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
2.0
Aug 24, 2008
Recommend
CEO approval
Business Outlook

Pros

I would say that the only reason to stay with Wells Fargo in these economic times is that the bank is holding up well compared to its competitors. The job stability compared to other financial institutions is better right now.

Cons

The main downside of working at Wells Fargo would have to be the incompetence of branch managers, district managers and senior management. The lack of pay is laughable, but the true problem is the way that employees are treated on a day to day basis. The only thing that management cares about is how many ACR1 your branch has for that day. The company seems to value people that game the system and put people into the wrong accounts. This leaves other bankers having to reverse fees and deal with angry customers. Branch managers are basically houndogs that come around each day asking how many "units" you're going to put on the system for that day. The company is supposed to be built on relationship building but in reality all management cares about is the quick sale. The company values 10 debit cards more than putting 4 home equities on the system. The most disgraceful thing about the company is that branch managers that sit in their office all day doing nothing except refreshing ACR1 numbers are the only ones that reap the benefits of their team member’s production. The branch managers are basically high school graduates that barely speak English that come around hourly to ask what you're going to do to put "units" on the system for that day. The incentive compensation for personal bankers and tellers isn't even worth it compared to the daily bs that they have to deal with. Wells Fargo doesn't see their people as employees or co-workers but simply as a number and how many units you're going to produce for that day.

1.0
May 15, 2025
Recommend
CEO approval
Business Outlook

Pros

None as of now it was good earlier

Cons

Top management has become worst. No work life balance. 6 hours office login mandatory. Not at all employee friendly. Office filled with politics. They don’t care if leave. 2 years earlier it was so good. They made all the good managers resign and have made it the worst company.

1.0
May 7, 2025
Recommend
CEO approval
Business Outlook

Pros

Annual salary increments are structured well, ensuring compensation stays aligned with current market standards. The hikes are competitive, providing employees with financial growth that reflects industry trends.

Cons

Wells Fargo's current trajectory appears uncertain, with challenges looming over the next few years. A silent layoff seems to be underway, creating an atmosphere of instability. Micromanagement is prevalent, leading to concerns about autonomy and efficiency. Once a company known for its strong culture and appeal, Wells Fargo seems to have lost much of its former charm—the golden days are now a distant memory. Personal Experience: A scene in Ford vs. Ferrari vividly illustrates a process where a red file moves from one desk to another, passed along without meaningful contribution. A similar pattern unfolds within Wells Fargo—an engineer develops something innovative, presents it to their lead, who then showcases it to the manager. The manager, in turn, takes it up the chain, repeating the same presentation. Ultimately, recognition and credit bypass the original creator, landing instead with managers and leads, leaving engineers overlooked in the process.

Viewing 148 - 150 of 54,324 Reviews

Glassdoor has 58,419 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.