Wells Fargo Reviews

Updated October 24, 2014
Updated October 24, 2014
6,758 Reviews
3.2
6,758 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,383 Ratings

Review Highlights

Pros
  • The work-life balance is good and I was able to see a number of interesting deals (in 274 reviews)

  • They do have good benefits although they continue to degrade a little every year (in 469 reviews)


Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 540 reviews)

  • work- life balance very difficult with the stress management gives to produce (in 128 reviews)

More Highlights

Employee Reviews

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  1.  

    Good company to gain experience at with good people.

    • 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

    Since it is such a large organization there are many different roles you can play so a person can gain a lot of different experience. Also, the people there are for most part nice and try to help a person in their daily work. The company also tries to provide a good work life balance.

    Cons

    Since the company is so large now there is a lot of bureacracy with in the organization and multiple layers of people. It can be challenging at times to get things done. Also, with so many layers it can be hard at times to get decisions made.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2. 4 people found this helpful  

    Great Company overall

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consumer Loan Underwriter III in Jacksonville, FL
    Former Employee - Consumer Loan Underwriter III in Jacksonville, FL

    I worked at Wells Fargo full-time (more than an year)

    Pros

    Great training, benefits, managers. Lot of Overtime. Great Incentives.

    Cons

    When you get laid off they are not good at getting you into another dept.

    Advice to ManagementAdvice

    If you lay people off at least attempt to place your good workers in an another position instead of making them start over with the company

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    What to expect at Wells Fargo

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Banking Specialist in Spring, TX
    Current Employee - Business Banking Specialist in Spring, TX

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

    Pros

    A lot of opportunity to grow. 401k options are good. Array of products especially in business lending, are great.

    Cons

    In retail, relationship banking is not a priority, selling "widgets" are. Store mgrs are given a lot of autonomy, so they can be your best friend or worst enemy. So far two mgrs I have worked with, leave a lot to be desired. Health benefits just took a big turn for the worst in 2014.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5. 2 people found this helpful  

    Invaluable experience.

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

    I worked at Wells Fargo full-time (more than an year)

    Pros

    Relaxed work environment. Opportunities for growth; I was promoted within my first month employed. Benefits were good. Opportunities for overtime.

    Cons

    Upper management out of touch with those below them. Relaxed work environment led to some issues between personnel; gossip, slacking off, etc.

    Recommends
    No opinion of CEO
  6. 1 person found this helpful  

    Business Process Analyst, Contract Position

    Current Employee - Business Process Analyst in Saint Louis, MO
    Current Employee - Business Process Analyst in Saint Louis, MO

    I have been working at Wells Fargo as a contractor (less than an year)

    Pros

    Pleasant Team Members
    Good Employee Morale
    Good work environment
    Ammenities available to employees: 3 Cafes, A small store with dry cleaning, a coffee shop, ATM's, Fitness
    Good Climate control (yes that's weird but I'm never too hot or too cold at my desk)

    Cons

    Contractors are not included in team member communication, events, community events, etc...
    I didn't find out that Good Friday was a holiday until I came to work that day
    Little to No Training available to Contractors

    Recommends
  7.  

    Very positive experience, will stay with company for foreseeable future.

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

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

    Pros

    Starting employees get over 5 weeks PTO in first year. Lots of opportunities to advance. Many locations across the country to work. Ability to work overtime. Great company values. Lots of feedback from management about performance.

    Cons

    Low starting pay. Have to stay 1 year in your job after hire/advancement.

    Advice to ManagementAdvice

    Increase starting salaries to retain employees.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A lot of learning opportunities

    Former Employee - Summer Financial Analyst
    Former Employee - Summer Financial Analyst

    I worked at Wells Fargo full-time

    Pros

    The people are very friendly and easy to work with

    Cons

    A lot of acronyms and systems to learn

  9.  

    Good overall company.

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

    I worked at Wells Fargo part-time (more than an year)

    Pros

    Part time schedule, close to home, decent pay, decent time off, paid holidays, extensive training, stable job, good management, fun incentives.

    Cons

    Sales, sales, sales, loved the customer service aspect, hated having to sell everyone credit cards or other services they didn't need just to meet sales goals.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Great company to work for. Decent benefit and your work is being valued.

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

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

    Pros

    Great culture, excellent work-life balance. Mangers valued your hard work. Minimal management

    Cons

    Pay is lower than average and raise is not even catching up with inflation

    Advice to ManagementAdvice

    Pay more to your employees.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    a great place to start your banking career if your hungry for sales

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

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

    Pros

    great sales commission every quarter if you really work for it there is lots of money for the taking

    Cons

    the customer shopping can ruin your career her and others perception of your customer service if you don't get all fives every time you can mess up you commission for you and your whole branch the pressure will kill you if you if you let it.

    Advice to ManagementAdvice

    take into consideration how hard it is to get perfect scores in those costumer interaction while trying to sell and do transactions at the same time.

    Recommends
    Negative Outlook
    Approves of CEO

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