Wells Fargo reviews

3.5

57% would recommend to a friend

(54,448 total reviews)
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Charlie Scharf

62% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,448 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Wells Fargo employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

54K reviews
4.0
Oct 27, 2021
Recommend
CEO approval
Business Outlook

Pros

You'll never find a company like this. -13th Month Pay -Insurance -Retirement Fund (after 5 years) -Paid Sick Leaves -Paid Vacation Leaves -REAL work life balance -Yearly salary increases based on performance -WFH, all equipment provided -HMO coverage -Internet subsidy/reimbursement -Vaccination coverage -Shuttle in/out of work -Salary compensation is above average than usual in the Philippines. -Inclusive community/work environment

Cons

-It's a financial entity/account. You get to talk and deal with the most unreasonable and difficult Kens and Karens of the United States almost everyday. If you don't have the stomach or the patience for it, training will be a hell for you. -Again, it's a financial account. It's very technical and my OJT days were a hell but I still managed to survive. -Lackluster training. My batch was part of the experimental batch that was released in the production when everyone was obviously not ready. -How I wish my salary was WAY BIGGER than the industry standard for my position. I wished I know how big they provide for salary.

1.0
Oct 7, 2021
Recommend
CEO approval
Business Outlook

Pros

There are more cons than pros.

Cons

Poor management, toxic culture created and supported by senior leaders and HR. No respect for employees opinion and feedback. Managers and senior managers play dirty politics. Some of the managers are highly unethical and go to any level to destroy people's career and when employees report this behavior to next level, it gets even worse and these employees are targetted. Most of the management layer is extremely biased and authoritative. They treat their reportees like slaves. Thats why the attrition is very high. While Wells Fargo India is hiring in herds every week, people keep leaving the org rapidly in very short time.

1.0
Oct 7, 2021

Terrible Company

Recommend
CEO approval
Business Outlook

Pros

*Access to a wide variety of investment options and the ability to access banking products for clients that are interested.

Cons

*Incredible waste and overhead from redundant layers of management. Many could be fired tomorrow and employees wouldn't notice. There are also unnecessary job positions like "productivity consultants" that do nothing except forward e-mails with information that's already available to us. *Technology is awful. My computer constantly freezes for the most basic functions like minimizing a window. I've had several computers and essentially they are so cheap they can't run our software efficiently. Things that should be done in a few minutes end up taking much longer. *Advisors have pay cut almost every year except when the bank had the scandal and they couldn't afford to lose more Advisors. *They only care about high net worth clients and nobody else. *Advisors are unable to discount trades beyond 5% without paying for it themselves. *Back office support is extremely incompetent, inefficient, and has no accountability.

Viewing 313 - 315 of 54,448 Reviews

Glassdoor has 58,555 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.