Wells Fargo Reviews in South Dakota | Glassdoor

Wells Fargo South Dakota Reviews

Updated April 18, 2017
47 reviews

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South Dakota

3.8
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
2 Ratings

47 Employee Reviews

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  1. Helpful (2)

    "Financial Crimes Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Crimes Specialist in Sioux Falls, SD
    Former Employee - Financial Crimes Specialist in Sioux Falls, SD
    Doesn't Recommend
    Negative Outlook

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

    Pros

    The health insurance, accommodating to people with disabilities

    Cons

    Hard taking time off. Even when you're sick that is a point against you. The stress level of meeting call quotas can be a struggle.


  2. "Amazing"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Teller in Yankton, SD
    Current Employee - Teller in Yankton, SD
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    The people I work with and the opportunity for advancement are great. Benefits are also really good and matched 401k

    Cons

    Way too many stipulations to follow. Always saying the customers name at least twice can get a bit annoying especially if you don't know how to say it

  3. "Work is more than money."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Phone Banker in Sioux Falls, SD
    Former Employee - Phone Banker in Sioux Falls, SD
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Compensation is good, advancement exists, and there is a position for any person.

    Cons

    High-Pressure, Unethical Sales Practices,

    Advice to Management

    Be more flexible. Be more open.


  4. ".NET Developer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - .NET Developer in Sioux Falls, SD
    Current Contractor - .NET Developer in Sioux Falls, SD
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Disapproves of CEO
    Pros
    Excellent benefits.
    Many locations, and ease of transfer if you move.
    Friendly, motivated coworkers.
    Good incentive compensation, and team-oriented goals.
    Many opportunities for promotion in a very wide variety of fields within the company.

    Cons

    Very high pressure to perform: Wells Fargo rates employees in the retail stores based on only two significant factors - Sales and service. If you aren't selling as much as you can every day.

    Advice to Management

    nothing as such


  5. "11 months and loving"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Phone Banker II in Sioux Falls, SD
    Current Employee - Phone Banker II in Sioux Falls, SD
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Here is some pros
    Advancement, They give you the tools you need to be success
    Friendly Environment: Co-workers, Team Lead, and upper management all want you succeed and will give great advice on how to achieve that.
    Training: Wells Fargo has one of the greatest training i've ever seen, they take some of their most veteran employees and have them assist the new employees

    Cons

    Cons: My opinion is this, there are always bad stuff about a business. As working for Wells Fargo i have not experienced any cons

    Advice to Management

    keep doing the best work for the company and for customers, even if media or customers think the bank is evil (its not)


  6. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Sioux Falls, SD
    Former Employee - Anonymous Employee in Sioux Falls, SD
    Recommends
    No opinion of CEO

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

    Pros

    Good benefits, great atmosphere, lots of training,overtime available, great for volunteering

    Cons

    Better Cap for team members, pay is below cost of living. Yearly self evaluation tool takes up to much time and doesn't really help the employees

    Advice to Management

    Need to have a better system for promotions and compensate employees based off cost of living


  7. "Securities Operations Service Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - South Dakota in Sioux Falls, SD
    Current Employee - South Dakota in Sioux Falls, SD
    Recommends
    Positive Outlook

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

    Pros

    Hours are great and very flexible to accomdate appointments, etc.

    Cons

    There is room for some growth but relocation is typically required to move up with the brokerage side of compliance.

    Advice to Management

    Direct management does everything within their means to make for a great work environment

  8. Helpful (1)

    "Great Company, w/ a Few Bad Leaders"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Process Analyst II in Sioux Falls, SD
    Former Employee - Business Process Analyst II in Sioux Falls, SD
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Benefits and Flexibility are great

    Cons

    Years of Service are held in higher regard and professional competency when advancement opportunities are available.

    Advice to Management

    Focus on talent retention.


  9. "Student Loan Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Student Loan Consultant in Sioux Falls, SD
    Current Employee - Student Loan Consultant in Sioux Falls, SD
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Great people to work with. Supervisors are kind, understanding and are motivated to help you succeed. My job consisted of taking inbound calls to assess the needs for a Student Loan. I was able to speak directly with parents and students to give them options for Education and I loved that. Each day consisted of outbound call time which gave us a chance to call the customers who had applied and assist them in completing the paperwork they needed to move forward. I was able to suggest banking products that would benefit them, but there was no pressure to cross-sell as in other departments

    Cons

    Wells Fargo always has a way to scam you out of your incentive. There were random Quality Assurance checks on calls that would dock you points for not saying "Thank you for your Service" if they were a vet, thanking them for their relationship in a definitive way. Some conversations don't go according to "text book" therefore these were put into place in my opinion to simply withhold incentive. There was little recourse to getting these QA's overturned. Wells Fargo also places too much emphasis on their Customer Loyalty scores. If another representative, a rate given, a denial or even a slight delay (could be the customers fault) could detract from your overall loyalty score. High pressure for cross-selling and unattainable goals handed down from the top are why WF is now suffering a PR problem. In my opinion as I stated almost daily, John Stumpf CEO should be fired immediately as well as the complete Executive board. They have created a hostile sales department and have made sure it is hard to do what is right for the customer. Wells Fargo makes you stay in your position for 12 months in order to change jobs or move ahead. Internally if a Wells Fargo employee gets a new position but isn't successful at it, Wells Fargo will not move them back, but will fire them rather than use them in a department conducive to their talents. A lot of good people stomped out of the market in Wells Fargo.

    Advice to Management

    Stand up against executives. When you want to force your people to sell, sell, sell because the executive office wants to make money, remember there is a problem. If you cannot meet those sales goals year after year, you yourself will be fired and considered a failure.


  10. Helpful (1)

    "A good introduction into more "adult" jobs"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Rapid City, SD
    Former Employee - Teller in Rapid City, SD
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Wells Fargo full-time

    Pros

    Good experience to have, decent pay for younger people, helps you learn real responsibility with money

    Cons

    Awful feeling of scamming struggling people, incredibly boring, nerve-wracking at times, no commission even though you participate in sales?

    Advice to Management

    Respect your tellers more. There was a lot of stress and sadness from my coworkers at the time before I left.


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