There are newer employer reviews for Wells Fargo

1 person found this helpful  

Wells Fargo has impossible sales goals--dont be fooled!

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Registered Personal Banker  in  Fullerton, CA
Current Employee - Registered Personal Banker in Fullerton, CA

I have been working at Wells Fargo

Pros

Pays the bills until you find another job

Cons

Sales goals are terrible. If you do good in the past, it is wiped away with one bad day of sales

Advice to ManagementAdvice

Lower the sales goals according to traffic of branch. Impossible to expect a slow branch to have as many sales as a busy one.

Doesn't Recommend
No opinion of CEO

6432 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1.  

    Producer's need not apply!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Home Mortgage Consultant  in  Phoenix, AZ
    Former Employee - Home Mortgage Consultant in Phoenix, AZ

    I worked at Wells Fargo

    Pros

    i think the benefits are good.

    Cons

    First and foremost, their Processing centers have absolutely zero sense of priority. They are completely desynthizied about the transaction they process and how they relate to peoples homes. The compension plan in 2009 is based on volume, but wait you can't close any deals because processing doesn't get your deal out to close. It's so aggrivating! Customer's and Realtor don't care about brand name any more, they would rather deal with a company who will get loan docs out on time.

    Advice to ManagementAdvice

    Invest in Professional Loan Processors. They will make you or brake you as a HMC.

    Doesn't Recommend
    No opinion of CEO
  2. 2 people found this helpful  

    Great training program for recent college graduates. Sales driven culture makes you feel like a used car salesman

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Personal Banker  in  Houston, TX
    Current Employee - Personal Banker in Houston, TX

    I have been working at Wells Fargo

    Pros

    The managerial team was very supportive at all times. Training was extremely thorough, and I feel it was beneficial even though I did not ultimately stay in the banking industry. There were employee-initiated sessions to refresh our knowledge and comfort level with both new products and services as well as those that had been offered for some time. Management was always quick to give accolades for sales accomplishments, no matter how small.

    Cons

    Very sales driven culture. Can be very stressful at times. You must sell 8 products to every customer that walks in the door.

    Advice to ManagementAdvice

    Make it a true relationship banking institution by not making employees sell products that are not always right to every customer. Have more emphasis on customer retention, rather than selling useless products.

    Recommends
    No opinion of CEO
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