Wells Fargo reviews

3.5

58% would recommend to a friend

(54,350 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 54,350 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
4.0
Oct 25, 2008
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo has fantastic benefits, with a great 401(k), numerous medical plans, a lot of vacation time, good banking benefits, friendly work environment. All of the time off is lumped into Paid Time Off instead of having separate sick days and vacation days. Well managed company, overall.

Cons

Wells Fargo has the same downsides of working for any large corporation. Sometimes you get lost in a numbers game. Individuals don't often have much feedback. Management is highly paid, while "regular" workers are sometimes underpaid and under-appreciated. Again, I believe these are issues that every big company has, though, so I don't solely blame Wells Fargo for this.

4.0
Oct 22, 2008
Recommend
CEO approval
Business Outlook

Pros

The company has a great reputation in the community and a very sustainable way to conduct business. Hierarchies are flat, and for the most part people are smart and very eager to share experiences and work as a team. Great sense of community. Benefits are competitive to generous, work-life balance is not just lip service but taken seriously.

Cons

The pay ain't great - the company has a policy to keep pay as low as possible, not many chances for advancement and change. Large bureaucracy. Edison NJ location has been rumoured to be closing for many years now, just be aware.

2.0
Oct 21, 2008
Recommend
CEO approval
Business Outlook

Pros

As many people have said previously, you can definitely start off in an entry-level job, like a Bank Teller position and work your way up to management fairly quickly. The company does have good benefits and offers a competitive 401k plan. Having Wells Fargo on your resume looks good because its a well respected Financial Institution, and everyone in the Banking/ Financial world knows that they work you hard. You'll gain a lot of work experience.

Cons

Where do I begin?? I have work for this company for 11 years. I started off as a Teller, was a Personal Banker, worked in the Phone Bank, Internet services department, and also worked as an Administrative Assistant and Loan Servicing Specialist. I've transfered around numerous departments within my career at Wells. All I can say is that working in the Branch is COMPLETELY different from the corporate side of the Bank. In the Corporate side --or any department AWAY from Retail , there is a larger budget spent on the Team-Members. Overall they are treated nicer and your opinion and imput seems to count more for some reason. In addition, there is more emphasis on quality training for better job performance. The atmosphere is less tense, not working in Retail. You end up working without all the sales goals and the Irate and Crabby Customers that storm the Branch regularely. You can rest peacefully instead of being stressed to peddle Check Card Rewards and other products that people don't need. In the Branch you are pressured to get the sale no matter what---whether that means just ordering and sending out Gold ATM Debit Cards to customers that didn't even request them. The sales tactics are vicious and you're only as good as your Last sale.

Viewing 54136 - 54138 of 54,350 Reviews

Glassdoor has 58,445 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.