Wells Fargo Reviews

Updated April 25, 2015
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3.2
8,112 Reviews
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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,982 Ratings

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 Pros and Cons

Employee Reviews

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  1. Helpful (68)

    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)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    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 Management

    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.

  2. Decent pay, structured environment, excellent training

    • 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 (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Most training I've received at any position, great trainers and good learning environment. Name recognition is good for business. Great opportunity for growth and advancement. If you work hard, it will be recognized. Great hours.

    Cons

    Pay is mediocre to decent and there is a lot of turnover but some of that is due to very high standards and the average employee may not measure up. If you don't want to work hard and ethically, you won't last, if you have strong ethics and appreciate a structured environment, you'll do well.

    Advice to Management

    Don't make things more complicated than they need to be. You can adhere to regulations and keep a good hold on things without making things so complicated that you turn off the "good ones". I truly enjoyed my time there, only quit due to relocation and life changes.

  3. Great career

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

    I have been working at Wells Fargo

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Bonus can double the salary.
    Lots of opportunity for growth.
    Extensive training that develops asking skills.
    Sit downs with managers to determine growth direction.
    Overall great place to have an career...

    Cons

    Sometimes sale referrals aren't quality.
    But no complaints other then that.
    It just means u have discover a customers need.

    Advice to Management

    Keep up the good work!

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


  5. Good place to work

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Lots of opportunity. Good pay/benefits. Great focus on community and volunteerism.

    Cons

    Lots of bureaucracy. Pretty much a boy's club at the top.

  6. This has been a great company to work for. Management truly cares about the employees.

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    A big pro is the people you work for and with. They promote a friendly atmosphere. Management is committed to help you reach your goals, even if it isn't with your current like if business.

    Cons

    As with many companies today, staffing is thin with no real insight as to when that will change. In the meantime, late nights can be expected.

  7. Managing Director Financial Institutions Investment Banking

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo full-time (More than 10 years)

    Pros

    A very well managed enterprise

    Cons

    More of a US-centric business orientation than major competitors

  8. Good company, great opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Home Mortgage Consultant in Fort Worth, TX
    Former Employee - Home Mortgage Consultant in Fort Worth, TX

    I worked at Wells Fargo full-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Positive work environment, supportive management, extensive training, career advancement opportunities, strong work-life balance, good company culture, great benefits

    Cons

    Fast paced, big, competitive company, very much sales oriented, not a fit for everyone

    Advice to Management

    Keep on hiring and developing young talent

  9. Senior Risk Management Consultant

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great human resource management according to best practices
    Cares for employees
    Good retirement plan
    Great work environment
    Conservative management that maintains stability

    Cons

    Cubicles are a widespread norm; this may be noisy for brainy analytics professionals

    Advice to Management

    Keep up the good work!

  10. Solid Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems QA Analyst II in San Francisco, CA
    Current Employee - Systems QA Analyst II in San Francisco, CA

    I have been working at Wells Fargo full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The work is not incredibly difficult but is challenging enough to not get bored. The people are all pretty much great, never had any problems. It's very easy to develop and move around within the company whether it be pure promotion or keeping your role but with a different group or leaving your role and group entirely. It's also a safe company where I have no fears of being laid off.

    Cons

    Work can become redundant and if you're too efficient it can get boring if you don't seek out more varied work or projects.

    Advice to Management

    Can't really advise management in any way. They're fully engaged, friendly and accommodating.

  11. great job

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    fast-pacing career opportunity. friendly work atmosphere. Great company for ambitious persons, but if you want to get an increase- leave the company and then come back

    Cons

    miserable increase in salary when you get promoted within the company. no more than 10% In order to get really good deal, you need to be hired externaly

    Advice to Management

    value your skilled high-performing employees and give them a rise instead of hiring new people that used to work at Victoria's secret store

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