Wachovia Reviews in Florida

670 Reviews

3.5
670 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
176 Ratings

Review Highlights

Pros
  • Wachovia was very committed to work-life balance (in 39 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)

More Highlights

47 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Experience in 3 main areas of this company.. best position yet!!

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

    I have been working at Wachovia

    Pros

    In the community banking retail/admin area, the Senior Leaders are very supportive in learning your strengths and your desires for your future career path. They are also very encouraging towards community service involvement- in fact, fulltime employees, (after 4 or 5- not sure- sorry! years of service), can take a 4 mo. leave to help their favorite non-profit organization fulltime!!

    Communication between leaders and team members is very strong- daily, weekly, and montly conference calls, emails, and visits are the norm. Everyone works as a true team and helps eachother out.

    Cons

    If someone is averse to change, they may hesitate joining the Wachovia team for the time being. Wachovia is currently merging with Wells Fargo and although both companies are making a tremendous effort in order to ensure a smooth transition, someone averse to change could have a problem here.

    Advice to ManagementAdvice

    I truly think that the Management in the Community Banking sector is already doing a fantastic job on motivating their team and driving us toward the same goals and purpose.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    A great place to learn the finance industry

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

    I have been working at Wachovia

    Pros

    Great hours. As long as we continue to close at 4. Great 401k, amazing paid time off. very competitive salary with good bonus structure

    Cons

    Wells Fargo is starting to hire unqualified managment, people who are not familiar with banking. Retail bank is just interested in gaining market share.

    Advice to ManagementAdvice

    Bring in those familiar with banking when they are going into the managment role.

    Recommends
    Approves of CEO
  3.  

    Don't work Here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Teller  in  Orlando, FL
    Former Employee - Teller in Orlando, FL

    I worked at Wachovia

    Pros

    The benefit package was great for health care. However they charge you before and after tax if you have family members on your benefits. They charge you extra for taxes and then reduce at the end of year to save themselves money.

    Cons

    Management has no clue what they are doing. I worked in a branch that everyone had to ask twice on how to do there own job.

    Advice to ManagementAdvice

    Get a real job

    Doesn't Recommend
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    See for Yourself

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Commercial and ATM Teller  in  Jacksonville, FL
    Former Employee - Commercial and ATM Teller in Jacksonville, FL

    I worked at Wachovia

    Pros

    Pay and benefits are great you also get paid time off which is also great and it is a secure job.

    Cons

    You take on more responsibilities that what you are paid for, they even deny requests for emergency dental surgery. most branches are short staffed so you work overtime a lot.

    Advice to ManagementAdvice

    Work a week in the modern teller's shoes and see what it's like with all the work you put on them when you have to do all that you ask of them.

    Doesn't Recommend
    No opinion of CEO
  6.  

    Good while it lasted...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Loan Processor II  in  Tampa, FL
    Former Employee - Loan Processor II in Tampa, FL

    I worked at Wachovia

    Pros

    Good Pay
    Family environment
    Stromg Team work attitude

    Cons

    Disorganized Management
    Expensive Benefits
    Too much fluctuation in bonus structures

    Advice to ManagementAdvice

    More training, especially at management level.
    Clearer goals for whole team
    Better Feedback

    No opinion of CEO
  7.  

    I was very disapointed after almost 6 months of employment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - PT Teller  in  Fort Myers, FL
    Current Employee - PT Teller in Fort Myers, FL

    I have been working at Wachovia

    Pros

    Store manager was very nice as well as most of the office staff.

    Cons

    Senior management is horrible. Their expectations of their employess are unreasonable. I only took a teller position to get into a company that I thought would be worth the effort put in to advance. After seeing how upper level management treats their employees, I was horrified. My store manager, as well as the personal bankers, have been brought to tears on more than one occasion due to unrealistic goals, stress, being overworked and it just seems that management is NEVER satisfied, even when goals are met. If the bankers miss their goals, they are punished by being forced to come in on their Saturdays off for these "Call Labs" , or they must stay late every day!! I have never worked for such terrible people.

    I think all upper level management should be required to take Saturday classes, on their days off, on basic humanity!! What ever happened to treat people how you expect to be treated. Anyway, I gave my notice and got another job!

    Advice to ManagementAdvice

    Treat your employees with more kindness. There are many talented people who work for you, and people are more than just numbers.

    Doesn't Recommend
    No opinion of CEO
  8.  

    Account, lending and investment sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Specialist  in  The Villages, FL
    Former Employee - Financial Specialist in The Villages, FL

    I worked at Wachovia

    Pros

    good commisson income for working hard. Bankers hours are great! Good teamwork generally within your location. When you make commission others can benefit from the sales.

    Cons

    Not enough gender diversity. Odd this is not seen. Mostly women which isnt so bad unless your the only 1 of 2 men working in the entire area of 50 people.

    Advice to ManagementAdvice

    Do not allow management to manage the same area for too long. To much special outside relationship effects everyone.... and not in a good way. Hire some men!! Ratio of women to men are 25 to 1

    Doesn't Recommend
    No opinion of CEO
  9.  

    I left Wachovia in 2004, I was very unimpressed with the local management and the way the branches were managed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Specialist  in  Fort Lauderdale, FL
    Former Employee - Financial Specialist in Fort Lauderdale, FL

    I worked at Wachovia

    Pros

    The pay check never bounced.

    Cons

    Required overtime, however due to laws, they do not pay for the overtime hours.

    Advice to ManagementAdvice

    need better leadership in Broward cty.

    Doesn't Recommend
    No opinion of CEO
  10.  

    Good place to learn to work with high-net-worth individuals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Relationship Manager  in  Jacksonville, FL
    Former Employee - Relationship Manager in Jacksonville, FL

    I worked at Wachovia

    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 ManagementAdvice

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

    Recommends
    Approves of CEO

Worked for Wachovia? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.