Wells Fargo reviews

3.5

57% would recommend to a friend

(54,443 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 54,443 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
3.0
Jul 7, 2010

Wachovia to Wells Fargo

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The benefits are affordable and you have various options to customize your benefit package to meet the needs of your family.

Cons

Coming from Wachovia, it is difficult to apply for new roles. The perception has become that because you're from Wachovia, you are not as qualified as other Wells Fargo candidates.

4.0
Jul 6, 2010
Recommend
CEO approval
Business Outlook

Pros

Great time off benefits- it depends on the manager and how he or she approve, but typically never a problem Reputable co- WF is doing great in this financial hault were in, plus it looks good on your resume

Cons

Recognition- extremely difficult to be recognized because everything is based on sales Raises- not good at all Management-sometimes not qulified whatsoever; if you can exceed your sales goals consistently and know the right people...you will have a manager position

3.0
Jul 1, 2010
Recommend
CEO approval
Business Outlook

Pros

Wells Fargo as a whole is a great company with good employee benefits. Career longevity is very possible as WF has been around for many years and is very profitable. It is prorbably one of the most stable and reputable banks in the U.S. Good chance of fast advancement if you are good at sales. Also, there is alot of lateral mobility within the company since Wells Fargo has so many different divisions.

Cons

Working as a credit manager for WFF is a sales job. As w/ any sales job, the pressure is high to hit quotas. Sometimes, the job is monotonous. The mornings are spent making outbound sales calls to current customers; the afternoons are spent meeting with customers. The products sold are not very competive with other banks, so if the customer is smart enough to shop around, they will usually find a better deal elsewhere which is frustrating when you are trying to convice people that they NEED your products. There is a very high turnover rate due to the pressure, monotony, and the lack of competition w/ local banks. The base pay is not quite bottom of the barrel, but almost. There is now a nice bonus piece based on sells, but only if you sell a fairly substantial volume. The manager pay is obviously much higher and the bonuses are much higher, but that is 3 promotions from the credit manager position.

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Glassdoor has 58,550 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.