Wells Fargo Reviews in Raleigh, NC | Glassdoor

Wells Fargo Raleigh Reviews

Updated November 5, 2017
114 reviews

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Raleigh, NC

2.9
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
8 Ratings

114 Employee Reviews

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Pros
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  1. "Collector 3"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Collector in Raleigh, NC
    Current Employee - Collector in Raleigh, NC
    Doesn't Recommend
    Positive Outlook

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

    Pros

    1. The money. 2. Benefits. 3. Corporate Discounts

    Cons

    1. The hours are a bit much. They change your schedule suddenly and then you are forced into the schedule or. You have to quit or work the hours given. They up and change your bonus structure without warning and you go from making great money to a prorate bonus. They single out certain teams and mistreat the others. It's a decent job if you are not looking for anything long term inn that environment but they will advance u quickly

    Advice to Management

    Treat everyone equally. And start to. Practice what you preach because they still are conducting illegal practices


  2. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Business Development in Raleigh, NC
    Former Employee - Vice President Business Development in Raleigh, NC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wells Fargo full-time (More than 8 years)

    Pros

    Flexibility, goal oriented and fast paced

    Cons

    Work life balance and opportunity for advancement

  3. "Home Mortgage Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Mortgage Consultant in Raleigh, NC
    Current Employee - Home Mortgage Consultant in Raleigh, NC
    Disapproves of CEO

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

    Pros

    Good benefits package, medical coverage is comprehensive, 401-k match is healthy.

    Cons

    They are the biggest, so with that comes all the red tape, as the scrutiny on them is the highest. Latest scandals don't make them look good as a brand. Commission structure is not competitive, especially if the loan is a refinance of a current wells fargo mortgage. Similar to other big banks commission package. If you want to earn more money, you need to work at a smaller company, broker banker etc. who will pay you more basis points for self sourced business. Wells Fargo provides a fair amount of leads, but pays you significantly less because of this. You could make as much money or more on one or two loan closings somewhere else, as you could with four or five at Wells Fargo.

    Advice to Management

    Pay higher commission percentage, better loan fulfillment operations.


  4. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker in Raleigh, NC
    Current Employee - Personal Banker in Raleigh, NC
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Benefits are good, lots of opportunity in big cities, sales goals are currently gone from Retail

    Cons

    Lots of political games, managers give positions to their friends who haven't done the work for it, too many chiefs and not enough workers, branches are short staffed across the board, not enough development opportunities, branch managers are often too occupied to assist with training or development because they are always on calls with their boss.

    Advice to Management

    Stop cutting back on your branch employee numbers, we are the lowest paid and the most important to your image. If we are asking to be developed in our roles, help us.


  5. "Mortgage Processing"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Raleigh, NC
    Former Employee - Anonymous Employee in Raleigh, NC

    I worked at Wells Fargo (Less than a year)

    Pros

    good benefits, good hours, plenty of job security

    Cons

    disorganized loan center, revolving door for employees


  6. "Corporate Bancruptcy Specialist"

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

    I worked at Wells Fargo full-time

    Pros

    People were helpful. This is a good job for people that are data driven and understand databases/math. Also a good job for people that enjoy working alone.

    Cons

    Pay wasn't great and there was little interaction with co-workers. I hated being by myself in a cubicle all day working on confusing databases.


  7. "Teller"

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

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

    Pros

    Great pay but will not go back

    Cons

    Little vacatikn I hate cookies and mildk

    Advice to Management

    Run for the hill you will die

  8. "More than 10 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Personal Banker II in Raleigh, NC
    Current Employee - Personal Banker II in Raleigh, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Family Care Leave
    Paid Time Off
    Maternity/Paternity Leave

    Cons

    Bad Publicity
    Saturday working Hours

    Advice to Management

    Keep Wells Fargo's name out of the news


  9. "Underwriter"

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

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

    Pros

    good beneficts, salary, health.

    Cons

    terrible management..... a lot of discrimination

    Advice to Management

    need to value employees


  10. "General"

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

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

    Pros

    Reputable Company, Team environment, Multiracial

    Cons

    Management, Sales, Management Ethics, Promotions, Work Life Balance


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