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
Oct 18, 2021
Recommend
CEO approval
Business Outlook

Pros

none, you can find a better job else where. I quit the job even though I didn't have anything lined up and didn't qualify for unemployment because I quit; that's how bad it was.

Cons

everyone I knew worked long hours. The rookies were up to midnight most days, working on Saturdays as well. A couple of times I had to work through the night to complete cases; others said they've done the same. People worked on their cases even on their day off and unless you were taking a long vacation, caseload was added even when you were taking days off. I dissuaded people from working there. Had to summarize every type of transaction, bring in other client accounts if they were involved in suspicious activity. Limited KYC information. Manager always assumed that I was making the cases more complicated; had to argue that the previous investigator didn't do their job correctly and didn't add in all suspects.

1.0
Jul 8, 2021

Toxic workplace for AI & Design Teams

Recommend
CEO approval
Business Outlook

Pros

At first, it was nice to be one of the early recruits in the AI team

Cons

- Constant management turn-over, highly-skilled executives end up leaving because senior management insists on working old-fashion Wells Fargo way of doing things instead of being open-minded and considering new ways of working - Managers hire "diverse" people to increase diversity and inclusion, but people they end up hiring come with no experience, straight out of college, and the rest of the team is tasked with onboarding new employees - Forget about any promotion or career growth unless you have "connections" in the senior management, or you've proven yourself and got the OK of senior management - there are some really misogynistic project managers who openly violate workplace ethics, intimidation, and harassment, and managers turn a blind eye to issues raised - Ethics line has a lot of complaints coming from AI organizations, but they don't follow-up - AI Trainings are handled absurdly and anyone who raises red flags get retaliation or asked to drop the case and accept unethical data training management - Product designs are mediocrely accepted into production in order to meet "product deadlines"

2.0
Mar 2, 2021
Recommend
CEO approval
Business Outlook

Pros

Good Starting Salary, Vacation, Medium Workload, and Retirement Benefits

Cons

I spent ten months with Wells Fargo. I spent six months doing work that was completely unrelated to my auditing job with the RCC team. I understood that this was due to COVID-19 and dealt with it. When I finally made it to my audit team I received very little guidance on what my job was, how to do it, and when tasks were due. Things were continuing to get worse as time went on and I felt that these factors were making doing the audit with a reasonable standard of competency impossible. I was told that other audit associates had different experiences on their teams but this was also told to me by the recruiter during what was effectively an exit interview. Training is very inconsistent in quality and depends largely on which audit team you are assigned. The work itself is fairly easy but it requires accessing multiple systems of record and these are not intuitive systems that you'll be able to find by guesswork. You'll need training on how to do all of this as well and that was largely the problem I ran into with my team. I felt like my degree in accounting and previous work experience in accounting were largely useless here. Ultimately I left because I felt that my lack of knowledge was negatively affecting my performance on the job and also my teams performance as they relied on my to do audit work and other work.

Viewing 82 - 84 of 54,418 Reviews

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