Wells Fargo

www.wellsfargo.com
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Wells Fargo Reviews

Updated February 27, 2015
Updated February 27, 2015
7,643 Reviews
3.2
7,643 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,809 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    one of a kind experience

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

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

    Pros

    great benefits and bonus structure

    Cons

    just because it works, does not always mean work effectively, need faster network

    Advice to ManagementAdvice

    hear your employees, and not just a few opions

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 45 people found this helpful  

    Cross Sell or Unemployment, Wells Fargo Only Wants Employees To Sell Customers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Wells Fargo (more than 5 years)

    Pros

    Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

    Cons

    Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

    Advice to ManagementAdvice

    Cross sell expectations are going to destroy the customers experience after all tenured employees are fired. All that will be left are employees that cross sell and could not resolve a true complex issue.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 4 people found this helpful  

    Great company to work for but pay is not the best.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    You control your own destiny based on your sales performance. Great to work for a company that encourages career growth. You can move up quickly in the company if you're motivated and hit your sales goals. You are compensated sales and service bonus's when you reach your goals. Great benefits including medical, dental, vision etc. Paid vacation and sick days. Offer 401K plan. Great training. You generally meet and work with great people.

    Cons

    Pay could be better. Pressure to sale can be overwhelming at times. Sales goals can be difficult to obtain. Micro management often occurs. Company over emphasizes providing customer service. Certain managers fail to develop their team members. Work environment can be cut throat at times because of the aggression to achieve sales goals

    Advice to ManagementAdvice

    Less micro management. Make sales goals a little more realistic. Increase salary

    Recommends
    Negative Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    It was GREAT before the merger happened with Wachovia.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo

    Pros

    In the Securities Investments Group it was the best--pre-merger. I learned a lot and had the opportunity to move up.

    Cons

    Wachovia management.......not senior management but rather the operational management. I was forced to move on because I was pigeonholed into my job and had no where to advance to.

    Advice to ManagementAdvice

    Value your people because you will lose good people!

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good company for professional development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Store Manager in Bismarck, ND
    Current Employee - Store Manager in Bismarck, ND

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

    Pros

    world class training, non stop challenges, lots of opportunity for advancement, decent pay, good benefits

    Cons

    a dog eat dog world. if you are at 100% of goal the question you will get asked is ""how are you going to get to 110% of goal?" if you are at 110% of goal you will be asked "how are you going to get to 120% of goal?" it can be exhausting to work there, nothing you do will be enough, can lead to burnout.

    Advice to ManagementAdvice

    none, they know what they are doing

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good benefits

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo

    Pros

    Flexible
    Empowering
    Team members
    Benefits
    Avalabilty

    Cons

    Low salary
    Hard to grow
    Lack of knowledgable sr mgmt

    Recommends
    Negative Outlook
  8.  

    Best company I have ever worked for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Store Manager
    Current Employee - Store Manager

    I have been working at Wells Fargo full-time (more than 5 years)

    Pros

    Largest bank in the world by market capitalization, great company with great benefits available to all employees. Competitive salaries with opportunity to make additional income through attainable sales incentive plans.

    Cons

    The politics can be overwhelming at times, ability to multitask is key as sales priorities change rapidly.

    Recommends
    Positive Outlook
  9.  

    Wells Fargo is a great company to work with, as a former employer, I love to come back to work with Wells, technically W

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Credit Manager
    Former Employee - Credit Manager

    I worked at Wells Fargo

    Pros

    Wells Fargo has the best training money can buy, the environment at every offices are very pleasant, workers are very friendly at Wells Fargo, commission are great, Wells Fargo, a great company to work with.

    Cons

    NO COMPLAIN more office every where

    Advice to ManagementAdvice

    Keep up with the good work .

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Wells Fargo

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    Location, Support, Community, place, days

    Cons

    time, money, hours, cash, salary

  11.  

    Business Banking Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    The company as a whole is good to work for.

    Cons

    work/life balance is very difficult

    Advice to ManagementAdvice

    Do not micromanage every single detail of our daily work.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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