Wachovia Reviews

Updated September 3, 2015
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3.9
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Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
176 Ratings

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

  • Work/life balance, good benefits (in 53 reviews)

Cons
  • Upper management is blind sometimes (in 17 reviews)

  • micro management like i've never seen (in 16 reviews)

More Pros and Cons

688 Employee Reviews

Sort: Popular Rating Date
  1. Great team

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales
    Former Employee - Sales
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wachovia (More than 3 years)

    Pros

    Good location, a lot of incentives, opportunities for growth and good managers,severance pay and transfer opportunities

    Cons

    High sales goals, our location was closed down and a lot of people were laid off majority of transfers require sales .

    Advice to Management

    None


  2. Collections Specialist

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

    Pros

    This was a great job which paid well for the work that was required, as a College student.

    Cons

    The job did require patience with dealing with people whom didn't like being called when they were behind on a payment.


  3. Helpful (2)

    V.P. Regional Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Balance between work and personal life is easily achieved at Wachovia. There is long term tenure of employees, and a culture of customer service.

    Cons

    Senior management often overlooks operational issues in lieu of sales. It is also difficult to institute new processes.

    Advice to Management

    Keep an open mind for enhancements to the process and make sure that what is sold is actually doable from an operational perspective.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. I miss this place.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Richmond, VA
    Current Employee - Anonymous Employee in Richmond, VA
    Recommends
    Positive Outlook

    Pros

    The people I worked with were fantastic. Great location, outstanding cafeteria, and the work kept us busy without giving us non-stop headaches. All in all, a wonderful place to work.

    Cons

    None that I can think of right now.

    Advice to Management

    Always keep it real.


  6. Teller manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller Manager in Virginia Beach, VA
    Current Employee - Teller Manager in Virginia Beach, VA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Wachovia full-time (More than 10 years)

    Pros

    Great peers, nice incentives, and easy to understand products when it came time to sell. Location very close to home.

    Cons

    heavy emphasis on selling, and no such thing as bankers' hours. Upper management gave lots of pressure for branch to meet its goals.

    Advice to Management

    don't forget where you came from, and be more present to touch base with employees.


  7. business director

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

    Pros

    good benefits and people relationships were good

    Cons

    changing incentive plan after the year began.


  8. Security Analyst

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

    I worked at Wachovia full-time

    Pros

    Great Location, great facility, great career opportunities

    Cons

    None, it is a great place.

    Advice to Management

    Keep up the good work


  9. Video Production Coordinator

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Video Production Coordinator in Oakland, CA
    Former Employee - Video Production Coordinator in Oakland, CA
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Great community minded company that treated employees fairly. Great for families and opportunities for advancement. Would have continued to stay there if not for re-structuring that came with Wells Fargo integration.

    Cons

    Bad fiscal management, which led to the dismissal of our department. Well-intentioned company that tried hard to be great, but failed at actual banking. Had headquarters in Charlotte, which made communication with west coast challenging.


  10. Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Virginia Beach, VA
    Former Employee - Anonymous Employee in Virginia Beach, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Safe, polite work environment, decent pay

    Cons

    Did not offer paid maternity leave

    Advice to Management

    Paid Maternity leave


  11. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at Wachovia full-time

    Pros

    Ample vacation time, good benefits, good people.

    Cons

    Micromanagement as a virtue tough to swallow.



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