Wells Fargo reviews

3.5

58% would recommend to a friend

(54,350 total reviews)
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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
2.0
Sep 25, 2021

Sad, sad state of affairs

Recommend
CEO approval
Business Outlook

Pros

There are always nice people in every job - folks who actually want to do a good job and be helpful.

Cons

If you want to be a eunuch then Wells Fargo is the place for you! While they present an attractive image in their mission and value statements, the reality is quite different - the majority of people you interact with are dispirited, disillusioned, mentally exhausted, and unmotivated. They are just treading water until it is time to retire. I have been in business for 27 years and worked previously at Wells over 20 years ago. The amazing thing is they have not grown as an organization in those past two decades. The same dominance-based structure is firmly in place - one that withholds information from the employees in order to allow the managers to feel they are in control. Perhaps they believe they are adding value? It is a pretty sad state of affairs when territorialism and protecting your image are the main goals of the so-called leadership (in actuality, 'rudderless ship' is the best analogy). Saul van Beurden is very compelling and seems open minded and helpful - but the reality is you will never work for anyone like him. Your managers will be barely literate and emotionally stunted individuals who never say 'Thank You' or acknowledge your work ('No, folks - a paycheck really is not enough!'). Purportedly they are implementing Agile but it is really Agile in name only; the teams are completely disempowered and unable to plan given the shifting requirements and paucity of information. Again, it feels like this is a control issue where the many levels of weak management don't want to face their approaching obsolescence. Sad state of affairs - so many people wasting their lives working in meaningless job. It is a paycheck - and that is the best you can hope for at WF.

1.0
Aug 21, 2021
Recommend
CEO approval
Business Outlook

Pros

Some job security, health benefits, and 401k.

Cons

I’ve been at this company for 4 years and have worked as a teller, banker, and now fraud specialist. Let me tell you, this company does not have their stuff together. If you’re a person who has a growth mindset then this place will disappoint you and ultimately hinder you. Management is horrible, you can express your concerns, problems, offer solutions and be enthusiastic about improvement and growing within the company. It really means nothing. Wells Fargo has no problem with demanding certain expectations of their employees when it comes to sales, production goals etc. However, they do not operate by the same standards. The workplace culture is more focused on micro management. (even though it appears no one really knows how to do their job) Lastly, they will implement changes randomly and add on more responsibility with little to no training or compensation. This place will truly have you working harder, making less, and confused about whether or not you actually know how to do your job.

4.0
Aug 6, 2020
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo has provided me the opportunity to work from home for last 10 years, which is a godsend for life-work balance.

Cons

New management, layoffs of thousands of American employees while retaining and hiring overseas (India) for high salaried technical positions. No advancement for existing tech employees (hire from outside).

Viewing 40 - 42 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.