Wells Fargo Reviews

Updated August 29, 2015
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3.3
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Recommend to a friend
Approve of CEO
Wells Fargo President, CEO, and Director John G. Stumpf
John G. Stumpf
52 Ratings

Pros
  • They sometimes care about work/life balance (in 283 reviews)

  • good benefits a great company to move up (in 488 reviews)

Cons
  • Sales goals that must be met whether the customer wants or needs the products (in 565 reviews)

  • Management does not have much of a work life balance (in 138 reviews)

More Pros and Cons

92 Employee Reviews

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  1. Fraud

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT
    Recommends
    Positive Outlook

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

    Pros

    If you are looking for a challenge in an ever-changing environment - this is your company! Lots of growth opportunities!

    Cons

    no cons as a company


  2. Wells Fargo Adventure

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Project Manager in Salt Lake City, UT
    Former Employee - Technical Project Manager in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I worked with incredible people. My team was awesome and very helpful.

    Cons

    There are too many individuals in management roles that have no people or true leadership skills.

    Advice to Management

    Be more careful when placing folks in leadership roles. Just because they have many years and knowledge does not mean they have leadership skills as well.


  3. Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker I (SAFE) in Salt Lake City, UT
    Former Employee - Personal Banker I (SAFE) in Salt Lake City, UT
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good pay with nice bonuses. fun environment at times, good training opportunities quality discounts

    Cons

    The sales pressure can be extensive at times, poor middle management as they tend to promote people who stay and the salary is not high enough for great talent.

    Advice to Management

    Pay managers better so you can promote higher quality managers that can better train your employees


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  5. Business Banker

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Relationship Manager in Salt Lake City, UT
    Former Employee - Business Relationship Manager in Salt Lake City, UT
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time

    Pros

    Good selection of products. Full service bank

    Cons

    Sales goals that are unrealistic. I had a call from an angry company CEO that had opened a checking account and had received an unwanted debit card. He didn't want anyone using a debit card to access the corporate account. The person that opened the account had ordered the card so he could get two product sales rather than one. It was not a great start for the relationship. Management is always trying to fix things that are not broken. Stupid promotional gimmicks that employees were expected to participate in. Annually they provide stuffed horses to bankers who are expected to hand them out as favors. I had to take a stuffed animal to a CEO of a major corporation as a thank you for his business. He looked at me like "what the hell is this". I was expected to report the on the success of this project which was another waste of time. Management is very inconsistent. There is always something "extra" to do. Just let employees do their jobs without the distractions. FYI tellers are expected to sell 7 products each day. Try cashing a $10 check without getting a sales pitch. It won't happen. They discriminate against higher paid experienced employees. In my department they fired 3 out of 4 experienced senior relationship bankers and replaced them with 30 year old kids at lower saleries. The person that replaced me hand not paid a personal visit to my largest client 6 months after he took over my portfolio. The client was offended. Stepping over dollars to pick up pennys. There is a huge turnover. After 1 year I had seniority over half of the bankers in my department. Finally, all ideas come from the top down. Suggestions for improvement from non-management employees are ignored. Management is actually offended if you raise an issue. I pointed out that they were overcharging for Attorney Trust accounts and just about got fired.

    Advice to Management

    Stop trying to fix things that are working well. At least consider suggestions from employees.


  6. Helpful (1)

    Bank Telle

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in Salt Lake City, UT
    Current Employee - Bank Teller in Salt Lake City, UT
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Great starting pay. Med, Den, and Vision are great with the company. PTo and holidays paid for.

    Cons

    Very demanding in sales, atmosphere very hard to work for on certain situations


  7. THE BEST

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trader I in Salt Lake City, UT
    Former Employee - Trader I in Salt Lake City, UT
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    Great Place to work. Great Benefits

    Cons

    Very difficult to move up in the company.

    Advice to Management

    Give more credit to lower management.


  8. Best part time job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Salt Lake City, UT
    Former Employee - Teller in Salt Lake City, UT
    Recommends

    I worked at Wells Fargo (Less than a year)

    Pros

    Good training, excelente atmosphere . flexible schedule.

    Cons

    Tellers are hired only for part time, hard to increse the working hours, if you need a full time this is not the right place.


  9. Helpful (1)

    Bonus Structure

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Specialist in Cottonwood Heights, UT
    Current Employee - Business Specialist in Cottonwood Heights, UT
    Recommends
    Neutral Outlook

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

    Pros

    They provide excellent training in any field.

    Cons

    The bonus structure has been reduced considerably.


  10. Politics politics politics

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - International Center in Salt Lake City, UT
    Former Employee - International Center in Salt Lake City, UT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    If you love sleeping with your boss to get into a better position then this place might be for you.

    Cons

    Management is awful, benefits are sub-par, salary is what you'd expect as a high school graduate.

    Advice to Management

    Stop sleeping with your employees.


  11. Helpful (1)

    Tough Job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Salt Lake City, UT
    Former Employee - Financial Advisor in Salt Lake City, UT
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    They pay for your licenses. Ok pay while you get your licenses. decent benefits and 401k matching. Nice facilities

    Cons

    you have to work a ton of hours to build your book from scratch. Your salary diminishes over time until you are purely commission

    Advice to Management

    give them time to build their book before cutting off the salary. Provides some leads to help build a book.



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