Wells Fargo reviews

3.5

57% would recommend to a friend

(54,462 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 54,462 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 24, 2012

No Ethics

Recommend
CEO approval
Business Outlook

Pros

Reasonable attendance policy Great coworkers Great business model in theory

Cons

Terrible pressure from the top down Incompetent Supervisors Terrible Ethics from employees and supervisors do not care and encourage them. they force you to sell products that have no way of helping the customer. employees cheat the system and Supervisors are aware and encourage it "by any means necessary meet your numbers". i was told that. they look the blind eye and when you refuse to play the numbers game they belittle you even if you are meeting the requirements. if you are a level 3/5 they wont leave you alone. level one is below average 2 is average 3 is good 4 is very good and 5 is outstanding. you MUST refer 1 out of 4 calls. 50% of those need to be transferred to a personal sales team member. that means 1 of 8 calls MUST go to a banker even though most calls are just checking a balance debit card doesnt work someone made a mistake and sent card to wrong address or too many cards or overdraft fees. if it wasnt for inconsistent information givin in all departments i would have received 30 calls a day instead of 90. since everyone is so focused on sales they tell you whatever you want to hear and then when it goes wrong they call the phone bankers. i know excellent committed team members who work hard and sell and are honest and polite to customers. all get fired eventually and wells fargo is left with scumbags who played the numbers game and cheated and are now leaders. Sound familiar? Citibank? BofA? all places that destroyed our economy and cheated to have great numberst and then the banlks collapsed. you can take it to the bank that the same thing is going to happen here.Wells still has terrific employees left over from merger and from before 2008 when economy collapsed. the business model is terrific but people have manipulated that and now whats left is an empty bank that looks great on paper.

1.0
Jul 19, 2012
Recommend
CEO approval
Business Outlook

Pros

Working for a large and stable company...and that's where it ends.

Cons

Upward mobility completely sucks if you're in retail. Managers will promise you a raise if you hit your numbers but then they just keep finding another excuse not to promote you. All the managers think they are God's gift to finance when, in reality, retail banking is at the bottom of the totem pole in the finance arena. If you have Personal Banker on your resume nobody cares because recruiters know that you don't have any specialized knowledge in anything related to finance. Wells Fargo likes to say that they have a great training program but that is non-existent. In lieu of hiring quality people they think that by implementing blanket sales and service procedures for everyone and the rest will just work itself out. Horrible way to run a business. There wasn't one person at my branch that enjoyed coming to work. Everybody was miserable...always being reprimanded by the manger for the smallest things. The happiest day of my life was my last day with this awful company. And, yes, I DID consistently hit sales numbers, I DID stay late and come to work early, I NEVER complained...I was a GREAT employee but none of that matters.

Viewing 190 - 192 of 54,462 Reviews

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