Wells Fargo reviews

3.5

57% would recommend to a friend

(54,443 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 54,443 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
Feb 20, 2010
Recommend
CEO approval
Business Outlook

Pros

Benefits are good, PTO is really nice, stores are usually furnished nicely and kept clean, has a positive reputation in the industry. Upward mobility is achievable

Cons

Moving up can be a struggle, sometimes I question how managers got into their positions, pressure to sell can be overwhelming, compensation is mediocre for the amount of responsibility the job has. Personal Bankers are really the face of the company to most of its customers; when they have a problem we are who they see and who they expect to give them everything they ask for. It really is two jobs in one: customer service and sales. I think the pay should be higher for having so much to do. The bonuses are kind of a joke too, if you get silver in everything your bonus is only around $2000 per quarter, and almost half gets taken out for taxes. Since the Wachovia merger the company seems to have gotten more focused on meeting the bottom line than meeting our customer's expectations of their financial instutution.

4.0
Feb 19, 2010
Recommend
CEO approval
Business Outlook

Pros

I have received some of the best training in the industry at Wells Fargo. Initially you will only receive product and system training, but if you show promise and given extra training you may have the opportunity to receive training from some very experienced and helpful trainers.

Cons

Be prepared for being underpayed and underappreciated. Each year your sales goals will increase while your bonuses decrease. If you want a fairly realistic (albeit hilarious) example of the pressure one sees check out the "morning huddle" videos on youtube. The sales pressure is extremely high with little support from upper management. The upper management has either not worked at this level ever, or in a very long time. Also, I hope you enjoy being micromanaged because that seems to be the only way that upper management works.

3.0
Feb 19, 2010

Was good for a while..

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

As long as you work, you can make good money. Top performers can make $100k plus. Most leads are inbound. This is a phone based sales job.

Cons

Complacency. No room for advancement. Experience gained on phone is not valued by any other firms,

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Glassdoor has 58,549 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.