Wells Fargo reviews

3.5

57% would recommend to a friend

(54,463 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 54,463 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
Apr 29, 2010
Recommend
CEO approval
Business Outlook

Pros

The benefit package is solid. The people you work with are fun to be around. Solid sales experience, if you can sell WFF products you can sell anything.

Cons

Horrible management. You will constantly be lied about changes and managers will talk out of both side of their mouth on a regular basis.

1.0
Apr 29, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits are good including 401k, health, dental, and vision. Base pay plus bonuses. 40 hours a week. decent amount of time off.

Cons

Goals are simply unrealistic and you may not see a cent of bonuses for a long time. Your primary job is being a telephone solicitor.

2.0
Apr 29, 2010
Recommend
CEO approval
Business Outlook

Pros

WF's securities trading unit is a pretty relaxed and friendly environment. Everyone is really nice and the floor doesn't have any of the east coast uptight attitude. You can definitely learn a lot if you take the time to pursue the information. Even though the company is pretty big, each division is very close-knit so you get to interact and communicate with a lot of people. There are a lot of volunteering opportunities as well for employees to take advantage of.

Cons

Salary at WF is a joke. If you're moving up WF internally, your salary will never be as high as the other banks. We're talking base pay of roughly 50%-75% of the other BB banks out there. Bonus payouts are also pretty much non-existent. They always have restrictions for salary increases, so the best bet is to already have a pretty high salary from another company, and then enter the WF workforce. Also, upward movement here is pretty slow too. They do a lot of sideways moving, but it's hard to move up unless you schmooze (a lot) with the right people.

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