Wells Fargo

www.wellsfargo.com
Employer Engaged

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. 46 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
  2. 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
  3. 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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    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
  6.  

    Data Analyst or Marketing Database Consultant 1

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Analyst in Walnut Creek, CA
    Current Employee - Data Analyst in Walnut Creek, CA

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

    Pros

    laid back, good bonus, 6% 401k match, 23 business days off including sick

    Cons

    not enough growth within my department

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    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
  8.  

    Technical project manager

    • 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

    Good experience on financial applications, processes identified and documented

    Cons

    Bureaucratic hierarchy, not following agile
    18 mo employment cap for contractors sucks

    Advice to ManagementAdvice

    Open lines of communication, get rid of 18 mo rule for contractors

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Great company, great people

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

    I worked at Wells Fargo

    Pros

    Great benefits, work/life balance, great people

    Cons

    HUGE, hard to navigate, takes a long time to learn the ropes and business

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    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
  11.  

    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

Work at Wells Fargo? Share Your Experiences

Wells Fargo

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.