Wells Fargo McLean Reviews

Updated Feb 5, 2020

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3.9
87%
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Wells Fargo CEO Charlie Scharf
Charlie Scharf
0 Rating
  1. "Great company to be a part of"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Computer Operations in McLean, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Good atmosphere Good work culture

    Cons

    Hard to move up the ranks

    Wells Fargo2020-02-05
  2. "Good company to work for however you are underpaid and hard to move up after the lawsuits"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Licensed Personal Banker II in McLean, VA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than 5 years

    Pros

    Good benefits, health, vision, dental and life insurance. Also short and long term disability. Legal insurance. If you have a good manager life is so easy and as long as you do what you are supposed to do you will have no problem.

    Cons

    In almost 6 years I have worked under 6 different managers, 2 of them were fired. Every time you have a new manager you have to start all over by proving yourself to the new manager to get promoted. Hard to get out of retail banking once you are there and if you do well, they’ll milk you. Sometimes, some of the employees have no common sense, makes you wonder how they got hired Low bonuses and your bonus depends on the overall preference of the team, so if %90 of the team does well and the %10 doesn’t then everyone’s pay takes a hit

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    Wells Fargo2018-12-05
  3. "Senior Private Banker"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Private Banker in McLean, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time for more than 5 years

    Pros

    I enjoy working with my clients and colleagues

    Cons

    terrible salary and horrific sales compensation plan.

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    Wells Fargo2018-05-03
  4. "Lending Manager"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Lending Manager in McLean, VA
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Wells Fargo full-time for more than 10 years

    Pros

    Great benefits, conservative credit culture

    Cons

    Failed senior management, lack of career guidance

    Wells Fargo2017-04-17
  5. "Wealth Advisor"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Wealth Advisor in McLean, VA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than 3 years

    Pros

    Very competent colleagues with a strong bank brand

    Cons

    Jon sometimes feels like a "treadmill"

    Wells Fargo2016-11-12
  6. "Tall corporate ladder"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Store Manager III in McLean, VA
    Positive Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Standard benefits, 401k match after one year, profit sharing of 1-2%, vacation days, most national holidays paid to be off, no Sundays, encouraged diversity inclusion, 1 paid volunteer day/per year, paid training

    Cons

    Leadership ladder has many steps and sales goals start at the top as a snow ball and end up a boulder on the retail bankers. Pressure to open fake accounts that could put you in jail. During January District managers call you every hour to see if you're on track to hit your daily sales goals, if you're not, they make you stop productivity to write out plans for how you can regain any deficits. Also, there is a HUGE difference in pay for woman and men on the East coast specifically. It's more like 2-3 times the national average difference. Also dangerous weather conditions cause early closings of banks being issued too late. Making your whole team drive in dangerous conditions just to have them open for NO ONE and then close 1 hour later, is an unnecessary risk to team members.

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    Wells Fargo2016-01-20
  7. "Decent job with decent compensation"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Teller in McLean, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo part-time

    Pros

    Good pay. Recognizable company. Decent benefits.

    Cons

    Poor management structure. Sales quotas are "never good enough". Tedious work and no autonomy at all. Had to score 100% on customer service surveys to "pass", otherwise you failed.

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    Wells Fargo2015-11-04
  8. Helpful (1)

    "Awful place to work"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Client Associate in McLean, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Good pay, decent benefits. Good 401k plan. The other associates were mildly respectful of each other.

    Cons

    Immoral bankers, lax management, mostly bad supervisors, no career path, overly competitive atmosphere, long hours, very little fulfillment.

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    Wells Fargo2015-02-12
  9. Helpful (1)

    "It should come as no surprise"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Personal Banker II – Registered in McLean, VA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time for more than 3 years

    Pros

    They do like to promote from within, albeit at a lower pay scale than what they pay outside people to come in for but since turnover is abundant (see below) there are opportunities to be promoted.

    Cons

    This is place that only cares about sales numbers. Nobody cares how you make your sales goals as long as you make them. I've worked in aggressive sales environments and this place takes the cake. They push ethics but promote the opposite, at the end of the day you have to do what you have to do to hit your numbers otherwise you will be pressured and treated poorly by your manager until you quit or they can find a way to get rid of you. Google the lawsuits against the company by employees and believe that hype, this place is horrendous.

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    Wells Fargo2014-10-13
  10. "Management is terrible"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in McLean, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time for more than a year

    Pros

    All of coworkers do not have college Degrees

    Cons

    Management doesn't utilize the experience of Their employees

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    Wells Fargo2014-09-15
Found 11 reviews