Wells Fargo reviews

3.5

57% would recommend to a friend

(54,461 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 54,461 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
Apr 13, 2013
Recommend
CEO approval
Business Outlook

Pros

Good pay for hourly wages, but they skipped out on benefits

Cons

Cheated their way out of benefits by hiring contractors. Worked full time on their systems anyway, with training from upper management.

1.0
Dec 29, 2012
Recommend
CEO approval
Business Outlook

Pros

Monthly bonus. Base aalary $63,000.

Cons

Company hired me as a Senior Underwriter although I had no experience in mortgage lending, only commercial underwriting. Although I learned quickly, there were some details that I missed. The Lending Manager responsible for granting loan authority claimed she had trained me several times, which was completely false. I was let go after 3 months due to mistakes on 2 loans out of 24 that I had underwritten. Very unfair envirornment. 10+ hours of overtime required per week.

1.0
Dec 20, 2012
Recommend
CEO approval
Business Outlook

Pros

Lots of advancement opportunities, if you're willing to deal with the endless grinding and screwing over of customers.

Cons

Unrealistic goals, very very pushy sales techniques expected, micromanaged down to the nitty gritty... not even sure why I was a banker since I had to go check with my store manager before I did ANYTHING. I was a Customer Sales and Service Representative which gets paid less than a Personal Banker but has the exact same expectations. The goals are supposed to be different, but the district manager would send out daily "expectations" and "challenges" and they were the same for both positions. Call nights EVERY night, regardless of if you are making your goals or not. Crappy "prizes" for meeting insane goals like $5 each for lunch or cookies or candy or STUFF with Wells Fargo logo all over it. Management doesn't care about their employees at all, they only care about the bottom line. They encourage unethical behavior in order to get sales... but don't get caught, because then you're on your own. I didn't get fired, but I watched countless bankers gets fired while I was there... for "gaming". They create an environment where you feel like you have to do unethical things in order to make your goals. Nothing is ever good enough, if you have an amazing day on Monday but on Tuesday you don't meet your goals... then you're in the toilet. It doesn't matter if it averages out and you're at goal for the quarter, they make you feel like crap for not meeting goals every. single. day. and in every single category. Sorry, but it's just not possible.. and I was a good banker, always exceeded my goals. Never good enough. I was in the Greensboro district in North Carolina.

Viewing 187 - 189 of 54,461 Reviews

Glassdoor has 58,568 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.