3 State/Region Perspective of Wells Fargo, Honest comparison to US BANK - Store Manager Wells Fargo Employee Review

5.0
10 Oct 2009
Recommend
CEO approval
Business outlook

Pros

The biggest Pro in my book: I love love love Wells Fargo. That being said I have had times where I have been extreemly unhappy while working for them. Wells Fargo is a Huge company. When managers follow the mission statement and values of the bank, all of their employee's really enjoy working at Wells. For the most part Senior managment follow the values of the bank to the T. But there are over a quarter million employee's so there are bound to be a few bad apples. The Pro is, if you findyourself unhappy you can always transfer someonewhere else and you will find that the management is different, the culture is different, the sales pressure is different. I've worked for Wells Fargo in 3 states which were in 3 different regions. The banking was the same in each one, The culture was totally different. 3rd time's the charm, I've found the perfect fit for me. Benifits: -6% matching in 401k. That beats the industry average of 3%. I haven't found a bank that comes close. -Health/Dental/other benifits: On par with the best of banks out there. -Industry high of at least 4 weeks paid vacation 5 weeks for managment Technology: -Some of the most upgraded/high tech/user friendly/paperless processes in the industry. Documents are not kept in old file cabinets, they are scaned and stored online. Account opening is not done on paper like at US BANK, it is done on the computer with a digital signiture pad. This is all important because it makes your job easier. Pay: It is right on par with the industry. Look at other Banks on this website, the pay is about the same anywhere you go. Advancment: If you are willing to relocate you can move up almost as fast as you want. Wells fargo on the retail banking side almost exclusivly hires from within.

Cons

Advancement: if you are not willing to move, you have to get in line and wait. From what I've seen, the more urban a market the longer you have to wait. Pay: Bonus's are based on completing your sales plan. If you are in the wronge store at the wrong time you won't get a good pay out. -annual raises are 3-5% Sales pressure: Sales pressure varries by state and market. If you work in Vegas or California the pressure is imense. Iowa or Alaska and its nothing. Utah, Colorado, idaho middle of the road pressure.

Explore other reviews about Wells Fargo

5.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great culture, great community aspect

Cons

Some people are overworked, still slow off of past history

4.0
1 Dec 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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