Wells Fargo reviews

3.5

58% would recommend to a friend

(54,339 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 54,339 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
Jul 1, 2020

CRE Relationship Manager

Recommend
CEO approval
Business Outlook

Pros

You will get experience at a large organization that works with some large clients

Cons

Th he organization has a large number of problems that make it impossible to do your job and enjoy being at Wells. They are as follows: 1. Management: The people in charge have created such a toxic culture that anyone you would want to work under or with leaves within 1-2 years. Many senior RM staff are simply there because they cannot find another job and will make your life very difficult. Throwing underlings under the bus is a regular occurrence and promotion is based on politics and desperation to get someone to stay that has told management they are leaving. 2: Career Development: There is none unless you are extremely lucky. Trying to move to different groups will often not be allowed and management can deny your transfer for any reason. After this you will be marked as not “loyal” and you essentially have no future. Few, if any of the things you will do will be transferable to real finance jobs so your time in the position will be viewed by other employers as little better then unemployment. Trying to better yourself through school or programs such as the CFA or CAIA is highly discouraged and can lead to outright retaliation in some cases. Pay: You will be paid 25-40% less then the same job at other banks and will be paid 30-50% less then what you would make on the principal side in a finance position. Bonuses are reserved for those that feed managements ego so expect to make only 10-25% of your bonus potential no matter how well you preform.

1.0
Apr 15, 2020
Recommend
CEO approval
Business Outlook

Pros

Benefits ,Leaves Reimbustment for play group kids fee

Cons

Lot of politics!!!! No Proper Organization Structure People stay in same org for 10-15 years and they are ruling these companies as if they are bosses of this company. Worst Management. Uses Legacy system . Company run by Hyderbad , unethical ,unprofessional people.

2.0
Feb 29, 2020

Falling Apart

Recommend
CEO approval
Business Outlook

Pros

Work Life balance is great.

Cons

Teams are currently being broken up as management is being shaken up. Pay is stagnant for everyone while they deal with regulations. Benefits are being cut as more budgeting issues arise. They are pushing out FTE and bringing in more contractors.

Viewing 175 - 177 of 54,339 Reviews

Glassdoor has 58,434 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.