Does Wells Fargo pay their employees well?

According to anonymously submitted Glassdoor reviews, Wells Fargo employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Wells Fargo. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Wells Fargo?

57% of Wells Fargo employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Wells Fargo 3.5 out of 5 for work life balance, 3.3 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Wells Fargo?

Teller (2897) , Personal Banker (2422) , Bank Teller (2329) , Senior Software Engineer (868) , Software Engineer (812) , Lead Teller (797) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (471) , Analyst (454) , Service Manager (447) , Vice President (402) , Home Mortgage Consultant (353) , Personal Banker I (SAFE) (304)

What are the pros of working at Wells Fargo according to real employee reviews?

"Wells Fargo offers great benefits and will match what you contibute to your 401K up to 6%." ((in 6413 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3248 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3166 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2205 reviews)); "Conservative credit culture is great because the bank tends to shy away from risky products." ((in 1418 reviews))

What are the cons of working at Wells Fargo according to real employee reviews?

"Poor management; each branch operates very differently depending on the branch manager (no consistency)" ((in 2586 reviews)); "I had very good and very bad managers while I worked there." ((in 1368 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 531 reviews)); "Long hours and long nights" ((in 486 reviews)); "Lots of layoffs and on the banking side you are forced to reapply for the job you currently have." ((in 452 reviews))

What are employees saying about Wells Fargo layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Wells Fargo layoffs and their outlook for job security at Wells Fargo in 2026.

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Wells Fargo

Wells Fargo reviews

3.5

57% would recommend to a friend

(54,395 total reviews)

Charlie Scharf

62% approve of CEO

55% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.7

Compensation and benefits

3.5

Work/Life balance

3.3

Culture & values

3.3

Career opportunities

2.9

Senior management

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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

54K reviews

2.0

Sep 21, 2021

Headed for a takeover

Branch manager ii

Recommend

CEO approval

Business Outlook

Pros

PTO, holidays, and personal holidays were great. Professional training was stellar prior to Covid.

Cons

I started my career here amost two decades ago and thought I'de retire here. Uncertainty of many positions is rampant. Career advancement has dried up due to job cuts. CEO is cutting so many jobs, your workload becomes an impossible task and you are required to stay late or work 6 days a week to get it accomplished. Work/life balance is a thing of the past. It has the feeling of a take-over coming soon and great, tenured employees are fleeing the sinking ship quickly. In the district of 11 branches I was in, 6 branch managers have left in a span of 4 months. 3 more are actively looking outside of Wells Fargo.

2.0

Jun 13, 2021

Good idea for entry, but not for the long term, unless you "know" someone.

Banker

Recommend

CEO approval

Business Outlook

Pros

- Ability to contribute to HSA - 6% 401K match - School reimbursement, but work's schedule, & company's interest comes before yours. "It's a business, after all", been told. - Great direct management team. - Friendly co-workers. - Dress code tends to be relaxed, as long as it's appropriated, and professional. - May be a good stepping stone to get into the finance world.

Cons

- Very micro-managing. - Rules & regulations are made & given by bunch of CEOs, etc., who have no idea how the real branches work. - Long process(es) to get something done. - Sale practices are being replaced by contanst reviews of the CNAs, BNAs, & # of referrals from the management. - Raises are being replaced by customers' quarterly average of reviews, & surveys. - Extremely under-staffed. - A person's education, knowledge, years of service, level of customer service, or # of licenses don't mean a squat, but the ability of "kissing the right places", definitely do wonders. - The memory of the scandals are tattooed in the public's minds. Customers still bring them up from time to time, & employees are still being hammered for something they didn't do. - Just like with all big companies, anyone is replaceable. - Extremely difficult to move up. - Pay is low, compare to the company's competitors. Typical 2% annual raise, if there's any.

2.0

May 27, 2021

Good pay, mixed reviews

Principal designer

Recommend

CEO approval

Business Outlook

Pros

Good pay, challenging work, fun people

Cons

Shifting executive leadership, no longer design led

Viewing 316 - 318 of 54,395 Reviews

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