Does Wells Fargo pay their employees well?

According to anonymously submitted Glassdoor reviews, Wells Fargo employees rate their compensation and benefits as 3.7 out of 5. Find out more about salaries and benefits at Wells Fargo. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Wells Fargo?

58% of Wells Fargo employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Wells Fargo 3.5 out of 5 for work life balance, 3.3 for culture and values and 3.3 for career opportunities.

What are the top reviewed jobs at Wells Fargo?

Teller (2896) , Personal Banker (2422) , Bank Teller (2328) , Senior Software Engineer (867) , Software Engineer (812) , Lead Teller (797) , Personal Banker I (768) , Customer Service Representative (603) , Branch Manager (489) , Financial Analyst (471) , Analyst (453) , Service Manager (447) , Vice President (402) , Home Mortgage Consultant (353) , Personal Banker I (SAFE) (304)

What are the pros of working at Wells Fargo according to real employee reviews?

"The benefits are great and the people make it a joy to come to work each day." ((in 6447 reviews)); "Good pay and that's all i can really think of other than that it's pretty bad to work here" ((in 3268 reviews)); "Work life balance is good but it usually depends on what group you work in." ((in 3153 reviews)); "Deal flow is decent and the majority of the people you work with are great." ((in 2183 reviews)); "The culture is great very collaborative with people who are eager to help when they’re needed." ((in 1404 reviews))

What are the cons of working at Wells Fargo according to real employee reviews?

"Poor management; each branch operates very differently depending on the branch manager (no consistency)" ((in 2606 reviews)); "Good managers have sound judgement and make good business decisions when dealing with customers on a day to day basis." ((in 1373 reviews)); "Poor leadership from the top very top heavy and no mid level management support any longer" ((in 536 reviews)); "Long hours and no at home food voucher" ((in 476 reviews)); "Lots of layoffs and on the banking side you are forced to reapply for the job you currently have." ((in 449 reviews))

What are employees saying about Wells Fargo layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Wells Fargo layoffs and their outlook for job security at Wells Fargo in 2026.

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Wells Fargo

Wells Fargo reviews

3.5

58% would recommend to a friend

(54,381 total reviews)

Charlie Scharf

62% approve of CEO

55% positive business outlook

Ratings by category

3.8

Diversity & inclusion

3.7

Compensation and benefits

3.5

Work/Life balance

3.3

Culture & values

3.3

Career opportunities

2.9

Senior management

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,381 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).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

54K reviews

2.0

Apr 12, 2024

Avoid if you want a career

Risk manager

Recommend

CEO approval

Business Outlook

Pros

- pay packages can be good - nice building with convenient location in London - hybrid working policy

Cons

- absolutely no opportunities to develop your career in London - the London office is seen as a “nuisance” strategically. All decision making happens in the US - disorganised operating model where you cannot be a manager unless you have a team of 7. This does not work for a small regional office such as the one on London. - poor image and constant regulatory issues - abysmal IT systems - overly bureaucratic policies - unwillingness to change anything at the bank - some senior management are “part of the furniture” and lack motivation to improve things

3.0

Mar 21, 2024

Good company to work

Principal engineer

Recommend

CEO approval

Business Outlook

Pros

1) good company to work. 2) salary is not bad 3) work life balance depends on project and lob 4) transport fees 5) good technology depends on ur fate. 6) luckily my manager is too good, but most of the managers are not that good. Lot of micro management i have seen.

Cons

1) no employee benefits most of them are removed in recent times 2) work life balance depends on project 3) late night US calls 4) lot of politics between India and US teams. 5) Now a days job security is at stake. 6) we need to work both in india and us. Here managers ask us to lot of work for their job safety. 7) Indian managers are just people managers they don't have any hold on US 8) US teams are bad they don't provide KT properly due to their job safety issues.

2.0

Mar 18, 2024

No job security

Senior systems operations engineer

Recommend

CEO approval

Business Outlook

Pros

Good benefits including multiple weeks of PTO upfront

Cons

No Job security, they will randomly lay off people and post new positions for similar work instead of moving internal personnel. Too many layers of management and constant management changes. Worked for 18 years and had 14 different managers. Siloed job roles limit exposure to different work and job experience.

Viewing 271 - 273 of 54,381 Reviews

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