Finding gold in a mine - Mortgage Analyst Wells Fargo Employee Review

4.0
27 Apr 2021
Recommend
CEO approval
Business outlook

Pros

There are some great leaders, mentors, and team members. I've heard horror stories, but I've been fortunate to avoid the landmines of toxic leadership and apathetic peers. Senior leadership has flipped over quite a bit so it's hard to judge, but the current CEO seems genuine. Whether the high turnover was a series of choices or suggestions is anyone's guess, but the end result is a small consolation to people that lost their jobs in the past due to a leadership team that encouraged bad behavior. The future looks brighter than the past.

Cons

Much lower pay than competitors. A peer was fired for performance after 15 years with Wells Fargo. He (or She) was hired by a competitor for nearly double the pay and went on to be a top performer at that company. My former peer heard about the job opening from several high performers that left Wells Fargo to accept better pay for the same role. It's frustrating to see poor performers retained year after year when top performers walk out the door.

Explore other reviews about Wells Fargo

5.0
11 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Great company to work for

Cons

Being on the phones long periods of time

4.0
1 Dec 2014
Recommend
CEO approval
Business outlook

Pros

Benefits (but cost creeping up and coverage creeping down each year), Good Morale Both Management and Coworkers, and Honestly a Great Company.

Cons

Cross Selling is the only focus now, firing employees who are great at their job in every area that should matter but if the cross selling results are not meeting the ever ridiculous quota (which continues to rise) than you may not have a job next month. Expectation for customers to say yes to cross selling, leaving you with no real control of your job security. Stress!

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