Wells Fargo - Excellent Learning and Development | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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"Excellent Learning and Development"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Customer Sales and Service Representative in Charleston, SC
Current Employee - Customer Sales and Service Representative in Charleston, SC
Recommends
Positive Outlook
Approves of CEO

I have been working at Wells Fargo full-time (Less than a year)

Pros

Management is focused on developing employees into excellent sales people, and most have been bankers within Wells Fargo (or Wachovia depending on where you are). My manager frequently offers immediate feedback on our customer interactions, both positive and negative, to help the team grow and learn. Compensation is reasonable and benefits are excellent.

Cons

It seems like Wells Fargo has pretty high turnover, which is to be expected in banking, but employees are moved up and around to different positions within the business very frequently. Also, though the on the job development is excellent, the actual training needs to be organized differently. Classroom sessions either need to be more in depth, or cut out completely.

Advice to Management

Please improve the training sessions. Sitting in a classroom and having other employees act as customers is not effective, and it wastes time. More time should be spent becoming comfortable with the software and products.

Other Employee Reviews for Wells Fargo

  1. Helpful (1)

    "Easy job, but pay is bad, and management inexperienced. No job security."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loan Document Specialist in Las Vegas, NV
    Current Employee - Loan Document Specialist in Las Vegas, NV

    I have been working at Wells Fargo full-time

    Pros

    Relatively easy job. Just sit at your desk and get your work done. Although some find it stressful, I didn't think so at all.

    Cons

    It seems upper management has no idea what they are doing in many aspects (business and personnel management. Like other large companies, you are just a cog in the machine.


  2. Helpful (1)

    "Corporate America......stable and mind numbing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Manager III in West Des Moines, IA
    Current Employee - Operations Manager III in West Des Moines, IA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 8 years)

    Pros

    Awesome PTO (4 weeks to start) allows for tons of time off, company matches 401k contributions $1 for $1 up to 6% and also contributes 2% of salary as profit sharing depending on company financials although this is almost a certainty given $15 billion + per year in profits. Lots of stability for high peformers as the company doesn't get rid of you if you're valuable. Lots of upward mobility potential. Good annual bonus potential (10-20% of salary) once in mid level management roles. Annua raises are very low (1-2%) since the recession in 2007....but higher performers generally get alittle more.

    Cons

    Honestly....this is the epitome of corporate america. It's a machine and the bureaucracy and red tape kills your ability to be efficient. Hundreds of emails dominate your day and picture yourself in cubical warehouses on never ending conference calls if you're in any type of management role. The government has created so much regulation, audits, and oversight on banks that it makes for absolute craziness as a bank employee trying to get anything done. Everything you do has to have 800 controls and quality assurance/compliance checks in place that it creates an environment that discourages innovation. Senior management is so afraid of negative public perception that e in a mere hint of reputational risk in any process makes them freak out when the reality is that all big banks are being sued every day and no one really cares. Wells Fargo is literally too big for its own good. It pays well (comparatively speaking for des Moines Iowa)....which kinda traps you into staying....... but its so mind humming that you have to continue trying to move into different positions every 18-24 months to keep from losing your mind.

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

See Most Recent

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