Wachovia
3.1 of 5 643 reviews
www.wachovia.com Charlotte, NC 5000+ Employees

Wachovia Reviews

Updated Apr 16, 2014
All Employees Current Employees Only

3.1 643 reviews

                             

55% Approve of the CEO

Wachovia Chairman and CEO John G. Stumpf

John G. Stumpf

(163 ratings)

53% of employees recommend this company to a friend
643 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Work/Life balance was highly recognized"
    in 38 reviews
  • "Good benefits package, great earning potential"
    in 52 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
  • Show more review highlights

Reviews

  • Work/Life Balance
         
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  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

good company to work for

Anonymous Employee (Former Employee)
City of London, England

I worked at Wachovia

Prosdefinately a good company to work for. people are nice, if you have a good manager who is willing to look after you, your career can surely look good.

Conshowever sometimes you may have a manager who is not that good in terms of look after you, then you should think twice before you take the job.

Advice to Senior Managementpeople manager is the key for the sucess of business. afterall the most valuable asset for a bank is people.

Yes, I would recommend this company to a friend

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Great place to work. Love my co workers

Tax Specialist (Former Employee)
Charlotte, NC (US)

I worked at Wachovia full-time for more than a year

ProsLocation was great. about 10 minutes from my home

ConsTraffic was terrible. There was a bottleneck getting into the site.

Advice to Senior ManagementNone, all of my managers were great

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • No Opinion of CEO

 

Great place to work

Operations Specialist (Former Employee)

I worked at Wachovia full-time for more than 3 years

ProsGreat atmosphere to work in while in Richmond VA, the team leads, managers and superiors actually cared about their associates. Great team atmosphere. The company relocated in 2008 but that wasnt an option in the drop down.

ConsOnce the company merged with Wells Fargo and relocated to St. Louis the atmosphere there was different. The open door policy that existed in Richmond at Wachovia didnt exist in St. Louis at Wells Fargo with the managers.

Advice to Senior ManagementHumanize yourselves. Treat employees like people and not like robots

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Gone but not forgotten

LFS (Former Employee)
Denver, CO (US)

I worked at Wachovia full-time for more than a year

ProsThere was a strong community of bankers.

ConsNow Wells Fargo with a different culture.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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I certainly wish circumstances were different and my career still with this company

Anonymous Employee (Former Employee)

I worked at Wachovia full-time for more than 8 years

ProsThey support further advancement and while not everyone received respectible compensation I know that I did. The benefits package was outstanding and many selections that I certainly took advantage of while there.

ConsToo many disconnected upper managment staff. They really have and had no understanding of what was happening in the lower ranks. Therefore had no idea how to motivate and keep them engaged. The culture was very much an us versus them mentality because while upper management thought they were doing a great job in reality they did nothing but alienate the people the worked for them.

Advice to Senior ManagementToo late now the company was bought out by Wells Fargo so I can only hope that the new management is better positioned to cure the ills of this company.

Yes, I would recommend this company to a friend

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  • Approves of CEO

 

I miss this company

Anonymous Employee (Former Employee)

I worked at Wachovia

ProsEverything was cool. Nice People nice place to work. Good training.

ConsNothing it was a great company to work for, too bad it no longer exists

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Wachovia assigned me to the Mainframe priviledge access administration position.

Security Engineer (Former Employee)
Charlotte, NC (US)

I worked at Wachovia full-time for more than 5 years

ProsLoved working for Wachovia was disappointed when Well's fargo obtained them.

ConsWell's fargo did not merge most current Wachovia employee's

Advice to Senior Managementmanagement and myself worked hand in hand to develope the priviledge access process

Yes, I would recommend this company to a friend

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Tech Support - Level 3

Tech Support - Level III (Former Employee)
Saint Louis, MO (US)

I worked at Wachovia as a contractor for more than a year

ProsWorked with some great people, and tackled a lot of issues.

ConsOnly wanted contractor positions, and wouldn't hire, despite several awards and praise while contracting.

Advice to Senior ManagementDon't be cheap, and farm out the support. Hire the talent, that's proved themselves. We could've had a great relationship, for years to come.

No, I would not recommend this company to a friend

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10 years until Wells Fargo Acquisition ended my career

Anonymous Employee (Former Employee)
Charlotte, NC (US)

I worked at Wachovia full-time for more than 10 years

Prosflexible work environment, great pay, advancement opportunities

ConsAcquired by Wells Fargo in 2009

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Ugh

Financial Center Manager (Former Employee)
Baltimore, MD (US)

I worked at Wachovia full-time for more than a year

ProsEnjoyed the people I worked with

ConsTerrible culture-micro management to a T

Advice to Senior ManagementStop having multiple daily conference calls to see how many new accounts have been procured.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Wachovia reviews and ratings - including employee satisfaction and approval ratings for Wachovia CEO John G. Stumpf. All 643 reviews are posted anonymously by Wachovia employees.