Wells Fargo Reviews in New York, NY | Glassdoor

Wells Fargo New York Reviews

Updated March 10, 2019
173 reviews

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New York, NY

3.1
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Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
32 Ratings

173 Employee Reviews

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Pros
Cons
  • "Sometimes difficult work life balance" (in 381 reviews)

  • "with out the sales goals can get complacent" (in 1281 reviews)

More Pros and Cons

  1. "Great"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - N/A in New York, NY
    Former Employee - N/A in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    This place if great to work for

    Cons

    Management could do a better job


  2. Helpful (1)

    "Great place to work overall but the pay and benefits are not very competitive"

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

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

    Pros

    profit sharing after 1 year

    Cons

    low pay, overworked, horrible benefits

    Advice to Management

    Employees should benefit not the shareholders. Instead of stock buy backs that benefit the shareholders, increase our salaries!

  3. "Good place"

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

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

    Pros

    People care about how everyone is doing

    Cons

    Long hours and work holidays


  4. Helpful (1)

    "technical specalist"

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

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

    Pros

    good environment to work and

    Cons

    too much politics in a profile
    no supervision


  5. "Former investment banking analyst."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Compensation, benefits, exposure to a high volume of clients. Good place to learn the nuts and bolts of banking and high level corporate finance.

    Cons

    Little or no M&A executed by this firm. Investment bank is just a check in the box for Wells Fargo and a small part of the overall revenue. Therefore, there is a lack of focus and clear strategy on winning M&A mandates. Without M&A experience it is near impossible to break into solid buy side roles.

    Advice to Management

    Do more M&A.


  6. "Wells"

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

    I have been working at Wells Fargo full-time

    Pros

    open culture. treats team members with respect. strong team work. respect for new ideas.

    Cons

    not a market leader. will usually wait to adopt new technology. could invest more in product innovation

    Advice to Management

    empower team members more. push down budgets and decision making to lob managers.


  7. "Wells Fargo"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great people to work with overall.

    Cons

    Hard to get anything done, as the company is so big and there are too many approval levels. Bad benefits, no bonus for administrative staff. Very bad communication from the top down. Many changes and nobody seems to know what is going on.

    Advice to Management

    Negotiate better medical insurance for your employees. Better communication.

  8. "OK"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in New York, NY
    Current Employee - Administrative Assistant in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Many times hr favors senior staff members

    Cons

    No room for growth in the company


  9. Helpful (1)

    "Not the greatest"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Private Banker in New York, NY
    Former Employee - Junior Private Banker in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    - Didn't have to commute to Long Island
    - Stayed in Manhattan

    Cons

    - Manager cursed people out
    - Manager treated me like his personal assistant
    - Manager cursed his wife out on the phone many times when they spoke
    - Slammed doors


  10. "Vice President"

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

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

    Pros

    Stability, bonus structure, lateral mobility across the organization

    Cons

    Culture is often too conservative


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