Wells Fargo Employee Reviews about "sales goals"

Updated Jan 22, 2021

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3.7
66%
Recommend to a Friend
69%
Approve of CEO
Wells Fargo CEO Charlie Scharf
Charlie Scharf
2,619 Ratings
Pros
  • "Good management and great benefits(in 2147 reviews)

  • "Great company with good benefits(in 1601 reviews)

  • Cons
  • "There was a lot of pressure to meet sales goals(in 1368 reviews)

  • "Manage upper management is always there to make sure you’re doing things right(in 642 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Reviews about "sales goals"

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    1. 5.0
      Current Employee, more than 8 years

      Team member experience is awesome

      Sep 15, 2019 - Personal Banker 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits; PTO, 401k plan, health insurance, dental, vision. No sales goals

      Cons

      Pay is very low, Incentive program is a mess. Bankers in other financial institutions get paid much more They expect us to get “loan volume” and “growth” but our incentive is a joke.

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    2. 3.0
      Current Employee

      Depends...

      Dec 2, 2020 - Lead Teller in Coeur d'Alene, ID
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Benefits package -Wells look good on a resume

      Cons

      -Cliquey management teams -New company direction ruins a lot of career and development plans for employees -Compensation lower than other banks -Clear lack of vision from upper management, the bank is at fault for almost all of the issues/scandals that it faces. -The company will have a major "focus" that it hammers into its team members for a few weeks/months, then drops the idea completely and moves on to something else. It's blatantly obvious that all of these ideas (Packages of change, change for the better, customer first, the recent complaints emphasis...) are just to appease some regulator, but the part that makes my laugh the most is how we are still failing to comply with the regulators' standards. -If you are a motivated individual, I'd encourage you to consider other avenues. Because of the scandals Wells has faced in the past, there are no sales goals, which many employees have taken as "we don't have to do anything more than the bare minimum." It creates a disheartening work environment for those trying to get ahead.

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    3. 5.0
      Former Employee, more than 1 year

      Loved my job but lots before me didn't

      Dec 14, 2020 - Lead Teller in Chico, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I started working for Wells Fargo right after they had a big scandal with some of their employees so they had gotten rid of a lot of the sales goals, so there was way less pressure on me in that regard, but the best part of my job there was the people I worked with. I loved it there.

      Cons

      I had to work some Sundays.

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    4. 5.0
      Former Employee

      Great

      Dec 23, 2020 - Part Time Teller 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Pay is less than a lot of other banks atleast in my experience, but the training was so intensive and I appreciated that I really felt properly prepared.

      Cons

      Pressure to make incentives. There was a lot of pressure to meet sales goals. But at the time I started it was at the head of the scandal they had and they did relax and it became more of a cumulative team effort

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    5. 3.0
      Current Employee, more than 5 years

      Decent employer

      Jan 9, 2021 - Personal Banker in Orlando, FL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      401k 6% match. Quarterly bonuses (although the metrics for it keep changing almost every quarter. No sales goals.

      Cons

      Your experience will vary greatly depending on the district you work at. Some managers want to do the right thing for the customers and employees. Others are completely disassociated with the daily operation of branches. The pay has stagnated and is no longer competitive with similar financial institutions. Growth potential will vary by area as well.

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    6. 3.0
      Former Employee, less than 1 year

      Push you to make sales goals

      Jan 22, 2021 - Teller in Milwaukee, WI
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The pay is good for a job that doesn't require previous experience, not physically demanding, even part time employees get full benefits

      Cons

      You are micromanaged, every quarter you meet with management to discuss sales goals, during the shift they watch your customer interactions and point out how you could've sold the customer on something.

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    7. 1.0