Wells Fargo Reviews | Glassdoor.com.au

Wells Fargo Reviews

Updated 23 September 2017
16,660 reviews

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3.5
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
1,098 Ratings

16,660 Employee Reviews

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Pros
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More Pros and Cons

  1. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker I (SAFE) in Salt Lake
    Former Employee - Personal Banker I (SAFE) in Salt Lake
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Young environment, can get promoted fast, laid back manager

    Cons

    Aggressive sales goals, upper management to much pressure


  2. "PB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker I
    Former Employee - Personal Banker I
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good pay, good hours and excellent training

    Cons

    Sales pressure could be tough at times

    Advice to Management

    Continue to invest in the training department.


  3. "Manager"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    People, culture, benefits, project and location

    Cons

    Politics, too much going on which affects day to day activity


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  5. Helpful (421)

    "Cross Sell or Unemployment, Wells Fargo Only Wants Employees To Sell Customers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Wells Fargo (More than 5 years)

    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!

    Advice to Management

    Cross sell expectations are going to destroy the customers experience after all tenured employees are fired. All that will be left are employees that cross sell and could not resolve a true complex issue.


  6. Helpful (56)

    "Vice President - UX"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in San Francisco, CA (US)
    Current Employee - Vice President in San Francisco, CA (US)
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (More than 10 years)

    Pros

    People & management of immediate work group, work-life balance, stock purchase plan, 6% 401k matching, learning & development opportunities, many long-term employees, flexibility, medical & dental benefits, family-friendly, very generous leave & vacation time

    Cons

    Ethics & management at high level, lower compensation/salary than other companies, no/minimal raises & bonuses for high-performing long term employees

    Advice to Management

    Upper management ruined WF reputation by acting illegally, causing culture & morale to decline and reduced bonuses for everyone. Lower level employees suffered the most.


  7. "Good compay"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wells Fargo full-time

    Pros

    Work culture is Very good. Best compay for freshers.

    Cons

    Management need to change .


  8. "Personal Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time

    Pros

    Diversity Great 401k Great Health Benefit/ No sales goal/ Team orientated

    Cons

    Average competitive pay/Low bonus comp


  9. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Teller in Charlotte, NC (US)
    Former Employee - Teller in Charlotte, NC (US)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo part-time (More than a year)

    Pros

    inclusive, supportive, good compensation, organized

    Cons

    rigid structure, management doesn't have power, therefore no change


  10. "Wells Fargo offers great stability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Supervisor in Salt Lake City, UT (US)
    Former Employee - Supervisor in Salt Lake City, UT (US)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great reputation and learning opportunities. Job stability/security.

    Cons

    Too much bureaucracy and the incentives to work are not competitive

    Advice to Management

    Empower your employees and offer more ways to develop a career


  11. "Teller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wells Fargo part-time

    Pros

    Plenty of room to grow

    Cons

    Too much of a seller based company


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