Wells Fargo reviews

3.5

57% would recommend to a friend

(54,471 total reviews)
avatar

Charlie Scharf

61% approve of CEO

55% positive business outlook

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
1.0
Aug 11, 2020
Recommend
CEO approval
Business Outlook

Pros

Pay is adequate as is PTO

Cons

The biggest issue is job security- it doesn’t exist at Wells. Every year you will anxiously wait to see if your position or line of business is to be eliminated. Wells Fargo recently hired a new CEO. The new CEO is pandering to the liberal PC crowd by intentionally “letting go” quality leaders to immediately fill those roles with token diversity hires. Wells Fargo has become a politically correct nightmare. If you are a white male- steer clear- they have made it now that you have privilege. In addition, the new CEO has bent the Q2 Earnings to for his narrative, showing higher than actual loss(by booking future projected losses that have yet been realized). This is an effort to support sizable layoffs that will occur q4 2020. Wells will use these layoffs to support a false narrative of their new an improved diversity ratios(which didn’t occur by hiring well suited minorities, rather by firing large amounts of existing non- minority team members)

1.0
Aug 11, 2020

Favoritism

Recommend
CEO approval
Business Outlook

Pros

Good bonuses, if everyone does their part.

Cons

Managers have favorites who move up and keep the ones they don’t like stuck in one position until they break and quit. Knowing they have been the foundation for the location.

Viewing 631 - 633 of 54,471 Reviews

Glassdoor has 58,577 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.