Wells Fargo Reviews in South Africa | Glassdoor

Wells Fargo South Africa Reviews

Updated Nov 10, 2015

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3.0
50%
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Wells Fargo CEO Charlie Scharf
Charlie Scharf
0 Rating
  1. "Great company to work for, but sadly lower-level managers can make it more difficult than it needs to be."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Teller in Virginia
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Benefits. Advancement. Clear expectations. Pay. There's always something to learn and add to your job portfolio. Don't wait for opportunities; like every other professional environment, you should be the one to initiate your advancement.

    Cons

    The branch you work at truly defines your experience. Sales pressure is simply a part of the job, but it depends on your branch manager whether it becomes overwhelming.

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    Wells Fargo2014-10-05
  2. "High quality retail bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Relationship Manager in Virginia
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wells Fargo for more than 3 years

    Pros

    Good benefits, relaxed atmosphere. Management committed to being a leader in financial services pitched to the mass-affluent segment.

    Cons

    Can be very bureaucratic, things move slowly.

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    Wells Fargo2015-11-10
  3. "High Sales Pressure (Personal Banker)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Personal Banker I (SAFE) in Virginia
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Competitive pay in the industry Paid time off, holidays (even snow days!) Great customer service, sales, and financial experience No degree or banking experience necessary to land this high paying job Mostly 9am-5pm M-F with one weekday off so you are required to work Saturday 9am-2pm Overtime for employees is avoided by management which helps with work/life balance Great training at headquarter office! I've found the best employees/managers were from the Wachovia merge (They are much more customer service driven rather than cold sales) Plenty of room for advancement with the high turnover rates Many volunteer opportunities!

    Cons

    Insanely high sales pressure, which leads to desperate employees who do anything to gain a sale. This is encouraged and swept under the rug by management because they are now meeting their high sales goals. Leads to favoritism and poor customer service A co-worker would intimidate people into signing up for services and lying to them to quiet their concerns. Those customers would come back requesting to speak with someone other than them to get clarity on what they signed up for and often closed those services. Managment was informed of these frequent occurrences from several employees and in the end, the employee was promoted for high performance! This creates tension and low morale for the remaining employees abiding by the rules and moral code. I also had a bad experience when attempting to stay with the company part time and work towards my degree full time. I gave them 4 months notice to allow for the full time 2 weeks of training, as well. Management agreed and was happy to work with me, but constantly put off the change telling me not to worry, it would all be worked out in time. I began my classes while they finally reduced my hours and began the HR process of switching positions. It finally became a concern that I would be unable to complete the training with my busy schedule. There is a time limit requirement of when the training must be completed and I would not be able to reach it. I was so frustrated beacuse I had forseen this and my concerns were constantly disregared. They claimed that they would try to figure it out but I also found out that a favorite employee had also applied for this part time position that I had no idea I was even competing for.

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    Wells Fargo2015-02-20
  4. "It's a sales job with little training."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor Trainee in Century City
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    You have the ability to generate great wealth for yourself if you can last long enough to build your book of business.

    Cons

    There is very little training. This is a sink or swim quickly scenario.

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    Wells Fargo2014-07-08

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