Wells Fargo reviews

3.5

57% would recommend to a friend

(54,395 total reviews)
avatar

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 54,395 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
1.0
Oct 7, 2021
Recommend
CEO approval
Business Outlook

Pros

There are more cons than pros.

Cons

Poor management, toxic culture created and supported by senior leaders and HR. No respect for employees opinion and feedback. Managers and senior managers play dirty politics. Some of the managers are highly unethical and go to any level to destroy people's career and when employees report this behavior to next level, it gets even worse and these employees are targetted. Most of the management layer is extremely biased and authoritative. They treat their reportees like slaves. Thats why the attrition is very high. While Wells Fargo India is hiring in herds every week, people keep leaving the org rapidly in very short time.

1.0
Oct 7, 2021

Terrible Company

Recommend
CEO approval
Business Outlook

Pros

*Access to a wide variety of investment options and the ability to access banking products for clients that are interested.

Cons

*Incredible waste and overhead from redundant layers of management. Many could be fired tomorrow and employees wouldn't notice. There are also unnecessary job positions like "productivity consultants" that do nothing except forward e-mails with information that's already available to us. *Technology is awful. My computer constantly freezes for the most basic functions like minimizing a window. I've had several computers and essentially they are so cheap they can't run our software efficiently. Things that should be done in a few minutes end up taking much longer. *Advisors have pay cut almost every year except when the bank had the scandal and they couldn't afford to lose more Advisors. *They only care about high net worth clients and nobody else. *Advisors are unable to discount trades beyond 5% without paying for it themselves. *Back office support is extremely incompetent, inefficient, and has no accountability.

1.0
Sep 28, 2021
Recommend
CEO approval
Business Outlook

Pros

Employees I work with are fantastic and focused on doing the right thing Employees are very customer focused Compensation is competitive.

Cons

Executive leadership decided to disregard all telecommuter arrangements previously put in place and force everyone to start coming into the office, and during a pandemic. All work from home positions have been eliminated, with no logical reason given. Employees are angry, and rightly so. Executive leadership refuses to listen to employee and management feedback, despite declining morale, decreasing employee engagement, and increasing attrition. Full steam ahead. Benefits: Poor paid time off for new hires. No sick time. Expensive medical insurance. Lack of good technology for employees. Manual processes, Lack of diversity in executive positions, especially those making decisions about how employees work

Viewing 313 - 315 of 54,395 Reviews

Glassdoor has 58,493 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.