Wachovia
3.1 of 5 642 reviews
www.wachovia.com Charlotte, NC 5000+ Employees

Wachovia Reviews

Updated Apr 2, 2014
All Employees Current Employees Only

3.1 642 reviews

                             

56% Approve of the CEO

Wachovia Chairman and CEO John G. Stumpf

John G. Stumpf

(162 ratings)

53% of employees recommend this company to a friend
642 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Work/Life balance was highly recognized"
    in 38 reviews
  • "Good benefits package, great earning potential"
    in 52 reviews
Cons:
  • "Limited cross group interaction at levels below senior management"
    in 31 reviews
  • "Since the merger with Wells Fargo healthcare insurance is not the best"
    in 11 reviews
  • Show more review highlights

Reviews

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  • No Opinion of CEO

 

Wachovia was my life and I loved it

Client Service Associate (Former Employee)
Durham, NC

I worked at Wachovia full-time for more than 10 years

ProsGreat Training, great benefits, felt valued

ConsCall nights for existing and/or non clients

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great Place to Work

Project Manager (Former Employee)
Philadelphia, PA

I worked at Wachovia full-time for more than 3 years

ProsFlexible hours, career growth from within, competitive salary.

ConsThe instability of working in the banking industry.

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great

Vice President (Former Employee)
Silver Spring, MD

I worked at Wachovia full-time for more than 5 years

Prosthe comp was very caring ...

Consneeded to open more jobs

Advice to Senior Managementgood job

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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met some great people here

Financial Specialist (Current Employee)
Surprise, AZ

I have been working at Wachovia full-time for more than a year

Prosgreat co workers tons of great contacts and it was a pleasure to work there

ConsEmployees from banks that we assumed were not happy we joined the team

Advice to Senior Managementnone

Yes, I would recommend this company to a friend

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Management needs lots of work

Bank Teller (Former Employee)
New York, NY

I worked at Wachovia full-time for more than a year

ProsGreat environment, lots of young professionals, room for growth if you are interested.

ConsTeller staff is never more than two people at the window sometime one person until 10 am. Lots of favoritism, unorganized management.

Advice to Senior ManagementNeeds to be more organized, take interest in the staff, and stand up for your staff.

No, I would not recommend this company to a friend

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Too Long

Bank Teller (Current Employee)
Morrisville, NC

I have been working at Wachovia full-time for less than a year

ProsGood benefits, regular hours. Other than that, not much.

ConsNo room for creativity in the least. If you do well, they make it more difficult for you until you can't do well.

Advice to Senior ManagementDon't move your top performers to a position where they can't keep that up

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Former World Savings employee.

Anonymous Employee (Former Employee)
San Jose, CA

I worked at Wachovia full-time for more than 5 years

ProsThere was a big focus on employee training and development for all levels, excellent execution of corporate strategies to the branch with organization and attention to detail, and I feel we maintained integrity while gaining the business from our customers.

ConsThere was a very big company feel and a loss of individual office personality; everything was micromanaged and even the management styles were no longer allowed to be autonomous in the branches. The computer systems were also far behind in technology and not user friendly primarily due to the previous acquisitions. And the health benefits were very expensive.

Advice to Senior ManagementOverall a great company to work for; it's unfortunate about the timing with the banking industry struggles.

Yes, I would recommend this company to a friend

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Great Experience

Financial Specialist (Former Employee)
Atlanta, GA

I worked at Wachovia full-time for more than 5 years

ProsCompetitve pay, flexible hours, nice incentive plan with no cap. Management expressed expectations and employees were always in alignment with company goals.

ConsWells Fargo endorsed the Pick a Pay Mortgage which ultimately led to their downfall. There were not very many positions outside of the actually branch, so growth was limited.

Yes, I would recommend this company to a friend

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Personal Banker

Personal Banker I (Former Employee)
Toms River, NJ

I worked at Wachovia full-time for more than a year

Prosit had a good work environment, and managers and a good work life balance good training and happy employes

ConsBut then it turned bad as soon as we were bought by wells fargo, it was all results all the time or you were punished and taken away from your family.

Advice to Senior Managementgo back to how Wachovia ran it.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Personal Banker

Personal Banker (Current Employee)
Lawrenceville, GA

I have been working at Wachovia full-time for more than a year

ProsFantastic company to work for. Lots of great mentors available to help you learn the ropes and move up in the company.

ConsAs with any sales position, the pressure to meet goals can be intense at times.

Advice to Senior ManagementTry to provide balanced feedback to employees (both positive and constructive).

Yes, I would recommend this company to a friend

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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 642 reviews posted anonymously by Wachovia employees.