Wells Fargo reviews

The downsides of the company is due to the double edge sword of having a culture of employees who stay with the company for 20+ years. On the one hand, its great to have continuity through the years with employees who have deep customer, enterprise, system, etc knowledge. However, many of the employees who are long tenured also stay in the same group and are adverse to change (hence staying in the same group). Additionally, many of the long tenured employees also end up moving up the ranks because of their tenure and corporate knowledge vs. being the right leader for the group. The combination of long tenured employees and managers staying in the same group leads to areas of the company that are very slow to change, lack innovation, lack leadership, and reward those that don't rock the boat. Thank goodness not all groups within Wells Fargo are this way. There are many great leaders who are long tenured with both deepth and breath -- the ones that have taken on varying roles in different groups vs. the ones who have stayed in the same group they were hired into.

Your colleagues will generally be B players rather than superstars. I suspect they are better than the average worker, but still quite a ways from the very best and brightest in the world. While that means if you are an A player it's easy to outshine the majority of folks, it will not necessarily be easy to move around in new positions if you are really good at the one you have, as people will come to depend on you very heavily in your own department, and others may be intimidated by you. It's a pretty political environment. If you're not good at this, you'll get rolled over. If you are good at, you'll have no problem getting things done and getting ahead.