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?

58% 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 (2896) , Personal Banker (2422) , Bank Teller (2327) , Senior Software Engineer (867) , Software Engineer (812) , Lead Teller (797) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (471) , Analyst (453) , Service Manager (447) , Vice President (402) , Home Mortgage Consultant (353) , Personal Banker I (SAFE) (304)

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

"The benefits are great and there is plenty of positions available to move anywhere you want to go." ((in 6446 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3266 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3194 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2221 reviews)); "Conservative credit culture is great because the bank tends to shy away from risky products." ((in 1399 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 2606 reviews)); "I had very good and very bad managers while I worked there." ((in 1373 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 539 reviews)); "Long hours and very intense" ((in 476 reviews)); "Your just a number and lots of layoffs" ((in 462 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

58% would recommend to a friend

(54,379 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 54,379 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

5.0

Jan 27, 2009

Great place to work!

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

They hire smart, respectful, responsible people. Managers are very approachable and willing to share information. They are very flexible with work/life balance issues and the benefits are outstanding. There is room for mobility, both in terms of promotions and lateral moves to cross-train. Employee morale at Wells is substantially better than many other companies. There is (or was for me) flexibility to telecommute as needed; as long as the work is done, everyone is happy.

Cons

Pay is on the low side of average. Parking in San Francisco costs a lot of money and isn't subsidized as it is with my current company.

4.0

Jan 27, 2009

Good work-life balance with opportunity for growth.

Sales manager

Recommend

CEO approval

Business Outlook

Pros

Flexibility, opportunity for advancement, strength in a poor global economy. A company that stands its ground and knows how to gain market share without compromising the business practices it has set forth for its shareholders, customers, and employees.

Cons

Lack of communication from middle and senior management when change that affects everyone is coming. Senior management not as forward thinking and prepared for change as they could be. Make a decision and then stick to it for at least one quarter. By not giving team members time to introduce clients to change before everything changes again, there was a loss of confidence even among the most loyal team members.

1.0

Jan 27, 2009

This company has one of the highest turnover rates in Canada, period.

Credit manager

Recommend

CEO approval

Business Outlook

Pros

You can get paid to do nothing.

Cons

How much space do I have for this? Getting promoted is a joke. You're lucky if you get a 2% raise at promotion; there are NO yearly raises what so ever. Bonus structure is laughable. Sure there is an "opportunity" to make more money, but it requires an emmence amount of effort for a pathetic return. 99% of Credit Managers don't make bonus, those who do its rare for it to be over a few hundred dollars.

Viewing 54109 - 54111 of 54,379 Reviews

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