Wells Fargo

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

 

Great part-time job.

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

I have been working at Wells Fargo

Pros

I work here part time and I definitely think it's a great place to work. They give you that balance between work and your life.

Cons

I wish they would make realistic goals. I feel as if I'm pressured all the time to exceed at an unreasonable goal.

Advice to ManagementAdvice

For my branch, I feel we need more guidance vision of the branch. We need a better idea of what Wells Fargo means.

Recommends
Approves of CEO

6969 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1.  

    Great for stability and benefits, bad for promotions and raises

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

    I worked at Wells Fargo

    Pros

    It's a very stable environment as a full-time employee, with amazing vacation (I had 25 days), with a terrific work-life balance. At least in Wholesale, people are generally good about working no more than 40 hours and managing their own time. Working from home about one day a week is standard, unless a team appears to be abusing it. Wells Fargo has a very wide range of financial products and services, making for an intellectually interesting environment.

    Cons

    Because of its size, raises tend to be small (1-2% average, never more than 4% unless it comes with a promotion). Promotions are hard to come by too, since people tend to stay in their positions for a long time, and once an opening comes, politics almost always overrides qualifications. There's also a sizeable beuracracy, making product development/changes very slow - slower than most other organizations its size. Every little job has a dedicated employee, making getting experience outside your area difficult.

    Advice to ManagementAdvice

    Reduce complexity! Not just all the many redundant systems and databases that do the same thing, but all the forms and process you have to do to get everything from change of email address to project funding. Forms are updated every month with the same information in a new format. Many forms have 75% the same content, same approvers, but work can't begin till each is routed with appropriate routing time given. Months are wasted in the process, yet more wasted training new employees on the process.

    Give employees (FTEs at least, contractors too ideally) more opportunity to work in other areas.

    Keep innovating.

    Recommends
    Approves of CEO
  2.  

    Very good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President Manager in San Francisco, CA
    Current Employee - Vice President Manager in San Francisco, CA

    I have been working at Wells Fargo

    Pros

    Vision and Values are consistent and well known throughout organization.
    Leadership is talented at setting a winning strategy and executing it.
    Overwhelming majority of managers support live/work balance.
    Genuine appreciation for diversity in the workplace.
    Employees seem to genuinely care about their work and workplace environment.
    Strong record of community giving and volunteerism.

    Cons

    Current economy and regulatory outlook for financial services companies is squeezing profits.
    Budget for merit increases and promotions has been declining for the past 5 years and is nearing 1%. Company stock price is lower than it was in 1998.

    Advice to ManagementAdvice

    Keep doing what you're doing as it's working for the most part. Reevaluate compensation structure and make adjustments to increase pay for the 99% because compensation for the 1% has been growing much faster over the past 15 years.

    Recommends
There are newer employer reviews for Wells Fargo

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