Wells Fargo Reviews in Minneapolis-St. Paul, MN | Glassdoor

Wells Fargo Minneapolis Reviews

Updated July 20, 2017
622 reviews

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Minneapolis-St. Paul, MN Area

3.2
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
29 Ratings

622 Employee Reviews

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Pros
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  1. Helpful (1)

    "A great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Implementation Consultant in Minneapolis, MN
    Current Employee - Implementation Consultant in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Well established, deeply rooted in the community, financial institution. Great benefits if you're an employe who has several years with the company. Good 401k match. Locations across the country allow for relocation opportunities. Flexibility if you can get it (see cons for clarification). Variety of positions allow you to move within the company and build your skill set.

    Cons

    Managers tend to manage up better than managing down (or finding a balance). Telecommuting is at manager's discretion and not group wide which can create resentment between team members who have flexibility and those who don't. Company tends to be reactionary instead of proactive.


  2. "ISA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Information Security Analyst in Minneapolis, MN
    Current Employee - Information Security Analyst in Minneapolis, MN
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo (More than 8 years)

    Pros

    Great benefits, time off, paternity leave. 401k is nice

    Cons

    Pay is on the low end

  3. "Teller"

    StarStarStarStarStar
    Current Employee - Bank Teller in Maplewood, MN
    Current Employee - Bank Teller in Maplewood, MN
    Recommends

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

    Pros

    Wells Fargo has really nice benefits.

    Cons

    Not too flexible around your schedule.

    Advice to Management

    A good team is my motivation!


  4. "Senior SBA credit underwriter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sba Credit Underwriter in Minneapolis, MN
    Current Employee - Sba Credit Underwriter in Minneapolis, MN
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great people, great building, good company. Strong culture and challenging and satisfying work. Ability to move up within the company and is national

    Cons

    Annual increases are minimal, tough competition to advance. Lots of bandaids on processes and systems, can be difficult to navigate the very large organization

    Advice to Management

    Value your employees, give larger increase, streamline systems and eliminate outdated and obsolete procedures.


  5. "Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Recruiter in Minneapolis, MN
    Current Employee - Corporate Recruiter in Minneapolis, MN
    Recommends

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

    Pros

    Great culture, great co-workers and solid management.

    Cons

    Environment is VERY compliance driven, can lead to a lot of red tape.


  6. Helpful (1)

    "Okay place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Securities Administrative Services Analyst III in Minneapolis, MN
    Current Employee - Securities Administrative Services Analyst III in Minneapolis, MN
    No opinion of CEO

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

    Pros

    Good PTO. Good 401k match.

    Cons

    No focus on career development. All departments are very silo'd. Overzealous Risk and compliance departments lead to intense micromanaging

    Advice to Management

    Let business lines operate more independently. Risk and compliance are stifling employees ability to provide good customer service. Increased controls make the company operate very inefficiently.


  7. "Benefits are good, Working for a bank has its drawbacks."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Representative in Minneapolis, MN
    Current Employee - Account Representative in Minneapolis, MN
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good benefits, many health insurance options, 16 paid weeks maternity leave, 401k matching, roll over PTO, the people you work with

    Cons

    Crappy holidays, compliance is a little out of control, number of yearly required trainings, team members don't feel appreciated by upper management.

    Advice to Management

    Think about your employees and what they contribute to the company.

  8. Helpful (1)

    "Infrastructure Architect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Infrastructure Architect in Minneapolis, MN
    Former Employee - Infrastructure Architect in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Wells Fargo is focused on customers and is a people centric company with good values. Salaries are competitive in the market with great potential for career growth. The company is large enough that almost every facet of technology is leveraged.

    Cons

    Overly bureaucratic and risk aversion translates to very long implementation times.

    Advice to Management

    Cutout middle management empire building and do not be afraid to remove processes that add no value.


  9. Helpful (1)

    "Analytics Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analytics Consultant in Minneapolis, MN
    Current Employee - Analytics Consultant in Minneapolis, MN

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

    Pros

    The pay, bonuses, PTO, and paternity leave (4 weeks).

    Cons

    Getting access to data and programs is an absolute disaster. It involves multiple steps and significant delays across a number of portals. Don't expect to hit the ground running.


  10. "Politics and brown nosing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Service Representative II in Minneapolis, MN
    Current Employee - Insurance Service Representative II in Minneapolis, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great medical, dental, vision but you will be in a High Deductible plan. 6% matching and vested after one year in 401K. STD from day one... lots of PTO. 186 hours after 5 years.

    Cons

    Unstable as in you never know if you'll get laid off or your dept sold.. and you along with it. There are cliques like we are back in high school. HR is in NC and you get reprimanded for reporting unscrupulous individuals. Mgrs are stressed and they take it out on the team. There are many lateral moves. Little room to grow in the insurance dept.

    Advice to Management

    We are also your customers. Treat is like we are valued and perhaps we all won't quit. Get in put from your employees and actually follow through. It's not all about numbers.


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