Wells Fargo - Good company, but politics and procedure are king | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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"Good company, but politics and procedure are king"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Neutral Outlook
Approves of CEO

I have been working at Wells Fargo full-time

Pros

Stable company with many opportunities
Flexible work options

Cons

Politics come in to play quickly
Salary growth is locked by corporate policy. In most areas, you are set to standard bands for salary growth.
Little effort on employee retention

Other Employee Reviews for Wells Fargo

  1. "Gets worse every year"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Minneapolis, MN
    Current Employee - Anonymous Employee in Minneapolis, MN
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Wells Fargo compensates their high-level IT engineers very well, and depending on your group can be very generous with telecommuting options. It's also nice knowing that, with such a big company, that your job isn't going anywhere anytime soon.

    Cons

    The company culture continues to degrade and get worse every year. Their health care plan is a complete joke, requiring employees to spend upwards of $10k/yr before they even chip in a dime. I know people who are still paying off medical debt over a year after they incurred it. These sorts of behaviors show that company cares less and less about its employees with each passing year.


  2. "Very solid and consistent company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Set themselves up for a great future. Very consistent approach to doing busy. Gives good training to young employees and sets them up for future in the bank. Lots of lateral mobility opportunities

    Cons

    Lot of regulation work due to new laws. Not the most exciting job you can have. You won't always be able to compete with other banks when the markets pick up since they aren't super aggressive.

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

See Most Recent

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