Wells Fargo reviews

3.5

57% would recommend to a friend

(54,418 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 54,418 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
May 10, 2022
Recommend
CEO approval
Business Outlook

Pros

Benefits are good. Pay is ok depending on the role.

Cons

Leadership is out of touch with employees. They want agile but lack empathy. They threaten with metrics. They force return to office despite employee objections, and waste enormous amounts of money discussing it. There is a strong command and control culture. And there is practically no change management across the board. All of this leads to low employee morale and engagement, further making any transformation minimal if possible. And when employees speak up, they get attacked for complaining, or simply ignored. Having said all this, how do I know leadership is disconnected? Because they hold town halls and claim the data doesn’t show that return to office is a problem. Clearly because they don’t listen to the people.

2.0
Apr 22, 2022
Recommend
CEO approval
Business Outlook

Pros

Good benefits, fair pay for professional positions

Cons

Location strategy- 7 hub cities nation wide- all 2nd tier cities- no new hires outside hubs, current employees can’t transfer to a new position or be promoted unless they live in a hub. Also- positions that have been remote for decades must now report to an office. We are bleeding talent- and have limited options for new talent as all must live in a hub city.

2.0
Mar 16, 2022

Audit

Recommend
CEO approval
Business Outlook

Pros

Well compensated, bonus, PTO, 401k match

Cons

Audit is always changing templates, systems, methodology, requirements, what you need to get pre cleared etc. The methodology templates and requirements change every audit. Days are long. Expect to be treated like a 5 year old with reminders for everything from timesheets to training way before it is due. Do not get me started on management. People are not valued and most never meet their manager. You are expected to go in the office even though no one you work with is in your office. Most have not met their manager. Do not expect to network. You do not meet business partners or audit management and unless in a large location you do not meet people on your team. Turnover is so high in audit, it is a revolving door and always short staffed. Contractors try to fill in however the requirements for contractors seem to be a pulse. Also know there is a location strategy that is not well communicated and if you are not in a hub it will be held against you.

Viewing 76 - 78 of 54,418 Reviews

Glassdoor has 58,524 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.