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Glassdoor is your free inside look at Wachovia reviews and ratings — including employee satisfaction and approval rating for Wachovia CEO John G. Stumpf. All 289 reviews posted anonymously by Wachovia employees.

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289 Reviews* in

CEO Approval

Company Rating

* Posted anonymously by employees (updated Nov 9, 2009)

Wachovia President and CEO John G. Stumpf

John G. Stumpf

President and CEO

31% Approve

Details

“Neutral”

3.1
11 - 20 of 289 Wachovia Reviews Sort by  

Oct 25, 2009

2.0

Wachovia Licensed Financial Specialist:   (Current Employee)

Pros

A pay check. Beats unemployment. Can be a good place to work as long as management is happy. But that only lasts a day or two since you cannot make your numbers every single day

Cons

I really cannot add anything different than all of the other reviews. All about numbers and nothing about customers or employees

Advice to Senior Management

Give us a break once in a while. We try to have lives outside the bank too. Share the wealth. Treat us with respect. If we all called out sick you would not make your numbers. Stop managing by fear.


Oct 23, 2009

3.0

Wachovia Teller:   (Past Employee - 2007)

Pros

Working with clients, relationship with team mates, good benefits, benefits available for part time work. Valued our clients.

Cons

Not enough training. Push to sell products consumers don't need. Not enough protection for the front line employees. Management had poor training.

Advice to Senior Management

Understand the stressors on the front line. Provide decent feed back and coaching. Don't make people work every saturday, it's bad for morale.


Oct 21, 2009

5.0

Wachovia Licensed Financial Specialist in Atlanta, GA:   (Current Employee)

Pros

this is a good place to work. my paycheck cashes every week. I enjoy the competitive atmospher. a a a

Cons

traffic is overbearing in Atlanta on many days of the week, leading to an overconsumption of fuel, which I have to pay for

Advice to Senior Management

I would love an increase in salary, and PTO days. also managment is stale, but the WF merger may change things


Oct 19, 2009

3.0

Wachovia Risk Manager in Charlotte, NC:   (Past Employee - 2009)

Pros

Pay and benefits are the main reason. Wachovia, however, does not micro manage employees and the atmosphere is good for an independent worker. However, don't expect much help from management either.

Cons

Management can be pompous at times. They do not want to hear opinions even though they ask for them.

Advice to Senior Management

People are not numbers on a chalk board. The merger presents a difficult situation so clear communication and direction is needed.


Oct 19, 2009

4.0

Wachovia Anonymous in Charlotte, NC:   (Current Employee)

Pros

Overall Wachovia cares about its employees and salaries are good. They have some of the most talented IT people that I have know.

Cons

Because of its size, the quality of management varies greatly. Some managers are great mentors, planners, communications, and staff developers. Other managers are have weak communication and staff development skills. Ask questions about their communication style and how your performance will be measured. Make sure you can talk to potential peers.

Advice to Senior Management

People need to be retained for their talent and overall experience. Tenure with the company is not a good metric to assure a quality talent pool.


Oct 17, 2009

4.0

Wachovia Relationship Manager in Jacksonville, FL:   (Past Employee - 2009)

Pros

company is very supportive of employees. good advancement opportunities if you are a strong performer. flexibility in work arrangements. strong

Cons

difficult to work in a changing environment because of the merger with wells fargo. not enough transparency and fear of layoffs.

Advice to Senior Management

please have more worthwhile meetings that dont spend so much time talking about nothing. some managers are a little incompetent


Oct 15, 2009

3.0

Wachovia Anonymous:   (Current Employee)

Pros

Good work hour, good balance between work and life. Wachovia really cared about customer service process...every procedure is desinged to make sure cusotmer has a pleasant experience.

Cons

Not career development., not enough training.

Advice to Senior Management

Manage people, not sales goal. Sales goal will come as result of good people coaching. Plus, one day I meet with client, I am not going to have my name on that client's will.


Oct 14, 2009

3.0

Wachovia Teller Manager in Delray Beach, FL:   (Current Employee)

Pros

Wachovia was a great company to work for until Wells Fargo took over! The pay is okay and the benefits a great.

Cons

SALES!!! SALES!!!! SALES!!! Wachovia used to focus on service but since Wells Fargo took over it's all about shoving products down customers throats!

Advice to Senior Management

Treat your employees with respect. I always felt like I gave 110% but it was never enough for upper management.


Oct 11, 2009

3.0

Wachovia Teller:   (Current Employee)

Pros

great benefits - expensive though -

Cons

to much pressure to sell things to customers who do not want or need them. the emphasis is no longer on customer service and banking but on selling and how much money you can bring in. I can only wonder how many more years wachovia will last as #1 in customer service

Advice to Senior Management

your only doing what you have to, push push push to sell sell sell there's nothing you can do until the big guys change it. carry on


Oct 4, 2009

3.0

Wachovia Vice President:   (Current Employee)

1 of 1 people found this helpful

Pros

good benefits, nice people, good work/life balance (this sometimes depends on the group/manager), possibility of flexible work schedule

Cons

no career advancement opportunities, lack of good communication from management (especially now with the merger), no days allocated annually for personal/professional development, no sick days (after the merger)

Advice to Senior Management

career planning should be part of year-end review

11 - 20 of 289 Wachovia Reviews
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www.wachovia.com
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Charlotte, NC
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