Wells Fargo reviews

3.5

58% would recommend to a friend

(54,324 total reviews)
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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 54,324 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 23, 2010
Recommend
CEO approval
Business Outlook

Pros

My hrs are 6p to 230a, so with the shift differential I earn a little over $13 an hour which isnt bad in this area. They also offer full benefits.

Cons

My training class was told that we would have the ability to move our shift around once we were trained, that was incorrect. A lot of people had to quit to accomodate the shift change they planned around. WF does not accept doctors notes...I was hospitalized with a virus 2 days and was written up upon my return. This is important for people with families to know. Although I was hired as a customer service rep, I feel that the sales aspect of the job is absolutely ridiculous. Goals are unrealistic, and you will be written up or lose your job if you do not keep up with the goals. I was never told that the sales goals would be so excessive, we are asked to ask every single person we speak to for a referral and it irritates the customers as well as the employees. Everyday we show up to work, we worry if that is the day we do something incorrect and may lose our jobs...its stressful and not a good way to work. Out of the original 20 hired with me, the team now has 7 people because people have moved on or simply quit. Their way of rating the employees and QA of phone calls is unfair at times, even my manager has had to speak up for myself and team members on several occasions. Because of working the evening shift, upper mgmt is never around, and major situations take days to solve because they do not hang around past 5pm. This causes a disconnect as we dont feel they hear our concerns. Wachovia has been #1 in customer service for years, but I truly fear they will lose that rating as the merger completes.

1.0
Aug 10, 2010
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is a nationwide company which provides the opportunity to transfer if you need to. There are also a lot of positions available in different fields if you don't like your current role.

Cons

Wells Fargo does not value the relatiosnhip of a customer. They want the registered, senior bankers to focus on free checking accounts, debit cards and savings accounts. There is no difference in compensation for the level of money you bring to the bank (i.e. $100 pays the same as $1mm). Wells no longer values experience or ability, they only want a body in every office to sell products, not relationships. Wachovia had a great model and the customers loved it. Unfortunately, Wells will not approve many credit applications nor do they pay competitive interest rates. There are no benefits to offer the customers anymore. With no products or loans to offer, poor focus during the merger and low wages, Wells Fargo is just not a place to advance your banking career.

3.0
Jul 5, 2010
Recommend
CEO approval
Business Outlook

Pros

The pay at Wells Fargo was good for the area and it was within the limits of the competition. The benefits were very good. The tools available are very up to date, and the flexibility in my schedule was nice.

Cons

Management had a warped sense of right and wrong. Situational ethics ran rampant. If you didn't agree with every word of management you were an outcast. If you weren't selling to every customer they thought you were not doing your job. Some policies were pointless and overlooked. Being an honest banker is very hard to do and I saw many times when dishonest bankers were rewarded time and again for opening accounts they shouldn't have, opening credit cards and lines of credit for people without their knowledge or consent and they were the ones getting the awards and recognition at parties.

Viewing 139 - 141 of 54,324 Reviews

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