There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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very demanding

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - CSSR in Redwood City, CA
Current Employee - CSSR in Redwood City, CA
Recommends
Approves of CEO

Pros

theres a lot of career opportunities and they are always hiring. PTO and benefits are very good aswell. Flexible hours.

Cons

Depending on what you do, most positions require very demanding sales goals. They are always raising goals and never raising bonus comps

Advice to Management

Focus more on the service side and less on sales. If there was some type of incentive for service then your employess might focus on service and bring in sales through word of mouth..

Other Employee Reviews for Wells Fargo

  1. So far so good.

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

    Pros

    Large organization with opportunity for advancement

    Cons

    benefits including health coverage NOT great


  2. Not bad, but better when it was Wachovia

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

    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 Management

    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.


There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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