Wells Fargo reviews

3.5

58% would recommend to a friend

(54,316 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 54,316 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 16, 2022

Audit

Recommend
CEO approval
Business Outlook

Pros

Well compensated, bonus, PTO, 401k match

Cons

Audit is always changing templates, systems, methodology, requirements, what you need to get pre cleared etc. The methodology templates and requirements change every audit. Days are long. Expect to be treated like a 5 year old with reminders for everything from timesheets to training way before it is due. Do not get me started on management. People are not valued and most never meet their manager. You are expected to go in the office even though no one you work with is in your office. Most have not met their manager. Do not expect to network. You do not meet business partners or audit management and unless in a large location you do not meet people on your team. Turnover is so high in audit, it is a revolving door and always short staffed. Contractors try to fill in however the requirements for contractors seem to be a pulse. Also know there is a location strategy that is not well communicated and if you are not in a hub it will be held against you.

2.0
Dec 23, 2021

Overly metrics driven

Recommend
CEO approval
Business Outlook

Pros

The projects are pretty interesting as there's lots of opportunity to build out new things. Pay is competitive and the office is generally nice.

Cons

This organization obsesses over metrics. Senior management makes targets and middle managers push employees or get creative to meet them. Granted this is in the technology organization but, the lack of self awareness about this is terrifying given what the bank got in trouble with regulators for. A lot of extra hours need to be put in to meet things or simply to deal inefficient processes. This bank incentivizes managers on the "diversity" of their workforce. No one should feel like they lost their job, didn't get a job, or even got a job just based on some meaningless identity characteristics instead of their merit. This alone, significantly diminishes my motivation to continue working for or doing business with this bank. It needs to be said here, as it's impossible to raise these concerns from the inside.

1.0
Dec 11, 2021
Recommend
CEO approval
Business Outlook

Pros

Generous vacation/PTO policy, provides assistance with reimbursement of adoption expenses, offers paid parental leave for new children (through birth or adoption).

Cons

Wells Fargo was a great place to work. But under this new senior leadership team, they don’t listen or value their employees. We are no longer ‘team members’ we have been reclassified as ‘employees’. A decision by senior leadership has been made that in the future, people who do not live in or near a hub city, will not be able to advance their career unless they relocate to a hub city. They believe they will have enough diversity and talent to draw from in the hub cities. So, it will be diversity through exclusion. Employees are leaving because their opportunity to advance their career is being taken away. Their commitment to work with the employees to help advance their career means nothing. Actions do speak louder than words. The current hot button issue - we are expected to return to office next month. People who had remote/work from home agreements in place had the agreements rescinded. They are taking the position that in-person collaboration is the way of the future. But the issue (which they are ignoring) is that we don’t physically work with other people on our team. More often than not, people within groups are spread out throughout the country. True diversity. People believe that WF is taking this hard stance to encourage voluntary attrition. What I am sad that senior leadership does not value our opinions or listen to our concerns.

Viewing 103 - 105 of 54,316 Reviews

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