Not a Place to Start A Career - Personal Banker Wells Fargo Employee Review

1.0
Sep 5, 2010
Recommend
CEO approval
Business Outlook

Pros

This is a sales job. Not a banking job but a sales job. If you go into it knowing this, you won't be disappointed with the work itself. The pay is very generous considering this is a retail sales job. You do not need a business degree (or any college at all) or even any experience in banking . They don't drug test and the background checks aren't the most through. It's a retail job but one that pays very well. The benefits are okay. There are better packages out there but again it's a glorified retail sales job so yes it is generous of them to offer health insurance and the PTO is very nice. Moving up is easy if you do well and make nice with the higher ups.

Cons

There is a reason they throw so much money at bankers when you don't need any banking experience or formal training to get the job. The turnover is very very high. People who can get out, usually choose to do so. Wells Fargo doesn't require any formal education, they don't conduct drug tests when hiring, and their background checks aren't through. People who cannot pass these barriers at other places of employment tend to remain instead of moving on from Wells Fargo and so through the years the concentration of people who are "trapped" grows. Ethics are lacking especially in management. Competition between co-workers is encouraged and often turns sour. Insecurities run very high so it can be pretty cutthroat, if you plan on doing well you better grow thick skin and get used to dealing with passive aggressive attacks. It's a lot like high school and if you go into it realizing this will you'll be better prepared to handle what you see. It's not a fun place to work and again there's a reason the turn over is so high and just remember there's a reason some people have to remain there for years despite hating their jobs.

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5.0
May 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Great supportive atmosphere with lots of resources.

Cons

Constant learning required on the job.

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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