Wells Fargo reviews

3.5

58% would recommend to a friend

(54,350 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 54,350 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 Financial Services industry (3.7 stars).

Reviews by job title

54K reviews
1.0
Jan 27, 2009
Recommend
CEO approval
Business Outlook

Pros

Strong bank with strong traditions in lending. Strong name recognition with customers.

Cons

You will not have a life, you will be expexted to sell to friends and family twenty four hours seven days a week. They will change your compinsation plan each year to make it harder for you to earn incentive compensation. Be prepared to cold call and be yelled at by customers and management. If you are not meeting their goals that are set extremily high you will stay late and make outbound calls. Your job will be threatened by putting you on corrective action including being terminated for notmaking sales goals. Plenty of team members will seel inappropreate products to customers including credit products.

1.0
Oct 25, 2024
Recommend
CEO approval
Business Outlook

Pros

They can’t give you any sales goals because of previous lawsuits. You work in AC. Job is easy and someone with a double digit IQ can do it.

Cons

The hours end up being way longer than 9-5. They have so many mandatory meetings, that could have been emails, first thing in the morning. Management and above seems like they are cashing in on all of their employees, while everyone else was struggling to survive and many people had multiple jobs. All the extra bonuses you could get as a personal banker were based on customer satisfaction scores that were across the entire branch, which included teller line. So if the teller line got negative scores you would not be getting a bonus, even if it had nothing to do with you. Wells Fargo did this kind of thing to make sure they paid everyone as little money as possible.

1.0
May 19, 2024

Glorified Sales Job

Recommend
CEO approval
Business Outlook

Pros

I have some great coworkers to commiserate with.

Cons

As a Personal Banker the pay is insulting. It's one dollar more than what the Tellers make, but one hundred times the work. You will be a banker, a teller, a notary and an LMO. You will also be expected to do lobby engagement even when nobody is in the lobby. You will also be assigned multiple control tasks every month that add additional work. It feels like I'm doing 5 jobs but only getting paid for one. It's unbelievably stressful and overwhelming every single day. Customers treat you like dirt on a daily basis. And management will push you to meet "goals" which is just another term for sales. I don't think many people understand how much of a sales job this really is. I certainly didn't. You're also expected to make outreach calls to customers every single day. Sales. Sales. Sales. I absolutely dread going into work and feel absolutely defeated by the end of day. Horrible way to live.

Viewing 34 - 36 of 54,350 Reviews

Glassdoor has 58,445 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.