Wells Fargo reviews

3.5

58% would recommend to a friend

(54,308 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 54,308 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
Aug 16, 2008
Recommend
CEO approval
Business Outlook

Pros

The company was well run and seemed to have a good strategic plan. The senior managers all had many years of experience with the company and were very capable. Also, good benefits for employees including 25 PTO in first year. A lot of training opportunities. Almost everyone else I met at the company was very satisfied with how they were treadted

Cons

Felt like there was limited upside. The pay was ok, but not as good as other banks. The company approach to business is very conservative, which can be frustrating. From a business standpoint this was a good thing, but not quite so exciting when young.

4.0
Aug 13, 2008
Recommend
CEO approval
Business Outlook

Pros

Wonderful benefits package, even if you're only working part time. To start, you receive 20 paid vacation days per year, plus 6 federal holidays off. Great hours to work--sometimes half a day on Saturday, but never evenings or Sundays.

Cons

Because Wells Fargo is such a huge organization, it can be very political. By the time communication reaches a branch level, you sometimes feel as if corporate has no idea what's going on in the retail stores. Numbers are HUGELY important, and sales are often more important than what's best for the customer.

5.0
Aug 11, 2008
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is hands down the best place I have EVER worked for. If I had an actual interest in banking as a career, I would undoubtedly stay with this company for my entire life. Management works hand in hand with you to help you succeed. Upper management makes regular visits to the branches to check in on the staff and assist us in moving up. Believe me, if you are ambitious and a hard worker, there is no way NOT to do well with this company. You don't necessarily need to have any sort of degree either. If someone were to start out at Wells with just a high school diploma, you can still easily move up. Simply do well! Pay attention, ask questions, provide customer service, and SMILE. It's that simple. AND, Wells Fargo has a GREAT tuition reimbursement program for it's employees, so if you get a job you can educate yourself to better your career with them after one year and they'll pick up the tab! Wells Fargo really, truly, cares about their employees. The pay is great, especially for an entry level position! Working for a large company such as Wells Fargo offers great job security too. While our economy is doing so poorly, this is a very important aspect of a prospective job. As other banks continue to downsize, Wells Fargo is increasing it's profits. It pays to be helpful too. The incentive pay for sales and customer service is great. There are so many different ways to get bonuses on your paychecks! Catch a fraudulent transaction, get a bonus. Have top customer surveys for the quarter, get a bonus. Achieve a very low sales goal, get a bonus. It's easy to get overtime too. There are always branches around that are going to be short staffed. Tell your manager that you are interested in getting some overtime, and they will send you to another branch to help them be staffed accordingly.

Cons

As any customer service position, you have to deal with some very unruly customers from time to time. Especially dealing with something as personal as someone's money. Explaining why someone is dirt poor to them is never enjoyable. Though, this is not central to Wells Fargo. You will find this in any banking position.

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