There are newer employer reviews for Wells Fargo

 

overall experince

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Personal Banker in Charlotte, NC (US)
Current Employee - Personal Banker in Charlotte, NC (US)

I have been working at Wells Fargo full-time (more than an year)

Pros

its a great company to work with

Cons

bigger company bigger the sales pressure

Advice to ManagementAdvice

when hired internally offer low salary , internal employees should be compensated the same way as external.

Recommends
Positive Outlook
Approves of CEO

6758 Other Employee Reviews for Wells Fargo (View Most Recent)

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  1. 1 person found this helpful  

    Wells Fargo Advisors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Registered Client Associate in Austin, TX (US)
    Current Employee - Registered Client Associate in Austin, TX (US)

    I have been working at Wells Fargo full-time (more than 3 years)

    Pros

    Great benefits, good hours and several holidays off. There are a lot of education opportunities within the firm.

    Cons

    Commission based salary and low growth potential. Also, almost all of the FA's are men and almost all of the CA's are women. There are clear gender biased roles and most women do not break through the CA position.

    Advice to ManagementAdvice

    Continue to recognize CA's for their work. We handle most of the relationship with the clients.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Regional Private Banker Minneapolis, MN

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Regional Private Banker in Minneapolis, MN (US)
    Former Employee - Regional Private Banker in Minneapolis, MN (US)

    I worked at Wells Fargo full-time (more than 8 years)

    Pros

    technology is great. working for a large company, it is possilbe to have a long rewarding career. 401k and vacation time are generous. Salary is average for this position in the marketplace. Midpoint for a seasoned private banker 1 is 55,000. Private Banker 2 is 62,000. both have annual and quarterly bonus potential.

    Cons

    Sales expectations are high; bankers have a dotted line reporting to an affluent sales coach; be prepared for intense one on ones at least once or twice a month to review sales pipeline. Bankers are responsible for achieve 3 of four metrics in deposits, investments, loan, and partner referrals.

    Recommends
    Neutral Outlook
    Approves of CEO
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