There are newer employer reviews for Wells Fargo

Wish it were truly as customer centric as they claim to be

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Home Mortgage Branch Manager in Reno, NV
Current Employee - Home Mortgage Branch Manager in Reno, NV

I have been working at Wells Fargo full-time (more than 8 years)

Pros

Big name recognition, strong, conservative

Cons

sales driven, bottom line concerned without regard to employees as a competitive advantage

Advice to ManagementAdvice

Be aware -- good people aren't doormats, aren't stupid and have a conscious

Doesn't Recommend
Negative Outlook
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  1. 1 person found this helpful

    After Wachovia Merger, Wells Fargo leaders screw over employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Banking Sales in Shoreview, MN
    Current Employee - Business Banking Sales in Shoreview, MN

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

    Pros

    Health Insurance, friendly collegues, 1 month off out of 11 months

    Cons

    They used to pay us monthly commission in Business Banking. It was a good living and I was planning on building a future there but they switched to quarter bonuses and it felt like getting a HUGE PAY CUT. I saw over 50 talented people quit in 2 months! They recruit talent and pay them well, then cut the bonuses. The pressure was unhealthy. I lost my respect for them. I spoke highly of them. They are ruining the lives of many hard working people that want to support their families. It seems like they care more about shareholders than employees. They implemented a customer satisfaction survey. IF you got 4 4 4 4 4 out of 5 5 5 5 5 they consider that a failed call and took your whole quarterly bonus. They call it KDM scoring. I call that Keep Da Money. Greed is killing our society

    Advice to ManagementAdvice

    Managing people is about inspiring someone to succeed. Only a few managers were good at this. Others treated people like high school students and berated them.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful

    drink the kool aid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Licensed Personal Banker in Jacksonville, FL
    Current Employee - Licensed Personal Banker in Jacksonville, FL

    I have been working at Wells Fargo full-time

    Pros

    at least its a job.

    Cons

    just search on you tube for Wells Fargo Banker, monring huddles, its about 99% accurate.
    the process is broken, managers dont train bankers, they tell them that they fell short on their goals and micro manage them.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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