Wells Fargo Reviews in Bridgeport, CT | Glassdoor

Wells Fargo Bridgeport Reviews

Updated September 21, 2018
15 reviews

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Bridgeport, CT Area

2.2
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
2 Ratings

15 Employee Reviews

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Pros
Cons
  • "Sometimes difficult work life balance" (in 372 reviews)

  • "Can be hard to reach sales goals" (in 1273 reviews)

More Pros and Cons

  1. "Sr Reg Client Assoc"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Registered Brokerage Associate in Bridgeport, CT
    Former Employee - Senior Registered Brokerage Associate in Bridgeport, CT
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 5 years)

    Pros

    Excellent Benefits/PTO/401K Matching (6%)
    Awesome Operations Manager
    In Wealth Management - Wealth Brokerage Services not Banking

    Cons

    Branch Manager gossips /talks about others who are not present.

    Advice to Management

    Operations Manager - continue being the star in that office, being the voice of reason and always have something in the back pocket!


  2. Helpful (1)

    "They praise work life balance, which isn’t always a priority"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Manager in Danbury, CT
    Current Employee - Service Manager in Danbury, CT
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good benefits, banking hours, good opportunities to grow

    Cons

    Stressful, often short staffed, lots of pressure to be perfect coming from DMs.

    Advice to Management

    Have DMs work in branches as tellers or branch managers one day so they can understand what we go through. There is a huge disconnect.

  3. Helpful (2)

    "Poor Leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Branch Manager in Danbury, CT
    Former Employee - Branch Manager in Danbury, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    No sales goals.
    Not much to say here:

    Cons

    Just activity goals to branch network. Leadership is the poorest I have ever seen., They treat you like a puppet. They say your option matters, but it diesn’t. District Managers is lackluster bunch of Moran’s. Management.

    Advice to Management

    It’s a cult of poor senior leadership and management. And management traats employees like crap.

    Tim Sloan wake up your part of the problem.


  4. "Service Manager"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Stratford, CT
    Current Employee - Anonymous Employee in Stratford, CT

    I have been working at Wells Fargo (More than a year)

    Pros

    good company to with it. They are very good

    Cons

    closer to home would be nice


  5. "Senior Bank Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Norwalk, CT
    Former Employee - Anonymous Employee in Norwalk, CT

    I worked at Wells Fargo (More than a year)

    Pros

    Great team and atmosphere, great branch manager.

    Cons

    Forced sales, wanted everyone to up sell constantly. Drove a lot of customers from coming into the branch.

    Advice to Management

    Reduce the sales pressure from the teller line. Up selling should be used as an incentive for an employee not constantly brought up in daily meetings, performances. That's why there are Personal Banks and other Sales Reps within each branch.


  6. "Outrageous expectations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Service Manager II in Danbury, CT
    Former Employee - Service Manager II in Danbury, CT
    Doesn't Recommend
    Disapproves of CEO

    I worked at Wells Fargo full-time

    Pros

    Good 401k, health insurance was good also

    Cons

    In reachable goals, too much pressure, mandatory overtime, micromanagement

    Advice to Management

    Go back to the ways of Wachovia


  7. Helpful (1)

    "Horrible. Unethical sell anything to customer regardless of their needs. Managers push employees then deny involvement."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Banker in Darien, CT
    Current Employee - Banker in Darien, CT
    Doesn't Recommend
    Negative Outlook

    Pros

    Higher base pay than competition.

    Cons

    Culture is corrupt. Focuses employees on selling products clients don't need or want just to make branch managers goal. High stress tactics from districts, branch manager and bankers, tellers. Customer comes last.

    Advice to Management

    Review branch demographics, transaction counts and branch visits by new vs older clients. Bases realistic goals from there. If branch can,t sustain itself on good ethical business shut it down.

  8. Helpful (1)

    "Very good experience and well managed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Stamford, CT
    Former Employee - Financial Advisor in Stamford, CT
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Able to run your own practice while benefiting from all the firm's resources. The systems are getting better but still lagging behind other top firms. clearly a banking firm making its way to be a financial services firm.

    Cons

    compensation and cost cutting with resources can hamper the employees and make them feel not valued. To have a thriving organization and team it is important to not always cut corners at least not so tightly.

    Advice to Management

    technology and materials are key componets to the advisors and cost cutting here does not always benefit the bottom line


  9. "Tough and very unethical"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager in Stamford, CT
    Current Employee - Branch Manager in Stamford, CT
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    Get paid well if you are a producer. Bonus are ok if you can hit very high numbers. Get in and get out if you can as quick as you can.

    Cons

    In order to be a producer need a busy branch or very creative thinking. There is no traffic and with no traffic hard to make sales.


  10. "Stuck in the middle"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PCG Financial Advisor in Stamford, CT
    Former Employee - PCG Financial Advisor in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    The people are nice...except for compliance

    Cons

    They lock you in with a nasty noncompete just as you enter the training program. The training program isnt one, it revolves entirely around cold calling. There is no support for people coming out of the training program. All of the ideas I had to develop new channels were dragged out dramatically long due to compliance problems.

    Advice to Management

    Support new employees rather than just try to churn them and disperse their friends and family accounts.


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