Wells Fargo

  www.wellsfargo.com
  www.wellsfargo.com

Wells Fargo Reviews in Minneapolis-St. Paul, MN

Updated December 22, 2014
Updated December 22, 2014
7,127 Reviews
3.2
7,127 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,561 Ratings

Review Highlights

Pros
  • The work-life balance is good and I was able to see a number of interesting deals (in 283 reviews)

  • They do have good benefits although they continue to degrade a little every year (in 488 reviews)


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

  • work- life balance very difficult with the stress management gives to produce (in 138 reviews)

More Highlights

315 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Wells Fargo Home Mortgage is just the best out there that was able to challenge me each and every day.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Document Specialist in Minneapolis, MN
    Former Employee - Loan Document Specialist in Minneapolis, MN

    I worked at Wells Fargo

    Pros

    Everything was the best here. Loved every minute of my day with Wells Fargo.

    Cons

    I see no cons working for Wells Fargo

    Advice to ManagementAdvice

    Had great managers when I worked for Wells Fargo for over 10 years. I was able to learn so much knowledge from them where I could take it to the next level with my career.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great experience thus far

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Transfer Agent in Minneapolis, MN
    Current Employee - Transfer Agent in Minneapolis, MN

    I have been working at Wells Fargo

    Pros

    Working for a company with a proven track record.
    Enjoy the responsibility given and the diversity within the company

    Cons

    The starting salary is lower than average.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Insurance Representative in Eden Prairie, MN
    Former Employee - Insurance Representative in Eden Prairie, MN

    I worked at Wells Fargo

    Pros

    I really enjoy working here. It was a good experience and everyone I worked with was nice.

    Cons

    If you are temporary you can only work for 18 months if you are not hired on. Rarely anyone gets hired on, they just get a new temp.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Part Time Teller in Saint Paul, MN
    Current Employee - Part Time Teller in Saint Paul, MN

    I have been working at Wells Fargo

    Pros

    Good benefits. Very flexible. Easy to work for if you enjoy sales.

    Cons

    Always wants to make sure that you are on your toes about customer service. Customers can be rude to you management will take their side.

    Advice to ManagementAdvice

    Please make sure that you choose managers that are right for the positions based on everything and just not solutions.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  6.  

    Communicate

    Former Employee - Project Manager in Minneapolis, MN
    Former Employee - Project Manager in Minneapolis, MN

    I worked at Wells Fargo

    Pros

    Very nice, clean, business model and functions were very good.

    Cons

    The communication was bad. If someone needed or wanted something, it would not be communicated until the situation escalated.

    Advice to ManagementAdvice

    Work on communication

    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Company is great for first professional career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Service Manager and Other Positions Held in Minneapolis, MN
    Former Employee - Service Manager and Other Positions Held in Minneapolis, MN

    I worked at Wells Fargo full-time (more than 5 years)

    Pros

    learn professionalism with coaching consistantly.

    Cons

    once in retail, if youd like to persue different deparment, it almost impossible, they love to promote only in retail

    Advice to ManagementAdvice

    Dont make employees feel like numbers and stop promoting employess that you personally like but those who deserve it due to hard work

    Recommends
    Negative Outlook
  8.  

    Typical corporate America company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Retirement Service Representative in Roseville, MN
    Current Employee - Retirement Service Representative in Roseville, MN

    I have been working at Wells Fargo full-time (more than 8 years)

    Pros

    Benefits package that can potentially be very attractive. Good student reimbursement program and 401ks

    Cons

    Discrimination is at the highest level in this company. Minority do not have lots of room to grow. The pay rate for a minority doing the same job as a majority is totally different.

    Advice to ManagementAdvice

    Practice what you preach - treat your minority employees with respect and give them the same opportunity as the majority employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Mortgage Loan Officer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Mortgage Loan Officer in Minneapolis, MN
    Current Employee - Mortgage Loan Officer in Minneapolis, MN

    I have been working at Wells Fargo full-time (more than an year)

    Pros

    Great leads, resources, book of business, huge market share. Great place to get started as a mortgage officer

    Cons

    too many levels of management makes it very difficult to get things approved and loans done. 100% commission with a draw, if you have a bad month of two, makes it very difficult to get back on track.

    Advice to ManagementAdvice

    Offer stock options or larger bonuses to front line employees, such as tellers, bankers, mortgage officers, because basically everyone that is front line (the face of the business) and deals with the customers get very little pay, extremely small bonuses. Those positions also have teribly high turn over because of the pay issues, making it hard to build good relations between referral sources and customer satisfaction. Constantly new employees equal lots of issues. An annual bonus or something for them to stay aboard would be very beneficial to the entire company.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Client Services Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Consultant in Minneapolis, MN
    Former Employee - Client Service Consultant in Minneapolis, MN

    I worked at Wells Fargo full-time (more than 10 years)

    Pros

    Wells Fargo is an excellent company and, given the size of the organization, does an outstanding job of taking care of its employees at all levels. Excellent opportunities for career advancement within and amongst the different businesses and great support for continuing education.

    Cons

    As large a company as WF is, it is easy to get lost in the crowd if you do not go out of your way to network and connect, especially between business units. They do offer many opportunities and programs to help people overcome this, but if you are not willing to put in the time and effort, it may seem overwhelming to move up.

    Advice to ManagementAdvice

    continue to take the employee surveys seriously and listen to what they say. Communication is key in such a large organization, so error on the side of over communicating.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great company with great teams, projects and systems

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Architect in Minneapolis, MN
    Current Employee - Systems Architect in Minneapolis, MN

    I have been working at Wells Fargo full-time (more than 8 years)

    Pros

    Top notch senior resources; every technology one can imagine, including ongoing research and POCs into the latest technologies; managers are hit and miss - some are extraordinary; great training available if you land in the right unit and division

    Cons

    WF would have a 5-star rating but for compensation and opportunities for advancement. The compensation is based on unfair regional pay categories that do not necessarily differentiate between urban centers and rural areas ... one you reach a midpoint and you are the top classification for your job category, it can be very hard to change roles, forcing great employees to leave. The benefits are terrible. Tons of time wasted in meetings. The division you are in can be terrible in terms of management and opportunities ... bad stuff rolls downhill. It is easy to transfer divisions, but that means proving yourself all over again.

    Advice to ManagementAdvice

    Pay more. Rebel against HR to change the midpoint system or you are going to lose employees like me.

    Recommends
    Neutral Outlook
    Approves of CEO

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