Wells Fargo reviews

3.5

57% would recommend to a friend

(54,418 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 54,418 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
Oct 12, 2009
Recommend
CEO approval
Business Outlook

Pros

decent salary for work done. Cultural Diversity in the work place is fairly good. management recogintion fair for work performance

Cons

wish there were more opportunity for advancement in dept and flexabilty in work shedule hours. the overtime is not aways available

5.0
Oct 10, 2009
Recommend
CEO approval
Business Outlook

Pros

The biggest Pro in my book: I love love love Wells Fargo. That being said I have had times where I have been extreemly unhappy while working for them. Wells Fargo is a Huge company. When managers follow the mission statement and values of the bank, all of their employee's really enjoy working at Wells. For the most part Senior managment follow the values of the bank to the T. But there are over a quarter million employee's so there are bound to be a few bad apples. The Pro is, if you findyourself unhappy you can always transfer someonewhere else and you will find that the management is different, the culture is different, the sales pressure is different. I've worked for Wells Fargo in 3 states which were in 3 different regions. The banking was the same in each one, The culture was totally different. 3rd time's the charm, I've found the perfect fit for me. Benifits: -6% matching in 401k. That beats the industry average of 3%. I haven't found a bank that comes close. -Health/Dental/other benifits: On par with the best of banks out there. -Industry high of at least 4 weeks paid vacation 5 weeks for managment Technology: -Some of the most upgraded/high tech/user friendly/paperless processes in the industry. Documents are not kept in old file cabinets, they are scaned and stored online. Account opening is not done on paper like at US BANK, it is done on the computer with a digital signiture pad. This is all important because it makes your job easier. Pay: It is right on par with the industry. Look at other Banks on this website, the pay is about the same anywhere you go. Advancment: If you are willing to relocate you can move up almost as fast as you want. Wells fargo on the retail banking side almost exclusivly hires from within.

Cons

Advancement: if you are not willing to move, you have to get in line and wait. From what I've seen, the more urban a market the longer you have to wait. Pay: Bonus's are based on completing your sales plan. If you are in the wronge store at the wrong time you won't get a good pay out. -annual raises are 3-5% Sales pressure: Sales pressure varries by state and market. If you work in Vegas or California the pressure is imense. Iowa or Alaska and its nothing. Utah, Colorado, idaho middle of the road pressure.

1.0
Oct 8, 2009
Recommend
CEO approval
Business Outlook

Pros

Got to use the newest technology (e.g. piloting MS Office 2007 sooner than many places). IT projects were almost necessarily large-scale, because of the number of employees.

Cons

Unethical behavior and bullying was tolerated. I personally had a good manager who kept his committments, but others in the department weren't so lucky. Several affairs going on, some of which were a conflict of interest. Zero opportunity for advancement, improvement, or recognition of a job well done or skills developed. Of all the places I've worked, Wells Fargo had the worst interdepartmental cooperation, and fewest mechanisms for sharing data, information, and best practices.

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