Wells Fargo reviews

3.5

57% would recommend to a friend

(54,431 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 54,431 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
1.0
Aug 25, 2010
Recommend
CEO approval
Business Outlook

Pros

Great benefits, great senior leadership (CEO, CFO,etc.).

Cons

Retail banking at Wells Fargo is a true grind. All they care about are numbers and sales. Managers will look the other way when people are doing unethical things to get sales as long as they don't get caught. No interest in developing good, long term employees. Extremely hard to get out of retail and they don't teach any transferrable skills unless you want to be a used car salesman. I think if the executive level management knew what was going on in retail they would throw up in their mouths.

1.0
Aug 23, 2010
Recommend
CEO approval
Business Outlook

Pros

My hrs are 6p to 230a, so with the shift differential I earn a little over $13 an hour which isnt bad in this area. They also offer full benefits.

Cons

My training class was told that we would have the ability to move our shift around once we were trained, that was incorrect. A lot of people had to quit to accomodate the shift change they planned around. WF does not accept doctors notes...I was hospitalized with a virus 2 days and was written up upon my return. This is important for people with families to know. Although I was hired as a customer service rep, I feel that the sales aspect of the job is absolutely ridiculous. Goals are unrealistic, and you will be written up or lose your job if you do not keep up with the goals. I was never told that the sales goals would be so excessive, we are asked to ask every single person we speak to for a referral and it irritates the customers as well as the employees. Everyday we show up to work, we worry if that is the day we do something incorrect and may lose our jobs...its stressful and not a good way to work. Out of the original 20 hired with me, the team now has 7 people because people have moved on or simply quit. Their way of rating the employees and QA of phone calls is unfair at times, even my manager has had to speak up for myself and team members on several occasions. Because of working the evening shift, upper mgmt is never around, and major situations take days to solve because they do not hang around past 5pm. This causes a disconnect as we dont feel they hear our concerns. Wachovia has been #1 in customer service for years, but I truly fear they will lose that rating as the merger completes.

1.0
Aug 10, 2010
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo is a nationwide company which provides the opportunity to transfer if you need to. There are also a lot of positions available in different fields if you don't like your current role.

Cons

Wells Fargo does not value the relatiosnhip of a customer. They want the registered, senior bankers to focus on free checking accounts, debit cards and savings accounts. There is no difference in compensation for the level of money you bring to the bank (i.e. $100 pays the same as $1mm). Wells no longer values experience or ability, they only want a body in every office to sell products, not relationships. Wachovia had a great model and the customers loved it. Unfortunately, Wells will not approve many credit applications nor do they pay competitive interest rates. There are no benefits to offer the customers anymore. With no products or loans to offer, poor focus during the merger and low wages, Wells Fargo is just not a place to advance your banking career.

Viewing 106 - 108 of 54,431 Reviews

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