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

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Good but not the best place to work.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Operations Manager in Salt Lake City, UT
Current Employee - Operations Manager in Salt Lake City, UT

I have been working at Wells Fargo full-time (Less than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Good work hours and great people

Cons

Not much opportunity to move up.

Advice to Management

More opportunities for the guys on the bottom

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  1. Great company but pay and benefits are lacking.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Systems Consultant in Charlotte, NC
    Current Employee - Business Systems Consultant in Charlotte, NC

    I have been working at Wells Fargo full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I'm very happy with my job and am lucky enough to work for a department with some great front-line managers (although there are some less-than-stellar managers above) and really talented professionals as coworkers.

    Cons

    The pay is FAR below market rate and the company knows this! As long as you are paid more than 80% of the suggested pay for your job then it's very hard to get good raises to get much higher. Some departments pay at least 90%, some departments hire people in at 100%. There is a pay policy but it is so generic that it allows too much freedom to the management lines to continue to underpay employees.

    Advice to Management

    Please take an opportunity to have business lines create (and adhere to) a fair pay strategy for ALL employees. I realize that executive compensation is a different beast, but why not apply the golden rule and treat others how you wish to be treated. Ask yourself, "If I am getting a 20% raise this year, is it fair that I limited my employee's departmental raise budgets to 2%?" Treating compensation as anything other than the MOST important aspect of an employee's career is ignorant. If you don't pay us a fair wage, we leave...and that extra $15K you could have spent to keep me will be wasted immediately in training someone else to do my job, and probably at a higher rate at that. Your shareholders expect you to be logical, remember?

  2. Great team atmosphere!

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

    I worked at Wells Fargo full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Lots of support from branch partners to help drive numbers
    Management is very encouraging
    Team members are generally easy to get along with

    Cons

    Goals are very aggressive and challenging

    Advice to Management

    Take care of those bankers and keep them
    Happy because clients can tell if they're dealing with a disgruntled banker

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

See Most Recent

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