Wells Fargo reviews

3.5

57% would recommend to a friend

(54,546 total reviews)
avatar

Charlie Scharf

61% approve of CEO

54% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,546 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

55K reviews
1.0
Oct 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Decent benefits, average pay, good co-workers, good raises IF you jump ship to another dept after year.

Cons

Awful annual cost of living "raises" (1% or less), poor corporate culture does NOT encourage staying in same dept past 1yr, due to the prior creates zero SME which puts more stress on everyone else in the dept, poor work/life balance as they layoff people every year the week of Thanksgiving in broad strokes which leaves the ones left to do well over their fair share of the workload while senior management counts their money and slacks off

2.0
Oct 11, 2025

Mass layofffs in risk

Recommend
CEO approval
Business Outlook

Pros

Higher industry pay…if you can keep your job.

Cons

Mass layoffs in risk now that the asset cap has been lifted. “Location Strategy” if your line of business is no longer supported in that location, regardless if the location is staying open - you will be laid off or you have to move. Had a co worker move to a new location only for the company to then decide they are pulling out of that location. Uprooting families for this company is not worth it. But the company also has no problem moving your job to India.

1.0
Sep 4, 2025
Recommend
CEO approval
Business Outlook

Pros

Vacation time, 401k, dental, and medical but you pay a lot for it

Cons

At the 1st of the year all employees were told that a large amount of employees would be let go. Numbers are all they care about. Would not recommend.

Viewing 415 - 417 of 54,546 Reviews

Glassdoor has 58,655 Wells Fargo reviews submitted anonymously by Wells Fargo employees. Read employee reviews and ratings on Glassdoor to decide if Wells Fargo is right for you.