Been here for 5 years but continues to become worse ever year - System Operations Engineer Wells Fargo Employee Review

2.0
Feb 13, 2025
Recommend
CEO approval
Business Outlook

Pros

It is a big 5 bank, it's great on the resume. That is about all the pro's I can think of.

Cons

Most of the promotional opportunities are for overseas employees in India and Philippines. Can you guess why? Cheap labor. My current pay is far below the US market average (percentage is 30-40% less than average ) that is caused by the huge oversea cheap labor forcing US colleagues to be under paid. The Tech is not good here, there is an major outage everyday because some low paid engineer is copy and paste some code and pushed it through over night. When joining this company I believed I was going to work with brilliant people that's not the case. This company truly runs on 10/90 rule, 10 people do real work while the other 90 people are doing nothing or are not qualified to be in the position but because of cheap labor they are kept there. Why is that? Because if you are US based engineer you are expected to help or "train" these cheap labor employees but half of them do not know the job to understand what is being explained or they do not understand the English language. If you are qualified to be promoted it is highly likely it's not based on your work ethic or merit, it is most likely a someone else who fits the DEI promotion criteria. In all honesty if you live in the Charlotte area with a chance that you can find work else where please do so! You will end up doing your work plus your colleagues work all the while your DEI colleagues or overseas colleagues will be promoted to new roles. If you are a new college graduate look else you will learn bad habits here or you will become resentful of the corporate culture. Someone might read this and ask why am I still here? This company will put you in a daze. You are just rolling through meetings and work like you are a machine the days roll on and your not realizing how much time you have spent here with so little to show for it. Maybe this is my wake up call to myself to move on.

Explore other reviews about Wells Fargo

5.0
Mar 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team and great help also competitive salary

Cons

not really much downsides but maybe the career projections

4.0
Dec 1, 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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