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 (2895) , Personal Banker (2422) , Bank Teller (2327) , Senior Software Engineer (864) , Software Engineer (811) , Lead Teller (797) , Personal Banker I (768) , Customer Service Representative (602) , 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 6378 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3246 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3227 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2183 reviews)); "Conservative credit culture is great because the bank tends to shy away from risky products." ((in 1397 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 2615 reviews)); "I had very good and very bad managers while I worked there." ((in 1377 reviews)); "recent changes in senior leadership removed appreciation for those that have been there and helped fix prior issues" ((in 536 reviews)); "Long hours and long nights" ((in 480 reviews)); "Lots of layoffs and on the banking side you are forced to reapply for the job you currently have." ((in 460 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

(54,352 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 54,352 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

3.0

Dec 1, 2008

Wells Fargo is a great company but be careful in which divison you apply for work.

Securities analyst

Recommend

CEO approval

Business Outlook

Pros

The benefits are good, and when the economy is good there are lots of little bonuses and parties thrown for employees.

Cons

Currently there is no room for growth. The current economy has completed stopped the growth within the Corporate Trust divison of Wells Fargo. The management has made questionable decisions about it's expectations for future business. When there was rapid growth from 2004-2006 the hiring standards were lowered in order to get people in the company to run the new business. This has allowed for a number of employees of questionable quality.

4.0

Nov 30, 2008

Solid Place to Work Overall

Business training consultant

Recommend

CEO approval

Business Outlook

Pros

The company is large, so there are a lot of career development opportunities. The benefits package is incredible; in shopping around, I have yet to find such a generous retirement plan and I have a choice of 5 different health insurance plans. The amount of paid time off when you hit five years equates to over six weeks fully paid, so that is pretty generous as well (you start with 4 weeks and you are eligible after 30 days). The company itself is stable and has a good reputation for strength in the financial services industry.

Cons

One downside (for me) is that not as much emphasis is placed on educational attainment; it never hurts in securing a promotion, but there are people who obtain positions fairly high up in the hierarchy without a college degree, let alone graduate education. Now that works as an advantage for some, and kind of makes sense since advancement is performance-based. However, some people are placed in positions because of performance, but may not have developed the critical thinking skills or well-roundedness that is often developed via formal education.

5.0

Nov 25, 2008

Great place to develop your career

Business systems consultant

Recommend

CEO approval

Business Outlook

Pros

Great benefits, positive culture; pay is good compared to similar jobs

Cons

Easy to move from entry level to experienced individual contribution (esp if you have a relevant degree), but there's a lot of competition for higher paying advanced jobs

Viewing 54118 - 54120 of 54,352 Reviews

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