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

2.0

Nov 18, 2008

Management communication to staff is severely lacking.

Application systems engineer

Recommend

CEO approval

Business Outlook

Pros

Good benefits and "large company stability" (for what that is worth). There is always some chance of being able to move from one department to another to continue a WF career. Some very innovative and rewarding projects, but hard to know if you will be able to stay on such a project. Co-workers tend to be upbeat and helpful within each department. Educational opportunities are plentiful if you fight for them. If you align yourself well with your immediate manager and his/her manager, then you are most likely to succeed. You must ask for feedback and act on it, even if it goes against your personal beliefs.

Cons

Very poor communication from all layers of upper management. All management communication is upward facing (i.e., managers suck up to their superiors and look down upon their staff).

2.0

Nov 12, 2008

Retail Banking has Gone Downhill

Registered personal banker

Recommend

CEO approval

Business Outlook

Pros

The company is stable and they offer a benefits package. In the current financial crisis employment at Wells Fargo is pretty secure, however there are rumors of lay off's comming, as we merge with Wachovia.

Cons

In order to progress in your carreer in retail banking you have be willing to throw out your morals, pride and common sense and be prepared to do a lot of ass kissing. Retail managment does not care at all about sales emplyees, their only goal is to squeeze as much out of you as they can. As a banker be prepared to be assigned redundant and inefficient tasks which will only hinder you from achieving overinflated and unrealistic sales goals.

1.0

Nov 11, 2008

If you don't like yourself, work here.

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

If you want to have a job.

Cons

Employees are like cattle. Hugely sales oriented and lacking in trust, values and ethics. Managers are consistently lying to team members to drive sales. Customers are not valued for their business. Culture has an overall lack of reality. I was a top sales performer and did it ethically-- however management frequently encouraged me to be unethical. Managers are not held accountable-- working at most 30 hours a week. I every branch I worked in almost EVERYONE was extremely dissatisfied and turnover each year was extremely high. HR is worthless. Overall terrible experience and would never do it again.

Viewing 54127 - 54129 of 54,352 Reviews

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