Wells Fargo

  www.wellsfargo.com
  www.wellsfargo.com

Wells Fargo Reviews

Updated December 22, 2014
Updated December 22, 2014
7,129 Reviews
3.2
7,129 Reviews
Rating Trends

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Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
3,563 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

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  1. 1 person found this helpful  

    Summer Internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Bozeman, MT
    Current Employee - Intern in Bozeman, MT

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

    Pros

    Great access to management, RMs, and BAs.

    Cons

    No formal structure for interns to work and learn from.

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Looks out for their employees

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    Generous paid time off, compassionate workplace

    Cons

    Training could have been better

  3. 7 people found this helpful  

    I loved working for this company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Personal Banker I in Mesa, AZ
    Former Employee - Personal Banker I in Mesa, AZ

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

    Pros

    Excellent employee benefits! It feels great to work for a company that has made a very respectable name for itself.

    Cons

    Caution - If you do not like intense sales pressure you would not enjoy working on the retail side of wells fargo. This is at times a "con" because too much sales pressure can lead to an unethical work environment and culture.

    Advice to ManagementAdvice

    I would recommend that you constantly reward your employees who do well on a consistent basis! As a manager. i think i would value consistency very much from my employees. If they are a consistently high performing employee it does no good to harass them on the one of two days they do not perform well. I think this is ineffective and a counterproductive tactic because it can discourage that employee, make them feel as though their consistent performance is not appreciated, and can therefore create a subtle resentment towards their manager. I think it is better to focus on the employees who are not performing up to standards.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Private Client Associate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Client Associate in Yardley, PA
    Former Employee - Private Client Associate in Yardley, PA

    I worked at Wells Fargo

    Pros

    Great career for entry level or someone looking to do basic financial services and get a little into everything

    Cons

    No room for growth, head quarters is in Missouri

    Advice to ManagementAdvice

    Find other avenues for growth.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Balancing Act

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

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

    Pros

    WF is such a huge company that work conditions are bound to vary widely from place to place. My experience has been that mgmt. USUALLY tries to balance work and life. Good benefits, typical of a bank. Usually a good atmosphere, but exceptions occurred.

    Culture is consistently presented. It is based on clearly stated values and presented in detailed, well-done online mandatory annual compliance training. But see below in advice to mgmt.

    I know several people who have worked at WF and also at the bigger place down the street. Without exception, WF is rated as a much better place to work due to atmosphere.

    Cons

    Like most banks, admin support disappeared years ago. Mgmt and rank-and-file alike have to do a lot of busywork which admins used to perform. (My director has to do that kind of trivia online? Yes.)

    If you are in a technical career path, you need to make your own way and not depend on days off to get training. Good luck on that.

    Mgmt does not always realize the work load of the employee or try to understand when one huge project might cause another pet project to slip. The door is always open, but somebody might not be home to answer the knock.

    Advice to ManagementAdvice

    Continue to avoid the risky bets that brought down Wachovia and other banks in 2008. The ongoing emphasis on capturing more and more customer dollars via continuous selling can really annoy customers.

    Recommends
    Positive Outlook
  7.  

    Good Experience and Environment but underpaid

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

    I have been working at Wells Fargo

    Pros

    Work atmosphere and the culture

    Cons

    Compensation amount for top employees

    Advice to ManagementAdvice

    More pay to best employees

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great customer service, very computer knowledgeable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Part Time Teller in Kennesaw, GA
    Former Employee - Part Time Teller in Kennesaw, GA

    I worked at Wells Fargo part-time (more than 10 years)

    Pros

    Meeting new people learning new sales opportunity.

    Cons

    Not knowing anyone right away

    Advice to ManagementAdvice

    Im know the banking world very well and im a fast learner of computers

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good experience builder

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Phoenix, AZ
    Former Employee - Vice President in Phoenix, AZ

    I worked at Wells Fargo full-time (more than 8 years)

    Pros

    Good benefits, training, and opportunities to learn different jobs.

    Cons

    Upward mobility can get stagnate

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Real Estate Asset Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Real Estate Asset Manager
    Former Employee - Real Estate Asset Manager

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

    Pros

    Great leadership, interesting and dynamic work, good work/life balance

    Cons

    a lot of structure and levels of approval

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great company to work for and there is opportunity for advancement

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo

    Pros

    The 401(k) matches dollar for dollar up to 6% and they have an employee stock purchase plan

    Cons

    None that I can think of except that the cost of the health insurance is increasing too much and their lowering the credits they provide.

    Advice to ManagementAdvice

    Add the employee discount back to the stock purchase plan

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