Wells Fargo reviews

3.5

58% would recommend to a friend

(54,350 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 54,350 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 28, 2018
Recommend
CEO approval
Business Outlook

Pros

You can make your own schedule.

Cons

Micromanagement to the 11th power, stress over sales numbers. The same problem that caused the account scandal is still apparent and now the pressure is activity goals instead of sales goals. If you want to give a hour summary of your weekly activities to your boss every week this job is for you!

1.0
Aug 3, 2018
Recommend
CEO approval
Business Outlook

Pros

Good PTO Competitive 401k Not much else

Cons

After 5 years AND a promotion, I was STILL making less than $15 an hour. They quietly raised the company's minimum wage to $13.50, and I found out that my wages had only been raised from $13.48 to... $13.50. I was FURIOUS. I had been a good employee for five years, and I'd been promoted - my wages should have reflected that. After finally going to my boss's boss's boss, I received a whopping 80 cent raise. I felt like I'd been slapped in the face. My boss one time pulled me into a meeting room to inform me a rumor was going around that I had been seen sleeping with a married coworker in the parking garage (a rumor that was NOT true). Over the course of three years, I applied 10 different times to the same position (the position above mine), and at one point, a man that I had caught cheating the system and that my manager had asked me to write an in-depth report on how exactly he was doing it, was promoted to the position instead of me. It was literally down to the two of us and they chose the guy that they had asked me to write a report on. At one point, I figured out that my manager had asked my coworker (my PEER) to spy on me. If I so much as looked at my phone (which was ALLOWED), it was reported to my manager. If you so much as went to lunch with a coworker of the opposite sex, rumors circulated that you were sleeping together People were catty and snarky and awful Wells Fargo takes advantages of its employees AND its customers.

1.0
Aug 2, 2018
Recommend
CEO approval
Business Outlook

Pros

There are some highly qualified and incredible people who work for this bank who should be the ones running the show, who have experience, integrity and honor and actually believe in doing the right thing for the customers, but they are not popular amongst the leaders and executives who are inept and incompetent if not complicit in the past and most current events of cheating people

Cons

Nepotism and a culture of who has been there the longest gets to move up the ladder regardless of much higher qualified people who should be given the positions based on genuine business line experience, not based on the good old boy system that plagues this organization where having a job in top level management one gets to fleece the stakeholders with inept business plans, clearly designed to cheat customers, get to fleece employees wages and make employees pay for the tools they need to do their jobs and and a culture of mental mastrubation where the executives, who none of have any face to face experience ever are the ones creating the schemes to defraud people and scam people. Example 20 000 people who had their cars repossessed because the bank had placed insurance on their vehicles based on a credit score model and of course intentionally failed to inform their customers they were paying 100 to 200 dollars a month in forced placed insurance on their vehicles, resulting in a blatant and extreme violation of trust which was done intentionally, with malice to earn a few extra bucks and violated every level of trust most of us have in our banks. The scandals are not over nor will they seize since the management are still all part of the same club who created these scandals. As an employee you are expected to go along with dishonest and unethical schemes which even criminals can distinguish between right and wrong

Viewing 199 - 201 of 54,350 Reviews

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