Wells Fargo reviews

3.5

57% would recommend to a friend

(54,408 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 54,408 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
Oct 17, 2008
Recommend
CEO approval
Business Outlook

Pros

stability, any idiot without an education can go pretty far there as long as you can talk customers in to useless products they do not need. Lots of opportunities for advancement if you put your own personal goals ahead of the clients.

Cons

talking customers into products they do not need. upper management encourages unethical practices. organization is built around sales not customer service that they claim they are. I worked there for five years and finally I had to leave, because everybody knows that unethical sales practices are taking place but nobody does anything about it. All the way up through district management and market area presidents.

4.0
Oct 16, 2008
Recommend
CEO approval
Business Outlook

Pros

They are a very good company to work with because its one of the very few banks out there that has the resources for employees to advance and enleashed one's potential. This bank can provide you with the best available managers and tools so anyone wishing to advance themselves and do so with ease. Also, since this is a hugh bank, there are many good career opportunities for each employee to advance themselves. The whole structure of personnel and employee services available is quite resouseful in comparison to other companies. Overall satisfaction will be very high for anybody working with Wells Fargo.

Cons

Sometimes because its hugh a big company, management doesn't carter to all the specific needs of employees as prompt as they should. An example would be If a certain challenge arise in the company, one would be difficult to communicate to their Senior Management to change or better the situation. It would take weeks and months time to get the message accross. Since it is a very big company, whatever action takes lengthy of time to roll out. Also, there should be better training provided to all employees and more knowledge and training offer to existing employees who has been with the company for over 5 years.

5.0
Oct 15, 2008
Recommend
CEO approval
Business Outlook

Pros

There are ample opportunities for professional development including quarterly to annual development planning meetings with your direct manager. In these meetings, they discuss with you what your career goals and long-term passions are. Then together you create a plan to help you work toward those goals, whether it is learning a new skill or job-shadowing someone in a different department. Throughout the company, there is a strong support of work-life balance. If I am traveling for several days at a time, I am able to work remotely from home the next few days in order to be visible to my children.

Cons

Because it is a financial institution in difficult financial market, positions and department with sales goals sometimes struggle. Also, the instability in the market makes some employees hesitant or insecure about their jobs. However, those who have been with the company for many years are able to reassure them of the strength and stability of the company and ease these worries. In addition, those with positions in an actual bank (Wells Fargo or another) always have the unfortunate possibility of being involved or present for a bank robbery. But, Wells Fargo has MANY compliance processes to avoid these situations and various types of support for employees after a situation like this occurs.

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