Wachovia Reviews

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Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
27 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

71 Employee Reviews

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  1. Great place to work until Wells Fargo came with their horrible leadership!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Grunt in Raleigh, NC
    Former Employee - Grunt in Raleigh, NC

    I worked at Wachovia full-time (More than 10 years)

    Pros

    Co-workers were like family.Training was excellent.....Wells Fargo training methods were a joke...

    Cons

    Typical corporate.....No perks!......Wells Fargo Training Style AKA which way is the wind blowing!

    Advice to Management

    Wells Fargo changed procedures daily.Employees left after being with Wachovia for over 20 yrs.


  2. Gone but not forgotten

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - LFS in Denver, CO
    Former Employee - LFS in Denver, CO

    I worked at Wachovia full-time (More than a year)

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

    Pros

    There was a strong community of bankers.

    Cons

    Now Wells Fargo with a different culture.


  3. Ugh

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Manager in Baltimore, MD
    Former Employee - Financial Center Manager in Baltimore, MD

    I worked at Wachovia full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Enjoyed the people I worked with

    Cons

    Terrible culture-micro management to a T

    Advice to Management

    Stop having multiple daily conference calls to see how many new accounts have been procured.


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  5. Absolute politics at its worst... Internally, the company is so divided that it doesn't know which direction to go.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Auditor in New York, NY
    Former Employee - Auditor in New York, NY

    I worked at Wachovia full-time (More than 3 years)

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

    Pros

    They knowledgable people but they are all too scared of getting their heads chopped off

    Cons

    They will throw you under the bus in a heartbeat.

    Advice to Management

    Stop looking out for yourselves


  6. At your own risk

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

    I worked at Wachovia full-time (More than 3 years)

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

    Pros

    I don't have any to share

    Cons

    This was not the right culture for me. Wrong place, wrong time. I was miserable there


  7. Overall bad experience

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

    I worked at Wachovia

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Nothing really comes to mind. The only good part about working there were a few great coworkers.

    Cons

    There wasn't any sense of employee appreciation, you felt like you were just another number. Very bureaucratic atmosphere. The management was inconsistent and overall poorly run.

    Advice to Management

    Don't take your employees for granted


  8. For a Fortune 500 company it was very poorly run

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Banking Director in Dallas, TX
    Former Employee - Mortgage Banking Director in Dallas, TX

    I worked at Wachovia full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Good compensation and working conditions

    Cons

    A very disorganized quagmire of bureaucracy managed by overwhelmingly arrogant and self righteous people at the top.

    Advice to Management

    Should have brought some good leaders in then, most importantly, leave them alone to do their job.


  9. sucks badly

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Greensboro, NC
    Current Employee - Teller in Greensboro, NC

    I have been working at Wachovia

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    benefits are admittedly pretty good

    Cons

    EVERYTHING ELSE!!! They treat you horribly, hire people to be managers who never managed before, and then they load you with work that they know you can't complete.

    Advice to Management

    I hope Wells Fargo is better than the crap I dealt with


  10. Unhappy

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager in Jacksonville, FL
    Former Employee - Service Manager in Jacksonville, FL

    I worked at Wachovia

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The best reason to work at Wachovia was our customers and my team members.

    Cons

    Complete lack of affective and effective management. Complete lack of truthful communication. In some cases extremely poor management skills.


  11. Great opportunity for young male sales people.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Tampa, FL
    Current Employee - Anonymous Employee in Tampa, FL

    I have been working at Wachovia

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Great benefits. Salary is competitive.

    Cons

    Management focuses on sales results only. Little training is provided to employees that are competent and responsible to improve their sales abilities. These employees are threatened and quickly managed out.

    Advice to Management

    Manage your resources by identifying employee talents and provide opportunities for employees to get better at their jobs. Many good employees have left based on narrow minded leadership.



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