Wells Fargo reviews

3.5

57% would recommend to a friend

(54,477 total reviews)
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Charlie Scharf

61% approve of CEO

55% positive business outlook

Wells Fargo has an employee rating of 3.5 out of 5 stars, based on 54,477 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
Jun 13, 2021
Recommend
CEO approval
Business Outlook

Pros

- Ability to contribute to HSA - 6% 401K match - School reimbursement, but work's schedule, & company's interest comes before yours. "It's a business, after all", been told. - Great direct management team. - Friendly co-workers. - Dress code tends to be relaxed, as long as it's appropriated, and professional. - May be a good stepping stone to get into the finance world.

Cons

- Very micro-managing. - Rules & regulations are made & given by bunch of CEOs, etc., who have no idea how the real branches work. - Long process(es) to get something done. - Sale practices are being replaced by contanst reviews of the CNAs, BNAs, & # of referrals from the management. - Raises are being replaced by customers' quarterly average of reviews, & surveys. - Extremely under-staffed. - A person's education, knowledge, years of service, level of customer service, or # of licenses don't mean a squat, but the ability of "kissing the right places", definitely do wonders. - The memory of the scandals are tattooed in the public's minds. Customers still bring them up from time to time, & employees are still being hammered for something they didn't do. - Just like with all big companies, anyone is replaceable. - Extremely difficult to move up. - Pay is low, compare to the company's competitors. Typical 2% annual raise, if there's any.

4.0
Apr 27, 2021

Finding gold in a mine

Recommend
CEO approval
Business Outlook

Pros

There are some great leaders, mentors, and team members. I've heard horror stories, but I've been fortunate to avoid the landmines of toxic leadership and apathetic peers. Senior leadership has flipped over quite a bit so it's hard to judge, but the current CEO seems genuine. Whether the high turnover was a series of choices or suggestions is anyone's guess, but the end result is a small consolation to people that lost their jobs in the past due to a leadership team that encouraged bad behavior. The future looks brighter than the past.

Cons

Much lower pay than competitors. A peer was fired for performance after 15 years with Wells Fargo. He (or She) was hired by a competitor for nearly double the pay and went on to be a top performer at that company. My former peer heard about the job opening from several high performers that left Wells Fargo to accept better pay for the same role. It's frustrating to see poor performers retained year after year when top performers walk out the door.

Viewing 253 - 255 of 54,477 Reviews

Glassdoor has 58,584 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.