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

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Depth of opportunity if you put in the hours

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

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

Recommends
Neutral Outlook
Approves of CEO
Recommends
Neutral Outlook
Approves of CEO

Pros

Big Company perks Good salary

Cons

Life balance issues Staffed thinner than other similar institutions I've worked for...

Advice to Management

Increase staffing to avoid employee burnout

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  1. Helpful (3)

    Home Preservation Specialist 1

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Home Preservation Specialist I in San Francisco, CA
    Former Employee - Home Preservation Specialist I in San Francisco, CA

    I worked at Wells Fargo full-time (More than 5 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    You get to put this on your Resume and get out!!!!!

    Cons

    No future in department or advancement unless you play district politics/favorites. This department is a few years old and completely lacks structure. No career path, next level up is a 2 and only a "handful" of positions exists. Bonus structure is a joke and a lie. Bonus depends on how the district performs each month and you don't know what the monthly goal is or what to expect. Only top 5% get top tier bonus level, which they exaggerated about so much throughout your interview. Management gets paid for One Touch file submittal which is a perfect file not being returned with questions, therefore they make your job extremely difficult to submit a loan. You get paid on successful modifications, which is hard if you work your butt off to submit 10 loans in a month and 1 gets approved. It takes about 3-4 months to get paid out for loans that are approved and must qualify in that month’s tier, which is calculated at the end of the month. There are other opportunities to get a solution, which will qualify, for bonus. Modification is a solution, loans brought current is a solution, and a short sale is a solution. Usually you need 5+ solutions per month to get a bonus if the district performed poorly. However is someone that's been there years and has a huge pipeline and they get 15 solutions + they will get paid top tier and you will be compared to them that month and get paid a miserable bonus or no bonus. Department will end soon this is a temporary position make sure you think about that. When they close the department down what will you do? There are possibilities of getting a job in another department in Wells Fargo possibly.

    Advice to Management

    Give your employees some hope. Raise the salary. Hire competent managers not your best friends


  2. Service Manager was more interested in keeping up mess between personal bankers than helping the teller line.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Selma, AL
    Former Employee - Teller in Selma, AL

    I worked at Wells Fargo part-time (Less than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great benefits, competitive pay, co workers were fun

    Cons

    Some managers do not care whether you succeed or not.

    Advice to Management

    Make sure you are paying attention to your turn over rate. It is not always the employee that you need to fire. Before you hire a service manager, make sure she has teller experience or has had teller training.


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

See Most Recent

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