Wells Fargo reviews

3.5

57% would recommend to a friend

(54,432 total reviews)
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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 54,432 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
2.0
Sep 23, 2008
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo Financial is division of Wells Fargo Co. dealing primarily with subprime markets. The Culture is great and promotes a very team oriented environment; the company looks for very competitive individuals and trains them intensively. The training is first notch and the culture and pride of place is bar none the best in the industry

Cons

Some of the downsides are that it is hard to grow within the company as in any sales job it is’ what have you done for me lately’. Also there are limited branches so unless you are ready to relocate you may have to wait some time before a promotion/branch opens even if you are exceeding your goals. Their seems to be also some stagnation in middle management so there is a big disconnect between those in the field and those in the office that have been largely promoted on based tenure, but will not go grow any further within the company. And like anything those in the field/sales role are the first to go and the last know…even though they produce revenue. Unless you’re at corporate head quarters it is 100% sales job. Branch Location and manager of that branch will play large part of you success or failure.

3.0
Sep 21, 2008
Recommend
CEO approval
Business Outlook

Pros

For getting started out in the financial services industry, it offers a great training program and environment to quickly learn in. You experience 4-8 weeks of training and then the rest is on the job training or more like "learn as you go" Also, the benefits package is one of the best that I have seen and the 401K match is very nice. It's a multicultural company with people from many different ethnic backgrounds.

Cons

Your schedule is basically 6 days a week because of the extended hours. The sales goals are ridiculous. It's nearly impossible to achieve your bonuses and that is even with working very hard every single day for a quarter straight. If you are lucky enough to reach your bonus, it's very small and not worth the effort. In smaller cities, the opportunity for growth is limited with the main positions being, teller, banker, store manager. If you're in the bigger cities there are more opportunities. The pay is average compared with other banking jobs but it's hard to get raises and promotions and I've seen people get promoted because they had high sales numbers when that was only because the banker was "gaming" and doing things unethically but then got promoted.

Viewing 54253 - 54255 of 54,432 Reviews

Glassdoor has 58,538 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.