Wells Fargo reviews

3.5

57% would recommend to a friend

(54,530 total reviews)
avatar

Charlie Scharf

61% approve of CEO

54% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,530 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

55K reviews
1.0
Jan 23, 2010
Recommend
CEO approval
Business Outlook

Pros

Good starting point if you are inexperienced to banking. Good benefits

Cons

Wells wants to be the next Wamu. In their desire to gain market share, they are putting more emphasis on quantity over quality of banking relationships. They want to be the walmart of banks and just like walmart, employee turnover is increasing. Management promotes from within only to keep salaries down.

4.0
Jan 21, 2010
Recommend
CEO approval
Business Outlook

Pros

It's a good place to learn basic sales skills They offer great benefits and bonus incentives Good upper level management

Cons

Prepare to be micromanaged The pay is only good if you meet the monthly criteria of product goals, which in this economy isn't the easiest thing to do.

1.0
Jan 21, 2010
Recommend
CEO approval
Business Outlook

Pros

Good benefits and salary is competitive, that's it.

Cons

You dont know true micro-management unless you've worked at Wells Fargo. Everything we do is analyzed to death to the point that it becomes counterproductuve. The sales process is also way too long with all of the paperwork we need to complete and the fact that we actually need approval to open each account, which is ridiculous. Wells has taken away all of the responsibility we used to have and treats us like children. Also, clients are becoming annoyed now that we try to sell them something every time they step into the bank. With all of this, sales goals are absolutely absurd. They are so astronomical that its laughable. All the company cares about is your sales numbers, period. They could care less about the employee, and it is very frustrating to work there anmd deal with this. Very tough bank to work for!

Viewing 54010 - 54012 of 54,530 Reviews

Glassdoor has 58,637 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.