Wafd Bank Salary

Wafd Bank pays its employees an average of $108,790 per year. The average salary at Wafd Bank range from $95,365 to $123,530 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

The salary at Wafd Bank is higher than the similar company. The average annual salary at Wafd Bank is $108,790, or an hourly wage of $52, in comparison to WASHINGTON LOAN COMPANY INC which pays $108,779 per year or $52 per hour.

In many roles at Wafd Bank, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

Seattle's Cost of Living Index is approximately 152.7 (52.7% more expensive than US average; 36.8% more than WA average). This significantly impacts the purchasing power of a salary from Wafd Bank based there. Our "Cost of Living Insights for Seattle" module details this impact, helping you assess the 'real feel' value of your compensation.

Wafd Bank generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Wafd Bank" section on this page.