Wells Fargo Reviews in Summit, NJ | Glassdoor

Wells Fargo Summit Reviews

Updated May 8, 2018
15 reviews

Filter

Filter

Summit, NJ

3.2
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
1 Rating

15 Employee Reviews

Sort: PopularRatingDate

Pros
Cons
  • Work/life balance can be non existent depending on your business line (in 354 reviews)

  • No "product sales goals" have been replaced by "branch growth" (in 1249 reviews)

More Pros and Cons

  1. "Treasury Management Sales Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Treasury Management Sales Consultant in Summit, NJ
    Former Employee - Treasury Management Sales Consultant in Summit, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great people, great products and very organized approach to Treasury

    Cons

    Very big organization and you have to get used to that corporate environment and culture.


  2. "So so"

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

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

    Pros

    Good salaries, nice people around if you are lucky

    Cons

    No place to grow now

    Advice to Management

    None

  3. "Brokerage Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Brokerage Associate in Summit, NJ
    Current Employee - Brokerage Associate in Summit, NJ
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    it's a paying job. regular benefits such as health insurance.

    Cons

    Micromanaging to the extreme, role playing, reports for everything. No room for growth. The Bankers who didn't get caught for opening bogus accounts are now managers.
    -no work life balance
    -still can't trust HR.


  4. "Ok company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Insurance Account Executive in Summit, NJ
    Current Employee - Insurance Account Executive in Summit, NJ
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good benefits, 6% 401k match, decent PTO time, flexible hours

    Cons

    Terrible system, low raises and bonuses, not enough support people, lots and lots of compliance


  5. Helpful (1)

    "Business Development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development in Summit, NJ
    Former Employee - Business Development in Summit, NJ
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo (More than a year)

    Pros

    Working at Wells always opened doors and allowed for initial time to engagement with a client to be shorter than at most other smaller banks. It also had many services to be offered to help circle the client with many value add options.

    Cons

    The company is too big to be nimble or creative at the local level and decisions, sometimes even small ones, are seemingly made by folks with no direct interaction with the situation.

    Advice to Management

    Understand employee chemistry and long term potential and do not manage to the quarter. Many good people are dismissed for the numbers, without regard of how they are attained.


  6. Helpful (1)

    "Horrible"

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

    Pros

    Benefits, Employees from wachovia, PTO, 401k, pay is ok

    Cons

    Employees, Goals, Environment, Customers, Service, favoritism

    Advice to Management

    Stop having favoritism and make employees feel valued.


  7. Helpful (1)

    "Wells Fargo - Summit, NJ"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Client Service Associate in Summit, NJ
    Current Employee - Registered Client Service Associate in Summit, NJ
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Benefits, Vacation time and Location

    Cons

    Lower salary relative to competitors

  8. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst Program in Summit, NJ
    Current Employee - Financial Analyst Program in Summit, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Culture is very friendly and managment is very helpful. Career development is highly emphasized.

    Cons

    The pay isn't very competitive.


  9. "Mortgage"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Summit, NJ
    Former Employee - Anonymous Employee in Summit, NJ
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Good benefits, you can meet some really good people.

    Cons

    40-60 loan files to manage, Managers having nothing to do all day but email you on what has not been done never rolling up there sleeves to give a helping hand. Reports after reports and all they will talk about is there bonus if the team is not staying on top of all the time measurements. Good company just stay away from the mortgage division.

    Advice to Management

    Pull up you sleeves and give a helping hand to your team. It does not hurt for a manager to make a welcome call or a needs condition call.


  10. "Business Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Summit, NJ
    Former Employee - Business Analyst in Summit, NJ
    Doesn't Recommend
    Positive Outlook

    I worked at Wells Fargo (More than a year)

    Pros

    They promote a lot of growth from within.
    Good opportunities to grow and learn more. Work life Balance.

    Cons

    Cross Selling is the only focus now,


Showing 15 of 19,521 reviews
Reset Filters