Wells Fargo reviews

3.5

58% would recommend to a friend

(54,381 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 54,381 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).

Reviews by job title

54K reviews
3.0
Mar 28, 2023

Downward Trend

Recommend
CEO approval
Business Outlook

Pros

Wells Fargo offers an excellent benefits package. They also provide a retirement program that is flexible. If hired at a "good" location the experience is fantastic working for this company.

Cons

With the recent changes in their staffing model and the push to digitally focused banking, Wells Fargo has lost sight of their employee care. The company has gone from a growth driven employer to one that offers few opportunities for advancement and prefers to hire externally for upper management roles. Employees who voice concerns or mention areas for improvement are disregarded. When human resources become involved it is clear that the only concern is for the company and not for the employee. Examples include: part time schedules being irregular/illogical and occasionally difficult to accommodate - leading to termination, tenured employees being singled out and targeted as argumentative or disruptive when discussing concerns, new hires being blamed for errors that would not fall under their control, and several other concerns. This was witnessed first hand and ultimately led to my departure from the company.

1.0
Feb 8, 2023

Toxic Culture

Recommend
CEO approval
Business Outlook

Pros

Wells Fargo as a company appears to be advanced in services provided.

Cons

The people are toxic, bullying is condone, they really do not care about their employee or customer's over all well-being. Victims of bullying end up being moved away, even given new job positions, from the aggressor. The aggressor continues their behavior and the lack of victim support discourages future victims, and witnesses, from coming forward. A sales consultant was placing unreasonable expectation and was being very aggressive towards me as a client service officer. My manager would say just ignore them, no one takes their complaints seriously. However, when the consultant made complaints, my manager would provide me negative feedback. When the consultant's bullying cross the line, my manager response to my complaint was shaming. I have shared my stories with others and found that this was very common throughout our department. It appears to me that toxic people get promoted and the supportive good people quit. Turnover is HIGH!

2.0
Jan 31, 2023
Recommend
CEO approval
Business Outlook

Pros

The people I work with are awesome. I have nothing bad to say about anyone I work with. This job also exposes you to the securities markets in a way that you truly get a chance learn a little bit about everything (Stocks, bonds, treasuries, annuities, CD's, etc.). You get to place trades that you wouldn't do at most other places in this industry.

Cons

The main thing that I have an issue with about this job is that it is a call center. Employee retention is terrible and Wells Fargo (not your direct management but the higher ups) treat you like a number. Just because you are pleasing clients and making a better experience for everyone including other employees, if you do not meet the ridiculous metric targets you will not be rewarded. If you have an issue that your direct manager cannot solve, it probably will never be solved. It is impossible to escalate your concerns. All they care about is earning a dollar for themselves and mitigating risk for themselves. The words "call center" were no were in the job description when I applied and I didn't realize I was signing up for a call center job until 4 months into the job when I finished licensing and training and they hand me a computer and tell me to take as many phone calls as I can every day. The definitely hide all the negative aspects of the job until you are too far in to justify leaving.

Viewing 283 - 285 of 54,381 Reviews

Glassdoor has 58,477 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.