Wells Fargo Reviews in Norfolk, VA | Glassdoor

Wells Fargo Norfolk Reviews

Updated September 6, 2017
14 reviews

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Norfolk, VA

3.0
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Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
3 Ratings

14 Employee Reviews

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Pros
Cons
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  1. "Business Development Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Officer in Norfolk, VA
    Current Employee - Business Development Officer in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible hours, ability to earn commission in excess of pay, involved in the local business community, learn a lot about different aspects of banking (credit, treasury, payroll, commercial lending, equipment finance, practice finance)

    Cons

    Job very much based on widgets, very high minimum sales threasholds, difficult to earn commissions on sales, difficult to get funding for any type of community event despite the fact that your competition is doing that

    Advice to Management

    Redo the commission structure so employees have more opportunities to earn, provide more opportunities for personal growth and development, open up the purse for sponsoring community events and non-profits


  2. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Norfolk, VA
    Former Employee - Personal Banker in Norfolk, VA
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great Culture, Loved that they are invested in the community, and I had a great manager who buffered all the crap

    Cons

    Still had to work snow days and rain days. Sales goals were high prior to the crash.

    Advice to Management

    Don't make young college kids managers

  3. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Norfolk, VA
    Former Employee - Personal Banker in Norfolk, VA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    They had great benefits and I work with a great team.

    Cons

    It is numbers driven and building relationships doesn't matter as long as you open a checking account for every customer that sits at your desk. Whether they can use it or not. You are expected to lie to get the sale.

    Advice to Management

    Live by your motto Service First and Sales Second!


  4. "They can do better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Officer in Norfolk, VA
    Current Employee - Business Development Officer in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible work hours; good benefits; have the ability to make a long term career; job opportunities across the country

    Cons

    Poor leadership; lots of red tape; built in inefficiencies; incentive plan is severely lacking

    Advice to Management

    Focus on training and developing mid-level managers; Focus on the full being of team members not just sales figures; Make it easier for customers to do business with the bank


  5. "Business Payroll Sales"

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

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

    Pros

    Large company with good benefits and promotion opportunities if you are willing to relocate.

    Cons

    To many managers and we had to do reports for reports it felt like it was just simply for job justification.


  6. Helpful (1)

    "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller At Wells Fargo in Norfolk, VA
    Former Employee - Teller At Wells Fargo in Norfolk, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo (More than a year)

    Pros

    Fast paced, work life balance

    Cons

    No real opportunities to advance when you relocate , strict sales goals


  7. "Loved it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Norfolk, VA
    Former Employee - Teller in Norfolk, VA
    Recommends
    Positive Outlook

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

    Pros

    I loved it there and miss it dearly!

    Cons

    Our branch was never staffed with enough employees

    Advice to Management

    Hire more!

  8. "Good long term opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Officer in Norfolk, VA
    Current Employee - Business Development Officer in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Wells Fargo offers a great deal of opportunity to advance one's career. There are 84 different lines of business and thousands of different positions all over the country.

    Cons

    Like a lot of large companies Wells Fargo sometimes gets caught up in bureaucracy. That can be challenging. You're also dealing with a lot of egos so a lot of times you need to find the right people to connect with who will work in your interest and not just their own.

    Advice to Management

    Invest more in technology that allows all employees to collaborate easier together and within company systems. Focus more energy on developing managers into coaches and leaders and helping employees learn from leaders instead of worrying about widgets.


  9. "Great Place to Learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Pb1 in Norfolk, VA
    Current Employee - Pb1 in Norfolk, VA

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

    Pros

    Helping people to succeed with their finances

    Cons

    Pressure to sell without proper infrastructure to support that objective leading to high stress and turnover

    Advice to Management

    help employees to succeed not just by saying it


  10. "Wells Fargo is a workplace that rewards your efforts with the potential to grow your career and a nice work/life balance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Management Sales Analyst in Norfolk, VA
    Current Employee - Treasury Management Sales Analyst in Norfolk, VA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Supportive management, career pathing if you want it, nice benefits package, large amount of vacation time, flexible work options, stable company with lots of opportunities

    Cons

    Large corporations sometimes have trouble being dynamic all the time. This can get frustrating. Competition for promotions is fierce because a lot of people want to work here.

    Advice to Management

    Biggest advice to upper management is to work harder to identify high performers and help them grow. This happens but it could be better.


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