Wells Fargo

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

1 person found this helpful  

Good and flexible company for freshers

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Associate in Hyderābād (India)
Current Employee - Associate in Hyderābād (India)

I have been working at Wells Fargo full-time (less than an year)

Pros

Nice company with friendly employees

Cons

more work with less salary

Positive Outlook

7127 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1. 1 person found this helpful  

    Difficult to advance and more concerned with tight numbers rather- hypocritical!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service Representative
    Current Employee - Customer Service Representative

    I have been working at Wells Fargo part-time (more than 3 years)

    Pros

    Somewhat flexible hours with self-management of paid time off. Starting pay is okay but not great. Generally hire good people with similar intent. Bring job opportunities to smaller communities. In some career, you leave the job at work and can go home without the baggage of work stressing you out.

    Cons

    Hours are flexible at the start but once you get a set schedule, its hard to change. Same goes with the pay, you get set in your pay schedule when you are hired, but yearly pay raise are ridiculously low and it gets blamed on the economy, whereas its probably just the company. There are people who have worked with the company for 30 plus years and experience very little pay increases. Some advancements don't actually give a pay increase and you are just expected to lift the heavy load for the rest of the team/company. Extremely large bank that has multiple areas that causes many issues and could be avoided if it were better organized. The most difficult is advancing your career, it may be different at retail sites, but non-retail is micro-managed and overall performance isn't really taken into consideration. If there was a time where you were on a warning or one month dropped below expectation, it would be highly inspected when you were going through interviews. Getting numbers is huge for this company--as a fast growing giant-- sales are first and helping those that get sales is second if not equal to first. If your not in retail ( which is heavily sales based) the speed at which you can help those in the branches is entirely crucial. If this is not done, there are consequences. I believe this company has the right ideals on the surface, but counteract those ideals when it comes to expectations. For example, WF is highly visionary when it comes to providing the "WOW" experience but gut you when it comes to how quickly you have to get the customers out the door to get another one in for a sale. You have to become the wolf dressed in the grandmothers clothes. You have to think of ulterior motives while putting on the happy-faced mask otherwise your sales/numbers won't make it. You can't think like someone who just likes to be helpful and is a people-pleaser. WF wants you to be the latter, but it doesn't work that way in the front lines. For those of you who have worked in sales, you know what I mean. Benefits are horrible now. They used to be decent, but were recently changed. Vision is good but medical is terrible and expensive and little options to really change. Also, they feel that making sure you are appreciated as a employee is important--however, in the end you are just an employee number without a name.

    Advice to ManagementAdvice

    Be realistic when it comes to company expectations-- don't fluff or sugar coat things. Its not all about the customer service and we all know that. Its important but its not the number one expectation--sales are and that the ugly truth. Unless the company growth sacrifices a little so that customer service is equal to that of sales, then that may change. But as things are right now, its time to face reality and be truthful with your employees when it comes to portraying what you need to do to get where you want with the company.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Company does not value tenure

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wholesale Banking
    Former Employee - Wholesale Banking

    I worked at Wells Fargo full-time (more than 10 years)

    Pros

    Cross train opportunities, up to speed technology

    Cons

    Company is too focused on profit, losing sight of team member value.

    Recommends
    Positive Outlook
    Approves of CEO
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