Wells Fargo Reviews in New York City, NY | Glassdoor

Wells Fargo New York City Reviews

Updated June 8, 2018
332 reviews

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New York City, NY Area

3.6
StarStarStarStarStar
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Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
36 Ratings

332 Employee Reviews

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Pros
Cons
  • "Work/life balance can be non existent depending on your business line" (in 356 reviews)

  • "No "product sales goals" have been replaced by "branch growth"" (in 1253 reviews)

More Pros and Cons

  1. "Excellent experience with a knowledgeable team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Management Client Associate in Melville, NY
    Current Employee - Wealth Management Client Associate in Melville, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very good salary flexibility , benefits. Potential for growth is through the roof. All you have to do is work hard and you will get to where you want to be.

    Cons

    None, work is great. Opportunity is there just have to work for it. Finet is designed to give you the space you need to grow.

    Advice to Management

    Keep up the good work


  2. "Applications Support Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Applications Support Specialist in Summit, NJ
    Current Contractor - Applications Support Specialist in Summit, NJ

    I have been working at Wells Fargo as a contractor (More than 5 years)

    Pros

    Great working environment , extremely talented team , room for growth , opportunity to work across different platforms , work from home , good work life balance

    Cons

    Relocation may be required

  3. "LDS 5"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - LDS5 in Hicksville, NY
    Former Employee - LDS5 in Hicksville, NY

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Great benefits and work compensation

    Cons

    Morale can use a boost


  4. "So so"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Summit, NJ
    Current Employee - Anonymous Employee in Summit, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good salaries, nice people around if you are lucky

    Cons

    No place to grow now

    Advice to Management

    None


  5. "Good company bad managers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Milford, PA
    Current Employee - Personal Banker in Milford, PA
    Negative Outlook
    Approves of CEO

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

    Pros

    I like the company incentives
    Insurance
    Hours
    Perks

    Cons

    District managers have little control over individual branches. Lack of knowledge as to what happens and how much managers abuse their power over employees

    Advice to Management

    Listen to individuals...they want to work for the company but individual branch managers need to go.


  6. "Bilingual Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bilingual Teller in Elizabeth, NJ
    Current Employee - Bilingual Teller in Elizabeth, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Career Paths are always clear and available for you,
    Resources in order to comply with procedures and overall banking protocol its very clear and detail.
    Best Bank for intro to finances and baking knowledge as a whole.
    Amazing team to work with, very flexible with schedules and willing to resolve any issue that might come up.

    Cons

    On my point of view, it depends on your management how smooth your work load can be.


  7. "Buisness Analyst"

    StarStarStarStarStar
    Current Employee - Business Analyst in New York, NY
    Current Employee - Business Analyst in New York, NY

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

    Pros

    Flexibility and great enviorment to work
    Not mocromanaged

    Cons

    As a contractor you have limited months to work in Wells

  8. "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY

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

    Pros

    Some great people there, most of whom are there due to previous mergers

    Cons

    Management needs to do a better job of culling underperformers


  9. Helpful (1)

    "Fast promotions, heavy micromanagement..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in New York, NY
    Current Employee - Personal Banker in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great place to learn a lot about the banking world! Meet a lot of people! The promotions are fast as long as you earn them. No sales goals! Solely customer service based. Most branches work together really well as a team.

    Cons

    The micromanagement has to be the number one problem with Wells Fargo! They place you under a scope and observe your transactions constantly. The worst part is that as perfect as a transaction can go. The observation form forces them to give an “area of improvement”. Which in turn becomes the only important thing on the observation.
    Most branches are never fully staffed.
    A lot of corporate ideas are forced on you that are supposed to guide your transaction but truly does not help in any way and makes you sound like a robot.
    Meetings make employees feel like there being brainwashed and forced ideas of the company.
    SURVEYS THAT CLIENTS TAKE LITERALLY DICTACTE YOUR LIFE. A pissed off client can give a “bad shop” and ruin payout. If we don’t get all perfect scores then the branch goes through a meltdown. It’s supposed to show how well we do as a branch yet clients are randomly selected to take the survey. Which actually means it is in no way a representation of the branch. Audit season is so stressful....

    Advice to Management

    Please don’t force management to enforce corporate ideologies from people who have not worked hands on with real clients in the field for years. Times have changed and no real human client cares for kissing up to them. Learning to truly care for people to help them achieve their goals is what allows me to win in the long run with clients. Change how you oversee the branch level customer service aspect.


  10. "Better Now that sales goals are gone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - CSSR in New York, NY
    Former Employee - CSSR in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great pay and benefits and there was a lot of opportunity to climb the corporate ladder there. I also enjoyed all the celebrations and getting rewarded for good work.

    Cons

    Stressful sales goals made it a bad work environment. I felt the tension everyday. My manager had conference calls everyday just to explain what we were to doing to meet goals when we didn’t meet the sales goals.

    Advice to Management

    People are humans and not numbers. Stop treating employees like they are disposable.


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