Wells Fargo reviews

3.5

57% would recommend to a friend

(54,463 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 54,463 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
1.0
Jul 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Made some great business contacts. Fun happy hours.

Cons

Putting customers in bad loans; 10% 1st mortgages, in addition to thousands of dollars in points and other fees. 27% refi on car loans (when their original rate was 9%) extending their loan back out to 60 months(when they had 40 months left) in exchange for $750, truly criminal....

4.0
Jul 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is a very enclusive work evironment. They will pay up to $5000 per year for higher education as long as it is toward a Business degree or Business advancement. Wells Fargo matches in their 401K of 6% up to 100% of your salary; and gives 20 Paid Time Off when you first get hired.

Cons

Wells Fargo is a very sales oriented environment. I dont recommend this company if anyone is timid of asking lots of financial questions to people. They are considered a "widget" based company to where they want everyone to have checking, savings, debit card, credit card, rewards, online banking, mortgage, investment accts......after a while, the "widget" driven environment gets old. Their bonus structure is capped, so if an employee has a great quarter in sales and does 200% above goal, then the max payout is $5500.....which is not alot in the "sales" world.

2.0
Jul 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo pays well and offers great benifits. They are also good at making sure that you have everything you need to do you job and are not cheap in purchacing.

Cons

Wells Fargo is extreamly sales driven. Ethics only come into play when someone complains. Employs are pushed to hit their goals and to do it anyway posible. This varys from Manager to manager but is built into the culture at Wells Fargo.

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