Wells Fargo Reviews

Updated March 22, 2015
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2.0
101 Reviews
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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
36 Ratings

101 Employee Reviews

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  1. Sales oriented, unethical company, extremely high turnover rate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker I (SAFE) in San Francisco, CA
    Current Employee - Personal Banker I (SAFE) in San Francisco, CA

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

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

    Pros

    Paid training in headquarter before you work

    Cons

    *very basic salary
    *store managers are sales-driven only
    *terrible ethical employees among them playing dirty political games to win more sales
    *stressful sales job designed for high school graduates
    *mean, money driven company train you to be a greedy liar

    Advice to Management

    Employees are not just heads to open accounts and credit cards for you. Wells Fargo proves it that they only care about money but not customer service. The more money customer has, the better fake service it give out. Trust me you can make a personal banker in WF to lick a millionaire's shoe.

  2. Eeehhhhhhh

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in San Francisco, CA
    Current Employee - Teller in San Francisco, CA

    I have been working at Wells Fargo

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

    Pros

    Cool company loved my coworkers

    Cons

    Bad business practices all about numbers not really helping the customers very big on gaming

    Advice to Management

    Get it together

  3. Systems Architect

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Engineer/Architect in San Francisco, CA
    Current Employee - Systems Engineer/Architect in San Francisco, CA

    I have been working at Wells Fargo full-time (More than 5 years)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    stable employment, ok benefits, office in downtown SF.

    Cons

    technical skills are not rewarded but brown nosing upper management is highly effective strategy to climb corporate ladder

    Advice to Management

    Technical managers should have a clue about technology. The IT work culture does not attract the best and brightest. It attracts those looking for a 9 -5 job where you don't really need to work hard or be very proficient at what you do. Great place for a slacker who can BS. Allot of dead weight in IT just sitting around and getting in way of any progress for fear of being shown up.

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  5. Management Is Dishonest, Not Great!!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Compliance in San Francisco, CA
    Current Employee - Compliance in San Francisco, CA

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

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

    Pros

    Wells Fargo invests and spends a lot of money on marketing the brand, image, and reputation in the public.

    Cons

    There are too many people in management and not enough workers. The managers take credits but blame on staff and throw them under the bus. There are deep office politics and favoritism all over at Wells Fargo. Management hires their children, friends and relatives, and they get off not doing their jobs and pushing off on the underlings.

    Advice to Management

    There are too many people being hired based on relationships and connections at Wells Fargo. Nobody has the courage to speak out about this unfair employment practice.

  6. One of the lamest banks out there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Data Analyst in San Leandro, CA
    Former Contractor - Data Analyst in San Leandro, CA

    I worked at Wells Fargo as a contractor (More than a year)

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

    Pros

    No need to work at all!!!!!!

    Cons

    I was on a consulting job here for 19 months. They exclusively hire incompetents. They are in love with them and hire them full time. You cannot get a system administrator to create an ID for you within 2 months. Their entire database is made of notepads and excel sheets. Your work never gets appreciated and the only thing that matters is soaping and buttering process of superiors. They bring in very cheap contractors from all over who are least motivated to work and laugh at you when you actually make little effort to do so.

    Not worth getting hired here at all, if you want any sort of career progression.

    Advice to Management

    A lowly person like me has Nothing to say to the GODS

  7. Good to get expience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Berkeley, CA
    Current Employee - Teller in Berkeley, CA

    I have been working at Wells Fargo

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

    Pros

    Get a job that pays more minimum wage in hires without experience

    Cons

    Being in balance end of day

    Advice to Management

    To help train employees better

  8. Helpful (2)

    Wells Fargo - Where Profit Matters More than its Employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in San Francisco, CA
    Current Employee - Teller in San Francisco, CA

    I have been working at Wells Fargo

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

    Pros

    Worked at 2 branches. Great/friendly staff. Have made some great friends. Great work flow; everybody does their part. Smooth operations, systems for teller transactions are generally error free. Depending on who you work with you can learn fast. PTO and health benefits through the bank are great and easy to enroll in. Bonuses are nice when you reach sales goals.

    Cons

    A few months ago I transferred as a teller to a location in SF. I moved to the city and I wanted to be able to work in the city so I wouldn't have to deal with the teeth-grinding commute on the way back (up to 2 hours to cross the Bay Bridge). I was fortunate enough to get a referral from a friend and I was able to get things going pretty quickly. I went in and personally introduce myself to the branch manager and the private banker; 2 really nice guys that seemed thrilled to have a transferring team member. Now this is where things went south. I was called up by the recruiter to discuss when I could start and what my starting salary would be.. For whatever reason she asked me what starting wage I'd prefer. I asked for 16.00 so we could negotiate. She told me '12.50' which from what I understood was the starting wage for a new WF Teller employee. I had been with the company for over 2 years. On top of that she talked back to me like it was some sort of joke that I would be asking for anything more. "Being an employee for 2 years doesn't suffice for a wage higher than $12.50" she tells me. She was condescending and talked to me like what I was asking would have people jumping through hoops. I caved and took the 12.50 starting wage.. because after all I cut my commute in more than half and I can establish a relationship with my new branch in hopes to get a promotion. 6 months down the road and I apply for the PB1 position. My sales this quarter are number 1 compared to others at the teller line. I get a recruiting call from the same indifferent, condescending "recruiter" pretty much telling me that I can't even be considered for a promotion because I didn't comp for Q3 which was the time I transitioned between branches; A BRAND NEW POLICY THEY JUST STARTED GOING BY WHEN THEY SWITCHED DM'S A MONTH PRIOR. She basically said that the one quarter I didn't comp in my entire WF career was the reason they couldn't promote me. At this point I am seeing too many red flags with this company. So in these two instances I have learned that Wells Fargo saved a few thousand dollars on NOT sending a new hire to training and putting me (an employee that has been with the company for over 2 years) on the same wage, and that the policies that are rapidly changing are making it far more difficult to move up in the company.

    Advice to Management

    If you want respect and trust from your employees, take a more humanistic approach towards the way you manage them. My boss is standing 12 feet from me and has the recruiter call me to tell me that I am not even eligible enough to get screened for an application I've submitted. Hire people that care about its customers and it's employees as oppose to numbers and profit. This company makes so much money it's unreal, and now their sales goals expectations are peaking even higher in 2015. This means that more unethical tactics are going to used by bankers in order to reach their numbers.

  9. Helpful (2)

    Current philosophy is to sacrifice employee experience and customer service in favor of their 10% growth.

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

    I worked at Wells Fargo full-time (More than 10 years)

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Benefits package is pretty good. It used to be a place where you could really bond with your fellow workers.

    Cons

    Company now puts all value on their bottom line, turning what used to be a good and enjoyable work place into an exteremeky stressful environment.

    Advice to Management

    Whatever happened to "People As a Competitive Value"?

  10. Poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service and Sales Representative in Berkeley, CA
    Former Employee - Customer Service and Sales Representative in Berkeley, CA

    I worked at Wells Fargo full-time

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    In-depth training for bankers is provided

    Cons

    Sales goals dictated from the top... the trickle-down effect was exponential and unrealistic, placing the goal on sales numbers over customer service and satisfaction.

  11. Customer Service and Representatevi

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service and Sales Representative in San Carlos, CA
    Former Employee - Customer Service and Sales Representative in San Carlos, CA

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

    No opinion of CEO
    No opinion of CEO

    Pros

    the company will give you great stool get the job done on time.

    Cons

    when thiere is too many change at one in branches is not good for estability in the work place.

    Advice to Management

    The Management need to be more organized with the employer on gettting the job done.

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