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Wells Fargo Director Reviews

Updated Oct 14, 2019

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2.7
StarStarStarStarStar
Rating TrendsRating Trends
26%
Recommend to a Friend
0%
Approve of CEO
Wells Fargo CEO Allen Parker
Allen Parker
3 Ratings
  1. Helpful (1)

    "Transition ongoing, trying to be a real investment bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Nice people generally, the old commercial bank culture can be less demanding on investment banking professionals

    Cons

    Slow; screwed Wachovia staff on comp for 2008 and 2009; not clear that they really want to be in investment banking

    Advice to Management

    Figure out if you are going to play with the big boys or not

    Wells Fargo2014-09-26
  2. Helpful (1)

    "Good compensation, horrible culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director, Trading in Charlotte, NC
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Good, wall-street-like competitive compensation. Good benefits.

    Cons

    Horrible culture. Extreme cronyism

    Advice to Management

    Be more open and honest with your staff

    Wells Fargo2014-09-23
  3. "Ovearall great experience for banking industry."

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

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Solid company that sticks to its principles through good times and bad. People in general are good people to work with and plenty of opportunities for those who are looking for it.

    Cons

    Overly conservative on some names that have been industry namesakes for decades. Teams tended to work in silos without much collaboration to ensure that the client experience was the best it could be.

    Advice to Management

    Loosen the purse strings on some names that are not overly risky in the long term and help the teams to better focus on the needs of the client and do the right thing for client and not necessarily the best thing for the associate or the team they reside on.

    Wells Fargo2014-09-02
  4. "Good company, they care about the communities where they operate."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Director in San Francisco, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 5 years

    Pros

    I love they are concerned with sustainability, communities and their employees

    Cons

    Many of the managers should no be managers as they have no skills as to how to manage.

    Advice to Management

    Get management training classes for managers!

    Wells Fargo2014-07-23
  5. "All the same problems as other big companies"

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

    I worked at Wells Fargo full-time for more than 8 years

    Pros

    Dominant market position; stock price appreciation

    Cons

    Becoming overly obsessed with "diversity" instead of just promoting the best people. Layers of management, many of which just manage up.

    Advice to Management

    Advance managers that lean towards courage and truth telling rather than protecting their position and placating their superiors.

    Wells Fargo2014-07-14
  6. Helpful (1)

    "Horrible! Worse working experience of my life."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Work Director in Atlanta, GA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 8 years

    Pros

    it is a job to have in this tough economy. The company was a good company to work for when it was Wachovia.

    Cons

    Not family oriented, do not care about employees or external customers. They cut all bonuses, incentive pay, sick time, and terrible benefits. Back stabbing individuals and laying them off is not the way to do business. The pay is awful when you ask so much out of your employees. Everything was ok at first being Wachovia, but after the merger and Wells Fargo took over, the "cut throat" and "back stabbing" began.... The moral was a all time low. The people started to not care, because of how they were being treated.

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    Advice to Management

    Stop the micro management and let people work. Be more loyal to your staff as they are to you.

    Wells Fargo2013-11-11
  7. "Great stable bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than 10 years

    Pros

    WF is a great bank which offers many opportunities for talented employees.

    Cons

    Some employees are lazy and they do not perform well while the top talent gets assigned more and more work to make up for these people.

    Advice to Management

    Management needs to reward top talent. Low performers need to have consequences and their lack of work ethic should not be tolerated.

    Wells Fargo2012-10-06
  8. "Great place to work if you want a good work-life balance with less play"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Director in Charlotte, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than 5 years

    Pros

    Huge organization, can move around. Good benefits like health and retirement plan Not a stressful place to work. Changes are not made quickly, its a thought thru process.

    Cons

    Extremely Bureaucratic and process oriented No incentive to work harder & better since the bonus is fixed Generally the pay structure is low unless you have hard-to-find skills

    Wells Fargo2012-06-15
  9. "I have learned a lot of great things in the company that I probably wouldn't l;earn anywhere else."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Public Relations Director in San Antonio, TX
    Recommends
    Approves of CEO

    I worked at Wells Fargo

    Pros

    They give you reasonable hours and they also pay very well. They have nice employees over there who are willing to help you when you need help and Wells Fargo always puts there employees before anything else.

    Cons

    There is nothing i have bad to say about Wells Fargo.

    Wells Fargo2012-05-22
  10. Helpful (1)

    "The Most Boring Position You Will Ever Have"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Stage Director in Murrieta, CA
    Doesn't Recommend
    No opinion of CEO

    I worked at Wells Fargo

    Pros

    Comprehensive Training- Lasted approx 2 weeks Seemed to be flexible with scheduling Friendly Co-Workers Helpful Co-Workers Good sense of community within workplace

    Cons

    This position is basically an obnoxious greeter who stands up front that none of the customers want to talk to. You literally stand for 8 hours a day asking people what they're doing at the bank today. Of course they don't want to talk to you!! Lots of pressure to meet your "sales quota", even though you're not a banker or a teller. You are still expected to perform by providing the bankers and tellers with a... set number of referrals each quarter. Should do away with the position if they haven't already. Customers don't like it!!!

    Show More

    Advice to Management

    Listen to what the customers want. If 90% of the people walking through the door don't want to talk to your "greeters" or "stage directors" as you like to call them, get rid of them. From personal experience and my time spent working here, it is vehemently clear that people don't like someone bothering them with a million interrogating questions. People like to go about their business without being bothered as to... what services the bank could possibly sell them on.

    Show More
    Wells Fargo2011-12-20
Found 53 reviews