Wells Fargo Reviews in Santa Clarita, CA | Glassdoor

Wells Fargo Santa Clarita Reviews

Updated Nov 9, 2014

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2.0
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Wells Fargo CEO Allen Parker
Allen Parker
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  1. Helpful (3)

    "This place is criminal and all upper management is in on it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banker I (SAFE) in Santa Clarita, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Promotions can come fast if you do t get fired

    Cons

    You have to lie, and cheat daily to hit your numbers.

    Advice to Management

    They are the shadiest

    Wells Fargo2014-11-10
  2. "Its all about numbers here, you don't sell, you don't survive."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - CSSR in Santa Clarita, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    They give you PTO, good 401k, and decent benefits.

    Cons

    NUMBERS NUMBER NUMBERS!! At training they make you believe its all about the customers but once you start working in your assigned branch, all they care about is you selling everything single kind of product Wells has to offer. Even if the customer does not need a particular service/account, you better sell it!! If you like high stress work environments this is the place for you.

    Advice to Management

    Stop treating the bankers that choose to actually do the right things for customers like crap because they don't want to hustle them. All you care is about money.

    Wells Fargo2014-08-26
  3. "Confining, redundant, demanding"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Personal Banker I in Santa Clarita, CA
    Doesn't Recommend
    No opinion of CEO

    I have been working at Wells Fargo

    Pros

    Closed on Sundays. Over 20 paid days off (PTO) per year. Nice 401(k) and benefits package. Large well respected company is nice to put on resume.

    Cons

    Constant micromanaging. Daily expectations demanding. Management encourages selling to customers that do not need/require/want new accounts and products. Expects Personal Bankers to recite a script when speaking to clients.

    Advice to Management

    The job description of a Personal Banker to assist clients and potential clients to exceed financially, allow the Personal Bankers to do just that.

    Wells Fargo2011-01-02
  4. Helpful (6)

    "ACR1"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Personal Banker in Santa Clarita, CA
    Doesn't Recommend
    No opinion of CEO

    I have been working at Wells Fargo

    Pros

    I would say that the only reason to stay with Wells Fargo in these economic times is that the bank is holding up well compared to its competitors. The job stability compared to other financial institutions is better right now.

    Cons

    The main downside of working at Wells Fargo would have to be the incompetence of branch managers, district managers and senior management. The lack of pay is laughable, but the true problem is the way that employees are treated on a day to day basis. The only thing that management cares about is how many ACR1 your branch has for that day. The company seems to value people that game the system and put people into... the wrong accounts. This leaves other bankers having to reverse fees and deal with angry customers. Branch managers are basically houndogs that come around each day asking how many "units" you're going to put on the system for that day. The company is supposed to be built on relationship building but in reality all management cares about is the quick sale. The company values 10 debit cards more than putting 4 home equities on the system. The most disgraceful thing about the company is that branch managers that sit in their office all day doing nothing except refreshing ACR1 numbers are the only ones that reap the benefits of their team member’s production. The branch managers are basically high school graduates that barely speak English that come around hourly to ask what you're going to do to put "units" on the system for that day. The incentive compensation for personal bankers and tellers isn't even worth it compared to the daily bs that they have to deal with. Wells Fargo doesn't see their people as employees or co-workers but simply as a number and how many units you're going to produce for that day.

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    Advice to Management

    I would tell Senior Management to stop being so concerned with ACR1 numbers and put more emphasis on the production for the 3 month quarter. Bankers are judged on their 3 month quarter production but are constantly hounded for daily units which doesn't allow for the bankers to concentrate on the bigger picture. The company needs to put more value on retaining 1 million+ net worth clients compared to getting three... month foreign accounts at Magic Mountain that will be closed after the summer ends.

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    Wells Fargo2008-08-24
Found 4 reviews