Wachovia Reviews | Glassdoor

Wachovia Reviews

72 reviews

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1.0
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Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
27 Ratings

72 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 37 reviews)

Cons
More Pros and Cons

  1. "Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Chantilly, VA
    Former Employee - Analyst in Chantilly, VA
    Doesn't Recommend
    Negative Outlook

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

    Pros

    excellent health benefit and work environment on going training competitive salary compare to other banks.

    Cons

    horrible managers coworkers are not helping out each other don't really recommend to apply for this company

    Advice to Management

    Be sure to keep future focused and provide the resources when and where needed.
    Helpful (37)
    Flag as Inappropriate


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

    Star Star Star Star Star
    • 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.


  3. "Gone but not forgotten"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - LFS in Denver, CO
    Former Employee - LFS in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    There was a strong community of bankers.

    Cons

    Now Wells Fargo with a different culture.


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


  5. "Ugh"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Center Manager in Baltimore, MD
    Former Employee - Financial Center Manager in Baltimore, MD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Enjoyed the people I worked with

    Cons

    Terrible culture-micro management to a T

    Advice to Management

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


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

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Auditor in New York, NY
    Former Employee - Auditor in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    Stop looking out for yourselves


  7. "At your own risk"

    Star Star Star Star Star
    • 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
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    I don't have any to share

    Cons

    This was not the right culture for me. Wrong place, wrong time. I was miserable there


  8. "Overall bad experience"

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

    Pros

    Nothing really comes to mind. The only good part about working there were a few great coworkers.

    Cons

    There wasn't any sense of employee appreciation, you felt like you were just another number. Very bureaucratic atmosphere. The management was inconsistent and overall poorly run.

    Advice to Management

    Don't take your employees for granted


  9. "For a Fortune 500 company it was very poorly run"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Mortgage Banking Director in Dallas, TX
    Former Employee - Mortgage Banking Director in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good compensation and working conditions

    Cons

    A very disorganized quagmire of bureaucracy managed by overwhelmingly arrogant and self righteous people at the top.

    Advice to Management

    Should have brought some good leaders in then, most importantly, leave them alone to do their job.


  10. "sucks badly"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Greensboro, NC
    Current Employee - Teller in Greensboro, NC
    Doesn't Recommend
    Disapproves of CEO

    Pros

    benefits are admittedly pretty good

    Cons

    EVERYTHING ELSE!!! They treat you horribly, hire people to be managers who never managed before, and then they load you with work that they know you can't complete.

    Advice to Management

    I hope Wells Fargo is better than the crap I dealt with


  11. "Unhappy"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager in Jacksonville, FL
    Former Employee - Service Manager in Jacksonville, FL
    Doesn't Recommend
    No opinion of CEO

    Pros

    The best reason to work at Wachovia was our customers and my team members.

    Cons

    Complete lack of affective and effective management. Complete lack of truthful communication. In some cases extremely poor management skills.



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