Read the REAL reviews here and stay away - Senior Credit Analyst Wells Fargo Employee Review

2.0
Feb 20, 2024
Recommend
CEO approval
Business Outlook

Pros

Decent direct managers Benefits 401K match

Cons

- Strict RTO of 4 days per week with requirement to make-up missed days due to weather (even if they close the site) or personal circumstances for non customer facing employees. -Low merit increases normally in the 2-3%+ range (if you're lucky) while the CEO gets an 18% pay bump (equaling millions of dollars). -Well known that male employees make more than females, evident by multiple lawsuits. -Constant layoffs and job uncertainty ($1 BILLION set aside for severance in 2024.) -Blatant corporate greed raking in billions of dollars while suggesting employees get a side hustle to deal with inflation during COVID. -Recently C-Suite stated we'll need to purchase our OWN computers to use at work. -Poor reputation, when are we NOT in the news?!? -History of retaliation for whistle blowers. -Managers only allowed to rate higher than Meets for a certain number of employees even when more people qualify for the rating. In addition not being able to rate higher than Meets for all employees during certain cycles to keep merit increases low. -Managers only under certain situations able to promote during the year to again keep salaries low. Normally all promotions are done at year end so they can wrap your promotion and merit increase into one lower percentage. Hiring freezes for back filling positions (replacing someone who left.)

Explore other reviews about Wells Fargo

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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