Wells Financial – “Good company, low pay!”

Pros

Strong company with good direction. They were fairly successful with staying out of the subprime mortgage mess. They mainly focused on full documentation loans so they dont have the same downside as many other lenders out there. They do offer great benefits as far as a savings account with a strong interest rate, 401k and health benefits.

Cons

The starting salary is low and the bonuses are out of reach. In order to make any money at Wells fargo you have to go above and beyond your sales goals. You bring in a significant amount of revenue, but your compensation does not match.

Advice to Senior Management

Work on a new bonus structure.