There are newer employer reviews for Wells Fargo

2 people found this helpful  

Great company to work for

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Loan Doc Specialist V
Former Employee - Loan Doc Specialist V

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

Pros

Pay, hours, they have employee perks, discounts on banking services, cell phone discounts, 401k match, health benefits, etc...

Cons

Management heavy, ramp up too slow and ramp down (lay off) too fast so that puts added work stress on employees

Advice to ManagementAdvice

Think about what your doing and how it impacts peoples lives

Neutral Outlook
Approves of CEO

6683 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1.  

    One of the best banks to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    Employee friendly, benefits are good

    Cons

    Not all groups have a great work culture

  2.  

    Wells Fargo Home Mortgage is a good company to work for you have decent benefits and a fair wage.

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

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

    Pros

    The people, passionate about helping people get into homes. In Cleveland, we did it right. We had great talent and they worked hard to make the benchmarks and close loans. In a big company you have good benefits: eye and dental, and a fair match on 401K.

    Cons

    Too many laws changes, so much especially in the last 3-5 years. It causes a lot of internal changes, checks balances. It's like the basics have been missed (encrypted security, solid structure, vision to the entire team) we were the last to convert to our own system. They still don't have banks in Cleveland (crazy) and there's been a presence here for over 25 years.

    Advice to ManagementAdvice

    You have let a lot of good talent go (displaced) across the country. I hope those leaders you have in place that made these decisions, make the cut. There were other options, especially for seasoned underwriters: working from home, you let years and years of government experience walk out of the door. It's hard to grow your own with the work force out here. Young people who don't know or understand the value of homeownership. The same goes for closers and I think it was the beginning of the end when you moved processing into the field. They need to be back inside with supervisors who know processing and can help them (in theory I understand you thought you were taking seasoned processors but its not working). Sales doesn't want to manager processing no matter what they say.

    Time will tell, I hope you get someone in position who has a CLEAR vision of the future and can fix this mess you have made of your production centers. I understand the centralization, but the decisions to close some of the good solid performing offices seemed a bit irritational. I think other options could have been utilized before you took that step. Not disgrunted just disgusted.

    Recommends
    Neutral Outlook
    No opinion of CEO
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