Wells Fargo Reviews | Glassdoor

Wells Fargo Reviews

Updated October 18, 2017
5,149 reviews

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3.0
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
240 Ratings

5,149 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "all in the wash"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo full-time

    Pros

    decent place good people co ok

    Cons

    no bad fun .. drinks out .. good manager


  2. "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.

  3. "Team work"

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

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

    Pros

    A few pros are Good team work and training accessibility to be successful at your job.
    There are Lots of volunteer opportunities.

    Cons

    The pressure of giving good customer service and rushing to help the lines.
    Transfers aren’t really transfers, you have to reapply to a job and go through the interview process again and you MIGHT get the job.

    Advice to Management

    Change the transfer process and pay more to your employees. They get paid nothing especially when they are part time.


  4. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at Wells Fargo full-time

    Pros

    Good pay, benefits, profit sharing, management, people

    Cons

    Everything is good, no time to move up, not a lot of people, boring


  5. "Merchant Services Business Consultant"

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

    I have been working at Wells Fargo full-time

    Pros

    Great commission payout. You have the tools to get your job done.

    Cons

    Compensation plan changed. No opportunity for growth.


  6. "Bankruptcy specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo full-time

    Pros

    A lot of pto and company holidays, opportunities to give back, nice co-workers

    Cons

    Easy to get overlooked, not the place if you're looking for culture, repetitive

    Advice to Management

    Add incentives, concentrate more on training


  7. "Credit Management Position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Credit Manager
    Current Employee - Credit Manager
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Flexible schedule
    Friendly work environment
    Stable Position

    Cons

    Benefits could be better
    Opportunity for advancement is limited

  8. "Know what you are in for"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo full-time

    Pros

    Cross training in all banking teller area.

    Cons

    Working every Saturday and long hours


  9. "Technology Intern"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo as an intern

    Pros

    Good benefits for internship, solid pay

    Cons

    Somber atmosphere, not a very young workforce


  10. "Advancement"

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

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

    Pros

    There are many different career paths you can take.

    Cons

    Current base pay can make it hard to advance into higher paying positions.

    Advice to Management

    Current pay should not limit an employees potential to advance to other positions.


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