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 (2330) , Senior Software Engineer (871) , Software Engineer (813) , Lead Teller (798) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (472) , Analyst (454) , Service Manager (449) , Vice President (403) , 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 6507 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3260 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3223 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2184 reviews)); "Conservative credit culture is great because the bank tends to shy away from risky products." ((in 1400 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 2599 reviews)); "I had very good and very bad managers while I worked there." ((in 1394 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 539 reviews)); "Long hours and no at home food voucher" ((in 479 reviews)); "Lots of layoffs and reorganizations" ((in 458 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.

Wells Fargo reviews

3.5

57% would recommend to a friend

(54,439 total reviews)

Charlie Scharf

62% approve of CEO

55% positive business outlook

Ratings by demographic groups

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Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,439 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

Jan 27, 2009

This company has one of the highest turnover rates in Canada, period.

Credit manager

Recommend

CEO approval

Business Outlook

Pros

You can get paid to do nothing.

Cons

How much space do I have for this? Getting promoted is a joke. You're lucky if you get a 2% raise at promotion; there are NO yearly raises what so ever. Bonus structure is laughable. Sure there is an "opportunity" to make more money, but it requires an emmence amount of effort for a pathetic return. 99% of Credit Managers don't make bonus, those who do its rare for it to be over a few hundred dollars.

2.0

Nov 12, 2008

Retail Banking has Gone Downhill

Registered personal banker

Recommend

CEO approval

Business Outlook

Pros

The company is stable and they offer a benefits package. In the current financial crisis employment at Wells Fargo is pretty secure, however there are rumors of lay off's comming, as we merge with Wachovia.

Cons

In order to progress in your carreer in retail banking you have be willing to throw out your morals, pride and common sense and be prepared to do a lot of ass kissing. Retail managment does not care at all about sales emplyees, their only goal is to squeeze as much out of you as they can. As a banker be prepared to be assigned redundant and inefficient tasks which will only hinder you from achieving overinflated and unrealistic sales goals.

1.0

Oct 13, 2008

Wells Fargo is BAD

Teller

Recommend

CEO approval

Business Outlook

Pros

Pay is good for a student, co-workers became life long friends.

Cons

Bad management, it's not what you know but instead who you know, work is actually a lot harder then you would expect. I was constantly left alone in the drive thru during the busiest times. Management is awful. Service managers are the worst I have ever seen.

Viewing 478 - 480 of 54,439 Reviews

Jobs at Wells Fargo

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Full Stack Java Developer

Teller Full Time Pierre

Pierre, SD

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Wells Fargo

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This company has one of the highest turnover rates in Canada, period.

Retail Banking has Gone Downhill

Wells Fargo is BAD

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