Wachovia

www.wachovia.com
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There are newer employer reviews for Wachovia

 

Large and beauracratc

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Regional in Miami, FL
Former Employee - Regional in Miami, FL

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

Pros

Good opportunity for broad range of skills and background; Open and tolerant of different backgrouds and cultures in certain positions. Compensatyion lower to mid range for most positions A company this large is full of change and opportunity but not a place to build along term career after 5 or so years move on.

Cons

compensation under constant annual modification and review Metrix driven bonus and commissions are always extremely demanding and designed to be very very difficult to achieve. Almost impossible to recieve above avg ratings such as "meet and exceed". Performance reviews are very tough and even unfair and forget about "discussing or changing" no such thing. You will be part of the CYBOG

Advice to ManagementAdvice

none

Recommends
Negative Outlook
No opinion of CEO

673 Other Employee Reviews for Wachovia (View Most Recent)

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  1.  

    For a Fortune 500 company it was very poorly run

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Lacking stability

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

    I worked at Wachovia as an intern (less than a year)

    Pros

    * Great people - compared to the industry as a whole
    * Motivated employees - cared about the company
    * Nice location

    Cons

    Does not have the same brand name as some of the top guys. Deal flow is not great. Was going through a difficult time in 2009

    Advice to ManagementAdvice

    Retain talented employees

There are newer employer reviews for Wachovia

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