Wells Fargo reviews

3.5

57% would recommend to a friend

(54,522 total reviews)
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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 54,522 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
4.0
Sep 17, 2011
Recommend
CEO approval
Business Outlook

Pros

Generous paid time off; volunteering is encouraged; diverse networking opportunities from company-sponsored networking groups; 401k profit sharing; some departments and job roles allow for flexible shifts and ability to work remotely sometimes.

Cons

Leadership without authority is a bizz word and line associates are rated on it. The problem is management does not help associates develop this skill, or are even able to explain what it means or to give examples. This means many employees in some divisions are rated as poor performing in this area, but are not given the support or tools to develop.

3.0
Sep 16, 2011
Recommend
CEO approval
Business Outlook

Pros

Benefits package, employee recognition, opportunities for advancement, stablilty, time off, convenient locations usually make for a short commute.

Cons

Too much micromanaging, unrealistic sales goals that tempt even the most honest people to bend the rules or compromise what's best for the customer. Upper management is out of touch with the demands placed on bankers at the retail level. A lot of sales manipulation goes undetected by management, and at times is even overlooked, because of the personal benifit received from reaching sales goals. Unfortuntaley, I can't say that many people are looking out for the customers best interest. Service issues are avoided in an attempt to spend more time on sales. Wells Fargo is just too big of a bank, the various departments do not work well with each other, as much as they advertise relationship banking, it is very difficult to deliver the personal touch when the various other departments are constrained to working and operating in their little box. Subjectivity and common sense are abandoned on so many occasions and instead the customes are subjected a very robotic, impersonal, and frustrating customer service process. For example, it took me several hours to get a credit card approved because the customer ( who had over 100k in avg balances) had an old savings acct charged off her 60 cents. This was the result of a bank error in the first place, but I had to talke to about 7 different people before I could get anywhere, and unfortunatley this is standard practice. Bank is too big, too segregated. The retail branch is the last place the customer can go for service, but it's increasingly difficult to help as the bankers are ever more reliant on the other departments to help them

Viewing 54142 - 54144 of 54,522 Reviews

Glassdoor has 58,629 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.