Wells Fargo Reviews in Charlotte, NC | Glassdoor

Wells Fargo Charlotte Reviews

Updated October 9, 2018
808 reviews

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Charlotte, NC

3.5
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
134 Ratings

808 Employee Reviews

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Pros
Cons
  • "Work life balance was a poor aspect of the job" (in 367 reviews)

  • "Can be hard to reach sales goals" (in 1265 reviews)

More Pros and Cons

  1. "excellent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Charlotte, NC
    Former Employee - Anonymous Employee in Charlotte, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    excellent managers, excellent people and staff

    Cons

    desk job, no advancement, boring


  2. "Positive Experience as a contractor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Project Manager in Charlotte, NC
    Former Contractor - Senior Project Manager in Charlotte, NC

    I worked at Wells Fargo as a contractor (More than a year)

    Pros

    Great work environment. Opportunity to learn and receive training.

    Cons

    Worked there 3 times on separate contract assignments. Lack opportunity for mobility when an assignment is ending. Lack of opportunity to convert full time.

    Advice to Management

    When you go through the process of hiring a contractor multiple times, you should utilize the talent you already have rather than forcing that contractor to go through the hiring process from the outside again.

  3. Helpful (2)

    "If you like to be stressed out then this is the place for you"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Crimes Specialist in Charlotte, NC
    Current Employee - Financial Crimes Specialist in Charlotte, NC
    Doesn't Recommend
    Disapproves of CEO

    I have been working at Wells Fargo full-time

    Pros

    The benefits are good, and if you're able to deal with the pressure from management then there is opportunity for growth.

    Cons

    Oppressive environment
    Favoritism
    Horrible hours
    Terrible leadership

    Advice to Management

    Treat your employees like people and not worker bees.


  4. Helpful (1)

    "HR"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Human Resources Business Partner in Charlotte, NC
    Current Employee - Senior Human Resources Business Partner in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Leadership and culture, work life balance, flexible work arrangements, high caliber of teammates.

    Cons

    Current environment is stressful given stream of negative news but the commitment to transparency and fixing what is found to be wrong feels real.

    Advice to Management

    Keep allowing your high potential talent to run and make a high degree of emotional intelligence a top competency for hiring, especially when hiring leaders.


  5. Helpful (1)

    "Operational Risk"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Opertional Risk in Charlotte, NC
    Former Employee - Opertional Risk in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    It was a great job. Good work/life balance and benefits.

    Cons

    No longer the same Wells Fargo Risk environment. Recent layoffs in the risk organization have staff questioning their value to the organization. The personnel were identified according to the state where they live while performing their “remote” work and not according to their performance. So some of the top performers according to 2018 reviews are now headed out the door.

    Advice to Management

    If layoffs are required, then do the mature/responsible thing and make your decision based on performance and not location. That is why you have a management position, so act like a grown-up and make decisions that are “best” for the company.

    Remember - “random” selection is not natural “selection”.


  6. Helpful (1)

    "Management doesn't reward performance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Equity Trader in Charlotte, NC
    Current Employee - Equity Trader in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    benefits are decent for health care

    Cons

    Culture is just taking hit after hit. Bonuses suck

    Advice to Management

    Clean house


  7. Helpful (1)

    "Application System Engineer. 28 year employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Computer Software Engineer, Applications in Charlotte, NC
    Current Employee - Computer Software Engineer, Applications in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Decent benefits, 401k, medical, PTO

    Cons

    Little room for advancement, very low salary increases, poor leadership, overworked employees, very low morale.

    Advice to Management

    Treat your employees better and at least act like yo it appreciate them

  8. "Application DBA/SQL-BI Developer/Database Architect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Applications Database Administrator/SQL-BI Developer/Database Architect in Charlotte, NC
    Current Contractor - Applications Database Administrator/SQL-BI Developer/Database Architect in Charlotte, NC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Amazing work place and team

    Cons

    Pretty much nothing, it has been fantastic journey.


  9. "Marketing is a beaurocratic assembly line"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Manager in Charlotte, NC
    Current Employee - Marketing Manager in Charlotte, NC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Once you get to middle management, the salary and bonus structures are good.
    Benefits are outstanding, but decreasing and inflexible
    Remote working options can sometimes be arranged, depending on role and manager

    Cons

    Marketing has been removed from the lines of business and centralized under one umbrella. Senior management has imposed the same structure for national brand campaigns as single page flyers. No exaggeration: a net new marketing asset (whether an email or an integrated campaign) will take 9 MONTHS. It will take 4-6 weeks just to get the Strategic Assessment Brief written (and rewritten 3 more times) before it is approved by 2 layers of management. Then, once in the queue, it can still be deprioritized if other projects are deemed more impactful.
    No one is in charge of a project from end-to-end. Strategy hands off to Integrated Marketing who hands off to Marketing Execution and the In-House Agency. And often our Insights & Analytics team (who is woefully under-staffed) will be tapped to provide data and forecasting. When you include multiple rounds of ultra-conservative Compliance review, you can see why even the most basic project can take the better part of a year to produce.

    Advice to Management

    1. Staff appropriately. If you want data to drive decisions, but more people in those roles so decisions can be made faster.
    2. Allow flexibility within divisions based on their needs. What works for Enterprise Brand may not work for Wholesale/Commercial.
    3. Remove layers of the new holistic process so project can move forward more efficiently.
    4. Start praising workers who have stuck with the new org structure and are doing our best to make it work. Castigating us and forever changing the rules is killing morale.
    5. Exit interviews should be required. And pay more attention to new hires (at all levels) who only last 4-6 months.


  10. "Awesome"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Anonymous Intern in Charlotte, NC
    Current Intern - Anonymous Intern in Charlotte, NC
    Recommends
    Approves of CEO

    I have been working at Wells Fargo as an intern (Less than a year)

    Pros

    Junior Team very resourceful

    Cons

    No overtime for summer interns


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