Wells Fargo reviews

3.5

58% would recommend to a friend

(54,307 total reviews)
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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 54,307 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
Jun 22, 2008
Recommend
CEO approval
Business Outlook

Pros

Perks, 5 week vacations (25 work days, includes some holidays), financial compensation. I enjoyed my stay at Wells Fargo, which was all of 4 years. I enjoyed working with my teammates and it was fun at first, but then it dragged on.

Cons

Politics, boring work, older employees aren't too exciting... ;) Our VP was not very competent although he had other VPs to compensate for his weaknesses.

5.0
Jun 22, 2008
Recommend
CEO approval
Business Outlook

Pros

An employee’s experience at Wells Fargo depends a lot upon his or her manager. I think my manager is one of the best managers I have ever had in my 25-plus year working career (only a few of those years at WF.) I think WF is a great place for work-life balance. I am sometimes annoyed that I can’t reach a colleague after 5pm, but I have to respect the fact that they have lives and WF makes that easy to do. Lastly, the benefits are good for a company this size in this day and age. Not Google-good benefits, but pretty good for a large bank.

Cons

Despite the existence of an internal program to break down silos, WF is still a VERY silo’d organization. WF doesn’t really walk the talk when they talk about crossing organizational boundaries to serve the customer better. If they really meant what they said about breaking down silos they would put something in everybody’s MBO’s. However, I don’t know anybody’s MBO’s, other than perhaps that internal program, who include cross-organizational objectives. From some of my friends who work at WF there can be managers who are inconsiderate, hyper, arrogant, part of an “old boys” network. Management doesn’t seem to believe in management by walking around. I’m pretty far down the organization chain and I’ve never met any managers more than three levels above me despite the fact that the project I’m working on is supposed to be of strategic significance to our division.

2.0
Jun 22, 2008
Recommend
CEO approval
Business Outlook

Pros

5 weeks vacation Excellent benefits telecommute when appropriate

Cons

The company has high turnover amongst professional positions Low salaries and management's denial that salaries are not competitive Strong bias against employees for being over 30 in age - the company spends too much time praising the under 30 population. High pressure, high stress. Constantly changing the process - overprocessing topics to death.

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Glassdoor has 58,400 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.