Wells Fargo reviews

3.5

57% would recommend to a friend

(54,452 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 54,452 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
Mar 24, 2010
Recommend
CEO approval
Business Outlook

Pros

They have a great 401 k match, 100%! Wells also offers a secondary pension plan, but you have to be there 5 years to vest. Wells offers a very comprehensive product line, so you can sell or refer for almost any financial need

Cons

It seemed that promotion and incentive were mostly based on favoritism and branch. If you were placed in a good branch and made a good impression, you were going to qualify for a lot of incentives and a chance to move up. If you were placed in a branch in a poor sales neighborhood, you had to work twice as hard to get anything. Secondly, sometimes finding the person to refer to or to ask a question of was almost impossible.

4.0
Mar 24, 2010
Recommend
CEO approval
Business Outlook

Pros

Great place to work! Loved the competitive atmosphere involving quaterly sales goals. While the gaols were difficult to reach, the environment was fast paced and exciting. Wells Fargo does a great job training its tellers in both sales and customer service.

Cons

The banking industry is very competitive. In a retail branch the opportunity for upward mobility is difficult once you become a personal banker. Often Bankers are making the same salary for 5-10 years.

2.0
Mar 23, 2010
Recommend
CEO approval
Business Outlook

Pros

Great Volunteer and Networking Opportunities They love to promote from within Some managers/branches really are a place for learning and growth

Cons

Unrealistic sales requirements that are constantly changing . Find yourself in a situation of he said/she said? Better get your numbers up, the person with the highest sales is always right.

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Glassdoor has 58,559 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.