Wells Fargo - Great place for people who want to work in one place, never move, and have balance | Glassdoor
There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

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"Great place for people who want to work in one place, never move, and have balance"

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

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

Pros

Most areas & managers allow flexible working hours and locations. Good time off benefits, 50% 401K matching and other small perks. Lots of "lifers" - people who have been here 10 - 25 years.

Cons

Over the last 5 years the company has been whittling away at the perks and benefits - no more subsidized food, less PTO, smaller merit increases, reduced space per employee - it's not as nice a place to work at as it used to be. Because so many people never leave, there's a bit of an incestuousness to the culture; many people are desensitized to the Wells culture because they've never really worked anywhere else.

Advice to Management

The little AND big things matter - give us a few nice perks and a pleasant atmosphere to work in and you won't have to compete as much with compensation. But, take away the little things and people will want more money.

Other Employee Reviews for Wells Fargo

  1. "Phone Banker"

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

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

    Pros

    unlimited overtime in phone banker coach position, discount on some services such as mobile phone bills, free or discounted services like money orders, team member bank accounts, stop payments,

    Cons

    underpaid, overworked, minimal perks, strict when it comes to what lengthy company mandatory dialogue, horrible & depressing workplace setting, getting graded on how client's feel about Wells Fargo's brand and it's products, policies/regulations, and performance as a whole instead of your performance and services rendered to the client affected bonus pay outs, extreme time limit per call that make it exceedingly difficult to address client needs especially in a difficult/complex situation and/or difficult customer and if you exceed your time limit it decreases your bonus, being screamed at, cussed out, insulted, or just dealing with rude customers because they are incompetent individuals who can't do simple addition or subtraction or angry at Wells Fargo in general . Cross sell, cross sell, cross sell on every call even if a client doesn't want or need any additional services in order to preserve your job and keep your bonus that make up for the slave labor pay.

    Advice to Management

    Value your lower end employees more and increase pay and hire staff members that can retain knowledge after their initial training.


  2. "You are just a number"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good money, experience, reputation, and training

    Cons

    As soon as you don't bring the required sales numbers they start finding a way to fire you

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

See Most Recent

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