Wells Fargo Reviews in California

Updated September 12, 2014
Updated September 12, 2014
6,432 Reviews
3.2
6,432 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,219 Ratings

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

1,083 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    very good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - District Manager  in  Los Angeles, CA
    Former Employee - District Manager in Los Angeles, CA

    I worked at Wells Fargo

    Pros

    company has a strong vision and values

    Cons

    business lines don't always work together

    Advice to ManagementAdvice

    follow vision and values and stick to principles

    Recommends
    Approves of CEO
  2.  

    Great opportunities to many mid-level managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Mortgage Consultant  in  Redding, CA
    Former Employee - Mortgage Consultant in Redding, CA

    I worked at Wells Fargo

    Pros

    Large corporation with many opportunities

    Cons

    They need to look internally for applicants and promotions

    Recommends
    No opinion of CEO
  3.  

    Political nightmare in Wells Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor  in  San Francisco, CA
    Current Employee - Financial Advisor in San Francisco, CA

    I have been working at Wells Fargo

    Pros

    Large retail client base in US.

    Cons

    Bank culture dominates decisions. Constant pressure to sell bank owned mutual funds and proprietary fee-based investment management. Persistent pressure to refer High Value clients to the bank without referrals to the FA.

    Wells Fargo Advisors doesn't have the cachet of the traditional wirehouses. Light on research and analytical abilities.

    Heavy handed on compliance.

    Advice to ManagementAdvice

    Adopt and run like Wachovia's East Coast operations. Fire most of the Licensed Bankers and Eliminate the overhead of the Private Bankers.

    Doesn't Recommend
    No opinion of CEO
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  5.  

    Sales is all that matters and don't forget it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Teller  in  Roseville, CA
    Current Employee - Teller in Roseville, CA

    I have been working at Wells Fargo

    Pros

    Good benefits, co workers are great

    Cons

    Worse management I have ever seen. Micromanagement to the extreme. They don't care about you, just the sales numbers. They act like they care about customers but they don't. The reason why many have high sales is because they are shady. If you don't make sales numbers you will not get anywhere. They will work you when they need you, then not give you the hours you need after you've worked when they are short staffed. You will give all you can then they will throw it back in your face.

    Advice to ManagementAdvice

    Focus more on people, care about them, care about customers not just making a buck off of them. Focus more on customer service it will make your reputation better.

    Doesn't Recommend
    No opinion of CEO
  6. 1 person found this helpful  

    Okay.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA

    I have been working at Wells Fargo

    Pros

    -Good Benefits
    -Close to Home
    -Good Solid Stable Bank
    -Makes profit in the banking industry

    Cons

    -Poor Commission/Bonus/Incentive Structure
    -Cares too much about business profit
    -"Says they care about the customer but doesn't show"
    -Salary is a little bit on the shy side.

    Advice to ManagementAdvice

    -Management is okay.
    -Have a great supervisor

    Recommends
    No opinion of CEO
  7.  

    Great company as on stock but working at retail banking it has really hard sales all the time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Specialist  in  San Jose, CA
    Current Employee - Business Specialist in San Jose, CA

    I have been working at Wells Fargo

    Pros

    Big company and is still growing. A lot of benefits for employees.

    Cons

    Extremely hard sales work, only care about sales. Anyone can open business account and you don't get credit

    Advice to ManagementAdvice

    Number is not everything. Many numbers contributed by teammembers aren't legitimate. Fake numbers don't earn profit for company.

    Doesn't Recommend
    No opinion of CEO
  8.  

    Good company overall, very political

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Escondido, CA
    Current Employee - Anonymous Employee in Escondido, CA

    I have been working at Wells Fargo

    Pros

    Great compensation, competitive salary, meet a lot of great people

    Cons

    Very political, a lot of people get promoted for just having numbers, not necessarily the best fit for the position. Very sales oriented and micro managed

    Advice to ManagementAdvice

    The retail side is a joke, and please don't promote people to management based on favoritism and that they can sell. It does not mean they know how to manage employees well.

    No opinion of CEO
  9.  

    Front line employees deserve more credit

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Chico, CA
    Former Employee - Anonymous Employee in Chico, CA

    I worked at Wells Fargo

    Pros

    Great positive environment
    True team aspect
    Excellent computer platforms
    One of the strongest financial systems in the industry
    Improved customer service and loyalty skils

    Cons

    selling products and services despite morals
    pay was too low for amount of day to day activities in order to facilitate excellent customer service

    Advice to ManagementAdvice

    Increase pay of front line employees. If the first people the customer see are not happy with their pay, it will reflect in the their attitude and work, no matter how much scripting is required.

    Approves of CEO
  10.  

    They take advantage of you and expect you to get results without much support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Private Banker  in  Los Angeles, CA
    Current Employee - Private Banker in Los Angeles, CA

    I have been working at Wells Fargo

    Pros

    Systems and the resources available.

    Cons

    No one to support you.

    Advice to ManagementAdvice

    Very negative managers, district managers, and regional presidents. The customer service piece is very important but management shouldn't be treating employees with disrespect to try and get results in other areas. If people were more positive and supportive this would be a great company to work for.

    No opinion of CEO
  11.  

    Not as exciting as technology at a startup, but overall a good place to work for corporate technology.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Wells Fargo

    Pros

    There are many talented people in technology within Wells Fargo. There is a growing recognition among executive management in the need to invest in technology for the future of the business. Wells Fargo does an excellent job of promoting strong ethical values, putting the customer first, and valuing the employee. Even during mergers in which job cuts are needed, every effort is made to place existing employees in other departments.

    Cons

    The sheer size of the organization and the bureaucracy that comes with a highly regulated banking environment can be frustrating for a technologist. The pace is deliberately slow. You will not be working with bleeding edge tools here. The HR hierarchy is fairly rigid and career growth can be difficult. This is the downside of the stability offered.

    Advice to ManagementAdvice

    There does not seem to be much opportunity for star performers to be recognized and moved up to significantly new levels of responsibility. The organizational structure is so large and fairly rigid that career growth within Wells Fargo seems to come mostly from department hopping. The rewards for star performers are not significantly different from the rewards given to middle performers which tends to sap motivation and create a "good-enough" culture.

    Recommends
    No opinion of CEO

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