Wells Fargo reviews

3.5

58% would recommend to a friend

(54,285 total reviews)
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Charlie Scharf

62% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,285 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzen industry (3.7 stars).

Reviews by job title

54K reviews
2.0
Apr 7, 2022
Recommend
CEO approval
Business Outlook

Pros

They offer a lot of PTO, especially when you’ve worked there a few years as I have. They also match our 401k up to 6%, but that’s where the pros unfortunately stop.

Cons

They “promote” employees to new positions with more work, but without compensation and with no explanations as to why a whole department was now doing something entirely different. They are constantly changing policies and procedures to make absolutely no sense. Many of us do not have access to portals, applications, email and other resources needed to perform our jobs. We have Absolutely no leadership or management accountability and nobody ever knows what’s going on. Everyone does their own thing, their own way and everyone sort of plays along with it. The culture there is toxic and they exploit employees, especially the Spanish speaking ones. We do more work for the same pay. The pay is also an issue. They don’t have competitive wages, or livable wages at this point and their “raises” are a joke even when you are a top performer, as I am.

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!

5.0
Aug 24, 2018
Recommend
CEO approval
Business Outlook

Pros

The culture here is phenomenal. The message is all about how the people make the difference and the company is very focused on developing employees. The routines set in place to reinforce the behaviors are phenomenal. Resources available to leaders for improving coaching style are endless! They have even taken external leadership theories and incorporated those into the resources and training available. Highly engaged and talented people work here, making it a great place to network and grow.

Cons

Some systems are a bit antiquated, but to be honest I’d prefer that over flashy stuff that glitches out all the time. Time off is not very competitive, and it doesn’t increase with positions that have more responsibility, it only increases with years worked at the company. No fully comprehensive health plan, but they do offer a company funded HSA with one of the plans.

Viewing 1 - 3 of 54,285 Reviews

Glassdoor has 58,373 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.