Wells Fargo Reviews

Updated July 3, 2015
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  1. BRM

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo full-time (More than 8 years)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Good training but the sales goals are increased in absurd amounts year over year. 30% increases are impossible to maintain when you have a set client list. It was a great job once but they turned us into car salesmen and not Relationship Managers that I did for 6 years.

    Cons

    The company got too big for its own good. The Wachovia acquisition turned them into a company that does not care about its employees or its customers.


  2. wells fargo

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Norristown, PA
    Current Employee - Personal Banker in Norristown, PA

    I have been working at Wells Fargo (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    my coworkers are fun to work with

    Cons

    no room to grow
    low pay
    does not care about your personal life


  3. Helpful (1)

    HORRIBLE AND STRESSFUL

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The benefits are pretty reasonable..................ummmm that's about it for this job. You will meet some pretty cool or interesting people while working there!

    Cons

    Impossible sales goals, unacceptable goals to reach, hiring from within is inaccurate. If you're not best friends with someone higher than you, you WILL not get promoted. Or if you game then you will cause all they see are numbers not you as an individual person!!

    Advice to Management

    Do better!


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  5. store manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Horrible place to work. Don't even, avoid place

    Cons

    Really horrible place to work


  6. Terrible company to work for!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker I (SAFE) in Orlando, FL
    Former Employee - Personal Banker I (SAFE) in Orlando, FL

    I worked at Wells Fargo

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    I would say the benefits and the work hours and if you like working with people it's a plus

    Cons

    The sales are so high and not realistic! The management sends out the bankers to bring back accounts and if they don't they have been told they should not come back at all!
    The managers are pushing bankers for sales that are not in the benefit of the customers. Checking accounts are closed and opened new once for no reason, debit cards sent per each account...
    Why would someone need 3 debit cards for 3 accounts!
    Bankers are opening loans and credit cards to customers that don't ask for them!
    No matter what you do it's never enough, the obsession of meeting the goals is so high that bankers are forced to sell products in an unethical way.

    Advice to Management

    Be realistic and put the customers first and treat your customers, bankers and tellers the way you want to be treated!


  7. what a waste...

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Tempe, AZ
    Former Employee - Anonymous Employee in Tempe, AZ

    I worked at Wells Fargo full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    great mix of knowledgeable coworkers from multiple mortgage backgrounds, above average benefits and decent pay

    Cons

    they can not make a decision, set a plan in action and go with it.The loan officers run ops (into the ground) and managers run employees out the door. No direction from management, they are too busy in meetings and with reports to be any kind of a leader or mentor

    Advice to Management

    let your staff get the job done !


  8. Worst retail bank to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Los Angeles, CA
    Former Employee - Personal Banker in Los Angeles, CA

    I worked at Wells Fargo (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    6% 401k matching, easy work.

    Cons

    6% of 0 is still a 0.

    Advice to Management

    Fire everybody from middle management and start over with people with integrity.


  9. Sales. It's what matters.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Phone Banker II in Phoenix, AZ
    Former Employee - Phone Banker II in Phoenix, AZ

    I worked at Wells Fargo full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Pays pretty well and you get paid time off. Hard to get fired from this job unless your attendance is terrible.

    Cons

    You are hired with the idea that you are there to help the customers. Training makes you believe you are really there to help. As soon as you get to the floor, you get hit like a train with sales goals. Push certain products or services. Rush through the service to get the sale. The entire phone call was a setup for the sale. Sales tactics are shady at best. Kind of a "shock and awe" tactic. Told don't talk about details because the customer will realize we will over charge them on everything we can. Wells fargo's products are a ripoff. I had a high-value customer who's husband was stranded in another country and trying to find a way to get them money right away, I was pulled off of the phone and talked to by 3 levels of management for not offering a personal loan to this customer that can take a week to close (they had over 30 grand in their main acct alone.) Leave your common sense at the door. People who's sales are better get preference over anything from schedule bids to time off of the phones to "coach" (text while phones are not allowed) to actually being allowed to take naps. It's a revolving door. 16 new hires every 3 weeks in my center alone. They are very good at showing you the good and then sliding in the bad later on. Very shady bank and employer. Moved to a different dept and would NEVER look back to that disaster.

    Advice to Management

    Might not be involved in law suits if you didn't force us to use shady sales tactics to con customers into opening accounts they don't want or need. Maybe look at yourself to figure out why you have a 48% turnover rate.


  10. Private Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Newberry, FL
    Current Employee - Anonymous Employee in Newberry, FL

    I have been working at Wells Fargo (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Large worldwide reach. Long company history. Investments division, WF Advisors, and WF Securities are a great area to work in for the company.

    Cons

    Stay away from the retail side (WF Bank), I have worked in the financial services industry since graduating from college, working for 4 different companies, and I have not found the level of bureaucracy and infighting between employees that WF has.


  11. Terrible work environment in retail banking

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Minneapolis, MN
    Current Employee - Anonymous Employee in Minneapolis, MN

    I have been working at Wells Fargo full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Salaries are pretty good for District Managers and above.

    Cons

    Sales pressure, inexperienced senior leaders that only care about themselves. All talk and no action. Lots of sales ethics issues are swept under the rug

    Advice to Management

    Actually live the companies Vision and Values, don't just talk about. A lot of managers are telling you exactly what you want to hear. None of it is true. They're all terrified of losing their jobs



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