Wachovia Reviews

Updated March 31, 2015
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3.6
678 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
175 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Great company. Would have likely never left if the brokerage's HQ hadn't moved to STL.

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

    I worked at Wachovia

    Pros

    Great co-workers. Young, outgoing and fun workforce that had balanced lives and made being at work feel less like a "job."

    Cons

    20 word minimum. 20 word minimum.20 word minimum. 20 word minimum. 20 word minimum. 20 word minimum. 20 word minimum.

    Advice to ManagementAdvice

    This advice goes to all companies: make sure you take care of your best employees. Treating everyone the same may be easier but doesn't always make sense if your best workers leave...

    Recommends
    Positive Outlook
    Approves of CEO
  2. Good entry level; something to put experience on your resume

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Call Center Customer Service in Tampa, FL
    Former Employee - Call Center Customer Service in Tampa, FL

    I worked at Wachovia part-time (less than a year)

    Pros

    Sometimes casual environment. Usually friendly coworkers

    Cons

    Cant leave your desk to go to the bathroom. Its like elementary school.

    Recommends
    Negative Outlook
    No opinion of CEO
  3. Best banking comp plan

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker II
    Current Employee - Personal Banker II

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

    Pros

    Comp plan, sales does not report to branch manager, provide tools to succeed and exceptional training, allow employees to easily transfer between departments.

    Cons

    Work life balance, have to work occasional weekends, went out of business, not flexible considering improvements that can be made to current processes

    Advice to ManagementAdvice

    Promote people that have demonstrated the ability to deliver and not based on how long someone has been there. Be more open to process changes.

    Recommends
    Negative Outlook
    Disapproves of CEO
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  5. Good employer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    Good wages and opportunities. Great upper management

    Cons

    Downsizing. Company can be too large.

  6. Great place to work.

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

    I worked at Wachovia

    Pros

    Compensation was great, good job atmosphere

    Cons

    Long hours and somewhat disfunctional branches

    Advice to ManagementAdvice

    Better bonuses and more training for positions

    Recommends
    Positive Outlook
    Disapproves of CEO
  7. Wachovia

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Associate in Winston-Salem, NC
    Former Employee - Client Service Associate in Winston-Salem, NC

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

    Pros

    Health benefits, work life balance, office culture was great! Compensation was in line with role specifications. Worked in a centralized unit and processes were well defined?

    Cons

    I really enjoyed my time here and do not have any cons to note. Departed from the company only because husband job transferred to another city.

    Recommends
    Positive Outlook
    Approves of CEO
  8. Best bank to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    very good company that takes care of their employees

    Cons

    banking industry is very challenging and stressful

    Recommends
    Neutral Outlook
    Approves of CEO
  9. Customer servce

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Richmond, VA
    Current Employee - Customer Service Representative in Richmond, VA

    I have been working at Wachovia

    Pros

    Great Pay, Great Benefits, Great Team Leads

    Cons

    Stressful Job, easy to get fired, very hard to earn incentives

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  10. Wholesale mortgage origination

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    Good benefit package including pto time

    Cons

    Follow up on strategies.give them tI'm to develop before changing course.

    Advice to ManagementAdvice

    Need to reach all levels for process improvement

  11. Great Company with great benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Wachovia as a contractor

    Pros

    Culture, Benefits, Work life balance

    Cons

    Too bureaucratic, Advancement Opportunities and Inefficient work environment

    Advice to ManagementAdvice

    Grow your business by creating advancement opportunities

    Doesn't Recommend
    Neutral Outlook
    No opinion 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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