Wells Fargo not for me -working in credit - Credit Manager Wells Fargo Employee Review

2.0
Jul 31, 2008
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is a big company that is one of the main reason to work for it, you can always transfer to another division or area (given that you have worked in your current post for at least six months). Wells Fargo offers great vacation/ days off system by not listing any days as presonal/sick.vacation but all are categorized as personal days and if not used can accomulate. Compared to other companies it has a good vacation plan. 401K plan from this copmpanyhas many investement options. Health insurance is graeat with many options avalable.

Cons

I have worked for two locations, unfortunatelly i started in a a bad one and it burned me out too quickly. Management presured staff to oversell products to costumers that didn't really need the products. Wells Fargo Financial specifically deals with subprime customers. The downside of working was the pressure to get more sales from a very limited base of customers (regional) given that Wells Fargo has many branches in the area. Management wanted employees to put extra time- from our personal time to get more calls to customers in the evening or morning. When hired was told about the extra money being made by selling its financial products and how to maximize them... and even assured by some employees that work there, the problem was the market was already overselled so all the time I worked there never made any extra money for selling an products... or saw a person who did get extra. Well the chance is there (or was) if the market wasn't oversaturated with competition with other financial institutions and the same Wells Fargo (thru other branches and its other divisions)

Explore other reviews about Wells Fargo

5.0
May 20, 2026
Recommend
CEO approval
Business Outlook

Pros

Good pay and solid company

Cons

Layoffs and RTO culture are stressful

4.0
Dec 1, 2014
Recommend
CEO approval
Business Outlook

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!

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