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Wells Fargo
3.1 of 5 3,328 reviews
www.wellsfargo.com San Francisco, CA 5000+ Employees
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Wells Fargo Reviews

Updated May 20, 2013
All Employees Current Employees Only

3.1 3,328 reviews

                             

74% Approve of the CEO

Wells Fargo President, CEO, and Director John G. Stumpf

John G. Stumpf

(1,856 ratings)

55% of employees recommend this company to a friend
3,329 employee reviews
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London, England

Current Employee – been working at Wells Fargo as a contractor for more than a year

ProsGood sense of identity and shared values.

ConsMultiple and complex systems across international sites

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2 people found this helpful  

Current Employee – been working at Wells Fargo full-time for more than 10 years

ProsThere are a plethora of opportunities at WFB. If you are ambitious you will go places. If you can manage up you will even go farther. You can basically write your own ticket and enjoy a long career here.

ConsVery political culture. A bit dog eat dog. Good Managers/leaders are hard to find through all the big egos at the top. As long as the bad managers are good at managing up it doesn't matter how they treat their team, they still seem to live on.

Advice to Senior ManagementMore teambuilding opportunities to bridge the gap between senior management and the worker bees.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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1 person found this helpful  

Current Employee – been working at Wells Fargo

ProsOvertime , discounts on everything reputable company

ConsAdvancement is all who you know not what you know

Yes, I would recommend this company to a friend

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Hyderābād (India)

Current Employee – been working at Wells Fargo full-time for less than a year

ProsGood place to work for fresher

ConsNothing to say about wells afrgo

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Los Angeles, CA (US)

Current Employee – been working at Wells Fargo full-time for more than 8 years

ProsLarge bank with with overall good opportunity for growth in your career. Very talented people working in the organization throughout. Competitive salaries at higher level positions, employee discounts for banking services, Good place to challenge your skill set

ConsToo many fire drills or last minute assignments routinely, company believes people should work non stop, company talks work life balance but does not follow the model. Too many emails and conference calls taking you away from doing your primary work

Advice to Senior ManagementGive employees more ability to make decisions in their leadership roles, ask the employees and leaders doing the work before making broad decisions. Practice work life balance, not only in theory.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Salt Lake City, UT (US)

Current Employee – been working at Wells Fargo full-time for less than a year

ProsGood work hours and great people

ConsNot much opportunity to move up.

Advice to Senior ManagementMore opportunities for the guys on the bottom

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Charlotte, NC (US)

Current Employee – been working at Wells Fargo full-time for more than 10 years

ProsI'm very happy with my job and am lucky enough to work for a department with some great front-line managers (although there are some less-than-stellar managers above) and really talented professionals as coworkers.

ConsThe pay is FAR below market rate and the company knows this! As long as you are paid more than 80% of the suggested pay for your job then it's very hard to get good raises to get much higher. Some departments pay at least 90%, some departments hire people in at 100%. There is a pay policy but it is so generic that it allows too much freedom to the management lines to continue to underpay employees.

Advice to Senior ManagementPlease take an opportunity to have business lines create (and adhere to) a fair pay strategy for ALL employees. I realize that executive compensation is a different beast, but why not apply the golden rule and treat others how you wish to be treated. Ask yourself, "If I am getting a 20% raise this year, is it fair that I limited my employee's departmental raise budgets to 2%?" Treating compensation as anything other than the MOST important aspect of an employee's career is ignorant. If you don't pay us a fair wage, we leave...and that extra $15K you could have spent to keep me will be wasted immediately in training someone else to do my job, and probably at a higher rate at that. Your shareholders expect you to be logical, remember?

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Antananarivo (Madagascar)

Current Employee – been working at Wells Fargo full-time for more than a year

ProsCompetative Compensation for Tellers
Opportunities for Growth

ConsTough time scheduling Paid Time Off
Inadequate Training

Advice to Senior ManagementFocus more on training, it will help in loss prevention and retaining employees

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Current Employee – been working at Wells Fargo full-time for more than 10 years

ProsGreat company overall. Been with Wells Fargo over 10 years, planning to stay for the duration. Past experience with other large financial institutions such as BofA, Chase, Edward Jones...etc... WF comes on top for me. However, experience with Wells Fargo varies drastically between business lines... So, choose wisely!

ConsSales culture is exactly what you would expect in a successful company...that is not the issue... too many individuals placed in mid/senior level positions have driven parts of the sales groups to the ground with poor leadership. Specifically, many mid/senior level managers seem to draw inspiration from the movie "boiler room"

Advice to Senior ManagementWells Fargo touts "people are our competitive advantage" if you want your dedicated employees to believe that, investigate areas where there are extremely high attrition rates. I am not referring to retail banking - that part of banking with always have high turnover due to the nature of it- no matter what company. However, If a business professional division is losing majority of their senior level employees, why is no one looking into this?

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Former Employee – worked at Wells Fargo full-time for more than 8 years

ProsLots of support from branch partners to help drive numbers
Management is very encouraging
Team members are generally easy to get along with

ConsGoals are very aggressive and challenging

Advice to Senior ManagementTake care of those bankers and keep them
Happy because clients can tell if they're dealing with a disgruntled banker

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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