Wells Fargo Reviews

Updated April 1, 2015
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3.2
7,885 Reviews
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Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,916 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. Great company to work for

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

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

    Pros

    Diversity and Inclusion, Risk averse, learning opportunities (tons of them)

    Cons

    organization could be silo...Mostly defined by line of business.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Best large bank to work for...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Training Consultant in Minneapolis, MN
    Former Employee - Business Training Consultant in Minneapolis, MN

    I worked at Wells Fargo full-time (more than 5 years)

    Pros

    I have been in the mortgage industry for over 20 years, and have worked for a lot of different companies of various sizes. Thus far, Wells Fargo Home Mortgage has been the best large bank/national lender I have worked for.

    Cons

    The volatility of the industry does not provide a lot of job security right now, but that could be said of most mortgage companies.

    Recommends
    Neutral Outlook
  3. Great Company, Recruiters Unorganized

    • 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

    Great company culture, interviewer are very personable. Very professional.

    Cons

    Recruiting managers seem to be a bit unorganized at times.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. Great company crappy benfits

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

    I worked at Wells Fargo

    Pros

    Good vision and dental

    Cons

    Must work extremely hard for raises of staying in position

    Advice to ManagementAdvice

    Do manager reviews more often

    Recommends
    Positive Outlook
  6. Worse place of employment

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

    I have been working at Wells Fargo

    Pros

    Easy to change your schedule

    Cons

    Being forced to sell products by lying and trying to get a warm transfer to sells so you don't get emails all day from your manager about your numbers

    Advice to ManagementAdvice

    Care more about the customer not sales. This job is sales over service when it should be service then sales

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. Decent place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Team Lead in Minneapolis, MN
    Former Employee - Team Lead in Minneapolis, MN

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

    Pros

    The matching 401k was good along with the amount of vacation time.The lower level management was decent but the farther you went up the more obtuse they became.

    Cons

    The pay was not very good. Getting job opportunities outside your business line were near to impossible. The time they spent on helping you develop yourself was minimal, which I am sure is similar to other places but still worth noting.

    Advice to ManagementAdvice

    Treat your personal more than that they are cogs in the system. It felt that Wells did not care about the individual, again I am sure this is similar to other places but it would differentiate yourselves from others and foster a more loyal relationship.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. Wells Fargo Home Mortgage

    • 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 full-time (more than a year)

    Pros

    They provide a great deal of training and initial support. They have programs that help first time mortgage bankers get a good start.

    Cons

    They have one of the lowest commission structures in the business. The nature of the business itself is subject to market fluctuations that can claim a newbie early.

    Advice to ManagementAdvice

    They need to pay more in commissions and provide a base, not just a draw. They should consider at least covering more of the cost of local marketing.

    Recommends
    Negative Outlook
    Approves of CEO
  9. Good Company To Work For

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in Charlotte, NC
    Former Employee - Administrative Assistant in Charlotte, NC

    I worked at Wells Fargo

    Pros

    Good Company and Well Structured
    Great Benefits

    Cons

    Sometimes employees can get lost in the shuffle
    Really Beaurocratic when trying to get something done
    No clear path for advancement

    Advice to ManagementAdvice

    Have better way of structuring path of advancement for employees. Don't let them feel like they are stuck in a position. Provide training that is more financial services centered to provide licenses and training for all types of employees.

    Recommends
    Positive Outlook
    Approves of CEO
  10. Good for part time.

    • 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

    Meeting new people on a daily basis.

    Cons

    Heavily sales based. They will hound you to get people to open new accounts

    Recommends
    Positive Outlook
    No opinion of CEO
  11. Fantastic benefits, positive work environment, and a progressive culture wrapped up in red tape

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

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

    Pros

    Benefits are plentiful and generous, though they have declined since Wells fargo's acquisition of Wachovia. Still, WF offers some of the best benefits I've seen in a large corporation. Job opportunities are plentiful in this international company, especially in technology, where initial-hire salaries are very competitive.

    Cons

    In-house promotions result in small wage increases. To earn what you're worth after several years experience, you'll have to look elsewhere. Being the huge corporation that it is, the scope of most technology jobs is very small. Most developers, for instance, will spend all their time doing one thing and will have very little opportunity to explore new technologies.

    Advice to ManagementAdvice

    Promote in-house, and offer competitive wage increases on promotion. Your employees love the company, but it's difficult to remain here when opportunities abound outside the bank with better wages for similar experience.

    Recommends
    Positive Outlook

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