Complete Downward Spiral - Home Mortgage Consultant Wells Fargo Employee Review

2.0
Mar 22, 2018
Recommend
CEO approval
Business Outlook

Pros

401k is 6% match, tuition reimbursement, and other typical perks of the big corporate environment.

Cons

WF execs and upper management are clueless about the environment below them. Ever since all the scandals, they have shifted focus to customers and have completely given up caring about their employees. Employees are suffering big pay cuts, essentially paying for all the fines that WF is being hit with. Morale has hit an all-time low but nothing is being done to reverse it. Pay is structured now around a lot of factors that are out actually of your control. Anytime you can't control your paycheck, you are going to feel totally helpless. Typical corporate feedback system - "Your Opinion Counts" is just jargon for "We have to find a way to make it look like we care". Until they actually do something to reverse the downfall, nobody's opinion counts.

Explore other reviews about Wells Fargo

5.0
May 26, 2026
Recommend
CEO approval
Business Outlook

Pros

Thank you for contributing to the community. Your opinion will help others make decisions about jobs and companies.

Cons

Aggressive or discriminatory language Profanities Trade secrets/confidential information

4.0
Dec 1, 2014
Recommend
CEO approval
Business Outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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