Wachovia

www.wachovia.com

Wachovia Reviews in North Carolina

Updated November 7, 2014
Updated November 7, 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

152 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Wachovia good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Branch Manager in Wilmington, NC
    Former Employee - Branch Manager in Wilmington, NC

    I worked at Wachovia full-time (more than 3 years)

    Pros

    Great company that cared for its employees

    Cons

    sold to another bank that didn't value the employees

    Advice to ManagementAdvice

    remember PEOPLE are a companies competitive advantage

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Friendly overall atmosphere

    Former Employee - Mortgage Consultant in Charlotte, NC
    Former Employee - Mortgage Consultant in Charlotte, NC

    I worked at Wachovia part-time (more than 3 years)

    Pros

    Friendly supervisors and staff. My team always made sure everyone was acknowledged during birthdays, etc.

    Cons

    There isn't much that pops into my mind.

    Advice to ManagementAdvice

    Promote those that are worthy and making their numbers.

    No opinion of CEO
  3.  

    Popularity contest in Derivative Operations

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

    I worked at Wachovia full-time (more than 5 years)

    Pros

    Willing to pay for external talent...Charlotte is an excellent city to live in. Good place to work if learning and not interested in promotion or questioning policies/processes/procedures. Plenty of good people, unfortunately they are not in management.

    Cons

    Very difficult to promote/transfer internally for high level performers. High level will often be kept in their current position and not allowed chances to grow or change. Less talented employees who focus on popularity contests are more easily promoted and then re-shuffled when they fail. Ethics are not highly regarded and mgmt shows no interest in generating a positive work atmosphere. Highly ethical individuals might become uncomfortable over time.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Great place to work until Wells Fargo came with their horrible leadership!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Grunt in Raleigh, NC
    Former Employee - Grunt in Raleigh, NC

    I worked at Wachovia full-time (more than 10 years)

    Pros

    Co-workers were like family.Training was excellent.....Wells Fargo training methods were a joke...

    Cons

    Typical corporate.....No perks!......Wells Fargo Training Style AKA which way is the wind blowing!

    Advice to ManagementAdvice

    Wells Fargo changed procedures daily.Employees left after being with Wachovia for over 20 yrs.

  6.  

    strange corporate culture dot com style in charlotte

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Javascript Engineer in Charlotte, NC
    Former Employee - Javascript Engineer in Charlotte, NC

    I worked at Wachovia as a contractor (less than an year)

    Pros

    during merger with wells fargo this was a terrific javascript only development position with little supervision and large latitude to complete tasks

    Cons

    slow development turn around with software engineers and odd paper thin cloth octagon cubicles so you could hear every nose scratch or click of people next to you

    Advice to ManagementAdvice

    manager left and got team members he liked to follow him to a new company

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Great place to work. Love my co workers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tax Specialist in Charlotte, NC
    Former Employee - Tax Specialist in Charlotte, NC

    I worked at Wachovia full-time (more than an year)

    Pros

    Location was great. about 10 minutes from my home

    Cons

    Traffic was terrible. There was a bottleneck getting into the site.

    Advice to ManagementAdvice

    None, all of my managers were great

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Wachovia assigned me to the Mainframe priviledge access administration position.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Security Engineer in Charlotte, NC
    Former Employee - Security Engineer in Charlotte, NC

    I worked at Wachovia full-time (more than 5 years)

    Pros

    Loved working for Wachovia was disappointed when Well's fargo obtained them.

    Cons

    Well's fargo did not merge most current Wachovia employee's

    Advice to ManagementAdvice

    management and myself worked hand in hand to develope the priviledge access process

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    10 years until Wells Fargo Acquisition ended my career

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

    I worked at Wachovia full-time (more than 10 years)

    Pros

    flexible work environment, great pay, advancement opportunities

    Cons

    Acquired by Wells Fargo in 2009

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    Used to not be awful...USED to

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Teller in Raleigh, NC
    Former Employee - Teller in Raleigh, NC

    I worked at Wachovia full-time (more than an year)

    Pros

    decent salary and benefits program.

    Cons

    sharks in the water...will suck your soul out and drain you of all dignity.

    Advice to ManagementAdvice

    stop shoving mortgages and loans on people you know can' afford them.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11.  

    Overall it was O.K.. It seems that they like their employees to stay in the same role for extended periods of time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Management Reporting Consultant in Charlotte, NC
    Current Employee - Management Reporting Consultant in Charlotte, NC

    I have been working at Wachovia full-time (more than 3 years)

    Pros

    Great group of people to work with. Overall I was satisified with the work and what was required of me.

    Cons

    Did not really seems like anyone was interested in promoting me or helping me advance my career. Was told that they knew I was being paid a below market salary - but if I wanted an increase to market rate I would need to get another job offer. Then we could discuss the possibility of an increase. Funny thing is I actually did that - but then took the other job resluting in a 40% salary increase.

    Advice to ManagementAdvice

    None.

    Recommends
    Neutral Outlook
    Approves of CEO

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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