Wachovia Reviews

Updated August 1, 2015
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3.8
Rating Trends
Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
97 Ratings

Pros
  • Wachovia was very committed to work-life balance (in 42 reviews)

  • Work/life balance, good benefits (in 53 reviews)

Cons
  • Upper management is blind sometimes (in 17 reviews)

  • micro management like i've never seen (in 16 reviews)

More Pros and Cons

369 Employee Reviews

Sort: Popular Rating Date
  1. Teller manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller Manager in Virginia Beach, VA
    Current Employee - Teller Manager in Virginia Beach, VA

    I have been working at Wachovia full-time (More than 10 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great peers, nice incentives, and easy to understand products when it came time to sell. Location very close to home.

    Cons

    heavy emphasis on selling, and no such thing as bankers' hours. Upper management gave lots of pressure for branch to meet its goals.

    Advice to Management

    don't forget where you came from, and be more present to touch base with employees.


  2. great

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia full-time

    Pros

    Room for advancement, tuition reimbursement

    Cons

    The collapse of Wachovia National Association


  3. Great experiance , Great people

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President in Charlotte, NC

    I have been working at Wachovia full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    great work life balance

    Cons

    Pay is often sub market

    Advice to Management

    reduce dead weight


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  5. Best banking comp plan

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker II
    Current Employee - Personal Banker II

    I have been working at Wachovia full-time (More than 3 years)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Comp plan, sales does not report to branch manager, provide tools to succeed and exceptional training, allow employees to easily transfer between departments.

    Cons

    Work life balance, have to work occasional weekends, went out of business, not flexible considering improvements that can be made to current processes

    Advice to Management

    Promote people that have demonstrated the ability to deliver and not based on how long someone has been there. Be more open to process changes.


  6. Best bank to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    very good company that takes care of their employees

    Cons

    banking industry is very challenging and stressful


  7. Customer servce

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in Richmond, VA
    Current Employee - Customer Service Representative in Richmond, VA

    I have been working at Wachovia

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Great Pay, Great Benefits, Great Team Leads

    Cons

    Stressful Job, easy to get fired, very hard to earn incentives


  8. Excellent working teams

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture and satifying work

    Cons

    Poor visibility into long term strategy


  9. good customer service excellent computer skills sales and a solution to the problem. Good advice.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    meeting people and helping find a solution to there banking needs, puting a smile on customers face. very competitive person. willing to work the othe individual.

    Cons

    geting to find how to increase new numbers each week set myself apart from the rest of the lersonal bankers

    Advice to Management

    always willing to work harder than the other person an put in extra hours to see the numbers come in and the manager is happy. very timely person. out work the other person.


  10. Was a great company, sorry to see it gone.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    Customer service was the best in the country.

    Cons

    It was hard to advance career.


  11. Great Company To Work For

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    Able to learn about multiple functions

    Cons

    Being in the location that I was in, the atmosphere was slow.



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