Wachovia Reviews | Glassdoor

Wachovia Reviews

Updated July 18, 2017
730 reviews

Filter

Filter

Full-timePart-time

730 Employee Reviews

Sort: PopularRatingDate

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
  • 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. "Ugh"

    StarStarStarStarStar
    • 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.


  2. "10 years until Wells Fargo Acquisition ended my career"

    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
    Recommends
    Negative Outlook
    Approves of CEO

    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

  3. "One of the Best Companies I ever worked for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Branch Manager in Greenville, SC
    Former Employee - Branch Manager in Greenville, SC
    Recommends
    Neutral Outlook
    No opinion of CEO

    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


  4. "Used to not be awful...USED to"

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

    I worked at Wachovia full-time (More than a 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 Management

    stop shoving mortgages and loans on people you know can' afford them.


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

    StarStarStarStarStar
    • 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


  6. "Overall it was O.K.. It seems that they like their employees to stay in the same role for extended periods of time."

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

    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 Management

    None.


  7. "Division Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Divisional Manager in Los Angeles, CA
    Former Employee - Divisional Manager in Los Angeles, CA
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

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

    Cons

    Lower level management would sometimes micro-manage.

    Advice to Management

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

  8. "nice while it lasted"

    StarStarStarStarStar
    Former Employee - Senior Account Executive in Buena Park, CA
    Former Employee - Senior Account Executive in Buena Park, CA
    Recommends
    Negative Outlook

    I worked at Wachovia full-time (More than a 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.


  9. "I enjoyed working in the Item Processing Dept"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operation Specialist in Jacksonville, FL
    Former Employee - Operation Specialist in Jacksonville, FL
    No opinion of CEO

    I worked at Wachovia full-time (More than 8 years)

    Pros

    Excellent benefits and the supervisors were very professional and caring.

    Cons

    Everyone on the team did not do their part.


  10. "Mismanagement of Employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Specialist in Austin, TX
    Current Employee - Financial Specialist in Austin, TX
    No opinion of CEO

    I have been working at Wachovia full-time (More than a year)

    Pros

    Provided position for initiation and development successful career as financial professional.

    Cons

    Advancement and tenure of Financial Specialist leading district in most categories of performance review was limited by mismanagement and micro-management of very young and inexperienced manager, no longer employed by Wachovia. Employees in comparable banking positions are shocked by the reasons for which I was written up: 1. Followed instructions of telephone to support customer by replacing single checking account rather than taking extended time to reconfigure initial terms (at time the only representative serving extensive line of customers). 2. Initialized, but immediately canceled before transacting, wire transfer requested by telephone by customer claiming to need funds for medical emergency; 3. Misplaced - but later relocated - deposit slip for new CD. 4. Opened checking account for customer with temporary license (account was opened with cash deposit, no withdraw allowed for funds beyond initial cash deposit until presentation of permanent license.
    Notes on U-5/U-5 have virtually ruined career opportunities of highly professional who did no violation of ethics & who provided consistently excellent service for clients.

    Advice to Management

    Provide opportunity for employees to review case with manager of immediate supervisor (Regional versus District manager).


Showing 730 of 738 reviews
Reset Filters