670 Employee Reviews (View Most Recent)

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Morale is in the tank

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Banker  in  New York, NY
Current Employee - Banker in New York, NY

I have been working at Wachovia

Pros

Currently we onl;y work M-F
Decent benefits
Recruiters know that our best and brightest want out.

Cons

Unreasonable goals
Horrible Incentive Program
Senior Management disconnect
Lack of Respect for employees

Advice to ManagementAdvice

The East coast Bank is in disarray, morale is the lowest that I have ever seen in 25+ years in banking

Doesn't Recommend

Other Reviews for Wachovia

  1.  

    Overall a good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Austin, TX
    Former Employee - Anonymous Employee in Austin, TX

    I worked at Wachovia

    Pros

    Good Training program
    Excellent Benefit Package
    2 Weeks vacation for a full time employee.
    Family Week off

    Cons

    Merged with Wellsfargo and took away the family time off

    Advice to ManagementAdvice

    Less opportunity for excel as a part-time employee.

    Recommends
    Disapproves of CEO
  2.  

    Great People - Culture Changing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  Orlando, FL
    Current Employee - Vice President in Orlando, FL

    I have been working at Wachovia

    Pros

    - Most individuals want to make a difference
    - Opportunity to work in many areas of country
    - Medical Benefits are very fairly priced

    Cons

    - Corporate Culture is in flux
    - Some leaders tend to be myopic; negatively impacting stakeholders
    - Training and advancement somewhat limited outside of San Fran, Minneapolis, and Charlotte

    Advice to ManagementAdvice

    Move away from mindset of "this is the way we have always done it" to a vision-based orientation that leverages team member skills, abilities, and strengths.

    Approves of CEO
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