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      Wells Fargo

      Engaged Employer

      Wells Fargo reviews

      3.5

      57% would recommend to a friend

      (54,465 total reviews)
      avatar

      Charlie Scharf

      62% approve of CEO

      55% positive business outlook

      Ratings by demographic groups

      Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,465 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
      May 6, 2010

      Your job is as stressful as your manager makes it.

      Business specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      There is opportunity for career growth if you are extremely dedicated and have exceptional people skills. This particular position is much better than the personal banker I position. The base salary is much better, and the quarterly bonuses are considerably better. And the bonuses are a lot easier to hit as a Business Specialist as opposed to even a Personal Banker II position. In my opinion this is one of the best positions within the wells fargo retail bank.

      Cons

      Management feels like the best way to get the most out of their employees is to give them unrealistic goals in hopes that when their sales staff fall short the numbers will then meet the actual sales quotas. Also, any position in the retail bank is hardcore sales. What makes it most difficult is that there are daily sales quotas. So when you have a great sales day, it is immediately forgotten the following day.

      1.0
      May 6, 2010

      Good if you've already moved up the ladder and gotten a solid salary at another bank. Just don't expect that here.

      Assistant vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      * WFC is a large enterprise, so there's plenty of opportunity to move laterally, and due to the business unit orientation of the company, different units tend to have quite different cultures * To the extent that any money center bank will do, it really helps to get a view of finance from the perspective of a large bank.

      Cons

      * Management is extremely hierarchial and possesses very poor communication skills. I never talked to anyone two levels up the org chart and was explicitly forbidden to speak three levels up (by the guy two levels up), even though there offices were adjacent to mine. Most communication with either was also by email (no phone-calling). * Wells Fargo's comp model is broken and allows for very little variable comp. Internal promotions are hard to come by. If you're an average worker and okay with that, go for it. When arguing for an increase in my comp, I was told that the best way would be to first get a job offer from another firm, then use that to argue for a matching offer. That wasn't intended to be insulting, but rather because it's the only way managers would have ammo to argue for any extraordinary increase. (I did, by the way, get some external offers, although I just accepted one instead of fighting for salary at WFC.) * Given the lack of rewards and few opportunities to truly showcase your work to management, some units have a weird, dysfunctional, backstab-y culture.

      Viewing 53803 - 53805 of 54,465 Reviews
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      Glassdoor has 58,572 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.