Wells Fargo - Company is only worried about gouging and profiteering!! | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

"Company is only worried about gouging and profiteering!!"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Customer Service and Sales Representative
Former Employee - Customer Service and Sales Representative
Doesn't Recommend
Disapproves of CEO

I worked at Wells Fargo full-time (Less than a year)

Pros

Got to learn first hand how banks really operate and after I did I got to tell them I quit.

Cons

- All this company is worried about is confusing people so they can collect fees.
(good example - Oh you need to open two checking accounts and two savings accounts because one will be your everyday group of accounts and the other group will protect you from fraud. In reality they know you will never use the accounts properly and this will allow them to charge you all kinds of fees).
- Be prepared to be a part time telemarketer.
- Horrible management - worked at a location that did not have a manager or assistant manager for over 3 moths. District Manager said she would be there to help if something came up. She was contacted by another employee for assistance and asked him to not waste her time (no joke read the email and the transaction involved wiring $250,000 for a customer that was not in the office which needed her approval).
- They say they offer incentive programs for top performers but the only people that make the quota are the same people you will see getting fired for unethical practices.

Advice to Management

I am not sure how you sleep at night!

Other Employee Reviews for Wells Fargo

  1. "Not worth the time out of your life"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Banker in Fort Worth, TX
    Current Employee - Business Banker in Fort Worth, TX
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Very competitive job place
    The pay is decent but still lowest paid in the industry next to places like woodforest and first convenience

    Cons

    don't care about family values or personal life
    doesn't care about the customer service issues

    Advice to Management

    look to hire better educated individuals. too often they are looking to get people with less and less education and it shows in the way their stores are beginning to be ran. Take more time to care about customers


  2. "loyalty to company and work life balance not valued"

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

    I have been working at Wells Fargo full-time

    Pros

    Good starter company if interested in getting your feet wet in the banking industry

    Cons

    company culture values sales production first and foremost if you have a family be warned this company does not value providing a work life balance for its employees write ups and termination are how they resolve these issues.

    Advice to Management

    This company offers a great starting point but in order to stop the huge turnover I would simply advise management to enact policy/requirements/resolutions that reflect a true appreciation and value for employees not the attitude of disregurd and termination that currently exists

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