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
Oct 8, 2009
Recommend
CEO approval
Business Outlook

Pros

Got to use the newest technology (e.g. piloting MS Office 2007 sooner than many places). IT projects were almost necessarily large-scale, because of the number of employees.

Cons

Unethical behavior and bullying was tolerated. I personally had a good manager who kept his committments, but others in the department weren't so lucky. Several affairs going on, some of which were a conflict of interest. Zero opportunity for advancement, improvement, or recognition of a job well done or skills developed. Of all the places I've worked, Wells Fargo had the worst interdepartmental cooperation, and fewest mechanisms for sharing data, information, and best practices.

1.0
Feb 23, 2009
Recommend
CEO approval
Business Outlook

Pros

The pay at Wells Fargo Financial is adequate. You have a base salary and it is divided into an hourly wage, so overtime hours are regularly awarded. The benefits are also very good and affordable. You are given a good amount of vacation days which is ideal, however it is very difficult to actually use them.

Cons

This is the ultimate high pressure sales job. You are given the duty of calling current customers to sell various products to them. This is not bad, however your leads are very few. Most of the outbound calls will be to the same customers over and over, even if they have just said no, or even if they came into the office and were turned down. In addition to this practice, you are urged to deceive customers to get them into the office. Once in the office, you are to get "pre documents" signed, which are credit card applications. Once signed, you are to go back into the office and give them their options. Occasionally you will be able to show a benefit to a customer on an auto loan or a home loan, but more often than not you are offering a higher rate with longer term to show some sort of payment benefit. I will not get into the practices detailed, but I was uncomfortable performing the tasks expected of a credit manager. Additionally, I did not like the micro management that takes place within the company. Not only your branch manager, but district managers as well will be hovering over you while you work. It is an extremely uncomfortable setting, even if you are performing well.

1.0
Feb 17, 2009
Recommend
CEO approval
Business Outlook

Pros

Wells fargo has very good benefits, more than normal vacation time. Very good tuition reimbursement plan.

Cons

Impossible to move up from the bottom level. Education is not valued at all in its employees nor encouraged, employees are treated like replaceable cattle, very restrictive and authoritarian environment. Middle management tends to be unskilled labor culled from the best brown-nosers of the lower positions. A very stressful and disrespectful place to work. creativity, initiative, and self-reliance is disdained and frowned upon. The micromanagement is horrendous. The job was honestly a nightmare. I have never been so poorly treated in my entire life as an employee.

Viewing 142 - 144 of 54,324 Reviews

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