Wells Fargo reviews

3.5

57% would recommend to a friend

(54,400 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 54,400 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
4.0
Apr 27, 2021

Finding gold in a mine

Recommend
CEO approval
Business Outlook

Pros

There are some great leaders, mentors, and team members. I've heard horror stories, but I've been fortunate to avoid the landmines of toxic leadership and apathetic peers. Senior leadership has flipped over quite a bit so it's hard to judge, but the current CEO seems genuine. Whether the high turnover was a series of choices or suggestions is anyone's guess, but the end result is a small consolation to people that lost their jobs in the past due to a leadership team that encouraged bad behavior. The future looks brighter than the past.

Cons

Much lower pay than competitors. A peer was fired for performance after 15 years with Wells Fargo. He (or She) was hired by a competitor for nearly double the pay and went on to be a top performer at that company. My former peer heard about the job opening from several high performers that left Wells Fargo to accept better pay for the same role. It's frustrating to see poor performers retained year after year when top performers walk out the door.

5.0
Apr 22, 2021
Recommend
CEO approval
Business Outlook

Pros

Great technology stack, you will learn however much effort you put in. If you shine and perform it will be noted and will help further your career Great benefits Great people

Cons

Like all big companies, there are office politics. But if you focus on yourself, do your work, and perform well consistently, you will do great. Required to work from the office. The work from home option is there but you can only use it on occasions. No work from remote permanent option. Once you get noticed and are given more work and responsibilities your work-life balance gets seriously scewed. Anywhere up to 40 - 55 hours per week is normal at that point. Weekend work is there not always but often times.

2.0
Apr 20, 2021
Recommend
CEO approval
Business Outlook

Pros

Low level management is usually as supportive as they are allowed to be. Great people working at WF overall. People are normally very willing to help you. Has some good benefits like 4 months paid parental leave. Once you get in you can move around somewhat easily. work/life balance is good unless you are an analyst of some sort.

Cons

Poor company/staff moral. Lots of layoffs and on the banking side you are forced to reapply for the job you currently have. No surprise when the keep only the people they can pay less. If you are in a field that isn't banking specific then the upper level management runs the show but doesn't know how things operate at the lower levels. In the WF tech world its normal to see managers overseeing an engineering group who have no engineering experience. Mid level/upper level management in tech fields are normally MBA's with a finance background who know little about the systems they support. Most of the systems and processes make no sense. Every 2-3 years everything changes depending on who's in charge and before the dust settles it changes again... usually to the way it was prior. You can bet that management will always go for the cheaper option vs the better option. Scandal after scandal after government mandate was caused by poor sr. management. Many of those managers are still around but were moved to different areas of the bank.

Viewing 319 - 321 of 54,400 Reviews

Glassdoor has 58,498 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.