Wells Fargo

  www.wellsfargo.com
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Wells Fargo Reviews in California

Updated Jul 31, 2014
All Employees Current Employees Only

3.1 1,035 reviews

51% Approve of the CEO

Wells Fargo President, CEO, and Director John G. Stumpf

John G. Stumpf

(593 ratings)

50% of employees recommend this company to a friend

Review Highlights

Pros
  • The service is top rate to the customers and the work/life balance is very good (in 241 reviews)

  • They do have good benefits although they continue to degrade a little every year (in 431 reviews)


Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 481 reviews)

  • No work life balance, very stressful work environment derived from upper managerment (in 111 reviews)

More Highlights
1,036 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    8

    Anonymous Employee (Current Employee) Sacramento, CA

    Proslearned high level sales skills and beacame more goal driven

    Consyou don't have independence of your own work

    Advice to Senior Managementthey hover to much and don't let you get your work done

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • Approves of CEO

     

    Great place to grow.

    Anonymous Employee (Current Employee) Monterey, CA

    ProsHuge company with many different career path opportunities. Great benefits and financially solvent. Excellent long term employer.

    ConsStarting pay is lower than norm. Only way to get acknowledged at the retail level is by the quantity of your sales numbers.

    Advice to Senior ManagementGreat managers are defined not only by the production of the branch but the loyalty & support of all subordinates.

    Recognize the difference between a manager and a LEADER.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    Wells Fargo

    Underwriter (Former Employee) San Francisco, CA

    Prospart of a big name bank
    good location
    experts in commercial real estate
    can take advantage of Wells Fargo companywide training

    Conslimited training program, development opportunities limited
    management experts in real estate however lacking people management skills
    subjective performance reviews
    favoritism not related to performance
    narrow-minded approach

    Advice to Senior Managementrecommend hiring managers who have experience managing employees not just promoting people who are experts in commercial real estate to manager status

    No, I would not recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    A great start

    Business Banker (Former Employee) Orange, CA

    ProsLots of Sales Experience
    Good Customer Service Training
    Benefits are good
    Compensation plans are clearly spelled out
    Good Support From Managers

    ConsCut Throat Corporate Environment
    Completely Sales Driven Culture
    Lots of Turnover within the Organization
    Very Difficult to build long term business

    Advice to Senior ManagementTreat your business bankers with more respect and give them more access to quality partners who provide 3rd party services.

    • Work/Life Balance
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    • No Opinion of CEO

    1 person found this helpful  

    Great learning experience

    Strategy Consultant (Former Employee) San Francisco, CA

    ProsGreat learning environment, smart people, extremelly professional and very dedicated

    ConsTough to get projects completed, slow income growth

    Advice to Senior ManagementReward for performance at a fast pace

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    Wells fargo has goals that are unfair

    Store Manager (Current Employee) Sacramento, CA

    ProsPay and benefits, time off.

    ConsThe goals are not allocated fairly. One location may have a substantially higher sales goal than another where both locations have the same traffic. This burns people out. 60% of all bankers do not make minimum standards in sales performance because the goals are so high. This makes team members feel bad about themselves which doesn't help them be more successful. Senior management doesn't back up local Branch Managers. Lack of support is significant.

    Advice to Senior ManagementWells Fargo leadership in the Northern Ca region is far worse than other areas of the company. This is known throughout Wells.

    No, I would not recommend this company to a friend

    • Work/Life Balance
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    • Approves of CEO

     

    Could be better but other banks aren't any better

    Assistant Vice President (Current Employee) San Francisco, CA

    ProsGreat name brand recognition diverse company which allows you do your job easier.

    ConsPay could be better and career support could be better

    Advice to Senior ManagementMaybe provide more perks for employees

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    Better than average, stable

    Systems Analyst (Current Employee) San Francisco, CA

    ProsGood benefits. 30 days PTO for me now, pay is above average, stability. Lots of internal lateral moves.

    ConsPost-Wachovia merger is proving to be more reminiscant of 'Office Clerk'. Lot more arrogance in the trickle down management edicts. Encountering a lot more plain down & out RUDE folks from Charlotte. So much for the southern hospitality NC folks are supposed to be known for.
    Adopting the wachovia model for certain practices -
    Communication seems to be a dying asset also.

    Advice to Senior ManagementCommunicate! and remember WHO had to rescue WHOM that dreaded weekend in November 2008.

    • Work/Life Balance
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    • No Opinion of CEO

     

    Wholesale Bank

    Finance Manager (Current Employee) Los Angeles, CA

    Pros- Work/Life Balance
    - Benefits
    - Diversity

    Cons- Merger integration difficult on many
    - Too bureaucratic
    - 80 business lines, 80 heads of business

    Advice to Senior ManagementNone

    • Work/Life Balance
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    • Approves of CEO

     

    Wells Fargo Review

    Wholesale Banking Analyst Trainee (Current Employee) San Diego, CA

    ProsVery flexible culture that promotes individual accountability and responsiblity of relationships. Relationships are key, and senior management is very transparent and forthcoming with feedback and strategy.

    ConsLong term tenure of senior managements, while psoitive for stability have created a "tougher to move up" culture despite encouragement of inter company relocation. Results in more lateral moves than upward mobilty.

    Advice to Senior ManagementNone

    Yes, I would recommend this company to a friend

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