Wells Fargo Reviews

Updated April 24, 2015
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3.2
8,108 Reviews
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Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,983 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

Sort: Popular Rating Date
  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. 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.

  3. 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

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


  5. 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

  6. 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!

  7. 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.

  8. 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

  9. CSSR POSITION

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Customer Service and Sales Representative in Sunrise, FL
    Current Employee - Customer Service and Sales Representative in Sunrise, FL

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

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

    Pros

    very fast paces and amazing benefits to work for wells fargo. all the leaders are encouraging and supportive to promote from within

    Cons

    there are really no downside to wells fargo. all the aspects are well rounded and other people don't really learn to appreciate what a good company they work for

    Advice to Management

    to continue to use the resources provided by the company to excel in daily goals and keep encouraging employees the way they have so far.

  10. Strategy Consultant

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo

    Pros

    Great company to work for

    Cons

    Loosing jobs in bay area

  11. great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Phone Banker I
    Current Employee - Phone Banker I

    I have been working at Wells Fargo

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

    Pros

    Great people and culture
    Hard work is rewarded

    Cons

    High turnover and frequent policy changes

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