Wells Fargo reviews

3.5

57% would recommend to a friend

(54,437 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 54,437 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
3.0
Dec 26, 2008
Recommend
CEO approval
Business Outlook

Pros

The banking technology is the best

Cons

The sales culture and the bonus structure create a climate of employee sabotage among peers with a management structure unable to push back on national compensation processes.

5.0
Dec 20, 2008
Recommend
CEO approval
Business Outlook

Pros

close to home, fun work and great respect in the community. interesting information in the banking business. career opportunites abound for us in victoria. communication within the local management is great. pay is fair and we know we are worth more and can probibly get more if we move to another bank but we continue to stay because the company offers a lot to us. employee morale in the victoria banks is low but varied among managers.

Cons

their manditory use of customer worksheets and morale between branches is at it's worse. it's almost like you are in a reality show and competing in individual challenges and not as a team. the goals are reasonable and can be obtained if more mentoring between bankers was utilized and not forced use of the caw sheet.

2.0
Dec 18, 2008
Recommend
CEO approval
Business Outlook

Pros

It is a great place to start a career in finance. They pay a good minimum salary and the company pays tuition reimbursement.

Cons

There are significant moral and ethical challenges. There is extreme stress related to production. The leads are used, reused, and ultimately overused. Management is not based on ability to lead but sales production so sometimes there will be managers who will power trip and are just unfit to lead. It gets really boring sitting in an office starring at a computer screen all day. The products are inferior and people are more knowledgeable about the subprime market now. Lastly, you are only worth the money you can consistently bring to the company.

Viewing 54193 - 54195 of 54,437 Reviews

Glassdoor has 58,543 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.