Wells Fargo
3.1 of 5 4,929 reviews
www.wellsfargo.com San Francisco, CA 5000+ Employees

Wells Fargo Reviews

Updated Apr 15, 2014
All Employees Current Employees Only

3.1 4,929 reviews

                             

75% Approve of the CEO

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

John G. Stumpf

(2,709 ratings)

56% of employees recommend this company to a friend
4,929 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Work life balance is great with telecommuting option available"
    in 186 reviews
  • "Great benefits with plenty of PTO for a nice work/life balance"
    in 409 reviews
Cons:
  • "Sales goals that must be met whether the customer wants or needs the products"
    in 419 reviews
  • "No work life balance, very stressful work environment derived from upper managerment"
    in 95 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
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  • Approves of CEO

 

Great company to work for

Collections Team Lead (Current Employee)
Des Moines, IA

I have been working at Wells Fargo full-time for more than 3 years

ProsBenefits including 401K, health/dental/vision insurance, and tuition reimbursement. Great career advancement opportunities. Diverse work environment.

ConsSteps programs for raises and compensation need to be changed to allow equal opportunity for the broad range of jobs that are available within the company.

Advice to Senior ManagementTake time to get to know your subordinates on more than a business level.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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4 people found this helpful  

Challenging banker

Personal Banker I (SAFE) (Current Employee)
Atlanta, GA

I have been working at Wells Fargo full-time for more than 3 years

Pros401k match is great at 6% . PTO and vacation days are great. Benefits are great as well and it is easy to move up within the company because they tend to hire mostly from within.

ConsPressure from upper management is unrealistic. You need to have two checking acct appts at a minimum per day and in the Cherokee county district 3 credit card apps per day. Also, expectation is often unrealistic and you can't just expect to work here and sit in your office or desk and expect to get sales. The compensation bonuses are like 1000 max per quarter IF you go way above your quota which the way the market is, not a lot of ppl are hitting it. As a banker, don't expect to be offered more than 15.10 an hour and that is with experience. Turnover rate is absolutely appalling.

Advice to Senior ManagementDistrict managers need to quit trying to micromanage everything and making employees irritated because that's why turnover is so high.

– I'm not optimistic about the outlook for this company

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1 person found this helpful  

Private Banker

Anonymous Employee (Former Employee)

I worked at Wells Fargo full-time

ProsGreat company to work for if you are able to learn the products, work in team environment and able to hit your numbers. Great skill training. Room to grow

ConsSome of the goals are unreasonable to attain depending on the location you work at.

Yes, I would recommend this company to a friend

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Professional

Teller At Wells Fargo (Former Employee)
Greensboro, NC

I worked at Wells Fargo full-time for less than a year

ProsCustomers were great and so was the atmosphere

ConsManagement was lacking, and untrained supervisors made it difficult to do my job

Advice to Senior ManagementTrain at a higher level

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Strong culture of promoting within

Store Manager (Current Employee)
Dallas, TX

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

ProsWe have great management that truly lets you run your store as if it were your own business

ConsThe way customer service is evaluated is very arbitrary.

Advice to Senior ManagementKeep the focus on growing your employees.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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very learning

Lead Teller (Former Employee)
Annandale, VA

I worked at Wells Fargo full-time for more than 3 years

Prosadvancement with the right manager

Consthe more you do,less rewarded with some people ,not company ,company you keep

Advice to Senior Managementsome may think you after them

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Good company to work for in IT.

Programmer Analyst (Current Employee)
Winston-Salem, NC

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

ProsGood salary, benefits, work life balance.

ConsDownsizing when times get tough

Advice to Senior ManagementNA

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Mortgage Sales

Mortgage Loan Officer (Current Employee)
Charlotte, NC

I have been working at Wells Fargo full-time for more than 3 years

ProsStrong company, great marketing, leadership that leads the industry. Ability to move into different areas is always there. Training programs are impressive.

ConsCompensation not competitive. Have to pay your dues in order to earn. As with most large companies, shareholders come first. The appearance of customer service preached, but not practiced .

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Great company to work for if you can handle high sales pressure

Licensed Personal Banker II (Former Employee)
Las Vegas, NV

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

ProsOne of the most stable banks in the nation, excellent reputation, efficient business model, great benefits, such as 401 k match, Roth 401 k option, flexible vacation days, available resources, continuous education, etc.

ConsReally high sales goals, which results in high turn over, excessive reporting at all levels including conference calls, check lists, logs, etc.

Advice to Senior ManagementInvest in retaining talent, be more connected with your "front line", do not solely rely on the reporting system.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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A bank is a bank

Personal Banker I (SAFE) (Current Employee)
Provo, UT

I have been working at Wells Fargo full-time

ProsGood benefits and because it is such a large, well known bank, it is a great resume builder as well.

ConsEveryone says high sales pressure, and although that is true, I don't think it is as excessive as it is made out to be.

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Wells Fargo – Why Work for Us?

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores and more than 12,000 ATMs and the… Full Overview

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