrem Team?

There are some good, hardworking, smart people but unfortunately, they dont stay long.

Was würden Sie am Interviewprozess Ihres Unternehmens verbessern?

Be truthful about the real job, lack of growth, low variable comp, workload and hostilities to manage expectations and provide people with needed factors to make career choice on hire.

Was muss geändert werden, um die Unternehmenskultur zu verbessern?

Invest in people and products. Corporate activities are too scattered as though mgt is frantic to tell a growth story. a strategy needs to be proven by the financial performance, communicated to all stakeholders and cohesively implemeted. Thats not how done at Axos.

Was braucht das Führungsteam, um besser zu werden?

Hire and train bankers. Compensate fairly to engender hard-workers who are motivated and loyal. Stop trying to mask the bank's weak products and losses with acquisitions that don't pan out. Integrate the messy web of IT systems that may become the bank's Achilles heel while gloating a digital mantra

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