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?

57% 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 (2897) , Personal Banker (2426) , Bank Teller (2330) , Senior Software Engineer (874) , Software Engineer (814) , Lead Teller (798) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (472) , Analyst (454) , Service Manager (449) , Vice President (403) , Home Mortgage Consultant (354) , Personal Banker I (SAFE) (304)

What are the pros of working at Wells Fargo according to real employee reviews?

"Wells Fargo has many great benefits for its employees and is very focused on personal development." ((in 6490 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3278 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3214 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2201 reviews)); "The culture is great very collaborative with people who are eager to help when they’re needed." ((in 1415 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 2607 reviews)); "I had very good and very bad managers while I worked there." ((in 1381 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 531 reviews)); "long hours and very political" ((in 480 reviews)); "Lots of layoffs and on the banking side you are forced to reapply for the job you currently have." ((in 444 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.

Wells Fargo reviews

3.5

57% would recommend to a friend

(54,471 total reviews)

Charlie Scharf

61% approve of CEO

55% positive business outlook

Ratings by demographic groups

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Gender

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Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,471 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

2.0

Mar 5, 2021

Retail Bank is a sinking ship

Premier banker ii

Recommend

CEO approval

Business Outlook

Pros

Opportunity to advance within line of business. Good benefits and time away.

Cons

Retail bank has no real direction and is looked down upon by the entire company. Almost impossible to move out of the retail bank. Role has moved to 70% outbound calls to generate business but you cannot provide any sales or service over the phone so based on getting people to come in to the branch. Very little job security.

3.0

Mar 2, 2021

It was the best of times, it was the worst of times

Fraud and claims ops specialist

Recommend

CEO approval

Business Outlook

Pros

The job has benefits including health, dental, and vision insurance, and a 401(k) matching up to 6%. Stock options are also available. Unlimited overtime available, if you want. The insurance is paid through your paycheck with your choice of coverage. Pay is significantly higher than surrounding businesses in the area for an entry level position.

Cons

The insurance you can get doesn't cover much outside of the basics unless you go over your deductible. Mandatory overtime issued with little regard to life outside company. Policies and processes change weekly/monthly when you just got used to the most recent change. The company and ADCC department continually implement negative policies affecting workers. The programs used by the department are severely outdated with an "if it ain't broke, don't fix it" mentality. System issues are a rampant, daily problem. Feedback and suggestions given to management are largely ignored. Mental health is not taken seriously, with only a helpline number given as a Band-aid if you wish to speak with Wells Fargo approved counselors. Promotions include significantly more work with little compensation to match it.

4.0

Jan 22, 2021

SM2

Service manager

Recommend

CEO approval

Business Outlook

Pros

Great coworkers, wonderful upper management, decent money, and awesome customers.

Cons

Service managers don’t make enough money for all of the stress.

Viewing 613 - 615 of 54,471 Reviews

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Wells Fargo

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Retail Bank is a sinking ship

It was the best of times, it was the worst of times

SM2

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