Does Wells Fargo pay their employees well?

According to anonymously submitted Glassdoor reviews, Wells Fargo employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Wells Fargo. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Wells Fargo?

57% of Wells Fargo employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Wells Fargo 3.5 out of 5 for work life balance, 3.3 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Wells Fargo?

Teller (2897) , Personal Banker (2422) , Bank Teller (2330) , Senior Software Engineer (871) , Software Engineer (813) , Lead Teller (798) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (472) , Analyst (454) , Service Manager (449) , Vice President (403) , Home Mortgage Consultant (353) , Personal Banker I (SAFE) (304)

What are the pros of working at Wells Fargo according to real employee reviews?

"They provide great benefits and help if you still want to continue school for another career." ((in 6421 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3288 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3200 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2183 reviews)); "The culture is great very collaborative with people who are eager to help when they’re needed." ((in 1422 reviews))

What are the cons of working at Wells Fargo according to real employee reviews?

"Poor management; each branch operates very differently depending on the branch manager (no consistency)" ((in 2635 reviews)); "Good managers have sound judgement and make good business decisions when dealing with customers on a day to day basis." ((in 1373 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 532 reviews)); "Long hours and long nights" ((in 488 reviews)); "Frequent layoffs in the mortgage department" ((in 455 reviews))

What are employees saying about Wells Fargo layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Wells Fargo layoffs and their outlook for job security at Wells Fargo in 2026.

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Wells Fargo

Wells Fargo reviews

3.5

57% would recommend to a friend

(54,430 total reviews)

Charlie Scharf

62% approve of CEO

55% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.7

Compensation and benefits

3.5

Work/Life balance

3.3

Culture & values

3.3

Career opportunities

2.9

Senior management

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,430 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

54K reviews

4.0

Apr 2, 2014

Nice Work/Life balance

Consumer loan underwriter ii

Recommend

CEO approval

Business Outlook

Pros

Great Managers Great team Members Nice work/life balance Flexible schedule Ability to Influence decisions

Cons

Low wages Socialized Bonus Structure Slow to improve process

4.0

Apr 1, 2014

I've thoroughly enjoyed working there as I've met alot of great people and I've been able to build my skill set.

Customer service and sales representative

Recommend

CEO approval

Business Outlook

Pros

There's no shortage of great people that I've met whilst working there. Eventhough I've gotten promoted to another store, I'm still in contact with most of my co-workers who I worked with at my previous location. Depending on your store's location, the potential exists to make good extra money through their compensation plan; higher volume stores will be goal mines for business. Altogether, I think their banking system is incredibly advanced so it makes the work of the retail banking staff much easier.

Cons

Overall, the company itself has many great things to offer as they are a full service financial institution. However, as they are so new to the NY market there are definite challenges as far as sales are concerned because they're competing with so many other banks that already dominate the marketplace. Also, with some of the recent changes to the compensation plan, getting compensated has a number of technicalities and it can sometimes be challenging to understand the complexities of the plan.

5.0

Apr 1, 2014

Migration Specialist

Migration specialist

Recommend

CEO approval

Business Outlook

Pros

Very large company and hopefully will have the opportunity to transfer to a management position, which is what I have been doing for over 25 years. I have 5 years experience as Project Manager and team lead in the Wholesale department as a team lead in the Migration Department.

Cons

It is hard to work with the current team leads who do not understand migrations and do not know about the Wells Fargo products and services. The team leads do not assist the migration specialists in working with their customers or give ideas on how they can improve their numbers.

Viewing 54061 - 54063 of 54,430 Reviews

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