Wells Fargo

  www.wellsfargo.com
  www.wellsfargo.com
There are newer employer reviews for Wells Fargo

 

So far so good.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Boston, MA
Current Employee - Anonymous Employee in Boston, MA

I have been working at Wells Fargo

Pros

Large organization with opportunity for advancement

Cons

benefits including health coverage NOT great

Recommends
Approves of CEO

7129 Other Employee Reviews for Wells Fargo (View Most Recent)

Sort: Rating Date
  1.  

    Not bad, but better when it was Wachovia

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Licensed Banker in Saint Petersburg, FL
    Former Employee - Licensed Banker in Saint Petersburg, FL

    I worked at Wells Fargo

    Pros

    There certainly was some truth to the phrase "banker's hours." The benefits provided by Wells Fargo and Wachovia were fantastic. New full time employees automatically had 19 days of PTO, but there were no sick days so you would have to use PTO time. There is a very good level of friendship overall. You'll never get along with everyone you work with; however, 90% of the employees at the retail level got along very well.

    Cons

    The toughest thing to deal with was the incentive compensation plan. For individuals hired under Wells Fargo and not Wachovia the incentive and base salary levels may be acceptable; however, for those that were originally Wachovia retail employees there was a considerable drop in bonus levels. Also, it could be region specific, but the expectations and goals went through the roof beginning in 2011. The metrics that each person was gauged on made it nearly impossible to reach incentives. Also, for an internal promotion the salary increases were so negligible that it nearly made no sense to work towards a promotion.

    Advice to ManagementAdvice

    The upper levels of managment really need to reach out to the retail employees to get a feel for what real expectations should be for each end of the spectrum.

    Approves of CEO
  2.  

    Opportunity to advance but extremely micromanaged.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Personal Banker I in Cottonwood, AZ
    Current Employee - Personal Banker I in Cottonwood, AZ

    I have been working at Wells Fargo

    Pros

    Excellent benefits along with advancement opportunities.

    Cons

    Micromanagement, be prepared to complete multiple forms and report to multiple personnel on just about everything you do.

    Advice to ManagementAdvice

    Weed out the people who don't want to perform and allow the people who will perform to do so.

    Recommends
    Approves of CEO
There are newer employer reviews for Wells Fargo

Work at Wells Fargo? Share Your Experiences

Wells Fargo

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.