Wells Fargo reviews

3.5

58% would recommend to a friend

(54,351 total reviews)
avatar

Charlie Scharf

62% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,351 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

54K reviews
4.0
Apr 1, 2016

Personal Banker Review

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay is good, they normally start out personal bankers around 17.30 an hour and full time depending on your experience they may pay more. You get quarterly bonuses for reaching sales quotas and having good customer service they call it WOW. You get to meet all kinds of people and help people with their financial needs and on top of it you learn a lot about finances for your personal life. Cant forget those banking hours and holiday pays are amazing.

Cons

For how hard the employees work, i think they should pay more. Sales quotas are extremely difficult to reach if you are at a slow location. if you do not hit your goals you could potentially get fired, its very stressful. Angry customers are a daily. There is a lot of risk and chance at taking losses, like approving teller transactions that could lead to bad checks or fraud customers and you take the loss for that. There are so many ways you can lose your job the list is endless. You have to be very careful.

4.0
Feb 16, 2016
Recommend
CEO approval
Business Outlook

Pros

This is a great place to work as a mortgage banker, especially if you are just getting started in the business. WF provides you with training opportunities, leads, and referral sources. If you are willing to put in the work, you can make good money at this job and not have to scramble to find business.

Cons

Our reputation with local realtors is somewhat tarnished because of the extensive underwriting guidelines and long turnaround times.

5.0
Jan 19, 2016
Recommend
CEO approval
Business Outlook

Pros

Competitive Salaried Investment Training & Licensing Walk-In Affluent Client Opportunities Freedom to work with and develop a personalized product mix Top-notch support, including an engaged Private Bank ($1mm+)

Cons

Revenue Capture Absence of a Client Associate in ramp-up years can make for some extremely long hours to maintain and grow book of business in first 3 (or so) years. However, this also forces one to learn-by-doing the clerical side of the business.

Viewing 49 - 51 of 54,351 Reviews

Glassdoor has 58,446 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.