Wells Fargo

  www.wellsfargo.com
  www.wellsfargo.com

Wells Fargo Reviews

Updated November 19, 2014
Updated November 19, 2014
6,920 Reviews
3.2
6,920 Reviews
Rating Trends

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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,466 Ratings

Review Highlights

Pros
  • The work-life balance is good and I was able to see a number of interesting deals (in 277 reviews)

  • They do have good benefits although they continue to degrade a little every year (in 473 reviews)


Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 550 reviews)

  • work- life balance very difficult with the stress management gives to produce (in 130 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Provides opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Charlotte, NC
    Current Employee - Vice President in Charlotte, NC

    I have been working at Wells Fargo full-time

    Pros

    Good mentoring. Able to learn about multiple businesses. Good work life balance. Able to work from home if need be.

    Cons

    Once your working for them it's difficult to get salary & title bumps. Promises were made during the interview process. Make sure you understand exactly how you are able to move up. Hard work is rewarded verbally not always financially.

    Advice to ManagementAdvice

    Employees that have proven themselves should be given title & salary recognition. A title bump will improve the employees outlook on the department even without the salary bump.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 4 people found this helpful  

    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
  3. 1 person found this helpful  

    Mortgage Consultant

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

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

    Pros

    Good Commission, good environment, good leadership and lots of opportunity. There a lots of training opportunities available to sharpen skills.

    Cons

    need to remove some overlays, need to provide base salary to HMC as we still provide service and maintain wells book of business. I not salary just remove draw no point for it.

    Recommends
    Approves of CEO
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  5.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Intelligence Manager in Des Moines, IA
    Current Employee - Business Intelligence Manager in Des Moines, IA

    I have been working at Wells Fargo full-time (more than 10 years)

    Pros

    Great pay and great benefits. Culture is great and full of team players. Wells Fargo encourages your personal development and growth, which I really liked. They also encouraged you to seek new opportunities within the company as you developed so could be where you would add the most value to the company

    Cons

    20% of the people do 80% of the work but the annual compensation doesn't reflect this. Slow to address performance issues up and down the chain of command.

    Advice to ManagementAdvice

    Learn how to identify and address issues with management skill sets. Sub-par management can have an adverse negative affects on a functional area. Listen to people when they raise concerns about their managers. It's easy to put it off until later and even ignore it altogether, but you'll be happier in the long run if you take the hard steps to address concerns. I always took the time to address my people's concerns and I even had to manage someone through the performance improvement process which ended in my having to let that person go. It was a hard, painful and long process, but my team was much healthier in the end and still a strong presence after I took a new opportunity.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great place to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Banking Trainee in Anchorage, AK
    Current Employee - Business Banking Trainee in Anchorage, AK

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

    Pros

    Great training opportunity, move up quickly.

    Cons

    Railing against seasoned management, and social politics.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    Overall great Company but be aware of the culture of the particular group you join.

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

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

    Pros

    Fantastic Company. The head of corporate banking is a great mentor. Benefits are good. Great experience even if you choose to leave banking.

    Cons

    There is still a bit of an old boys club mentality amongst some of the middle management in certain groups.

    Advice to ManagementAdvice

    Wells is a great place to work in a lot of ways. Watch the attitude of some middle management.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Front-End Developer in San Leandro, CA
    Current Employee - Front-End Developer in San Leandro, CA

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

    Pros

    Very organized company. A lot documents sharing to show how the system is. You can find every part of each project

    Cons

    Don't have much work to do

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    It was an experience ride of knowledge learned.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wholesale Loan Administrative II in Houston, TX
    Current Employee - Wholesale Loan Administrative II in Houston, TX

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

    Pros

    I enjoyed my position helping my clients.

    Cons

    Only one challenge, the decision of relocating the job to Dallas, and not allowing the employees still keep their positions working in their current positions. The decision didn't make sense considering you hired more people after the layoffs.

    Advice to ManagementAdvice

    When you know you have good employees, don't lose them because their your money makers. Think strongly on the decisions you make on a business needs.

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    great place to work

    • 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

    Pros

    good pay, benefits and bonuses. The leadership structure is well organized. They offer an amazing PTO. Unity among coworkers. Also a great place to start a career.

    Cons

    Employees are expected to be aggressive in sales

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Tableau Developer/Administrative in Chandler, AZ
    Current Employee - Senior Tableau Developer/Administrative in Chandler, AZ

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

    Pros

    Very good company and well trimmed and team effort and co -operation is awesome. Its a company that gives me an opportunity to enhance my skills and talents.

    Cons

    Didn't find many cons. In fact its very difficult to point cons and disadvantages of the company. Life is a breeze here at wells Fargo and I am happy not to complain against the wonderful company i worked for.

    Recommends
    Positive Outlook
    Approves of CEO

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