Wells Fargo reviews

3.5

57% would recommend to a friend

(54,447 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 54,447 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
Mar 9, 2010
Recommend
CEO approval
Business Outlook

Pros

wells fargo is a great place to work during college or to gain some relevant experience... great platform for starting a career in the financial services industry

Cons

incompetent management... favoritism. and a sales driven culture might ruin your perspective of working at wells fargo, however that is just a retail side, im sure it gets uglier as you progress into other corporate environments

3.0
Mar 8, 2010
Recommend
CEO approval
Business Outlook

Pros

good benefit package (but not sure about the new hires after the financial crisis as some of it was already getting cut mid-2008), getting exposure at different function areas/departments after a year or so is generally encouraged at the company level (but it really depends on your immediate manager), employee recognition program that allows acknowledgement even among peers (showing your fellow colleagues some appreciation when being assisted),

Cons

lower management lacks of professionalism & mgmt skills; a well-developed internal training system couldn't get fully utilized because staff development is at the bottom of managers' priority list; politics & bureaucracies rull

4.0
Mar 8, 2010
Recommend
CEO approval
Business Outlook

Pros

advancement is quick. although they say you have to commit to 1 year in your title, depending on your manager, you can get promoted in less than a year. to be eligible for your quarterly bonus, it's not hard to meet (if you're teller, lead teller, or service manager). as an employee for 3 years, i always received some incentive every quarter. systems are user-friendly. PTO requests are easily granted if you give an advance notice to management. you go through extensive training for ANY position (yes, there are training centers).

Cons

don't expect to much when it comes to getting your annual raise. it's pennies. this company is all politics. life at wells fargo is easier if you "know somebody." strict management. you'll get a write-up for almost anything - attendance, out-of-balancing, losses, etc. just be careful to avoid all that. since 2006, wells fargo has changed their saturday hours from 9AM-4PM to 9AM-6PM. say goodbye to your weekend of freedom. hiring process has changed. interviews are not done at the actual banking center that you want to work for, it's held at the corporate office along with 10-12 other candidates wanting the same position as you conducted by the recruiter. management doesn't even get to interview "the new hire."

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Glassdoor has 58,554 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.