Wells Fargo - Good pay, poor management. | Glassdoor
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There are newer employer reviews for Wells Fargo

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"Good pay, poor management."

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Mortgage Consultant in Minneapolis, MN
Former Employee - Mortgage Consultant in Minneapolis, MN
Doesn't Recommend
Negative Outlook
Approves of CEO

I worked at Wells Fargo full-time (More than 10 years)

Pros

Great pay if you are a top performer.

Cons

Poor corporate culture, management has lost sight of focusing on customer. Little teamwork.

Advice to Management

Remove barriers & incentives (stack rankings, cross sell quotas) that cause the lack of team work.

Other Employee Reviews for Wells Fargo

  1. "Great place for recent grads to get started."

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

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

    Pros

    Work/Life Balance, good incentive structure, multiple areas to explore for further career advancements.

    Cons

    Sometimes it can be to much like highschool. High turnover when rates drop.

    Advice to Management

    Keep your good one, cut the fat. Too many good people get fired while the other (less efficient) get to keep working.


  2. "Too much politics, too few rewards"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The customer interaction was great and they do pay pretty well if you are qualified. There is a lot of turn over so moving up in the company is pretty easy.

    Cons

    They don't care about your schedule. I was scheduled to get married and my boss wouldn't let me have the time off without docking me for not being at work. It was all about who you knew in office, you'd better not get on anyone's bad side because rumors start flying and someone's head ends up on the chopping block.

    Advice to Management

    Hire better qualified managers and care about your employes as a whole, not just what sales metrics they meet. Happy employees sell more because their moral is higher and they get excited about what the company has to offer.

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

See Most Recent

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