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
1.0
Aug 11, 2020

Pathetic

Recommend
CEO approval
Business Outlook

Pros

Good pay comparatively compared to others

Cons

1. No strategy. Everything is adhoc. New management came in 2 years back and came convinced that all that has happened so far is nonsense. No sense of evaluation of good and bad 2. Absolute lack of communication from the top. The Townhalls conducted were a joke. No transparency 3. In the Townhalls, they mention that going forward all the recruitments will only happen from top companies like Amazon and Flipkart. But, all the managers that they recruited are their own friends from earlier organizations. 4. Everybody is scared of the technology head. nobody at even senior levels wants to dissent. 5. so many more

3.0
Jun 3, 2020
Recommend
CEO approval
Business Outlook

Pros

- My immediate team is great. Some typical dysfunction, but for the most part, 5 stars for my team. - Work/life balance is excellent - laptops are closed by 5pm at the latest (only rarely are there extraordinary needs that require after hours work) - Incredibly diverse team, lots of women in leadership roles (at our level, anyway, not so much 'upstairs')

Cons

- Upper management is still resistant to approving full-time Work From Home, even with Covid-19 and a CEO who is remote from NY. Some folks are not being approved for FT WFH, even for jobs that have been done remotely for years now. - Conflict-avoidant culture... As reported in the press, serious problems and bad behavior still not directly addressed and allowed to go on for too long. - Old, institutionalized, dinosaur mentality (mostly 'upstairs') and fear of change. Lots of old white guys in charge, so... yeah. - Under-performers and folks who just won't do their jobs can easily hide, the org is so large. And because conflict avoidant, these problem folks are never dealt with. - Salaries are below market for design jobs. Raises don't keep up with inflation. - The process to get any little thing done is arduous and time intensive. There are so many groups and systems involved, it's redonkulous.

1.0
Aug 20, 2019
Recommend
CEO approval
Business Outlook

Pros

Once upon a time it was a good company

Cons

They'll hire web developers after one year, u tell them you're outdated, you're not good at machine learning, big data and screw them up, insult them like slaves. No proper promotion policies. Ever changing polices on hikes, promotions. All the real benefits are being stripped off. Clueless managers who don't know anything about what's happening on top level.. Already dissolved few Lobs and layed off many managers! Introducing silly things like dress code relaxation and project it as employee benefit 😂. College kids also won't join you for this stuff.. Technology Managers with very poor understanding on modern programming and delivery models most of them coded decade back. Technology managers are the sin of this company!!!

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