Wells Fargo

www.wellsfargo.com
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Wells Fargo Reviews

Updated March 1, 2015
Updated March 1, 2015
7,651 Reviews
3.3
7,651 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,813 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

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  1. 4 people found this helpful  

    Just do your job

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

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

    Pros

    Fair pay
    Good Paid Time Off Program
    Access to health, vision, dental
    TONS of opportunity
    Extensive training

    Cons

    Incentive plan isn't quite as competitive as the rest of the industry

    To answer to some of the other reviews on here, the reality is DO YOUR JOB. People complain about sales and etc. It is the name of the job, Wells Fargo never lies about it, it is sales focused. But goals are manageable if you truly work, make calls and set appointments. If you can manage to just perform, advancement shouldn't be an issue.

    Side bar, my trainer had even mentioned in my initial training that when she was doing a large training class with a bunch of managers, all the managers remarked that they had seen people let go left and right for ethics violations but not one knew of an employee that was let go to non-performance on sales. This may vary by market I suppose, but it is true never the less that it takes a lot longer to be let go over performance than trying to unethically perform.

    Advice to ManagementAdvice

    I wish diversity was more inclusive. I really do enjoy working in a more diverse environment, but I feel that if your ideological beliefs don't fall in line with the gay pride movement, than you aren't truly a diverse person. I don't mind, and enjoy the perspective of all people, but I wish they acknowledge that even those who may not agree, or have ideological beliefs that are different are still an important part of diversity, and that by being so liberal in their thoughts it can be exclusive of other.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 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
  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
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  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.  

    great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Data Integrity Consultant in San Francisco, CA
    Current Employee - Data Integrity Consultant in San Francisco, CA

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

    Pros

    Good career opportunities for growth.

    Cons

    Salary not to industry standards

    Recommends
    Positive Outlook
  8. 1 person found this helpful  

    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
  9.  

    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
  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.  

    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

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