Wells Fargo - This place is a joke | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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Helpful (1)

"This place is a joke"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Personal Banker in San Francisco, CA
Current Employee - Personal Banker in San Francisco, CA
Doesn't Recommend
No opinion of CEO

Pros

Steady hours, descent pay, good vacations benefits. Wells Fargo is overall, a great bank with good products.

Cons

Way too high and unreasonable sales goals. Its all about numbers. Numbers, numbers and more numbers. Thats all the company really cares about. They pretend to to be super nice to customers and care about how their weekend is going, when its all a fake act, when indeed there's strings attached. Managers literally make you feel as though your not doing your job if god forbid you, miss sales one day.

Advice to Management

Leave us alone, and let up with the pressure.

Other Employee Reviews for Wells Fargo

  1. Helpful (1)

    "Positive learning experience for better industry preparedness"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker I in Austin, TX
    Current Employee - Personal Banker I in Austin, TX
    Recommends
    No opinion of CEO

    Pros

    401k matching 1 to 1 upto 6%, great people to work around and very little monotony. Most of the time there is a positive work environment.

    Cons

    The high pressure for sales environment can eclipse the cultivation of a pure customer relationship experience. The "revolving door" epidemic of employees will prove to be most costly to the bottomline and ultimately prevent true customer relationship driven banking. Also, the constant pressures for new accounts inhibits future acqusitions. The entire month of January is "blacked out" for vacation times which sets a tone for what the company truly feels towards its employees.

    Advice to Management

    Slow down remember its about the people (customers and employees). Seek to cultivate an environment more condusive to all learning styles. A long term, relationship driven sales cycle focus will in the long term have a greater positive impact on the company's bottomline.


  2. "Stable and Stale"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Consultant in Salt Lake City, UT
    Current Employee - Client Service Consultant in Salt Lake City, UT
    Recommends
    No opinion of CEO

    Pros

    Stable place to work (operations, service), decent pay, good time off, low pressure work environment in non-sales roles. I enjoyed my co-workers.

    Cons

    Under-qualified over-paid managers, promotions seem to be mainly based on tenure for many areas, status quo thinking, defensive middle management that appear to be solely concerned with keeping their jobs

    Advice to Management

    Don't be afraid to shake things up. Get rid of middle managers who truly offer little additional value. Be more aggressive with technology and product development. Be more competitive with deposit product pricing/rates. Spread the wealth, ie bonuses and profit sharing more to the bottom.

There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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