Wells Fargo Reviews

Updated March 28, 2015
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3.2
7,862 Reviews
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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,912 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. 58 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. 1 person found this helpful

    Positive experience

    • 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 a year)

    Pros

    Get to work with a lot of great people on your team
    Geographically diverse teams

    Cons

    Health and other benefits (including paid time off) don't start immediately. Creates hardship for people.
    401K matching doesn't start for a year, and then is done on a quarterly basis instead of monthly.

    Recommends
    Positive Outlook
    Approves of CEO
  3. Although Wells Fargo is a very large company, if you prove you can add value and be dependable, you will get noticed.

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

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

    Pros

    -Strong reputation within the industry as well as from an external perspective when compared to other financial services firms
    -Quality benefits including a range of health insurance options that allow you to choose an optimal plan, great company match policy for 401(k), and a range of internal resources for career development
    -Nationwide footprint offers potential opportunities in almost any region one desires
    -Company culture, diversification, and community involvement are promoted through actions, not just words

    Cons

    -Compensation seems marginally below the competition, which possibly is a result of the quality benefits
    -Lack of cutting edge technology and almost seemingly focused on short-term costs vs. long-term benefits in regards to technology

    Advice to ManagementAdvice

    Be more willing to invest in technological advancements to provide teammates with the tools needed to excel as well as meet client requests

    Recommends
    Positive Outlook
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  5. 1 person found this helpful

    It was Great, with top of the line technology, good loan product, good processor, and always good environment.

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

    I worked at Wells Fargo

    Pros

    High tech technology, good pay, Good office enviroment

    Cons

    All you need is Hard work

    Advice to ManagementAdvice

    keep up with good work

    Recommends
    Positive Outlook
    Approves of CEO
  6. Project Manager for Internal Graphics Department.

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

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

    Pros

    Excellent pay, benefits. Incredibly supportive community that aims to leverage one's strengths.

    Cons

    The company is almost TOO big. Offers little room for personal expression.

    Advice to ManagementAdvice

    Be more appreciative of the work that people do.

    Recommends
    Positive Outlook
  7. BBG RM review

    • 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

    BBG provides great opportunity for training and opportunities to move up. Great support staff and customers.

    Cons

    Working with retail, pulled in 20 million directions, and all the reporting

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. It was a great experience.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    Great people, opportunity for return offers.
    Wells loves continuity and recruiting early is part of the way they decided to do that for me.
    Welcoming

    Cons

    Charlotte isn't that great
    Compensation isn't as high and some peer banks
    Could offer more help with housing

    Advice to ManagementAdvice

    Continue doing what you're doing
    Create more diversity initiatives

    Recommends
    Positive Outlook
  9. Fun place tow work at. Lots of experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - ABM in San Ysidro, CA
    Current Employee - ABM in San Ysidro, CA

    I have been working at Wells Fargo

    Pros

    There are several pros. Too many to list.

    Cons

    I didn't experience any cons

    Advice to ManagementAdvice

    Keep on doing what you are doing!

    Recommends
    Positive Outlook
    Approves of CEO
  10. I love it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Licensed Personal Banker in Huntington Beach, CA
    Current Employee - Licensed Personal Banker in Huntington Beach, CA

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

    Pros

    Quickly move up the company

    Cons

    Pay somewhat less compared to other banks. Use of scripting.

    Recommends
    Positive Outlook
  11. Overall Happy - Good People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operational Risk Consultant IV in Chicago, IL
    Current Employee - Operational Risk Consultant IV in Chicago, IL

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

    Pros

    Wells Fargo has great branding and a great reputation.
    The Pros for my position were flexible work hours, teleworking as needed, and I had the technology and tools to perform my job. I had a great team of people although toward the end it got top heavy with too many managers and not enough change and improvement.

    Cons

    Too big to really get a feel for all lines of business. You'd think that there would be a lot of opportunity to move and advance, but there isn't. At least not in the IT / Infosec world. Didn't feel like there was a career path for me. All the internal job postings are a waste of time because the hiring manager already has someone they know in mind.

    Advice to ManagementAdvice

    Provide more career growth, actually implement a development plan. HR needs to get involved with the internal job postings more and less on the hiring manager. They can't be playing favorites like they do. Ultimately I got more interest in my resume externally than internally even though I was more than qualified for the positions that I applied for. It's bad when you lose good talent.

    Recommends
    Positive Outlook
    Approves of CEO

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