Wells Fargo

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2 people found this helpful  

Mid-Level Managers Need to be Cut

Securities Analyst (Current Employee) Columbia, MD

ProsBroad exposure to financial concepts. Good starting job right out of college.

ConsIf Wells Fargo CTS wants to increase profits they should look at cutting some mid level managers. My manager does nothing all day but work her personal gmail account. She has no idea what is going on in the group and is oblivious to the work and projects that her staff members are doing. She shows nothing but favortism by giving huge raises to the people she likes and small raises to those she doesn't like even if they worked their butt off. So you better learn to brown nose if you want to get ahead. Ironically, the people she gives the huge raises to talk crap behind her back constantly. If we were allowed to give performance reviews to mid level managers, a lot of them would receive failing grades. Needless to say, I will be leaving soon and I know that others will be following me very soon.

Advice to Senior ManagementAllow staff members to give their direct managers performance feedback to HR/senior management. That way they can determine which managers aren't pulling their weight. Too many mid level managers are just there to collect a paycheck and add no value to the organization.

No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Not all that great

    Personal Banker (Current Employee) San Diego, CA

    I have been working at Wells Fargo


    Pros: It's easy to get time off and the benefits are great. I'd say the best parts are the competitive pay compared with other companies. It… Cons: The micromanaging is terrible. Theres an endless amounts of reports and paperwork to be done for the simplest things. Your required to meet sales goals… Advice to Senior Management: Figure out a way to allow people to do well without constantly threating them… No, I would not recommend this company to a friend More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    "Good" place to start your career for college graduates looking to get into the financial services industry

    Phone Banker (Former Employee) Los Angeles, CA

    I worked at Wells Fargo


    Pros: Easy to take time off when you need it. Encourage 360… Cons: You are constantly bombarded with phone calls. Management needs to do a… Advice to Senior Management: The overall pay compensation needs to be improved especially when compared to that… More
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