Wells Fargo reviews

3.5

58% would recommend to a friend

(54,303 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 54,303 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
2.0
Oct 30, 2023

Dead place to work

Recommend
CEO approval
Business Outlook

Pros

Work-Life balance - One can become useless working at Wells Fargo India. You will get regular salary hikes and if you are ready to be a stooge to the manager, you will get promotions too but at the end you will die a slow death professionally and morally.

Cons

Wells Fargo India has become a dead place to work. Right from managers to senior technical staff most are in survival mode, they have no interest in Technology, just save the Job and earn salary. I have seen many ugly trends developing at wellsfargo - Ideas purposefully sidelined to slowdown automation, Caste bias, over importance to Gender parity etc. Another worst change that happened is, wellsfargo stopped being wells Fargo but a copy cat of JPMC, If JPMC does it, Wells Fargo Technology too will do it, doesn't matter if it's required or suitable. No transparency, No Accountability at Manager level, HR is invisible across the organisation. Senior management setup townhalls and meetings just to make their presence felt with useless and boring presentations. I can list many...but waste of my time. Basic ettiquete not followed at work place, a noisy work place where any work that requires focus is impossible to do. Most of the noisy discussions are not about work or Technology.

1.0
Sep 19, 2023
Recommend
CEO approval
Business Outlook

Pros

Great training and peers. I started with very little knowledge in banking and i could never imagine the knowledge or carrier growth ive had. Lots of opportunity to learn and grow pre 2020. Customers are amazing. My managers have always treated me well and supported my carrier development.

Cons

In the last three years the company's heart has been ripped out and so has mine! I worked for Wells Fargo for 20 years. Ive watched almost every great leader i've worked with lose their jobs. Before i was also packaged out it was hard to watch customer first values go out the door. New high level leaders say they care but their actions do not show it. They reflect trading long time employees for tax write offs. There are barley anyone workers left in branches to properly service clients. Not sure if being a hard worker or a top performer is valued any longer. Atleast not at Wells Fargo. It may be for the best because it you live in California growth opportunities are limited due to all positions in my department need to be in centralized hubs. Last soap box many tech issues.

1.0
Aug 31, 2023

Run for the hills

Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is like that one toxic relationship that finally makes you realize your potential and you can do so much better, honey.

Cons

You are on the bottom of a toxic chain of micromanagement. You are not there to help customers. You are there to convince customers to sit down with bankers so they can bring in more money. Due to the scandal, Wells Fargo is very strict about the verbiage used to accomplish this. You will be coached on every interaction with every customer and have daily one on one meetings with your supervisor about why you are not meeting expectations. The branches are audited more often than necessary and you will be constantly quizzed about policies and procedures. Wells Fargo hires "behavior influencers" (yes that is a real job that people get paid six figure incomes for) who come into the branches to police bankers and tellers alike. Unrealistic expectations up the wazoo, results are expected within a week. Exempt employees are being told they are not entitled to a lunch (not true). Aside from referring customers to bankers, what they want most from you as a teller is to divert customers to the ATM or the app. Some banks are already going teller-less. This trend will spread until human tellers are a thing of the past.

Viewing 52 - 54 of 54,303 Reviews

Glassdoor has 58,394 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.