There are newer employer reviews for Wachovia
There are newer employer reviews for Wachovia

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Helpful (2)

was great until Wells Fargo got on board

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Personal Banker II – Registered in Naples, FL
Current Employee - Personal Banker II – Registered in Naples, FL

I have been working at Wachovia

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

Pros

Great discounts on banking services and loans. Used to be alot more pros until Wells Fargo took over and ruined a great banking model.

Cons

Was a great place to work until Wells took over. Wells cut the ability to make commission and started getting rid of all highest paid employees and hiring people for half the money. Training went to s@@t too as they only provide new hires with about three weeks of training. Let's just say they get what they paid for as half the new hires either quit or are fired withing the first six months. My clients that get to deal with the "new employees" always complain how incompetent they are. This approach to business does not work, or at least it does not work in affluent market areas as most of the clients started jumping ship as soon as wells started making changes.

Advice to Management

You get what you paid for and it will come back to bite you in the ass. Everyone is leaving because they are afraid of being let go for making too much money.

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  1. Fair...Corp and Business Units competed on strategy of firm

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

    I worked at Wachovia

    No opinion of CEO
    No opinion of CEO

    Pros

    Experience is worth pursuing at Wachovia

    Cons

    Pay is below your market value and contribution level

    Advice to Management

    You get what you pay for


  2. Great

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

    I worked at Wachovia

    No opinion of CEO
    No opinion of CEO

    Pros

    Positive Environment overall and decent management.

    Cons

    Financial Sector Troubles are a cause for concern.


There are newer employer reviews for Wachovia
There are newer employer reviews for Wachovia

See Most Recent

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