Wells Fargo reviews

3.5

57% would recommend to a friend

(54,467 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 54,467 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
Apr 29, 2009
Recommend
CEO approval
Business Outlook

Pros

Being a large company, there are many opportunities to explore new positions and advance through your career. Not only in the same location, but also across the country if you need to re-locate. The company also offers personal growth positions, to allow employees to "explore" other positions in order to develop skills and identify what areas someone might want to go into. The benefits are very good and the company product offerings are given at a discount which is nice as well. The company had a very good program for offering and recognizing diversity thoughout the company. So overall, it's a good place to work and develop your career.

Cons

The company works like lots of small companies, employee experience can vary greatly from one group to another. The organization is siloed and there is not a lot of cross organizational sharing. The maturity level of departments varies depending on where you are, so if you come in as a new employee and think it's not a good place to work, look around at other departments and you'll find a completely different experience. The company had started a program office to standardize materials throughout the organization, it's a good first step and with all the upcoming reorganizations it will offer some more opportunities to bring the various groups together.

4.0
Apr 22, 2009
Recommend
CEO approval
Business Outlook

Pros

WF offers pleasant work environment, decent benefits package, tuition reimbursement, and advancement opportunities as long as you meet their sales goals. they match 6 percent of your 401K contributions, which is kinda nice, but you'll be able to take their contribution with you (if you decide to leave) only after 5 years with them, which kinda sucks. it seems to be a stable company, so you'd have some kind of work security. i have no heard about anybody being laid off.

Cons

sales, sales, sales! seems to be the main concern. of course, they mention customer service and all that, but sales dominate. the commissions seem to be a little low, given the emphasis on sales. and there is little check on sales quality. a lot of customers get screwed with accounts and services that they dont need (but give profit to the bankers)

2.0
Apr 22, 2009
Recommend
CEO approval
Business Outlook

Pros

Strong company, Compensation is decent. Recent merger with wachovia should make it easier to advance as well as create a nationwide footprint.

Cons

Almost insane sales quotas, always increasing. Middle management mediocre. Management will find a way to get rid of you unless your sales numbers are good. Then you can do whatever you please.

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Glassdoor has 58,574 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.