Wachovia

www.wachovia.com
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Wachovia Reviews

Updated 25 February 2015
Updated 25 February 2015
673 Reviews
3.3
673 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
173 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.  

    Best banking comp plan

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker II
    Current Employee - Personal Banker II

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

    Pros

    Comp plan, sales does not report to branch manager, provide tools to succeed and exceptional training, allow employees to easily transfer between departments.

    Cons

    Work life balance, have to work occasional weekends, went out of business, not flexible considering improvements that can be made to current processes

    Advice to ManagementAdvice

    Promote people that have demonstrated the ability to deliver and not based on how long someone has been there. Be more open to process changes.

    Recommends
    Negative Outlook
    Disapproves of CEO
  2.  

    Wachovia

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Associate in Winston-Salem, NC (US)
    Former Employee - Client Service Associate in Winston-Salem, NC (US)

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Best bank to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    very good company that takes care of their employees

    Cons

    banking industry is very challenging and stressful

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Customer servce

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative in Richmond, VA (US)
    Current Employee - Customer Service Representative in Richmond, VA (US)

    I have been working at Wachovia

    Pros

    Great Pay, Great Benefits, Great Team Leads

    Cons

    Stressful Job, easy to get fired, very hard to earn incentives

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  6.  

    Wholesale mortgage origination

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    Good benefit package including pto time

    Cons

    Follow up on strategies.give them tI'm to develop before changing course.

    Advice to ManagementAdvice

    Need to reach all levels for process improvement

  7.  

    Great Company with great benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Anonymous Contractor
    Former Contractor - Anonymous Contractor

    I worked at Wachovia as a contractor

    Pros

    Culture, Benefits, Work life balance

    Cons

    Too bureaucratic, Advancement Opportunities and Inefficient work environment

    Advice to ManagementAdvice

    Grow your business by creating advancement opportunities

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8.  

    Friendly overall atmosphere

    Former Employee - Mortgage Consultant in Charlotte, NC (US)
    Former Employee - Mortgage Consultant in Charlotte, NC (US)

    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 ManagementAdvice

    Promote those that are worthy and making their numbers.

    No opinion of CEO
  9.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia full-time

    Pros

    Great pay policy which treat employees fairly. Switch to Wells fargo was the wost thing that happened. Good work life balance.

    Cons

    The switch to wells fargo stalled all chances of advancement and promotion. It became all about churning out numbers and selling products people didnt need.

    Advice to ManagementAdvice

    retire

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Excellent working teams

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wachovia

    Pros

    Great culture and satifying work

    Cons

    Poor visibility into long term strategy

    Recommends
    Positive Outlook
    Approves 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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