Wells Fargo reviews

3.5

57% would recommend to a friend

(54,431 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 54,431 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
1.0
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Easy entrance to the financial field, with the right sucking up one can get ahead if you have moral flexibility to swindle people. If you don't have education and don't thrive in a meritocracy it is a place where you can truly succeed and fly up the ranks. People can rise from entry level teller to management despite lack of management experience or economic knowledge. Very pro-minority as they value diversity over skill. This place will give you a thicker skin in sales, if you can sell online banking and debit cards to 90 year olds you're apt to succeed.

Cons

Unfair business practices, management suggesting immoral practices, poorly trained and educated staff, extreme pressure to put extreme pressure on customers despite their best interests, subpar products that one is expected to push, repeated unethical and questionable business practices, managers who are uneducated, and uninformed, lack of concern for the best interests of the customers or employees. They fail to prune out employees that have been popped for violating policy, and punish those that follow it. Employees are encouraged to endlessly harass customers into products they don't need. This company embodies the peter principal, and rewards their most morally deficient employees.

4.0
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

National name, strong reputation in the banking community, excellent leadership at the top, cutting edge technology and detailed, ongoing training program.

Cons

In my particular situation, no local bank presence, sponsorships or advertising. No local loan processing...all loans were shipped to a differnt state to be processed.

5.0
Sep 3, 2008
Recommend
CEO approval
Business Outlook

Pros

Very well branded company. Lots of processes but they have proven to be just in these unsettling credit markets. The company pays for performance and communicates effectively throughout the organization what is going on. Monthly conference calls on the state of the market as it is seen internally is very helpful in me providing the best service to my clients. Long tenured management helps to engrain the Wells Fargo philosophy in less experienced employees. I have found my experience at Wells Fargo to be both challending an rewarding. Armed with an MBA, this is an institution I could work at for a long time.

Cons

Large organization and very burecratic. Your ability to hit the home room can be very difficult as the organization is very process oriented and lacks entrepreneurial ingenuity in my group. Company gets very caught up in analysis which can feel paralyzing at times because everything needs a memo. Because the organization is so large, getting a response from senior management can take awhile because they seem to be so thinly spread. Would like to see more authority handed down so that decisions be made faster and the sales force can be much quicker and competitive to the needs of customers. In a down market it does not matter but when things pick up again, it will be tough if this continues.

Viewing 54271 - 54273 of 54,431 Reviews

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