Wells Fargo reviews

3.5

58% would recommend to a friend

(54,331 total reviews)
avatar

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 54,331 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
3.0
Sep 7, 2008
Recommend
CEO approval
Business Outlook

Pros

Quick promotion rate if you are effective at closing sales through various means.

Cons

High pressure to sell, even when you don't necessarily think it is something you "should" set the person up with. I often find myself feeling guilty for talking people into products they shouldn't be using.

4.0
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

National name, strong reputation in the banking community, excellent leadership at the top, cutting edge technology and detailed, ongoing training program.

Cons

In my particular situation, no local bank presence, sponsorships or advertising. No local loan processing...all loans were shipped to a differnt state to be processed.

5.0
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Very well branded company. Lots of processes but they have proven to be just in these unsettling credit markets. The company pays for performance and communicates effectively throughout the organization what is going on. Monthly conference calls on the state of the market as it is seen internally is very helpful in me providing the best service to my clients. Long tenured management helps to engrain the Wells Fargo philosophy in less experienced employees. I have found my experience at Wells Fargo to be both challending an rewarding. Armed with an MBA, this is an institution I could work at for a long time.

Cons

Large organization and very burecratic. Your ability to hit the home room can be very difficult as the organization is very process oriented and lacks entrepreneurial ingenuity in my group. Company gets very caught up in analysis which can feel paralyzing at times because everything needs a memo. Because the organization is so large, getting a response from senior management can take awhile because they seem to be so thinly spread. Would like to see more authority handed down so that decisions be made faster and the sales force can be much quicker and competitive to the needs of customers. In a down market it does not matter but when things pick up again, it will be tough if this continues.

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Glassdoor has 58,426 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.