Wells Fargo reviews

3.5

57% would recommend to a friend

(54,459 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 54,459 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
3.0
Apr 10, 2010
Recommend
CEO approval
Business Outlook

Pros

Competitive pay, excellent benefits and PTO. Plenty of room for upward and lateral mobility, easy to use systems and plenty of employee support in various aspects of their lives. Co-workers are usually competent and branches are well equipped.

Cons

Completely cut-throat sales mentality pushed from upper management. Sales, sales, and sales and not only sales, but quantity over quality encourages gaming by employees because employees are so tired from the pressure and want to keep their jobs. Unit based approach meaning five debit cards is the equivalent to five 100k, money markets in terms of their unit goals. Incentive does not pay much, only pays quarterly, and requires you meet 3 out of 5 goals to even get paid. Employees are so burned out from daily sales push, that they quit thinking about the clients needs and focus only on maintaining their jobs. You cannot sell THIS aggresively and maintain the best interest of your customers. Not only that, they hire tons of bankers per branch and somehow feel this will bring in more units and sales. Turnover is ridiculous because of the cut throat mentality and that causes service breaks to the banks customers.

4.0
Apr 9, 2010

Wells Fargo

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Benefits are awesome! You start off with 20 days of vacation! Awesome culture. Want their employees to succeed and pride themselves in working in an ethical workplace. They train you very well and will do anything they can to help you succeed in your position.

Cons

Very structured. You need to be careful of certain employees stealing, they could make it out to seem like you did it!!! Never go to a brand new store to help open it, they will get no business and it will be very boring!!

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Glassdoor has 58,566 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.