Wells Fargo Phoenix Reviews

Updated Jun 9, 2020

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3.4
69%
Recommend to a Friend
95%
Approve of CEO
Wells Fargo CEO Charlie Scharf
Charlie Scharf
16 Ratings
  1. "Great company with amazing benefits"

    5.0
    Current Employee - Personal Banker in Phoenix, AZ

    I have been working at Wells Fargo full-time

    Pros

    Good benefits, competitive pay.

    Cons

    Still trying to recover from a previous scandal

  2. "Great company but hard to grow"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Lead Teller in Chandler, AZ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than a year

    Pros

    Wells Fargo was a great opportunity to start my career.

    Cons

    It’s hard to grow in the company because they look at length of employment over performance stats.

  3. "Better..."

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than 8 years

    Pros

    Cultural changes for the better have happened in the last 12 months due to major board & executive overhaul. Flexibility and salaries are comparable to others in the same industry.

    Cons

    Benefits are meh if you are covering your full family. High deductible plans. Changes are happening, but extremely slow. Need more career path options.

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  4. "it was ok"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Bank Teller in Phoenix, AZ

    I have been working at Wells Fargo full-time for more than 3 years

    Pros

    benifits 401k paid time off schedule flexibility

    Cons

    work politics lack of advancement stress workload

  5. "Hope this is helpful"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investigator in Phoenix, AZ
    Recommends
    Positive Outlook

    I have been working at Wells Fargo full-time for less than a year

    Pros

    Big company, lots of opportunity

    Cons

    Lots of competition, management is inexperienced.

  6. "Great team members, lots of Bureaucracy"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Software Business Analyst in Chandler, AZ
    Recommends
    Positive Outlook

    I have been working at Wells Fargo full-time for less than a year

    Pros

    The people you work with are wonderful, your resource managers are also great

    Cons

    so.much.paperwork Due to the nature of working for a bank the amount of paperwork is insane - however - they pay really well.

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  7. "Banking"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Closer in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than a year

    Pros

    Friendly and welcoming environment, potential to boost experience and pay.

    Cons

    Favoritism and partiality toward certain employees

  8. Helpful (2)

    "Don’t work here"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Compliance Specialist in Tempe, AZ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Benefits & vacation decent & my schedule

    Cons

    Don’t treat the employees well, management bias, retaliation for raising your hand & no repercussions for sabotaging and employees leaving other employees personal information out for others to see. Just a mess of a company

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  9. Helpful (3)

    "Not worth the time"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - CONSUMER LOAN UNDERWRITER in Chandler, AZ
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time for more than 5 years

    Pros

    They won't lay you off if they can help it, they'll move you to a different department if possible.

    Cons

    Literally everything else. You'll be fine if your manager likes you, but 1 bad manager can destroy years of work. And you will be moved and you will not have a choice, so it's just luck of the draw if you have a good manager or not. The training is poor, and the only way you'll get support outside of training is if you're lucky enough to have a helpful senior employee. And they will tell you to do things you know are wrong when you get into production so you can try to reach their insane goals. Probably why they have so many lawsuits all the time. They will tell you there is a bonus structure and then do everything they can to make sure no one can reach their goals to get the bonus, which is why their employees ste worked to death and constantly stressed to their max. Room for advancement is limited and managers can block you from applying to different departments for ANY reason. Really. ANY reason. Think of what that could mean if someone has some arbitrary issue with you? It's an incredibly toxic work environment and I watched more than one person reach their limit with Wells Fargo in my 7 years with them. It isn't worth it & leaving was the best decision I've ever made for myself and my family.

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  10. Helpful (2)

    "Home mortgage consultant"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Wells Fargo Home Mortgage in Tempe, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for less than a year

    Pros

    Good way to enter the company

    Cons

    Get commission until the fifth month

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