Wells Fargo - Overall Good Company | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

"Overall Good Company"

Star Star Star Star Star
Current Employee - Applications SYSTEMS ENGINEER in Concord, CA
Current Employee - Applications SYSTEMS ENGINEER in Concord, CA

I have been working at Wells Fargo full-time (More than 3 years)

Pros

Reliable company
Good work atmosphere
Good 401k match
Good internal opportunities for growth or if interested in change
Good Senior management
Good brand name for the resume

Cons

Conservative in pay and some benefits

Advice to Management

None

Other Employee Reviews for Wells Fargo

  1. Helpful (2)

    "Game the system until you're promoted"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Fort Collins, CO
    Former Employee - Personal Banker in Fort Collins, CO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    The benefits package is very good, 6% match on the 401(k), good healthcare options. They do tuition reimbursement and promote from within.

    Cons

    Everything else. In the Retail Banking world, you're incentivized to be dishonest to the customer by selling on half-truths and out-right lies. The more you sell, the faster you're promoted. The faster you're promoted, the faster you lose your soul. Used car salespeople get a bad rap but they're nothing compared to your local Wells Fargo Personal Banker; especially if they have more than 6 months of tenure. Don't touch this company with a 10-foot pole!

    Advice to Management

    Foster an environment that promotes unity and ethics. Eliminate the insipid WOW! requirement and make it so when a customer gives you a 4 out of 5, it isn't the same as getting a 0 out of 5. Hold your employees to a higher standard of ethics and actually crack down hard on those that fail to adhere; rather than just providing lip service and doing nothing (they usually get promoted). There are many more, it's just too much to type!


  2. "Great people, OK salaries"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 5 years)

    Pros

    Great people work here, who really do go the extra mile. Seriously. Also, it's relatively politics-free, which is unusual for such a highly-regulated business. Becuase the business is all about whether you make your numbers or don't make your numbers, there isn't room for pushing responsibility for missed deadlines or incomplete projects off onto another person or team.

    Cons

    Salaries are well below industry average, especially on the non-sales side. Benefit plans are not great.

    Advice to Management

    Seriously look at investing into your current non-sales workforce, with increased salaries and bonuses. Sales teams are making more and more, through incentives and increased comp. Non-sales professionals are still being told there isn't any funding for higher salaries, even though we are making record profits.

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

See Most Recent

Work at Wells Fargo? Share Your Experiences

Wells Fargo
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or