Wachovia

  www.wachovia.com
  www.wachovia.com

Wachovia Reviews

Updated December 1, 2014
Updated December 1, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    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
  2.  

    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
  3.  

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


  5.  

    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
  6.  

    Absolute politics at its worst... Internally, the company is so divided that it doesn't know which direction to go.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Auditor in New York, NY
    Former Employee - Auditor in New York, NY

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

    Pros

    They knowledgable people but they are all too scared of getting their heads chopped off

    Cons

    They will throw you under the bus in a heartbeat.

    Advice to ManagementAdvice

    Stop looking out for yourselves

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    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
  8.  

    The people were fun.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    The pay was always great.

    Cons

    The atmosphere some days were a bit boring.

  9.  

    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
  10.  

    nice while it lasted

    Former Employee - Senior Account Executive in Buena Park, CA
    Former Employee - Senior Account Executive in Buena Park, CA

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

    Pros

    Great training and personal growth

    Cons

    it was a great job while it lasted but the industry bottomed out and we were let go in a large group of 7k.

    Recommends
    Negative Outlook
  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

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