Wachovia Reviews

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

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

Review Highlights

Pros
  • Wachovia was very committed to work-life balance (in 40 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    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 (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
  2.  

    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
  3.  

    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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    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 (more than an 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
  6.  

    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
  7.  

    Ugh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Center Manager in Baltimore, MD
    Former Employee - Financial Center Manager in Baltimore, MD

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

    Pros

    Enjoyed the people I worked with

    Cons

    Terrible culture-micro management to a T

    Advice to ManagementAdvice

    Stop having multiple daily conference calls to see how many new accounts have been procured.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Positive

    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    The people and work environment

    Cons

    Worked in a very tough regulatory environment

    Recommends
    Approves of CEO
  9.  

    One of the Best Companies I ever worked for

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

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

    Pros

    Work life Balance outstanding, training program one of the best in Retail sector.

    Cons

    Was bought out by Wells Fargo and then all matrix changed within the corporation

    Recommends
    Neutral Outlook
    No opinion 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.  

    Division Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Divisional Manager in Los Angeles, CA
    Former Employee - Divisional Manager in Los Angeles, CA

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

    Pros

    Work/Life balance was highly recognized. Management listened to suggestions for improvement.

    Cons

    Lower level management would sometimes micro-manage.

    Advice to ManagementAdvice

    Allow your employees autonomy when they are responsible and accomplish departmental goals.

    Recommends
    Negative 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

Work at Wachovia? Share Your Experiences

Wachovia

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.