Good pay; toxic culture - Anonymous employee Wells Fargo Employee Review

2.0
May 6, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay is great with great bonus potential if you have the right manager. Benefits are also good. I liked my opportunities to try new projects and collaborate with new teams. Hybrid work schedule is an OK benefit.

Cons

New York leadership has encouraged an incredibly toxic culture. People are incentivized to throw others under the bus. In the Wealth Management business, the leadership is so far removed from what's important to the advisor business, and then bends over backwards in all the wrong ways to accommodate ridiculous advisor requests for FAs who end up leaving within 6 months. The regulatory issues the bank has faced in the past decade has left teams with needing to implement new policies and procedures that are impossible to manage to. Also the shift from remote work and focus on the new location strategy has forced tens of thousands of people out or displaced, and left the rest of us shouldering the burden of an increased workload. And the location strategy has prevented people in "non-core" locations from building their careers across the company.

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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