Wachovia Reviews

Updated August 26, 2014
Updated August 26, 2014
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

Employee 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 for 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.  

    Product pushing disguised as financial consulting! Its product of the week city!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Licensed Financial Specialist  in  Birmingham, AL
    Former Employee - Licensed Financial Specialist in Birmingham, AL

    I worked at Wachovia full-time for more than a year

    Pros

    If you are in the right branch with affluent customers, you are golden. Pay is competitive, health benefits great.

    Cons

    If you ever need to take a day off with less than two weeks notice, don't think about it.

    Advice to ManagementAdvice

    Respect your employees' personal life. Work is not the end all be all.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    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 for more than a 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
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  5.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Operations Specialist
    Former Employee - Operations Specialist

    I worked at Wachovia full-time for more than 3 years

    Pros

    Great atmosphere to work in while in Richmond VA, the team leads, managers and superiors actually cared about their associates. Great team atmosphere. The company relocated in 2008 but that wasnt an option in the drop down.

    Cons

    Once the company merged with Wells Fargo and relocated to St. Louis the atmosphere there was different. The open door policy that existed in Richmond at Wachovia didnt exist in St. Louis at Wells Fargo with the managers.

    Advice to ManagementAdvice

    Humanize yourselves. Treat employees like people and not like robots

    Neutral Outlook
    No opinion of CEO
  6.  

    Gone but not forgotten

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - LFS  in  Denver, CO
    Former Employee - LFS in Denver, CO

    I worked at Wachovia full-time for more than a year

    Pros

    There was a strong community of bankers.

    Cons

    Now Wells Fargo with a different culture.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    I miss this company

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    Everything was cool. Nice People nice place to work. Good training.

    Cons

    Nothing it was a great company to work for, too bad it no longer exists

    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 for 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.  

    Tech Support - Level 3

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Tech Support - Level III  in  Saint Louis, MO
    Former Employee - Tech Support - Level III in Saint Louis, MO

    I worked at Wachovia as a contractor for more than a year

    Pros

    Worked with some great people, and tackled a lot of issues.

    Cons

    Only wanted contractor positions, and wouldn't hire, despite several awards and praise while contracting.

    Advice to ManagementAdvice

    Don't be cheap, and farm out the support. Hire the talent, that's proved themselves. We could've had a great relationship, for years to come.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  10.  

    I certainly wish circumstances were different and my career still with this company

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

    I worked at Wachovia full-time for more than 8 years

    Pros

    They support further advancement and while not everyone received respectible compensation I know that I did. The benefits package was outstanding and many selections that I certainly took advantage of while there.

    Cons

    Too many disconnected upper managment staff. They really have and had no understanding of what was happening in the lower ranks. Therefore had no idea how to motivate and keep them engaged. The culture was very much an us versus them mentality because while upper management thought they were doing a great job in reality they did nothing but alienate the people the worked for them.

    Advice to ManagementAdvice

    Too late now the company was bought out by Wells Fargo so I can only hope that the new management is better positioned to cure the ills of this company.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    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 for 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

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