Wells Fargo reviews

3.5

58% would recommend to a friend

(54,361 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 54,361 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 19, 2012
Recommend
CEO approval
Business Outlook

Pros

Working for a large and stable company...and that's where it ends.

Cons

Upward mobility completely sucks if you're in retail. Managers will promise you a raise if you hit your numbers but then they just keep finding another excuse not to promote you. All the managers think they are God's gift to finance when, in reality, retail banking is at the bottom of the totem pole in the finance arena. If you have Personal Banker on your resume nobody cares because recruiters know that you don't have any specialized knowledge in anything related to finance. Wells Fargo likes to say that they have a great training program but that is non-existent. In lieu of hiring quality people they think that by implementing blanket sales and service procedures for everyone and the rest will just work itself out. Horrible way to run a business. There wasn't one person at my branch that enjoyed coming to work. Everybody was miserable...always being reprimanded by the manger for the smallest things. The happiest day of my life was my last day with this awful company. And, yes, I DID consistently hit sales numbers, I DID stay late and come to work early, I NEVER complained...I was a GREAT employee but none of that matters.

1.0
Mar 1, 2012
Recommend
CEO approval
Business Outlook

Pros

They do actively seek to promote professional growth, and the feedback is immediate and clear. Recognition is readily given to those who do well.

Cons

The corporate culture seems to promote a "do as your told or else.." mentality. There is no room for objections even when sales ethics and professionalism are called into question. Exceeding sales goals is the only activity that is rewarded. Favoritism and retaliation are rampant, mid-level management operates with complete immunity as long as goals are met. Those who don't meet goals are forced out by any means necessary. The pay is quite low and customer service experience is not a priority.

Viewing 241 - 243 of 54,361 Reviews

Glassdoor has 58,455 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.