Wells Fargo reviews

3.5

58% would recommend to a friend

(54,296 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 54,296 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
5.0
Mar 2, 2009
Recommend
CEO approval
Business Outlook

Pros

stability in uncertain times. Good pay compared to competitiors. Decent bonus structure. Not for entitled crybabies. Has a good structure for moving up or moving locations if you want to. If you truly want to be promoted more quickly then you need to be willing to move. You always know where you stand with management and the company culture is great. Once you catch on, not stressful at all.

Cons

frequent change. Must embrace change. Don't count on lots of huge commission checks. But you can get decent consistent ones if you're a top performer. Interviews make the commission out to be a little better than what is realistic and common (as interviews are wont to do)

4.0
Jan 31, 2009
Recommend
CEO approval
Business Outlook

Pros

They are well-managed. They were not involved in any of the excessive debt and equity securities that caused the financial meltdown in 2008. Although during the mortgage boom time, every firm made huge fortune in mortgage backed securities and CDOs, Wells Fargo stayed away from those securities.

Cons

At the end, it's corporate America. With over 300,000 employees after Wachovia acquisition, really you're just a number in the company. Also, on retail banking side, some of the bankers are really not that knowledgeable. They don't know the basic financial terms and all they do is pushing products. They should be more selective with their employees.

5.0
Nov 18, 2008
Recommend
CEO approval
Business Outlook

Pros

Overall, Wells Fargo was a great place to work. Excellent management team, open communications, and good work/life balance. Senior management was approachable and open to new ideas and suggestions.

Cons

As with any large company, politics can be strong in certain dvisions within the company.

Viewing 54277 - 54279 of 54,296 Reviews

Glassdoor has 58,385 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.