Bank of the West Compensation Employee Reviews | Comparably
Bank of the West Claimed Company
We are a regional financial services company operating a network of retail, wealth, commercial and business banking branches and offices in 23 states. read more
EMPLOYEE
PARTICIPANTS
111
TOTAL
RATINGS
1252
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Bank of the West Compensation Employee Reviews

What is the best part about your compensation package?

Below but close to Mean Market Rate.

Bonus structure and employees profit sharing

Great base with stock options and annual bonus.

401K matching, health and all the other normal stuff but we also offer discounted identity theft protection and pre tax benefits.

The base salary, benefits, and medical plans.

Profit sharing was unexpected and not given to everyone

Why do you feel undervalued and what would make you feel better about your compensation?

one percent salary increase with a perfect score card

Insurance that is offered is all high deductable and it takes a chunk from your salary

I think this company works by Michael and Marco becouse even if they do a mistake they never get punished but if the other empolyes does then they get a rideup and a termention easily

Review from Operations Dept

This corporation needs to focus more on retaining employees not pressuring sales. Yearly increases should be more then 0.15

Work life balance for one

Better pay. More time off. More flexible schedule. Lower medical premiums.

Comp plans change every year for the worse.

Compared to other banks of equal size employees are paid less and benefits could be better.

Review from Operations Dept

The Bank/management strongly favors older white employees and pays them top dollar as I found out a couple weeks ago when a coworker and I were talking about compensation. He was quite surprised how much less I get paid for the exact same work and skills I have. I suggest paying employees by skill.

Review from Operations Dept

The management is very disrespectful

Underpaid by at least 20k

Review from Operations Dept

Pay is low. 2% raise (or less) once a year. Expensive benefits but not much coverage when needed. No stock options. Bank match 401k is nice

Why would an employee stay when we don't receive bonuses or a raise?!

Review Sentiment at Bank of the West

47
47%
53
53%

About Bank of the West's Compensation

C
60/100

Where This Score Ranks Bank of the West's Compensation

BOTTOM
40%

In the Bottom 40% of 1310 similar size companies on Comparably

BOTTOM
25%

In the Bottom 25% of 865 companies in San Francisco

5th

5th place versus 5 competitors rated on Comparably

56 employees at Bank of the West score their wages and compensation a C on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 50% say Yes. The Product department is the most satisfied with their compensation, ranking it 100/100, a full 59 pts above the Marketing department. If you want detailed data about Bank of the West's wages, see the <a href="https://www.comparably.com/companies/bank-of-the-west/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Product
    +40%
  • Tenure - 1 to 2 Years
    +38%
  • Tenure - 2 to 5 Years
    +29%

Rate Compensation the Lowest

  • Experience - 3 to 6 Years
    -29%
  • Department - Marketing
    -19%
  • Department - Operations
    -17%

How Bank of the West's Compensation Score is Calculated

FILTER RATINGS BY

Results from 56 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes50%
No50%
Do you believe you're paid fairly?
AnswerPercent
Yes60%
No40%
Are you satisfied with your Benefits?
AnswerPercent
Yes56%
No44%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less11%
Every year67%
Every 2 years11%
Every 3 years or more0%
Never11%
How often do you get a raise?
×
Rate your company