Wells Fargo Reviews

Updated October 30, 2014
Updated October 30, 2014
6,790 Reviews
3.2
6,790 Reviews
Rating Trends

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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,400 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

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  1.  

    A company that cares about the employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Frederick, MD
    Current Employee - Anonymous Employee in Frederick, MD

    I have been working at Wells Fargo

    Pros

    - Wells Fargo truly cares about the employee.
    - Can work at home based on your need.
    - Time off is given when you need it.
    - Excellent Benefits with at least 6 different medical plans to choose from.
    - Management is very understanding and sensitive to what is happening in your personal life.
    - Everyone is cross trained on multiple jobs.
    - Knowledge is shared.
    - Excellent communication from the top all the way down.
    - Plenty of room for advancement and professional growth.
    - They find a position that meets your skills and leverage the best out of you.

    Cons

    - Inter-Department communication on deployment changes to employees and customers needs some work.
    - Low on desk space. Some employees are using huddle rooms as offices.

    Advice to ManagementAdvice

    Thank you management for caring about the individual who works for your company. Thank you for having corporate responsibility towards the community.

    Recommends
    Approves of CEO
  2. 3 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
  3. 1 person 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
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  5. 1 person found this helpful  

    Great experience with amazing opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker I in Tucson, AZ
    Current Employee - Personal Banker I in Tucson, AZ

    I have been working at Wells Fargo

    Pros

    Wells Fargo trains all of its employees and really ensures that you provide the same customer experience every time. There is definitely room to grow if you are able to sell the products and services. There are amazing benefits such as PTO, holiday pay, bonuses, and perks with the company. Reputable brand that ensures that most customers will be completely ecstatic to come in and see you

    Cons

    Tough for non sales oriented, high pressure environment to hit numbers and be competive in the workplace. Decent wages, but should be more for the 5 - star level service that is forced to provide to every customer.

    Advice to ManagementAdvice

    Management has been great, they have their managers as well so there is no real heiarchy issues at the branch level.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person 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
  7. 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
  8.  

    Great job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Process Systems Consultant in San Antonio, TX
    Current Employee - Business Process Systems Consultant in San Antonio, TX

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

    Pros

    Changes for advancement, classes available, ability to work from home, great benefits, ability to do volunteer work during working hours, hires consultants as permanent employees

    Cons

    The salary could be higher, have to work late hours with no compensation since it is salaried, could give employees with poor credit ability to take loans

    Advice to ManagementAdvice

    Give your employees that work hard the benefit of the doubt and allow them to take loans even if credit is not great.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Wonderful. They are very interested in your growth within the company and love to hear best practices that we use, and they give really good feedback.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Banker I (SAFE)
    Current Employee - Personal Banker I (SAFE)

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

    Pros

    Salary is great. The seminars to learn how to overcome objections on products are wonderful. It is a company that invests a lot in their employees' career path. You could start off as a lead teller working 20hrs a week on 10/hr to being a store manager making 70k+ in a matter of 10 years. Maybe even less. Without a college degree.

    Cons

    Goals are set high. You have to generate your own business through outbound calls made to customers even non customers.

    Advice to ManagementAdvice

    Wow events were something I looked forward to before even working here. It's sad that I'll never get to experience one since they are no longer having them.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Great work

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

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

    Pros

    Great managers, very good training and amazing co-workers

    Cons

    Nothing I could think of

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Good employer

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

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

    Pros

    good pay. decent benefits and work-life balance okay.

    Cons

    no major complaints. healthcare offerings could be better.

    Recommends
    Neutral Outlook
    Approves of CEO

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