Wachovia Reviews

Updated 13 April 2015
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3.7
681 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Wachovia Chairman and CEO John G. Stumpf
John G. Stumpf
176 Ratings

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 Pros and Cons

Employee Reviews

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  1. Excellent company with great values!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Java Developer in Hyderābād
    Former Contractor - Java Developer in Hyderābād

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    I had a great team to work with. Commitment and hardwork are the key things within every team here.

    Cons

    Nothing that I have to mention about.

    Advice to Management

    Keep up the employee satisfaction the way it is now.

  2. great

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

    I have been working at Wachovia full-time

    Pros

    Room for advancement, tuition reimbursement

    Cons

    The collapse of Wachovia National Association

  3. Best company I ever worked for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Process Manager in Charlotte, NC (US)
    Former Employee - Process Manager in Charlotte, NC (US)

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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!

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


  5. Great experiance , Great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Charlotte, NC (US)
    Current Employee - Vice President in Charlotte, NC (US)

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    great work life balance

    Cons

    Pay is often sub market

    Advice to Management

    reduce dead weight

  6. Good entry level; something to put experience on your resume

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Call Center Customer Service in Tampa, FL (US)
    Former Employee - Call Center Customer Service in Tampa, FL (US)

    I worked at Wachovia part-time (less than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Sometimes casual environment. Usually friendly coworkers

    Cons

    Cant leave your desk to go to the bathroom. Its like elementary school.

  7. Great company. Would have likely never left if the brokerage's HQ hadn't moved to STL.

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

    I worked at Wachovia

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great co-workers. Young, outgoing and fun workforce that had balanced lives and made being at work feel less like a "job."

    Cons

    20 word minimum. 20 word minimum.20 word minimum. 20 word minimum. 20 word minimum. 20 word minimum. 20 word minimum.

    Advice to Management

    This advice goes to all companies: make sure you take care of your best employees. Treating everyone the same may be easier but doesn't always make sense if your best workers leave...

  8. 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)

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    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 Management

    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.

  9. Good employer

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wachovia

    Pros

    Good wages and opportunities. Great upper management

    Cons

    Downsizing. Company can be too large.

  10. Great place to work.

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

    I worked at Wachovia

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Compensation was great, good job atmosphere

    Cons

    Long hours and somewhat disfunctional branches

    Advice to Management

    Better bonuses and more training for positions

  11. 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.

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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