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
2.0
Nov 23, 2021
Recommend
CEO approval
Business Outlook

Pros

Pay is very competitive and benefits are good

Cons

I quit Wells in 2020. Internal Audit at Wells has had a MAJOR exodus of people leaving in 2019-2021 because of several reasons. You have to log all your time and meet productivity requirements. Meetings, trainings, don’t count. You have to somehow reach a 96% efficiency. It’s kind of like being in work prison. There is little to no chance of advancement. You have to invest years here before you are even considered. Favoritism abounds here. The audit process and systems are so complicated And convoluted, you’re going to be confused 99% of the time. Everything is always changing. Processes , templates, methodologies….everything. All the senior management are so worried about career advancement they undertake projects to improve things. That creates a HUGE mess. The company is so big and there are so many different lines of business it’s always chaotic and crazy. Too much to know and too little time focusing on actual audit work. Roles are never defined and you never know what you are responsible for. Too much work and not enough down time. You can’t reach out and contact people. You will get reprimanded for contacting the wrong people and asking a question. Everyone is kept fearful of senior management.

4.0
Mar 2, 2021

Wells Fargo india

Recommend
CEO approval
Business Outlook

Pros

1. Free health insurance of 5L which includes your parents and free transport. 2. Good infrastructure Building, cafeteria, flexible seatings 3. If lucky, you will work on pretty new technologies. 4. Leaves 12 personal ,12 annual, 9 sick, 10 holidays and leave encashment (max 8 annual leaves per year). 5. Brand name and you can understand US work culture. 6. 60 days notice period

Cons

1. Middle management and managers do lot of politics. Managers are worst 2. No promotion given for good candidates. Only bucket guys get promoted within 2 years others stay in same level for 4-5 years 3. Manager has all power, so you should be careful 4. Unnecessary processes

5.0
Aug 17, 2016
Recommend
CEO approval
Business Outlook

Pros

Tons of vacation time, great pay, ability to move up is fairly easy, lots of training and do a lot for the community

Cons

Sitting in cubicle all day, very repetitive, a lot of politics, people who truly work their butt off hardly get promoted, promotions normally go to people who brown nose

Viewing 37 - 39 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.