Wells Fargo Reviews

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2.5
Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
4 Ratings

Pros
  • They sometimes care about work/life balance (in 283 reviews)

  • good benefits a great company to move up (in 488 reviews)

Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 565 reviews)

  • Management does not have much of a work life balance (in 138 reviews)

More Pros and Cons

4 Employee Reviews

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  1. Management is terrible

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in McLean, VA
    Current Employee - Analyst in McLean, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time (More than a year)

    Pros

    All of coworkers do not have college Degrees

    Cons

    Management doesn't utilize the experience of Their employees

    Advice to Management

    Lose some weight


  2. Helpful (1)

    Awful place to work

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Client Associate in McLean, VA
    Former Employee - Senior Client Associate in McLean, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Good pay, decent benefits. Good 401k plan. The other associates were mildly respectful of each other.

    Cons

    Immoral bankers, lax management, mostly bad supervisors, no career path, overly competitive atmosphere, long hours, very little fulfillment.

    Advice to Management

    The bankers needed to be better managed, so that the Client Associates don't bear the brunt of the work


  3. Helpful (1)

    It should come as no surprise

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker II – Registered in McLean, VA
    Current Employee - Personal Banker II – Registered in McLean, VA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time (More than 3 years)

    Pros

    They do like to promote from within, albeit at a lower pay scale than what they pay outside people to come in for but since turnover is abundant (see below) there are opportunities to be promoted.

    Cons

    This is place that only cares about sales numbers. Nobody cares how you make your sales goals as long as you make them. I've worked in aggressive sales environments and this place takes the cake. They push ethics but promote the opposite, at the end of the day you have to do what you have to do to hit your numbers otherwise you will be pressured and treated poorly by your manager until you quit or they can find a way to get rid of you. Google the lawsuits against the company by employees and believe that hype, this place is horrendous.

    Advice to Management

    Practice what you preach. Stop churning widgets that result in the company losing money and aggravating customers, your branches in the DC area all have quotes painted on the walls about courtesy and customer service but the reality is your retail branches, managers, and DM's only want you to sell everything under the sun so they can make a bonus regardless of whether it's in the best interest of the customer.


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  5. Poor

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Processor in McLean, VA
    Current Employee - Operations Processor in McLean, VA
    Approves of CEO

    Pros

    Benefits, Salary, work schedule, hours

    Cons

    Environment, management, lack of respect

    Advice to Management

    Treat your employees with respect



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