Wachovia

  www.wachovia.com
  www.wachovia.com

Wachovia Reviews in Florida

Updated September 26, 2014
Updated September 26, 2014
669 Reviews
3.5
669 Reviews
Rating Trends

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

Review Highlights

Pros
  • Wachovia was very committed to work-life balance (in 42 reviews)

  • Work/life balance, good benefits (in 53 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

46 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Collections

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

    I have been working at Wachovia

    Pros

    Good benifits 4 weeks of paid time off. Possible to move up. Good incentive program. Teach you what you need to know to move up.

    Cons

    Micro-managed. On the phones for way to long. Work holidays and sat. Mangement needs to get on the same page.

    Advice to ManagementAdvice

    Manangement need to get on the same page. Make work more interactive. Less micro managment and more macro managment. Clear about what needs to be accomplished to move up in company

    No opinion of CEO
  2.  

    Ok place to work

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

    I worked at Wachovia

    Pros

    Wachovia has great benefits, some good people to work with, some great customers, pay is okay, and training is efficient.

    Cons

    Downsides at Wachovia include hard to move up unless you are a favorite, pay could be better, and you don't get much back in terms of yearly pay raises.

    Advice to ManagementAdvice

    Make good judgements on who you allow advance, sometimes there are other tellers saving others by picking up their slack so the branch runs more smoothly.

    Recommends
    No opinion of CEO
  3.  

    One of the better institutions to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Licensed Financial Specialist in Lighthouse Point, Broward, FL
    Former Employee - Licensed Financial Specialist in Lighthouse Point, Broward, FL

    I worked at Wachovia

    Pros

    The friends youll make with the employees, relationships with the customers and the closing of sales for your deals.

    Cons

    Unethical conduct by employees and sometimes certain management personel. Ranging from crossing certain boundaries to get the sales to flat out crimes. Also,

    Advice to ManagementAdvice

    Try not to get as bad as some of the other institutions in nickel and dimeing the customers. Also, tellers tend to be a low point it seems compared to other banks, on average.

    Recommends
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  5.  

    Wachovia Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Sarasota, FL
    Current Employee - Anonymous Employee in Sarasota, FL

    I have been working at Wachovia

    Pros

    The job has nice benefits. It is a steady paycheck week to week. It offers a good amount of time off

    Cons

    The job can be a little boring. Not something I would want to do for a long time. Again boring

    Advice to ManagementAdvice

    The leadership is fair. It communicates pretty well. Perhaps to many bosses to answer to. Need to trim the fat abit

  6.  

    sucks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Center Manager in Miami, FL
    Former Employee - Financial Center Manager in Miami, FL

    I worked at Wachovia

    Pros

    Fortune 500 company and benefits

    Cons

    never get time off bc everyone is seniority above you or there is a mtg. and your managers dont do crap they just push all pressure on you. every branch is different but generally working there sucks. many dont leave/quit because the pay is decent in this economy.

    Advice to ManagementAdvice

    get a degree and learn to respect ee's they are you best assets

    Recommends
  7.  

    Hard to move up, but overall a great company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Servcing Transaction Specialist in Tampa, FL
    Current Employee - Servcing Transaction Specialist in Tampa, FL

    I have been working at Wachovia

    Pros

    Great people and a very diverse group.

    Cons

    Once your inside, getting to the next level proves difficult even when you meet all the qualifications and have the education.

    Advice to ManagementAdvice

    Be more open to current staff who meets and obviously would excell in other positions.

    Recommends
    Approves of CEO
  8.  

    The job's great, but you can burn out pretty quickly looking for something more challenging.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Licensed Financial Specialist in Jacksonville, FL
    Current Employee - Licensed Financial Specialist in Jacksonville, FL

    I have been working at Wachovia

    Pros

    Great work-life balance. Being on the sales end of jobs allows for more control of your work schedule. As long as sales goals are met you can dictate how many hours you are putting in. If you're in a good branch with a good FCM, it's much easier to meet and exceed sales goals.

    Cons

    Illogical sales deadlines. Communication from the top could be better. Trying something completely new when regular system already works. Each year they raise the incentive requirements. Sometimes it doesn't feel like senior management has a good handle on the local market and they expect you to surpass goals even if it's not realistic.

    Advice to ManagementAdvice

    If a system isn't broke, don't fix it.

    Recommends
    No opinion of CEO
  9.  

    Did the right thing during a tough time for the company.

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

    I have been working at Wachovia

    Pros

    Good benefits, consistent communication from senior management on the status of the company.

    Cons

    No apparent career opportunities. Everything is on hold pending the Wells Fargo merger.

    The company has a very short term focus. It's only about making the numbers this quarter. Never about making a business plan and staying with it long term. Never about building for the future and developing people for the future.

    Advice to ManagementAdvice

    Value employees at least as much as you value shareholders. When employees are treated as though they are expendable, they will have no commitment to their work.

    Doesn't Recommend
    Approves of CEO
  10.  

    enjoyable environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Temporary Customer Service Representative in Gainesville, FL
    Former Employee - Temporary Customer Service Representative in Gainesville, FL

    I worked at Wachovia

    Pros

    I thought the atmosphere was very enjoyable, it all depends on what exactly you're job entails bc sometimes the job can be very boring but i have found my coworkers to be nice and enjoyable to talk to which makes up for the monotony I have found my managers to be very nice and have tried to compliment when you are working hard and exceeding expectations. If you work hard, others will notice.

    Cons

    it can be boring sometimes it seems like you are doing the same monotonous work over and over, but it depends on your job title. I was only a temporary employee so i was not privy to the same type of work environment that a full time regular employee might experience, however, the only difference i can see is it possibly being more tedious work such as greeting guest which can get annoying and make the day go on forever.

    Advice to ManagementAdvice

    Be friendly and give positive feedback when possible, it makes for a very great environment.

    Recommends
  11. 2 people found this helpful  

    Hope Citibank is an improvement over working with Wachovia

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Small Business Banker in Palm Beach, FL
    Current Employee - Small Business Banker in Palm Beach, FL

    I have been working at Wachovia

    Pros

    There was good name recognition until the merger between Wachovia and First Union. Then Wachovia's name became just as bad as First Union's. The benefits are fairly standard and the incentive plan can be good. It is usually changed several times throughout the year. The company will jump all over clients when they first become a customer but once the sale is completed so is the organizations focus on that customer. Senior managment does not seem to understand the words "CLIENT RETENTION". We used to have annual trips for top performers and this past year it was held at a local park. A far cry from the days of being flown to Hawaii

    Cons

    Daily micro managment. You can exceed your goals by 500% but in the current environment you are only as good as your last month. Lots of certain folks with power and wield it very unfairly

    Advice to ManagementAdvice

    Take a look at your employee turnover ratio and the supervisors that have the highest ones. Don't you see a pattern

    Doesn't Recommend

Wachovia Photos

One Wachovia Tower, headquarter officer of Wachovia in Charlotte North Carolina. (Photo attributed to Kozo - licensed under the CCL Attribution-ShareAlike 3.0 & GFDL, version 1.2)
Sign - Very Nice Clean Branch
the view outside

+ Add Photo

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