Wells Fargo Reviews in Portland, OR | Glassdoor

Wells Fargo Portland Reviews

Updated July 6, 2018
91 reviews

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Portland, OR

3.3
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
15 Ratings

91 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  • "No "product sales goals" have been replaced by "branch growth"" (in 1252 reviews)

More Pros and Cons

  1. "Consumer Loan Underwriter"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Portland, OR
    Former Employee - Anonymous Employee in Portland, OR
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great people and a very good environment.

    Cons

    Maybe a little to decompartmentalized.


  2. Helpful (1)

    "Was something very special once..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Portland, OR
    Former Employee - Senior Vice President in Portland, OR
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Very talented co-workers, best-in-class technology and operations support, total compensation is generous in the industry, and lot's of training and opportunity to grow as a person and a team-member.

    Cons

    The re-centralization of the decision makers and business lines has limited the companies appetite for greatness. There is absolutely no appetite for risk, and therefore the potential gains are limited.

    Advice to Management

    Pay attention to the realities of what is happening as a byproduct of your centralization efforts. You are losing and will continue to lose truly talented people, and that will absolutely weigh on the future effectiveness of the company. Wells is a much lesser company than it once was, and anyone or leader that rationalizes that outcome as necessary based on the select few that damaged the brand is part of the problem. The hiring decisions being made across the company are at best weak, but most likely really poor. I am sad that the company I loved and invested so much into has become something that I somewhat dislike, and not for the reasons of the masses. You need internal candidates with opposing views to be in the decision making processes. You have simply flipped to the other extreme. What was once a company full of people that thought the same way and didn't have enough quality control in decision making, has become the exact same thing except with some new SR leaders.

  3. Helpful (1)

    "Not all its cracked up to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Wire Transfers Customer Service Representative in Portland, OR
    Former Employee - Wire Transfers Customer Service Representative in Portland, OR
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Great location
    Great walking location
    Cool co workers

    Cons

    Horrible pay
    Micro managed
    No perks
    Horrible benefits

    Advice to Management

    Give your employees the opportunity to prove them selves..if you constantly micro manage its difficult to grow


  4. Helpful (1)

    "Decent pay, can be a great place to work if you have good managers."

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

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

    Pros

    Easy if you are good at customer service. No sales goals. Nice 401k plan. Paid vacation 2 weeks each year as soon as your hired.

    Cons

    Lots of bad manager experiences at multiple locations. The politics are very heavy and you have to play the game to not sink.

    Advice to Management

    Micromanaging is the reason for turnover.


  5. Helpful (1)

    "Go somewhere else"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Analyst in Portland, OR
    Former Employee - Operations Analyst in Portland, OR
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Inexplicably wonderful co-workers, dedicated to customer service.

    Cons

    Morally bankrupt leadership. Read the headlines.

    Advice to Management

    Wouldn't it be great if just once a newspaper headline that began with "Wells Fargo" didn't include "Record Fines"? You clowns don't deserve the great people who work for you.


  6. "Personal Banker and Business Advocate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Portland, OR
    Former Employee - Personal Banker in Portland, OR
    Recommends

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

    Pros

    PTO, 401K matching, paid sick time, peers and locations. Training program is also good

    Cons

    It's a big corporation and money only counts in this kind of companies

    Advice to Management

    Some employees are more qualified than others, pay for that.


  7. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Portland, OR
    Current Employee - Personal Banker in Portland, OR
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Opportunities to move within company

    Cons

    Upper management typically out of touch with reality of customer perception/goals, paid significantly less than other banks, bonuses non-existent

  8. Helpful (2)

    "Company in transition"

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

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

    Pros

    Good benefits & physical work environment

    Cons

    The company is focused on damage control rather than on customers, and certainly rather than employees.


  9. "Could be a lot better."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Portland, OR
    Current Employee - Mortgage Loan Officer in Portland, OR
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits are pretty good. Nice people to work with at my location.

    Cons

    Wells Fargo does not pay Loan officer holiday or sick pay. You can take it but it comes out of your draw, so really not paid time off whatsoever. Recommend if you are new to banking.

    Advice to Management

    Treat loan offices equally.


  10. "Great potential, terrible culture, but moving in the right direction."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager III in Portland, OR
    Current Employee - Branch Manager III in Portland, OR
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Enormous footprint. Over 6000 branches, which means you can go anywhere in the United States and have a job. Strong benefits package, three weeks PTO, generous maternity/paternity leave, affordable medical, dental, vision etc.

    Cons

    Plagued by sales scandals. Seems to be in the media night and day for new regulatory failures. Pay is slightly below industry average. Completely unrealistic to make a living in any position lower than Branch Manager.

    Advice to Management

    Pay your employees more, especially now that the Trump administration has given you such a large tax break. This will increase retention and create a more positive work environment.


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