Wells Fargo reviews

3.5

58% would recommend to a friend

(54,296 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 54,296 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
5.0
Mar 3, 2022
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo's retail banking environment depends pretty heavily on your management, but I got lucky and most of my managers over the years were very good, although a bad manager will absolutely ruin your time there. Luckily, it's fairly easy to apply for open positions at different branches. Wells Fargo benefits were great. I loved the amount of PTO I had every year and all national holidays paid. I felt respected there and that I always had room to grow and learn.

Cons

Company is constantly changes expectations and rules in order to look ease regulatory pressure. Many of our customer interactions were fairly scripted and you are required to read a lot of things verbatim, which creates a very fake experience . Additionally, I submitted my two week notice and was terminated the same day rather than being allowed to work for two weeks. I as told I would be paid for the two weeks, but have not yet and have had to make multiple hour plus phone calls to HR to seek resolution. If you work for Wells and are leaving, then just quit same day, company wants the courtesy of a notice, but just walked me when I gave one with no pay.

4.0
Dec 14, 2021
Recommend
CEO approval
Business Outlook

Pros

Generous PTO 6% 401k Match, fully vested in 1 year 16 weeks paid parental leave Good benefits

Cons

Little room for advancement in niche groups Boomer management style Lots of clock watching/micromanagement Pay is not competitive, they often only give 1-2% merit increases Lots of emphasis on profits and shareholders Inflexible in almost all ways due to corporate oversight and regulatory oversight Hard to negotiate Everything moves at a snail’s pace Bad middle managers roam free—many are bully-like but no action is ever taken against them. They don’t like change and want to stay old school—frustrating if you’re young and idealistic.

3.0
Dec 13, 2021
Recommend
CEO approval
Business Outlook

Pros

Really dedicated to doing better for customer after the settlement, good health insurance, have always had a great management team

Cons

There is much more flexibility needed for employees to find a better work/life balance. The CEO is very set in his ways about work from home, and there are a lot of employees in situations where they would be much more comfortable working from home full time, or at least part time. Right now everyone in a non customer facing roll is working from home due to the pandemic, but that will be ending soon, despite states still having high hospitalizations from COVID, etc., but the CEO is adamant we can only do our best work in the office, which we have disproven the last 2 years. Also there are a lot of employees who have good medical reasons for a work from home accommodation, but that accommodation is rarely granted, even with several doctors recommendations (I speak from experience here). After finally getting to try work from home, I find myself looking to finding a job with a new company because it has been so life changing in how I manage my illness. It's a shame because I have over a decade of experience with the company, and love my job, but there is no guarantee even the part time work from home offer while we get used to being back in the office will continue.

Viewing 34 - 36 of 54,296 Reviews

Glassdoor has 58,386 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.