Wells Fargo Reviews in McLean, VA | Glassdoor

Wells Fargo McLean Reviews

8 reviews

Filter

Filter

McLean, VA

3.8
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
2 Ratings

8 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
More Pros and Cons

  1. "Lending Manager"

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

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

    Pros

    Great benefits, conservative credit culture

    Cons

    Failed senior management, lack of career guidance


  2. "Wealth Advisor"

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

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

    Pros

    Very competent colleagues with a strong bank brand

    Cons

    Jon sometimes feels like a "treadmill"

  3. "Tall corporate ladder"

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

    I worked at Wells Fargo full-time (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.

    Advice to Management

    1. Look for ways to structure the sales ladder with less unnecessary positions.
    2. Do not leave it up to a sales leader to determine when it's acceptable to close during severe weather conditions. They wait too long to close and by the time employees leave their stores, weather has usually progressed to very dangerous.
    3. Volunteer day sharing- Only a few people actually use their volunteer hours. If they go unused, those hours should be made available to employees that can and want to use them.
    4. Make salaries transparent, you spend so many resources talking about how diversity is celebrated and woman make up 60% of the company, but woman DO NOT make up far less than even 50% of leadership. Inequalities specifically around pay should be investigated. Start with the mid-atlantic.
    5. Diversity isn't just racial and sexual orientation, it's gender related too. When you have an all male leadership ladder, they should be trained in gender inclusion.


  4. "Decent job with decent compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in McLean, VA
    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.

    Advice to Management

    Teach employees how to represent Wells Fargo while bringing in some of their own personality too. It was terrible to be marked down for not using the approved "phrases and comments". Make the work more interesting. Make each teller share a fair amount of the work load (I ended up having to take 2-3X the number of customers because of my location on the teller line). Reconfigure the service metrics to a more realistic metric that actually reflects the service provided. Lastly, think about how the employees life can be improved through management/working for Wells Fargo and the employee will put more back into the company/be happier. For example, I was required to work at a location 3 times further than many other branches close by just to improve the branche's "service quality". It really drained me each day and took a toll on my quality of life. The commutes weren't what I was offered originally when interviewed multiple times, the job was not accurately portrayed and I ended up going crazy working in that branch under the circumstances in place at the time.


  5. Helpful (1)

    "Awful place to work"

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

    I worked at Wells Fargo full-time (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.

    Advice to Management

    The bankers needed to be better managed, so that the Client Associates don't bear the brunt of the work


  6. Helpful (1)

    "It should come as no surprise"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker II – Registered in McLean, VA
    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 (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.

    Advice to Management

    Practice what you preach. Stop churning widgets that result in the company losing money and aggravating customers, your branches in the DC area all have quotes painted on the walls about courtesy and customer service but the reality is your retail branches, managers, and DM's only want you to sell everything under the sun so they can make a bonus regardless of whether it's in the best interest of the customer.


  7. "Management is terrible"

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

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

    Pros

    All of coworkers do not have college
    Degrees

    Cons

    Management doesn't utilize the experience of
    Their employees

    Advice to Management

    Lose some weight

  8. "Poor"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Processor in McLean, VA
    Current Employee - Operations Processor in McLean, VA
    Approves of CEO

    Pros

    Benefits, Salary, work schedule, hours

    Cons

    Environment, management, lack of respect

    Advice to Management

    Treat your employees with respect


Showing 8 of 18,060 reviews
Reset Filters