Wachovia Reviews in North Carolina | Glassdoor

Wachovia North Carolina Reviews

Updated July 18, 2017
158 reviews

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North Carolina

3.1
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Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
39 Ratings

158 Employee Reviews

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Pros
  • They hire top notch people, have top notch training and good benefits (in 60 reviews)

  • Great benefits to employees including starting with 18 days of PTO (in 38 reviews)

Cons
  • none - focused direction great locations great customer service (in 22 reviews)

  • Upper management gave lots of pressure for branch to meet its goals (in 20 reviews)

More Pros and Cons

  1. "Best company I ever worked for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Process Manager in Charlotte, NC
    Former Employee - Process Manager in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Culture, great compensation package. Wachovia culture was like family! I enjoyed every day at work. Lots of training and growth opportunities!

    Cons

    Decisions could take a while. The hiring process seemed to take forever and bureaucracy was rampant.

    Advice to Management

    Do your due diligence before buying a mortgage company. One bad decision bankrupted the best bank in the industry!


  2. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Mortgage Consultant in Greensboro, NC
    Current Employee - Home Mortgage Consultant in Greensboro, NC
    Recommends
    Negative Outlook

    I have been working at Wachovia (Less than a year)

    Pros

    Great culture, benefits and technology are great.

    Cons

    Recent scandals have caused reputation to decline which makes it harder to sell.

  3. "Customer Service Person"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Associate in Charlotte, NC
    Former Employee - Sales Associate in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Wachovia (More than a year)

    Pros

    Great benefits, wonderful incentives, management works with employees to meet their goals. Good working hours, company believes in team participation to reach branch goals.

    Cons

    High Pressure to make sales of new accounts, company quick to fire if quotas not met. Management does not backup employees or work to help them meet the company goals.


  4. "Wachovia"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good atmosphere, good benefits, good salary

    Cons

    Atmosphere changed for the worse after Wells Fargo took over


  5. "Great experiance , Great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President in Charlotte, NC
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Wachovia full-time (More than 3 years)

    Pros

    great work life balance

    Cons

    Pay is often sub market

    Advice to Management

    reduce dead weight


  6. "Wachovia"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Associate in Winston-Salem, NC
    Former Employee - Client Service Associate in Winston-Salem, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wachovia full-time (More than a year)

    Pros

    Health benefits, work life balance, office culture was great! Compensation was in line with role specifications. Worked in a centralized unit and processes were well defined?

    Cons

    I really enjoyed my time here and do not have any cons to note. Departed from the company only because husband job transferred to another city.


  7. "Friendly overall atmosphere"

    StarStarStarStarStar
    Former Employee - Mortgage Consultant in Charlotte, NC
    Former Employee - Mortgage Consultant in Charlotte, NC
    No opinion of CEO

    I worked at Wachovia part-time (More than 3 years)

    Pros

    Friendly supervisors and staff. My team always made sure everyone was acknowledged during birthdays, etc.

    Cons

    There isn't much that pops into my mind.

    Advice to Management

    Promote those that are worthy and making their numbers.

  8. "Popularity contest in Derivative Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    Willing to pay for external talent...Charlotte is an excellent city to live in. Good place to work if learning and not interested in promotion or questioning policies/processes/procedures. Plenty of good people, unfortunately they are not in management.

    Cons

    Very difficult to promote/transfer internally for high level performers. High level will often be kept in their current position and not allowed chances to grow or change. Less talented employees who focus on popularity contests are more easily promoted and then re-shuffled when they fail. Ethics are not highly regarded and mgmt shows no interest in generating a positive work atmosphere. Highly ethical individuals might become uncomfortable over time.


  9. "Great place to work until Wells Fargo came with their horrible leadership!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Grunt in Raleigh, NC
    Former Employee - Grunt in Raleigh, NC

    I worked at Wachovia full-time (More than 10 years)

    Pros

    Co-workers were like family.Training was excellent.....Wells Fargo training methods were a joke...

    Cons

    Typical corporate.....No perks!......Wells Fargo Training Style AKA which way is the wind blowing!

    Advice to Management

    Wells Fargo changed procedures daily.Employees left after being with Wachovia for over 20 yrs.


  10. "strange corporate culture dot com style in charlotte"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Javascript Engineer in Charlotte, NC
    Former Contractor - Javascript Engineer in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wachovia as a contractor (Less than a year)

    Pros

    during merger with wells fargo this was a terrific javascript only development position with little supervision and large latitude to complete tasks

    Cons

    slow development turn around with software engineers and odd paper thin cloth octagon cubicles so you could hear every nose scratch or click of people next to you

    Advice to Management

    manager left and got team members he liked to follow him to a new company


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