Wells Fargo reviews

3.5

57% would recommend to a friend

(54,387 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 54,387 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
Apr 14, 2009
Recommend
CEO approval
Business Outlook

Pros

Name brand recognition. Looks great on the resume. If you are a salaried employee...you get a ton of vacation time...though you'd probably take a fraction of it.

Cons

Cutthroat competitive at times, the ones that ultimatly succeed are the ones who's moral compass doesn't point in the correct direction, worked there 2 years and didn't get a performance review, very sales centric environment...but company is so conservative that you have divergent interests (book loans, but decline everything in sight?), when you tell people you work here...not many have a really positive impression of this place.

4.0
Apr 14, 2009
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is a company that has absolutely shown it's strengths during the current economic downturn. Issues that might have been considered downsides only a year ago are now looked at as a positive trait. One such trait is the slow delibrate hiring process. In the past this was a source of frustration, now I see that because of this we were not significantly overstaffed when the downturn hit. We have had to make very few adjustments in staffing overall and Wells Fargo even instituted a early hiring freeze in order to make way for the inevitable overlap with Wachovia. Overall this is a positive place to work if you keep in mind the restrictions that large companies operate within.

Cons

The focus on the Wells Fargo brand as perceived by corporate is a bit tough sometimes. A brand that was more current would be much appreciated by many. Because their are so many business lines (84 seperate products/services in Commercial Banking alone) it can be hard to grasp the pure volume of data within the company. A better knowledge management solution would be a good start. Additionally, because there is such internal opportunity for growth we have quite a few layers of upper management that do not have direct experience in the areas of business they manage. bringing in outside expertise would not be a horrible idea in some areas.

4.0
Apr 7, 2009
Recommend
CEO approval
Business Outlook

Pros

It is a very well-run, well-respected, and stable financial institution with lots of very smart people. Since there are many lines of business, there are always opportunities to try different business lines or functional areas.

Cons

The hours can be pretty long depending on the department that you are in. Also, the culture can vary quite a bit from department to department - some are very conservative.

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