Wachovia - Morale is in the tank | Glassdoor
There are newer employer reviews for Wachovia
There are newer employer reviews for Wachovia

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"Morale is in the tank"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Banker in New York, NY
Current Employee - Banker in New York, NY
Doesn't Recommend

Pros

Currently we onl;y work M-F
Decent benefits
Recruiters know that our best and brightest want out.

Cons

Unreasonable goals
Horrible Incentive Program
Senior Management disconnect
Lack of Respect for employees

Advice to Management

The East coast Bank is in disarray, morale is the lowest that I have ever seen in 25+ years in banking

Other Employee Reviews for Wachovia

  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Richmond, VA
    Former Employee - Vice President in Richmond, VA
    Recommends
    Approves of CEO

    Pros

    Great place to work
    Career path clear
    Goals oriented

    Cons

    Wished it survived the financial upheavel of Sept. 2008. Company should have been more transparent when negative news appeared in the press.

    Advice to Management

    Continue the steady progress you are making towards remaining a superior financial institution. Continue to advance the most talented, team-oriented employees.


  2. "Great People - Culture Changing"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Orlando, FL
    Current Employee - Vice President in Orlando, FL
    Approves of CEO

    Pros

    - Most individuals want to make a difference
    - Opportunity to work in many areas of country
    - Medical Benefits are very fairly priced

    Cons

    - Corporate Culture is in flux
    - Some leaders tend to be myopic; negatively impacting stakeholders
    - Training and advancement somewhat limited outside of San Fran, Minneapolis, and Charlotte

    Advice to Management

    Move away from mindset of "this is the way we have always done it" to a vision-based orientation that leverages team member skills, abilities, and strengths.

There are newer employer reviews for Wachovia
There are newer employer reviews for Wachovia

See Most Recent

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