Glassdoor is your free inside look at Wells Fargo reviews and ratings - including employee satisfaction and approval ratings for Wells Fargo CEO John G. Stumpf. All 3,329 reviews are posted anonymously by Wells Fargo employees.
74% of the CEO
John G. Stumpf
Current Employee – been working at Wells Fargo as a contractor for more than a year
Pros – Good sense of identity and shared values.
Cons – Multiple and complex systems across international sites
2013-04-26 09:18 PDT
2 people found this helpful
Current Employee – been working at Wells Fargo full-time for more than 10 years
Pros – There 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.
Cons – Very 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 Management – More 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
2013-05-13 13:31 PDT
1 person found this helpful
Current Employee – been working at Wells Fargo
Pros – Overtime , discounts on everything reputable company
Cons – Advancement is all who you know not what you know
Yes, I would recommend this company to a friend
2013-05-14 19:20 PDT
Current Employee – been working at Wells Fargo full-time for less than a year
Pros – Good place to work for fresher
Cons – Nothing to say about wells afrgo
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-19 19:56 PDT
Current Employee – been working at Wells Fargo full-time for more than 8 years
Pros – Large 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
Cons – Too 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 Management – Give 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
2013-05-18 19:07 PDT
Current Employee – been working at Wells Fargo full-time for less than a year
Pros – Good work hours and great people
Cons – Not much opportunity to move up.
Advice to Senior Management – More 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
2013-05-16 22:00 PDT
Current Employee – been working at Wells Fargo full-time for more than 10 years
Pros – I'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.
Cons – The 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 Management – Please 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
2013-05-17 08:46 PDT
Current Employee – been working at Wells Fargo full-time for more than a year
Pros – Competative Compensation for Tellers
Opportunities for Growth
Cons – Tough time scheduling Paid Time Off
Inadequate Training
Advice to Senior Management – Focus 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
2013-05-15 18:32 PDT
Current Employee – been working at Wells Fargo full-time for more than 10 years
Pros – Great 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!
Cons – Sales 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 Management – Wells 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
2013-05-15 20:35 PDT
Former Employee – worked at Wells Fargo full-time for more than 8 years
Pros – Lots of support from branch partners to help drive numbers
Management is very encouraging
Team members are generally easy to get along with
Cons – Goals are very aggressive and challenging
Advice to Senior Management – Take 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
2013-05-15 21:24 PDT
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