Wells Fargo

  www.wellsfargo.com
  www.wellsfargo.com

Wells Fargo Reviews

Updated December 17, 2014
Updated December 17, 2014
7,092 Reviews
3.2
7,092 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,546 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.  

    Don't work here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Online Customer Service Representative in Concord, CA
    Current Employee - Online Customer Service Representative in Concord, CA

    I have been working at Wells Fargo full-time (less than an year)

    Pros

    There are no pluses to working here.

    Cons

    There are too many to mention.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    workplace violence and bullying

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations and Technology in Chesapeake, VA
    Former Employee - Operations and Technology in Chesapeake, VA

    I worked at Wells Fargo part-time (more than an year)

    Pros

    there are no pros here!

    Cons

    bullying, workplace violence, bigotry, not an eeoc employer. They don't believe in that!!

    Advice to ManagementAdvice

    When an employees seeks help for workplace conflict, LISTEN AND ACT!!!!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    No work life balance :(

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

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

    Pros

    This is really nothing worth mentioning in my experience

    Cons

    low pay, low morale, multiple levels of managers, favoritism

    Advice to ManagementAdvice

    Focus more on your team members and front level managers and the outcome/profits will significantly increase

    Doesn't Recommend
    Neutral Outlook
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  5.  

    Not worth it

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

    I worked at Wells Fargo full-time (more than an year)

    Pros

    Banker's hours - that's it

    Cons

    Absolutely no loyalty to the workers
    Micromanaging to the utmost exponential degree
    Unrealistic expectations
    Stress not worth the pay

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Terrible 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

    Pros

    They had good Benefits in the past

    Cons

    Everything else, I can't find anything positive

    Advice to ManagementAdvice

    Look at the reasons why there is such high turn over. Sales expectations are beyond any logic.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Personal banker

    • 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 people you meet and salary they pay if you stay long enough

    Cons

    Everything, no respect, forced to meet sales goals, and watching everyone quit or get fired for no reason, or stupid reason if any. Employees not really caring what the customer needs just trying to meet numbers and many customer recieve fee or worse when they didnt need in first place. No sympathy for anyone

    Advice to ManagementAdvice

    Train any management/ leader who is only about sales... cause they are the ones who push to do everything unetical and treat everyone like crap. Thats why so many really good people quit

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    RUN

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

    I have been working at Wells Fargo

    Pros

    good pay, decent benefits, okay co wooers

    Cons

    Sales sales sales.. thats all they care about! If a client already has a checking account, no worries give them another. Oh they don't have a credit card? Make sure they apply for one. They could care less about their clients financial needs.

    Advice to ManagementAdvice

    Stop micromanaging, start listening and stop pushing product.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Very very slow!!!

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

    I worked at Wells Fargo as a contractor (less than an year)

    Pros

    - Pays well
    - technology processes are good and matured
    - Some people are very pleasant to work with

    Cons

    - They are extremely slow!! Its hard to imagine how insanely slow they are until you work for them. They take forever to get projects approved. And once approved they find out that they are out of funding or the projects are outdated or there are competing projects. As a result projects get cancelled or they need to be restarted. They waste a lot of money in these project approval processes. This does not happen to one or two...many many projects are like this
    - A lot of unnecessary meetings with a lot of people (sometimes 30+)
    - People sitting in the management level have old school mentality. They have been working for the company for a long time. As a result, no drive
    - A lot of talk. No execution
    - Power abuse by some managers
    - No innovation
    - Very slow culture

    Advice to ManagementAdvice

    - Plan/communicate well. You will be able to detect competing projects early on and establish some kind of time commitment. Projects should not take forever to complete
    - Hire smart people and keep them engaged
    - Promote/hire people carefully. You don't want to have managers who abuse power

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    Success can depend on location...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Sales & Service Representative in Philadelphia, PA
    Former Employee - Customer Sales & Service Representative in Philadelphia, PA

    I worked at Wells Fargo

    Pros

    Client relationships and reputation in banking

    Cons

    Retail banking is very sales driven and depending where you are, it may be difficult to offer certain products to the typical client. Some people take an unethical tack so it can be very discouraging.

    Doesn't Recommend
    Disapproves of CEO
  11.  

    It's all about sales

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Teller in Ellicott City, MD
    Current Employee - Teller in Ellicott City, MD

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

    Pros

    They have very good benefits

    Cons

    long hours
    Sales pressure
    Hard to get promoted unless you are the managers favorite.

    Advice to ManagementAdvice

    I've seen a lot of hard working employees get fired for things that other people get promoted for. Pay attention to good employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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